The contract is for Microsoft's cloud computing services but could face further competition from Amazon according to Bloomberg.
Microsoft is set for a record opening on Monday, after securing a contract with the Pentagon, worth $10 billion for its cloud computing services. The tech giant was trading at 4.1% earlier on Monday in pre-market, which according to Bloomberg would mean a record opening. The contract, however, is likely to come at a high legal and technical cost for Microsoft, and could yet face competition from Amazon. View Business Insider's homepage for more stories.
Microsoft is set for a record opening on Monday, after securing a contract with the Pentagon, worth $10 billion for its cloud computing services. The tech giant was trading at 4.1% earlier on Monday in pre-market, which according to Bloomberg would mean a record opening. The contract, however, is likely to come at a high legal and technical cost for Microsoft, and could yet face competition from Amazon. View Business Insider's homepage for more stories.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Amazon Sells Clothes From Factories Other Retailers BlacklistAfter a 2013 factory collapse killed over 1,100 in Bangladesh, most big U.S. apparel companies agreed not to sell goods from plants violating worker-safety standards. Not Amazon.
Read more »
10 Dresses That Will Flatter Your Curves and Save You Money — All on Amazon!We're always down for a new dress; they're such versatile pieces of clothing, and we're of the mind that you can never have too many. When we need to shop for
Read more »
Pope, closing synod, decries plundering of the AmazonPope Francis on Sunday called for an end to the plundering of the Amazon basin, ...
Read more »
This Bestselling Faux Shearling Amazon Coat Is Finally Back in Stock for Just $32Grab yours and add to the 1,200 glowing reviews!
Read more »