Amazon Web Services (AWS) took the hatchet to Amazon Simple Storage Service (S3) prices, cloud storage cutting the cost by as much as 13.5 percent. The price drop comes as Amazon S3 experiences ...

Amazon Web Services ... Now that cloud computing services have become commoditized, the most viable way to gain or regain market share is with more competitive (read "lower") pricing.

According to Amazon, the company's S3 cloud storage had 566 billion objects in S3 at the close of the third quarter of 2011. And Amazon Evangelist Jeff Barr was quick to point out that many of the ...