Microsoft and Amazon could both come out on top now that Project JEDI is dead

15
2
Favorite

Microsoft and Amazon could both come out on top now that Project JEDI is dead

Yahoo Finance2021-07-07

Microsoft (MSFT) suffered a seemingly serious blow to its future earnings on Tuesday when the Department of Defense announced that it is killing off its controversial Joint Enterprise Defense ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment（2）

aprilialand
·2021-07-07
Great run by amazon yesterday... up and up
Reply
3
Report
Jetblackeyes
·2021-07-07
Pls like and comment @yvneyng
Reply
6
Report
Fold Replies
- Jetblackeyes:
  Ty
  2021-07-07
  Reply
  Report
- Jeanp14:
  Ok
  2021-07-07
  Reply
  Report
- Wandakdash:
  Naise
  2021-07-07
  Reply
  Report
View more 1 comments

Most Discussed

7x24

All

Terms and Conditions·Privacy Policy

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email：uservice@ttm.financial

{"i18n":{"language":"en_US"},"data":{"share":"https://ttm.financial/m/news/2149369252?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2021-07-07 14:35","share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","id":"2149369252","market":"us","top_or_hot":-1,"title":"Microsoft and Amazon could both come out on top now that Project JEDI is dead","media":"Yahoo Finance","content":"<div>\n<p>Microsoft (MSFT) suffered a seemingly serious blow to its future earnings on Tuesday when the Department of Defense announced that it is killing off its controversial Joint Enterprise Defense ...</p>\n\n<a href=\"https://finance.yahoo.com/news/microsoft-and-amazon-could-both-come-out-on-top-now-that-project-jedi-is-dead-194243402.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Microsoft and Amazon could both come out on top now that Project JEDI is dead</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMicrosoft and Amazon could both come out on top now that Project JEDI is dead\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-07 14:35 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/microsoft-and-amazon-could-both-come-out-on-top-now-that-project-jedi-is-dead-194243402.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Microsoft (MSFT) suffered a seemingly serious blow to its future earnings on Tuesday when the Department of Defense announced that it is killing off its controversial Joint Enterprise Defense ...</p>\n\n<a href=\"https://finance.yahoo.com/news/microsoft-and-amazon-could-both-come-out-on-top-now-that-project-jedi-is-dead-194243402.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"AMZN","symbol_name":"亚马逊","start_time":0,"source_url":"https://finance.yahoo.com/news/microsoft-and-amazon-could-both-come-out-on-top-now-that-project-jedi-is-dead-194243402.html","article_id":"2149369252","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2149369252","pubTimestamp":1625639710,"columns":[],"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"Microsoft (MSFT) suffered a seemingly serious blow to its future earnings on Tuesday when the Depart","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"AMZN":"亚马逊","QNETCN":"纳斯达克中美互联网老虎指数","MSFT":"微软","03086":"华夏纳指","09086":"华夏纳指-U"},"translate_title":"微软和亚马逊都有可能在绝地计划已经死了的情况下拔得头筹","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"03086":0.9,"09086":0.9,"AMZN":0.9,"MSFT":0.9,"QNETCN":0.9},"content_text":"Microsoft (MSFT) suffered a seemingly serious blow to its future earnings on Tuesday when the Department of Defense announced that it is killing off its controversial Joint Enterprise Defense Infrastructure, or JEDI, cloud-computing project. But it's not the end for Microsoft's connected defense ambitions.\nThe initiative was expected to drag the DoD’s computing platforms into the 21st century by consolidating them into a single entity. The idea was to ensure everyone from DoD employees in the U.S. to soldiers on the frontline could access and manipulate data and support innovations in artificial intelligence at the speed of modern enterprises.\nMicrosoft initially won the contract in 2019, giving its cloud platform, the second largest in the world, a massive win over market leader Amazon. But the deal was fraught with issues including accusations of interference by then-President Donald Trump — who expresses disdain for Amazon (AMZN) founder Jeff Bezos — and worries about a single company controlling the government’s entire cloud platform.\nIt’s not all doom and gloom for Microsoft, though. The company now has the option to bid on JEDI’s replacement, the Joint Warfighter Cloud Capability initiative, a multi-cloud project that could see Microsoft and Amazon win the contract together.\nA potential win for both Microsoft and Amazon\nIn a statement announcing the end of JEDI, the DoD more or less lays out that Microsoft and Amazon are still its top contenders for the JWCC contract.\n“The Joint Warfighter Cloud Capability (JWCC) will be a multi-cloud/multi-vendor Indefinite Delivery-Indefinite Quantity (IDIQ) contract,” the statement reads.\n“The Department intends to seek proposals from a limited number of sources, namely the Microsoft Corporation (Microsoft) and Amazon Web Services (AWS), as available market research indicates that these two vendors are the only Cloud Service Providers (CSPs) capable of meeting the Department’s requirements.”\nMicrosoft CEO Satya Nadella listens to a question at the annual Microsoft shareholders meeting Wednesday, Nov. 30, 2016, in Bellevue, Wash. (AP Photo/Elaine Thompson)ASSOCIATED PRESS\nThe fact that the initiative’s contract is listed for an indefinite delivery and indefinite quantity means that it could stretch beyond the $10 billion of JEDI, which would benefit the two tech giants.