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Tuesday, July 17, 2018

Walmart, Microsoft deepen their partnership to take on Amazon

@Walmart Inc. agreed to use @Microsoft Corp.’s cloud technology to power functions that could include algorithms for purchasing and sales-data sharing with vendors, the two companies said, deepening a partnership between two of @Amazon.com Inc.’s most powerful rivals. The five-year deal, to be announced Tuesday, pairs Amazon’s AMZN, +1.18% largest retail competitor with its closest challenger in cloud computing. Walmart WMT, +0.63% has warmed recently to working with technology companies, as it fends off Amazon’s retail ambitions and expertise in data.

https://www.marketwatch.com/story/walmart-microsoft-deepen-their-partnership-to-take-on-amazon-2018-07-17

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