AWS Suffers Technical Issues in US-East-1 Region
By Sanaa Sharma
The interruption also affected pivotal appliances used in the Amazon Warehouse services. Some users confirmed that they were not able to access Amazon’s Flex.
Cloud Computing
Explore the most recent news in Cloud Computing including popular topics related to SaaS, PaaS, Virtualisation, Mobile Cloud, and Enterprise IT systems 
Google Invests $1B in CME Group, Both Companies Enter Cloud Computing Deal
Google will also benefit from the deal as it gives the company a hedge in the financial services sector.
Alibaba Stock Up 1% Today, Company Unveils New Chip for Its Cloud Computing Sector
Alibaba stock has dropped approximately 44.96%, 29.15%, and 18.74% in the past year, YTD and three months respectively.
Google Cloud Joins Hands with NFT Platform Dapper Labs to Scale Flow Blockchain
As part of the deal, Google cloud will be offering infrastructure support helping Flow blockchain to scale further and host major NFT projects.
Microsoft to Bring Cloud Gaming Services to Xbox Consoles by Year End
The switch to bring cloud gaming products to its Xbox consoles is a move that can impact the revenue potential of Microsoft in the mid to long term respectively.
Microsoft Acquires Security Software Provider RiskIQ in $500M Deal
RiskIQ will help Microsoft spot multiple threats and attacks on its Azure cloud infrastructure and thus help them neutralize it before creating any further damage.
Pentagon Cancels JEDI Cloud Contract that Saw Microsoft and Amazon Lock Horns
By Kofi Ansah
The Pentagon in a press release on July 6 stated that “due to evolving requirements, increased cloud conversancy, and industry advances, the JEDI Cloud contract no longer meets its needs.”
MSFT Stock Hits Record High Before June 24 Microsoft Event
Monday’s price surge has helped Microsoft register 18% gains year-to-date with analysts setting up a $300 price target for the MSFT stock.
Amazon Unveils Luna Cloud Gaming Service, Analysts Project 10% AMZN Stock Rise by September
Amazon streaming hours on Prime Video are up 70% year-over-year and therefore, Luna is expected to positively impact sales.
iExec RLC, Native Crypto of Decentralized Cloud Network iExec, Jumps 400% on Coinbase Listing
The iExec network announced $1 million in rewards and grants for developers to unlock new opportunities using the iExec protocol. Recently, iExec also announced its participation as a technology provider in the EU-backed Data Cloud project.
Cloud computing is the on-demand availability of computer system resources, especially data storage and computing power, without direct active management by the user. The term is generally used to describe data centers available to many users over the Internet.
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