Google announces 10% price cut for all Compute Engine instances, Google Drive has passed 240M active users

At its Atmosphere Live event today, Google shared some important Google Cloud Platform news. The first comes in the form of a price cut for Google Compute Engine and the second is a milestone for Google Drive. Urs Holzle, Google SVP of Technical Infrastructure, announced a 10 percent price reduction for all Google Compute Engine instances types, across all regions. The new pricing structure, detailed below, is effective immediately: During the company’s Cloud Platform Live in March, executives declared that cloud computing should be priced in accordance with Moore’s Law. Google says it “set a new standard for economics in...

This story continues at The Next Web

The post Google announces 10% price cut for all Compute Engine instances, Google Drive has passed 240M active users appeared first on The Next Web.

from The Next Web http://ift.tt/1thFzdj

via IFTTT