AWS global cloud infrastructure will supplement the social media company’s own computing capacity.
Bloomberg | Dec 15, 2020
Matt Day and Kurt Wagner (Bloomberg) Twitter Inc. will use Amazon Web Services to help power its endless stream of posts, deepening the ties between the social media and cloud-computing companies.
Twitter has long relied on its own data centers to store and show text, photos and videos. Under a multiyear deal announced on Tuesday, Twitter will use the Amazon.com Inc. unit to provide “global cloud infrastructure to deliver Twitter timelines,” supplementing the social media company’s own computing capacity. The companies didn’t disclose financial terms of the deal.
Andrew Harnik/AP
Facebook was slammed with two antitrust lawsuits this week one from the FTC and one from a group of 48 attorneys general that take aim at the company s practices of stifling market competition.
They also seek to force Facebook s spin-off of WhatsApp and Instagram, but experts told Business Insider that that s unlikely to happen, and the suits will likely stretch out for years.
What the lawsuits really represent, experts said, is an indication that the government will no longer look the other way when it comes to how Facebook operates. Every acquisition they try to make from here on will be met with such a level of inspection and skepticism associated with it, one expert told Business Insider.
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Experts say the antitrust suits against Facebook may not change anything, but they re still a big deal and signal that the US government will no longer look the other way
Experts say the antitrust suits against Facebook may not change anything, but they re still a big deal and signal that the US government will no longer look the other way
Katie CanalesDec 13, 2020, 03:29 IST
Facebook CEO Mark Zuckerberg in Washington DC on Oct. 23, 2019.Andrew Harnik/AP
Facebook was slammed with two
antitrust lawsuits this week one from the
FTC and one from a group of 48 attorneys general that take aim at the company s practices of stifling market competition.
A breakup would demolish Mark Zuckerberg s social media empire techcentral.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from techcentral.co.za Daily Mail and Mail on Sunday newspapers.