Amazon, Microsoft ‘Cloud Arms Race Hitting Another Gear’ With Bezos Replacement: Wedbush

The elevation of Amazon.com, Inc (NASDAQ: AMZN) executive Andy Jassy, who heads Amazon Web Services, to the position of CEO represents that “cloud arms race” with rival Microsoft Corporation (NASDAQ: MSFT) is “hitting another gear,” as per Wedbush analyst Daniel Ives.
The Analyst: Ives…

Link: Amazon, Microsoft ‘Cloud Arms Race Hitting Another Gear’ With Bezos Replacement: Wedbush
via http://www.benzinga.com

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