EU’s Vestager says no antitrust concerns yet about cloud computing

Cloud computing, in which Amazon (AMZN.O) and Microsoft (MSFT.O) are the biggest players followed by Alphabet’s (GOOGL.O) Google, doesn’t pose competition concerns yet because of Europe’s Gaia-X initiative, EU antitrust chief Margrethe Vestager said on Monday.
France’s OVHcloud picks up speed in Q1, on track for 2022 targets

French cloud computing company OVHcloud (OVH.PA) reported on Wednesday a rise of 13.9% in its first-quarter revenue, and said it was on track to achieve its full-year objectives.