Amazon

Amazon Buys Remaining Stakes in LoveFilm

Submitted by Jennifer L. Schenker on January 27, 2011

Online retailng giant Amazon announced January 20 that it will take full control of UK  DVD rental and online video company LoveFilm for an undisclosed sum. Amazon already owned 42% of the company.

The British press described the move as a defensive ploy against a planned international expansion by US video-streaming giant Netflix.

Cloud Computing With Borders May Be On Horizon in Europe

Submitted by Jennifer L. Schenker on May 18, 2010

A proposal to build a national federation of interconnected computing clouds in France, funded in part by government in order to protect the country's sovereignty, data privacy and local jobs, is gaining favor. Some fear that the idea, which is in part a backlash against American companies like Google, will spread to other parts of the Continent, potentially undermining the promised benefits to Europeans of  cloud computing.Read more

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