Tags: Amazon
Microsoft reduces prices of storage services to compete with Amazon
Microsoft is not going to permit itself to be counted out of the cloud game and has taken on Amazon by reducing the prices of its cloud storage services, VentureBeat reported.
Amazon mulls offering online pay-TV service- WSJ
Amazon is thinking of launching an online pay-TV service and has already approached various media companies about obtaining a license to distribute their TV channels, according to a report in The Wall Street Journal citing sources.
Colombia's Grupo Energy picks up $650M stake in Peru gas pipeline
Colombia-based firm Grupo Energia de Bogota inked a deal valued at $650 million to acquire a 23.61% stake in Peru-based gas pipeline operator Transportadora de Gas del Peru.
Groupon grabs New York flash fashion site Ideeli in $43M cash deal
Chicago-based daily deals firm Groupon purchased New York-based flash fashion site Ideeli in a deal valued at $43 million in cash in a bid to compete with Amazon and other retail businesses.