Your daily selection of the hottest trending tech news!
According to The Information (This article and its images were originally posted on The Information September 1, 2018 at 08:40PM.)
China’s internet giant Alibaba is putting on hold its plans to expand its cloud business in the U.S., people familiar with the matter said, after its initial efforts to take on Amazon Web Services and other big players didn’t live up to its expectations. The company also feared that an aggressive strategy would provoke a backlash in Washington at a time of heightened regulatory scrutiny of Chinese businesses in the U.S.
- Got any news, tips or want to contact us directly? Feel free to email us: firstname.lastname@example.org.
To see more posts like these; please subscribe to our newsletter. By entering a valid email, you’ll receive top trending reports delivered to your inbox.