Re:Pentagon Scraps $10B Cloud Deal Award to Microsoft
by Tipewryter on Tuesday July 06, 2021 @12:55PM
(#27751175)
Hmm.. No impact on the Microsoft stock price?
[ Parent
| on HN ]
Re:Pentagon Scraps $10B Cloud Deal Award to Microsoft
by panzagl on Tuesday July 06, 2021 @01:14PM
(#27751463)
The contract was already under protest, this decision just means another piggy will get to belly up to the trough. The main value of the JEDI contract was the validation of MS as a cloud provider- contrast that with Oracle, who was dismissed as an over-expensive joke.
Re:Pentagon Scraps $10B Cloud Deal Award to Microsoft
by jedberg on Tuesday July 06, 2021 @12:59PM
(#27751239)
There was a spike in trading and it dropped .4% on the news, but is already coming back up.
Re:Pentagon Scraps $10B Cloud Deal Award to Microsoft
by adolph on Tuesday July 06, 2021 @01:05PM
(#27751319)
Already priced in probably:
The future of the JEDI cloud program was thrown into doubt earlier this year when Pentagon officials said they may scrap the contract if the U.S. Court of Federal Claims declined to dismiss Amazon’s claims that political interference from former President Donald Trump cost the company the lucrative cloud deal. In April, Judge Patricia Campbell-Smith rejected requests by the government and Microsoft to dismiss part of Amazon’s lawsuit, allowing the litigation to continue.