Amazon.com Inc. is a company that is accustomed to winning, but the $869 billion e-commerce giant has spent the last few weeks suffering through humbling defeats. On Oct. 25, the Pentagon announced it was awarding a $10 billion cloud computing contract to Microsoft Corp. Amazon had been seen as such a prohibitive favorite for the contract, called JEDI, that the Department of Defense was actually facing a lawsuit for setting up a process that only the company could win. Then Amazon’s preferred candidates failed to capture control of the Seattle City Council in local elections less than two weeks later, even after the ...
Learn more about Bloomberg Tax or Log In to keep reading:
See Breaking News in Context
From research to software to news, find what you need to stay ahead.
Already a subscriber?
Log in to keep reading or access research tools and resources.