Skip to main content

Microsoft, Amazon, Google Hit as Customers Cut Spending on Cloud, Datacentre Services

Microsoft, Amazon, and Intel may be girding against imminent recession, after the US tech giants revealed this week that customers had cut cloud and datacentre spending. Investors are now looking to see if there is a glut in capacity, which could lead to cuts in investment in cloud services, one of the largest and most dependable sources of growth for years, amid risi...

from Gadgets 360 https://ift.tt/8YPFSfq
Labels:

Comments

Post a Comment

Popular posts from this blog

Google, Apple Urged to Remove TikTok From App Store, Play Store by FCC Commissioner

Google, Apple has been asked by FCC official Brendan Carr to either remove TikTok from their app stores by July 8 or explain to him why they did not plan to do so. Carr alleged that the video-sharing app TikTok has collected vast troves of sensitive data about US users that could be accessed by ByteDance staff in Beijing. from Gadgets 360 https://ift.tt/cDxO2zE
Post a Comment
Read more