CMA must act now to fix Britain’s broken cloud market Opinion The CMA correctly diagnosed the UK cloud market as broken and dysfunctional, so why isn’t it changing anything, writes Lord Clement-Jones.
Meta, Apple, Microsoft, Tesla: Big Tech earnings set to test AI bets Tech This week marks one of the most consequential stretches of tech earnings season, with results due from Meta, Microsoft, Tesla and Apple, four giants that sit at the heart of both the market rally and the debate over whether Big Tech’s vast AI spending will ultimately pay off. It is the second-busiest week of the fourth-quarter earnings season, with 103 [...]
Apple and Amazon defy Wall Street gloom on iPhone and cloud sales Tech Tech behemoths Apple and Amazon have defied expectations with results that outshone Wall Street forecasts, rounding off a big week of earnings from the world’s most powerful firms. Both companies posted double-digit revenue growth and upbeat outlooks, calming investor nerves after a rocky few days for the wider tech sector. While Apple reported a surge [...]
Big Tech earnings: Investors reward AI returns, punish spending spree October 30, 2025 Wall Street was shaken up by Silicon Valley heavyweights overnight as a trio of Big Techs laid bare the cost of their AI strategies. Alphabet, Meta and Microsoft all reported earnings after the bell on Wednesday, offering investors a glimpse into the now trillion-dollar race to lead the AI boom. But, while Alphabet, Google’s parent [...]
AWS outage: Amazon says recovery is underway October 20, 2025 A swathe of apps and online services went down on Monday morning, including Zoom, Slack and Coinbase. This follows a global Amazon Web Services (AWS) outage, with knock on effects hitting millions of users of thousands of apps and websites. Amazon has said that services are “seeing significant signs of recovery”, with Lloyds Bank saying [...]
Big tech hits back as CMA flags ‘harmful” cloud dominance by Microsoft and AWS July 31, 2025 Big Tech companies have pushed back against a damning report from the UK’s competition watchdog, which warned that Microsoft and Amazon’s dominance in the £10.5bn cloud computing market is stifling competition and harming UK businesses. The Competition and Markets Authority (CMA) on Thursday published the final findings of its 21-month cloud investigation, concluding that Microsoft [...]
Microsoft offers ‘pay-as-you-go’ software concession to cloud rivals after bowing to pressure July 18, 2025 Microsoft will allow its cloud rivals to offer ‘pay-as-you-go’ software to their customers after bowing to pressure over its licensing practices. The US tech giant attracted criticism for the way it offered exclusive software deals to customers of its Azure cloud platform, which rivals said made it difficult for them to compete. But in a [...]