![]() ![]() The move will also help the company placate regulators who are starting to scrutinize its anticompetitive practices, said Galloway, a professor at New York University's Stern School of Business.Īfter the e-commerce giant spins it off, Amazon Web Services (AWS) "will be one of 10 most valuable companies in the world," he said. But the move could also help appease regulators looking to rein in the big tech companies, he said.Īmazon will spin off its cloud business in the near future, unlocking tens of millions - perhaps even hundreds of millions - of dollars in value, marketing guru Scott Galloway said Monday at Business Insider's IGNITION conference.By doing so, Amazon will unlock at least $70 billion in shareholder value, he said. ![]() Amazon will split off Amazon Web Services as a separate company, marketing professor Scott Galloway said at Business Insider's IGNITION conference on Monday.Account icon An icon in the shape of a person's head and shoulders. ![]()
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