Microsoft challenges Amazon NSA cloud contract

Published

3 years ago

August 13, 2021

Anthony Lucas

Microsoft has filed a protest against the National Security Agency in the US, challenging its award of a cloud computing contract

Microsoft is disputing the NSA’s decision to award the $10 billion contract to Amazon.

The NSA contract to Amazon comes on the heels of the Pentagon’s decision to cancel its $10 billion cloud contract.

A Microsoft spokesperson released a statement stating:

“Based on the decision we are filing an administrative protest via the Government Accountability Office. We are exercising our legal rights and will do so carefully and responsibly.”

Amazon Web Services, the company’s cloud computing unit, referred questions to the NSA.

The lucrative JEDI cloud contract was intended to modernise the Pentagon’s IT operations for services rendered over as many as 10 years.

Did Trump have a role to play?

A month later, AWS filed a lawsuit in the U.S. Court of Federal Claims protesting the JEDI decision.

The company argued former President Donald Trump’s bias against Amazon and its then-CEO, Jeff Bezos, influenced the Pentagon to give the contract to Microsoft.

Last year, the Pentagon’s inspector general released a report saying the award didn’t appear to be influenced by the White House.

Warner Brothers & Discovery considers splitting up to boost stock value

Published

1 week ago

July 19, 2024

ticker NEWS

Warner Bros Discovery is considering a strategic breakup to enhance its stock performance, according to a Financial Times report.

The potential move aims to unlock value by separating its media assets from its reality TV and lifestyle businesses.

This decision follows pressure from investors to improve stock performance, amidst challenges in the media industry #featured #trending

Money

Investors worldwide grow increasingly optimistic about Trump winning the election

Published

1 week ago

July 18, 2024

ticker NEWS

Investors are increasingly optimistic about Donald Trump’s potential re-election, prompting a resurgence in the so-called ‘Trump trade’.

Market participants are closely monitoring Trump’s political strategies and public sentiment, influencing their investment decisions.

Kyle Rodda from Captial.com joins to discuss all the latest.

Money

Netflix expands use of ads despite slow subscriber growth

Published

1 week ago

July 18, 2024

ticker NEWS

Netflix is intensifying its efforts to introduce an ad-supported tier amidst a plateau in subscriber growth.

The streaming giant hopes to attract new users and boost revenue by offering a cheaper alternative that includes advertisements.

This move marks a significant shift from its traditional ad-free model, reflecting Netflix’s response to competitive pressures and evolving consumer preferences.