U.S. tech giant Microsoft Corp is close to a settlement with a trio of cloud providers to suspend their antitrust complaints to the European Commission, Bloomberg news reported on Tuesday, citing people familiar with the matter.French cloud computing services OVHcloud, Italy's Aruba SpA and the Danish Clo
U.S. tech giant Microsoft Corp is close to a settlement with a trio of cloud providers to suspend their antitrust complaints to the European Commission, Bloomberg news reported on Tuesday, citing people familiar with the matter.
French cloud computing services OVHcloud, Italy's Aruba SpA and the Danish Cloud Community are the parties involved in the final stages of settling with Microsoft and the announcement could come in this week, the report added. Microsoft is facing an antitrust complaint filed by the three European rivals in the booming cloud computing business.
The complaint, filed with the European Union's competition watchdog, alleges that Microsoft's contractual and business practices make it costly and difficult for users of its cloud computing services to opt for those of a competitor. Microsoft, OVHcloud and Aruba SpA did not immediately respond to Reuters' queries. The Danish Cloud Community declined to comment on the report.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
India's Oyo mulls cutting IPO size amid tech headwinds - Bloomberg NewsBENGALURU : Softbank-backed Indian hotel aggregator Oyo Hotels and Homes Pvt Ltd is cutting the shares it planned to sell via an initial public offering (IPO) by about two-thirds as tech valuations plunged, Bloomberg News reported on Monday, citing people aware of the matter. The company is preparing to f
Read more »
India's Oyo mulls cutting IPO size amid tech rout - Bloomberg NewsBENGALURU :Softbank-backed Indian hotel aggregator Oyo Hotels and Homes Pvt Ltd is cutting the shares it plans to sell via an initial public offering (IPO) by about two-thirds as tech valuations plunge, Bloomberg News reported on Monday, citing people familiar with the matter. Oyo is preparing to file a fresh
Read more »
Nimbus has connections on Cloud nineWhen the jockey offers his two cents’ worth, the trainer listens. After all, the man on top of the horse can sense something which the trainer cannot. In Saturday’s Race 2 winner Nimbus Cloud’s case, it paid dividends when trainer Mahadi Taib heeded jockey...
Read more »
Oxbotica, Google Cloud partner to scale up autonomous softwareLONDON : Oxbotica and Alphabet Inc's Google Cloud said on Tuesday they are partnering up to speed up the deployment of the British self-driving software startup's autonomous software platform to customers around the world.Oxbotica will use Google Cloud infrastructure to create 'scalable, safe, and reliabl
Read more »
German regulator launches antitrust proceedings against MicrosoftBERLIN : Germany's antitrust regulator said on Tuesday it had launched proceedings against Microsoft to examine whether the U.S. tech giant is 'of paramount significance for competition across markets'.Andreas Mundt, head of the Bundeskartellamt regulator, said there were 'good reasons' to examine whether
Read more »
German regulator launches antitrust review of MicrosoftBERLIN :Germany's antitrust regulator is reviewing Microsoft's market power in a move that could lead to an investigation of the U.S. tech giant's business practices and potential bans if they are found to damage competition. The Bundeskartellamt said it would decide whether Microsoft should be designated as
Read more »