There were many exciting news and events happening in the industry this week, and here we conclude the top 5 for you.

Irrespective to the simplicity of using cloud it’s pricing seems to be quite complicated by Amazon Web Services’ Reserved Instances. In their course to reduce costs the company seems to have convoluted their price plans because of which some of its customers are looking forward to something more simple and malleable. However, the changes made by AWS are not as extreme to make them change the cloud company totally.

Cosmos DB launched by Microsoft targets in making things easier for distributed application development with many other ways to lessen latency and five consistency models.

AT&T has almost spent $30 million in their Flint wireless and wired networks between 2014 and 2016.

Recently, the joint innovation lab was unveiled in Beijing, which was established by China Unicom Cloud Data Co., Limited and Intel together.

A new cryptocurrency by the name of Kin would be launched soon. Kik Interactive publicized about their plans on releasing this new cryptocurrency.

There were many exciting news and events happening in the industry this week, and here we conclude the top 5 for you.

The IoT( Internet of Things) is a real event. It is a real part of the cloud computing scenario. The key challenge faced by the users is the way of achieving data processing from the myriad of devices that are available. As per the predictions of Cisco Systems, the cloud traffic might observe a rise to nearly four-folds by the time of 2020. It is likely to increase at a rate of 3.9 ZB (zettabytes) per year. This figure might reach up to 14.1 ZB by the year 2020.

in Shanghai event 2017, Microsoft launched Surface Pro, HoloLens, Surface Studio AO, and Laptop come to China. Later of this year, Xbox Scorpio will land China as well. More importantly, Microsoft unveiled the first edition of Windows 10 for Chinese government.

Microsoft shows its ambition about DNA storage in a post in MIT Technology Review. To be specific, Microsoft intends to build a DNA storage system data center within the future 10 years.