Tencent targets Alibaba, seeds data cloud with £1 BEELLLION

Chinese tech giants strap on the boxing gloves

Chinese megacorp Tencent is to pump $1.57bn (£1bn) into cloud computing tech over the next five years, in a bid to catch up with rival Alibaba.…

via The Register - Data Centre: Cloud
http://ift.tt/1UWbSSL