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There is new hassle brewing in the cloud.
Final week, both of those
Microsoft
and
Amazon
bought off immediately after reporting moderating expansion from their market place-leading public cloud businesses—Azure and Amazon Net Solutions. But a new batch of earnings reviews suggests that the threats of an economic slowdown are hitting a broader circle of company software package firms. Alas, the selloff in cloud software that commenced a calendar year ago may possibly not be concluded.
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