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Is Microsoft Corp. raining on Amazon.com Inc.’s parade in cloud computing?
That’s a key question coming out of Amazon’s AMZN late Thursday earnings report, as the technology giant’s chief financial officer warned that April growth rates for the AWS cloud-computing unit were running 500 basis points lower than what was seen in the first quarter, which brought a slowdown of its own. It seemed a more severe message than what Microsoft Corp. MSFT executives struck earlier in the week.
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