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New JEDI Contract Bidding Coming Up
Friday, July 16, 2021 - 10:17am | 757After more than a year and a half since the so-called JEDI contract was awarded to Microsoft (NASDAQ: MSFT), Pentagon officials announced that they are canceling the massive cloud-computing deal. Although the Department of Defense representatives stated technical issues as the main reasons for the...
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Fintech Focus For September 3, 2020
Wednesday, September 2, 2020 - 7:16pm | 1857Quote Of The Day: If opportunity doesn’t knock, build a door. - Milton Berle Fintech Movers: Ethereum’s DeFi ecosystem has amassed at least 166 startups and protocols across 12 verticals, which The Block has mapped out. - Block Bitfinex adds new perpetual contracts. How to earn 7% on...
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Can Google Ever Catch Amazon And Microsoft In The Cloud?
Saturday, December 21, 2019 - 12:50pm | 807Can Alphabet Inc.'s (NASDAQ: GOOGL) Google Cloud compete with the two industry giants? And if it can’t, will it shift its focus elsewhere? A report in The Information suggested Google is pushing to have its cloud computing services unit beat at least one of the big two in the space,...
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Amazon Says Pentagon's JEDI Award To Microsoft Was Based On Trump's Desire To 'Screw Amazon'
Tuesday, December 10, 2019 - 12:53pm | 442Improper pressure from President Donald Trump, who said he wanted to "screw Amazon," contributed to the decision to deny Amazon.com Inc.'s (NASDAQ: AMZN) Amazon Web Services a $10 billion defense contract, the company alleges in a newly unsealed complaint protesting the award. The...
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JEDI Mind Tricks: Esper Says Cloud Computing Contract Fair As Politics Cloud Efforts To Evaluate Amazon, Microsoft
Friday, November 15, 2019 - 6:01pm | 662The head of the Defense Department on Friday said there was no bias in the agency’s awarding of an enormous $10 billion cloud computing contract known as JEDI to Microsoft Corporation (NASDAQ: MSFT). But for investors and analysts trying to figure out which computing companies may have the...
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Return Of The JEDI: Amazon Will Protest Microsoft's $10B Pentagon Contract
Thursday, November 14, 2019 - 7:43pm | 298Amazon.com, Inc. (NASDAQ: AMZN) is planning to protest a $10 billion cloud computing contract, known as JEDI, which the Department of Defense awarded to Microsoft Corp (NASDAQ: MSFT) in October. The two cloud computing giants had been battling for over two years about who would run the ...
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Cramer: $10B Pentagon Contract Validates Microsoft's Cloud Business
Tuesday, October 29, 2019 - 12:05pm | 594The Department of Defense's choice of Microsoft Corporation (NASDAQ: MSFT) as its cloud platform provider signals to the market that its cloud business is "just as good" as Amazon.com, Inc. (NASDAQ: AMZN), according to CNBC's Jim Cramer. What Happened Microsoft and Amazon...
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Microsoft Trades Higher On $10B Cloud Computing Deal With Pentagon
Monday, October 28, 2019 - 7:59am | 221Microsoft Corporation (NASDAQ: MSFT) shares are trading higher following confirmation the company has won $10 billion cloud computing contract from the Pentagon. The Joint Enterprise Defense Infrastructure Cloud (JEDI) contract will modernization the Pentagon and is meant to make its technology...
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JEDI Masters: Amazon, Microsoft Battle To Build Pentagon's 'War Cloud'
Wednesday, July 10, 2019 - 3:09pm | 550Who will be the military’s Jedi master? That’s not a metaphor: The U.S. Court of Federal Claims heard a case Wednesday that will play a part in determining which of the country’s largest cloud computing companies will get to build the future of military data handling; the Pentagon...
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As Pentagon Cloud Computing Bid Deadline Nears, Google Drops Out, IBM Protests
Thursday, October 18, 2018 - 10:21am | 565Earlier this year, the Department of Defense announced a winner-take-all competition in order to select a cloud computing company to host its sensitive information. Some of the initial contenders included Amazon.com, Inc. (NASDAQ: AMZN), Microsoft Corporation (NASDAQ: MSFT), Oracle...