\nSo while Microsoft would certainly like to know it’s got a $10 billion contract with the DoD under its belt, the knowledge that it’s almost guaranteed to at least share the JWCC contract with Amazon should offer some relief.\nProject JEDI has been controversial for years\nProject JEDI was plagued with controversy since it was announced in 2018 — with cybersecurity experts like NYU Tandon School of Engineering professor Justin Cappos pointing to the dangers of the DoD relying on a single cloud vendor, a relative rarity even in the enterprise space.\nThe reason using a single vendor is so controversial? It’s simply safer to use multiple cloud vendors. Think of it this way: If a single cloud vendor is hit with a cyberattack and can’t provide the services the DoD needs, the Pentagon is out of luck. But its operations can continue if it can rely on a backup provider.\nIn fact, Microsoft’s then general manager of national security Leigh Madden said as much during a 2018 interview with TechCrunch, telling the publication, “it’s counter to what we are seeing across the globe where 80% of customers are adopting a multi-cloud solution.”\nMicrosoft didn’t even start work on the project\nThe DoD released its final request for proposal (RFP) for JEDI in July 2018, after receiving 1,500 comments and questions on previous RFPs.\nWhile Amazon was considered a shoo-in for the project because of its massive cloud business, it was not Microsoft’s only competition. Oracle (ORCL) and IBM (IBM), which are also players in the cloud market, were among a number of firms vying for JEDI's $10 billion contract.\nIn the end, though, Amazon and Microsoft, which have a slew of data centers stationed throughout the world, and a history of working with the government, came in as the two finalists, the Pentagon said in April.\nWhen Microsoft won the contract in 2019, Amazon filed suit alleging the Trump administration interfered with the award process. The thinking from Amazon was that Trump had a bone to pick with then-Amazon CEO Bezos, who owns the Washington Post — a paper that had scrutinized the Trump administration.\nAn investigation by the DoD’s Inspector General, however, found the Trump administration had not interfered with the process. Still, Amazon sought to fight the award to Microsoft, and won a restraining order blocking the Windows maker from beginning work on the project.\nAmazon’s legal fight picked up steam in April when Amazon beat out a motion to dismiss its case. That left the JEDI’s existence up in the air, raising questions about whether the DoD would continue to slog through court fight after court fight to maintain the project. And ultimately, the department decided the battle wasn’t worth its time.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":140156731,"gmtCreate":1625640599823,"gmtModify":1703745460854,"author":{"id":"3586853256703013","authorId":"3586853256703013","name":"aprilialand","avatar":"https://static.tigerbbs.com/ad4187787e31be179ad7d058aee6bd08","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3586853256703013","idStr":"3586853256703013"},"htmlText":"Great run by amazon yesterday... up and up&nbsp;","listText":"Great run by amazon yesterday... up and up&nbsp;","text":"Great run by amazon yesterday... up and up","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/140156731","repostId":2149369252,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":140150630,"gmtCreate":1625639867520,"gmtModify":1703745452744,"author":{"id":"3584322535335724","authorId":"3584322535335724","name":"Jetblackeyes","avatar":"https://static.tigerbbs.com/227c87d3e8eaa258f98f85885dd9173d","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3584322535335724","idStr":"3584322535335724"},"htmlText":"Pls like and comment <a href=\"https://laohu8.com/U/3585192718156791\">@yvneyng</a>","listText":"Pls like and comment <a href=\"https://laohu8.com/U/3585192718156791\">@yvneyng</a>","text":"Pls like and comment @yvneyng","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/140150630","repostId":2149369252,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5146814,"gmtCreate":1625639892861,"gmtModify":1663230643736,"authorId":3584322535335724,"author":{"id":3584322535335724,"idStr":"3584322535335724","authorId":3584322535335724,"name":"Jetblackeyes","avatar":"https://static.tigerbbs.com/227c87d3e8eaa258f98f85885dd9173d","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":140150630,"type":1,"supId":0,"prevId":0,"content":"Ty","text":"Ty","html":"Ty"},{"id":5146813,"gmtCreate":1625639882785,"gmtModify":1663230642343,"authorId":3581474862059346,"author":{"id":3581474862059346,"idStr":"3581474862059346","authorId":3581474862059346,"name":"Jeanp14","avatar":"https://static.tigerbbs.com/d00dab9c572cde422dc929a92e26b806","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":140150630,"type":1,"supId":0,"prevId":0,"content":"Ok","text":"Ok","html":"Ok"},{"id":5147000,"gmtCreate":1625642230473,"gmtModify":1663230641937,"authorId":3558569595001242,"author":{"id":3558569595001242,"idStr":"3558569595001242","authorId":3558569595001242,"name":"Wandakdash","avatar":"https://static.tigerbbs.com/211ec3a66712c46a80ca45e20dbbd8a4","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":140150630,"type":1,"supId":0,"prevId":0,"content":"Naise","text":"Naise","html":"Naise"},{"id":5147176,"gmtCreate":1625644479151,"gmtModify":1663230640335,"authorId":3585192718156791,"author":{"id":3585192718156791,"idStr":"3585192718156791","authorId":3585192718156791,"name":"yvneyng","avatar":"https://static.tigerbbs.com/76e9d3dda84e38df5f92fb2edf5f1be0","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":140150630,"type":1,"supId":0,"prevId":0,"content":"Ok","text":"Ok","html":"Ok"}],"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":15,"commentSize":2,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}