A $1 billion investment in the cloud sounds like a game-changer, but it's not
China's Alibaba Group Holding last week said it would invest $1 billion
into its Aliyun cloud computing arm to challenge Amazon Web Services.
This move kicks off what could become a global battle between the two
e-commerce giants. Also, it could change the dynamics in the cloud
market now dominated by AWS, Google, IBM, and Microsoft.
