Amazon Web Services (AWS) will soon be raising its prices to better compete against its rivals Microsoft and Google in the public cloud market. The company announced on Monday that as of October 2, it will begin charging customers by the second to use its EC2 virtual slices in its data centers. This is a big change in AWS' pricing model, as it has charged by the hour since its release in 2006. A year after Alphabet's Google entered the public cloud market, it announced that it would begin to charge customers by the minute with a 10-minute minimum. Microsoft's Azure also adopted a similar pricing… [Continue Reading]
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