GOOG: Google ups game in cloud-computing dogfight

Google ups game in cloud-computing dogfight • 4:18 AM

• Google (GOOG) has made its Compute Engine cloud service generally available as it moves to further compete with Amazon Web Services, (AMZN) Microsoft's (MSFT) Azure and IBM's (IBM) offering.
• Google has cut prices for its infrastructure-as-a-service offering by 10%, is providing access to larger and more complex computing, and it guarantees that critical projects will remain working 99.95% of the time.
• Photo-swapping service Snapchat is an early user of Compute Engine, processing 4,000 pictures a second on the Google's servers. (Blog)

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