Page 764 - Amazon Web Services News Today

Not satisfied with its dominant position in the Korean market, Amazon Web Services, the cloud business arm of US tech giant Amazon, appears to be attempting to occupy an even greater presence here with an aggressive investment strategy, putting domestic companies under growing pressure. According to a recent announcement made by AWS in Seoul, it plans to invest 7.85 trillion won ($5.88 billion) in Korea’s cloud...

Telsey Advisory Group reaffirmed their outperform rating on shares of Amazon.com (NASDAQ:AMZN) in a research note issued to investors on Wednesday morning, Benzinga reports. The brokerage currently has a $160.00 target price on the e-commerce giant’s stock. AMZN has been the subject of several other reports. Jefferies Financial Group increased their price objective on Amazon.com […]

Not satisfied with its dominant position in the Korean market, Amazon Web Services, the cloud business arm of US tech giant Amazon, appears to be attempting to occupy an even greater presence here with an aggressive investment strategy, putting domestic companies under growing pressure. According to a recent announcement made by AWS in Seoul, it plans to invest 7.85 trillion won ($5.88 billion) in Korea’s cloud...

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