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public cloud News

Amazon selling China cloud business for $300 million

Amazon has announced it's selling its cloud computing business in China to the service's local partner. It comes as China seeks to tighten Internet regulations and make it more difficult for foreign tech firms to operate within its borders.

Public cloud revenue to reach $260bn this year due to SaaS demand

The public cloud services market is expected to grow by 18.5% during 2017 to a total of $260bn. Market analysts Gartner said the increase is being led by "faster than expected" growth in SaaS and IaaS products, supplemented by growing confidence in PaaS.

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