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Amazon May Contest Microsoft's Controversial $10 Billion Pentagon Contract

Oct.28 -- Microsoft Corp. shares rose to an intraday record after the company scored a major victory in securing a milestone, $10 billion Pentagon contract for cloud computing services. Amazon.com Inc. is considering a challenge to the award of the contract to Microsoft’s much smaller Azure business, citing President Donald Trump’s interference in the bidding process, according to a person familiar with the matter. Bloomberg's Naomi Nix has more on "Balance of Power."