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Google Cuts Prices on Cloud Services, Challenging Amazon

Google Inc. cut prices on some Internet-based services for businesses by 30 percent or more, stepping up a challenge to Inc. and Microsoft Corp. in cloud computing.

The services let customers use computer power or storage space on machines in Google’s own data centers. The company is reducing the price of its key computing-capacity product by 32 percent, Senior Vice President Urs Holzle said today at an event in San Francisco. Google also is lowering the price of storage by about 68 percent for most users, and by 85 percent for its BigQuery data-analysis service.