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Friday, December 4, 2020
Microsoft simply scored a big upset over Amazon by winning the strong fight over the $10 billion JEDI agreement (MSFT, AMZN)

Microsoft simply scored a big upset over Amazon by winning the...

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On Friday, Microsoft won the $10 billion Joint Enterprise Defense Infrastructure (JEDI) contract — clinching it over Amazon, which was thought to be the frontrunner. Microsoft and Amazon had been competing for this key Pentagon contract for over a year. Even President Donald Trump got involved: He demanded more information on the deal after Republican…
President Donald Trump supposedly wishes to ‘scuttle’ the $10 billion Pentagon cloud agreement that Amazon and Microsoft are contesting (AMZN, ORCL, MSFT)

President Donald Trump supposedly wishes to ‘scuttle’ the $10 billion Pentagon...

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President Donald Trump reportedly wants to "scuttle" the bidding process for a $10 billion cloud contract with the Pentagon and start over, CNN reported. "Trump wants to scuttle this process and possibly reopen it back up again with extra guardrails," a source close to the White House told CNN. The deal in question is the…
Microsoft has a possibility at beating Amazon for the ‘crucial cloud offer ever,’ and it might alter the balance of power in the cloud wars (MSFT, AMZN)

Microsoft has a possibility at beating Amazon for the ‘crucial cloud...

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Just six months ago, analysts believed Amazon was the hands-down frontrunner in a race for a $10 billion cloud contract with the Pentagon. But now, says an analyst, Microsoft actually has a fighting chance. Right now, these cloud giants, along with IBM and Oracle, are competing for the Joint Enterprise Defense Infrastructure (JEDI) contract, a…
Here’s how the federal government shutdown might impact the race in between Amazon and Microsoft for a $10 billion Pentagon cloud agreement (AMZN, MSFT, ORCL, IBM)

Here’s how the federal government shutdown might impact the race in...

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Three weeks have already passed since the government shutdown began, tying it for the longest shutdown in history. While Congress tries to settle the standoff, there's one thing that cloud giants may have to worry about. There's a race for a $10 billion cloud contract with the Pentagon called the Joint Enterprise Defense Infrastructure (JEDI)…
A long time financier shares his 3 choices for tech stocks to bank on in these bumpy rides for the marketplace (AMZN, MSFT, CRM, WDAY)

A long time financier shares his 3 choices for tech stocks...

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With the markets in turmoil, shedding loads of value seemingly by the day across the board, it's no longer a sure thing to bet on the tech sector or even its most prominent companies. It used to be that investors could put some money in the famous FAANGs — Facebook, Apple, Amazon, Netflix, and Google…
As bidding closes, Amazon’s cloud is the preferred to win a $10 billion defense offer. Here’s why everyone else is so mad about it (MSFT, IBM, ORCL, GOOG, GOOGL)

As bidding closes, Amazon’s cloud is the preferred to win a...

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The deadline for bids on a $10 billion cloud computing contract from the Department of Defense closes on Friday. The deal won't be officially awarded until April 2019, but the process has already drawn plenty of controversy since the bidding process officially began in July. The deal, called the Joint Enterprise Defense Infrastructure (JEDI) contract,…
Google leaves of contention for a $10 billion defense agreement since it might contravene its business worths (GOOG, GOOGL)

Google leaves of contention for a $10 billion defense agreement since...

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Google dropped out of the competition for a crucial Pentagon cloud computing contract valued at over $10 billion, the company confirms with Business Insider. The news, which was originally reported by Bloomberg, comes on the same day that the search giant announced the shutdown of the Google+ social network, in the wake of reports of…

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