• Latest
  • Trending
  • All
  • Egypt
  • Business
  • Local
  • World
Google offered 470m euros to derail Microsoft antitrust pact

Google offered 470m euros to derail Microsoft antitrust pact

July 19, 2024
I will be at Ferrari next season ‘so get used to it’ – Hamilton

I will be at Ferrari next season ‘so get used to it’ – Hamilton

May 21, 2026
Trump pressures US Supreme Court to rule for him on citizenship

Trump pressures US Supreme Court to rule for him on citizenship

May 21, 2026
Protests planned at new consulate after Trump envoy pushes US footprint on Greenland

Protests planned at new consulate after Trump envoy pushes US footprint on Greenland

May 21, 2026

SCA to carry out dredging works in Egyptian lakes

May 21, 2026
Trump demands Iran’s uranium, no tolls on Hormuz ships

Trump demands Iran’s uranium, no tolls on Hormuz ships

May 21, 2026
Peace envoy warns UN Gaza split may become permanent

Peace envoy warns UN Gaza split may become permanent

May 21, 2026
Deputy Prime Minister for Economic Affairs Hussein Eissa

Strong bid to boost Egypt’s fertiliser industry

May 21, 2026
education

The school transformation Egypt managed to build

May 21, 2026
CBE

CBE keeps key interest rates unchanged

May 21, 2026
SCA

SCA to carry out dredging works in Egyptian lakes

May 21, 2026
  • Advertise
  • Privacy & Policy
  • Contact
Friday, May 22, 2026
  • Login

Editor-in-Chief

Mohamed Fahmy

Board Chairman

Tarek Lotfy

Egyptian Gazette
No Result
View All Result
  • HOME
  • EGYPT
    • Local
    • Features
  • World
    • National Day
  • Technology
  • BUSINESS
    • Real Estate
    • Automotive
  • SPORTS
  • ENTERTAINMENT
    • Arts
    • Health
    • Lifestyle
    • Travel
  • Skyward
    • Snippets from EgyptAir history
  • MORE
    • Multimedia
      • Video
      • Podcast
      • Gallery
    • OP-ED
  • HOME
  • EGYPT
    • Local
    • Features
  • World
    • National Day
  • Technology
  • BUSINESS
    • Real Estate
    • Automotive
  • SPORTS
  • ENTERTAINMENT
    • Arts
    • Health
    • Lifestyle
    • Travel
  • Skyward
    • Snippets from EgyptAir history
  • MORE
    • Multimedia
      • Video
      • Podcast
      • Gallery
    • OP-ED
No Result
View All Result
Egyptian Gazette
No Result
View All Result
Home Technology

Google offered 470m euros to derail Microsoft antitrust pact

by News Wires
July 19, 2024
in Technology
Google offered 470m euros to derail Microsoft antitrust pact 11 - Egyptian Gazette
Share on FacebookWhatsapp

LONDON — Google offered a group of cloud companies based in the European Union (EU) a package worth about 470 million euros ($688.5 million), in a failed attempt to derail their antitrust settlement with Microsoft.

The settlement freed the US software giant from a potentially costly EU case.

Cloud Infrastructure Services Providers in Europe (CISPE) last week ditched a complaint at the EU’s antitrust arm over Microsoft’s software licencing processes, after brokering a deal to get fairer access to the US firm’s technologies.

CISPE had previously argued that Microsoft made it too difficult for customers to change cloud providers by tying its business software to its Azure cloud services.

However, just days before the agreement was announced, Alphabet unit Google made a counteroffer designed to convince CISPE to maintain their EU complaint, as shown by confidential documents seen by Bloomberg and people familiar with the matter, who spoke on condition of anonymity.

The package totalled approximately 455 million euros worth of software licences for Google’s cloud technology over five years as well as 14 million euros in cash.

“Amazon Web Services is a founding member of CISPE and has regularly made voluntary contributions to CISPE,” AWS said. “Enterprises across every major industry have long supported trade associations in similar ways.”

While Google has long trailed Amazon.com Inc and Microsoft in the cloud market, it’s begun to see impressive results.

After breaking even for the first time last year, Google’s cloud operation posted first-quarter profit of $900 million – well ahead of analysts’ projections of $672.4 million.

Google’s cloud unit is viewed as one of the firm’s best bets for growth as its core search advertising business matures.

Tags: European UnionGoogletechnology

Discussion about this post

ADVERTISEMENT
egyptian-gazette-logo

The Egyptian Gazette is the oldest English-language daily newspaper in the Middle East.
It was first published on January 26, 1880 and it is part of El Tahrir Printing and Publishing House.

Follow Us

Gazette Notifications

Would you like to receive notifications on our latest news ?

  • Advertise
  • Privacy & Policy
  • Contact

Copyrights for © Egyptian Gazette - Administered by Digital Transformation Management.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • HOME
  • EGYPT
    • Local
    • Features
  • World
    • National Day
  • Technology
  • BUSINESS
    • Real Estate
    • Automotive
  • SPORTS
  • ENTERTAINMENT
    • Arts
    • Health
    • Lifestyle
    • Travel
  • Skyward
    • Snippets from EgyptAir history
  • MORE
    • Multimedia
      • Video
      • Podcast
      • Gallery
    • OP-ED

Copyrights for © Egyptian Gazette - Administered by Digital Transformation Management.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.