Amazon’s next billion-dollar business eyed

Amazon.com Inc’s cloud computing unit may be its next billion-dollar business and analysts will be watching for clues on how fast this secretive unit is growing when the Internet retailer reports results next week. Amazon Web Services started small in 2006 by selling computing power and data storage to emerging technology companies, blogs and websites. Now the unit, known as AWS, counts NASA, the US Department of State, Siemens, Pfizer and Nasdaq as customers. Continue reading Amazon’s next billion-dollar business eyed

Latest trends in web hosting

Are you planning to put up your own website? Setting up a website offers a lot of advantages to both individual and business entities. Many business owners will certainly benefit from putting up their company’s own website. This will allow them to present to a wider clientele what their businesses have to offer. With the increasing popularity of online shopping it is undeniable that millions of businesses worldwide are taking the opportunity to advertise and sell their products through the internet using exciting website marketing strategies.

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GoDaddy sold for USD 2.25 billion

GoDaddy, the internet domain web site famous for its provocative Super Bowl commercials, has been sold to KKR & Co. and two other firms for $2.25 billion, people familiar said, according to reports. In a released statement, CEO Bob Parsons said the deal with KKR, Silver Lake and Technology Crossover Ventures was a possibility he had been looking forward to.

“I’ve always said we would make a move like this when the right deal with the right partners could help us do the right thing for our customers and our employees,” he said.

He said he was partnering with the firms because “of their technology expertise, their understanding of Web based businesses and because their values align with ours.

“We believe, together, we will take the company to the next level, especially when it comes to accelerating international growth,” Parsons said.

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