Google’s advertising market is under attack from Amazon, which also stands as an obstacle in the cloud and smart speaker markets.

Google Cloud plans to spend $3.3 billion more to expand its data center presence across Europe over the next two years, competing with Amazon and Microsoft.

At the close of the second quarter, Google (GOOGL) held 8.0% of the global cloud computing market. It trailed Microsoft (MSFT), which held 16%.

According to an analyst at Wedbush Securities, Alibaba is currently targeting a $100 billion cloud computing opportunity in China.

Given its positive estimate revision, Oracle (ORCL) is likely to report upbeat fiscal 2020 first-quarter earnings on September 12.

In the last four months, Google has hired two executives from German enterprise software company SAP for its cloud computing business.

The question of whether Google’s ad business violates EU privacy laws returned to headlines this week. Could Google be fined again?

Google plans to shut down its cloud-based job recruitment tool, Hire by Google, next fall. HR departments use this tool to simplify the employment process.

During the market’s recent volatile phase, tech stocks have lagged. Since July 26, the S&P 500 Index is down 3.8% and the Nasdaq Composite is down 4.2%.

In April, Google (GOOGL) unveiled Cloud for Retail, a package of cloud computing solutions specifically designed for retailers.