Google's Bigger, Cheaper Cloud - NYTimes.com

The collateral damage for other cloud competitors, as Amazon and Google relentlessly complete, is going to be significant

"At a Google event on Tuesday, Urs Hölzle, a Google senior vice president, said prices for Google Compute Engine, its cloud service for big workloads, would be cut 32 percent across the board. Prices for App Engine, its software application service, were simplified and fell about 30 percent. Data storage prices were cut 68 percent, in general, to 2.6 cents per gigabyte over various storage systems. BigQuery, a data analysis product, saw prices cut 85 percent."

Google's Bigger, Cheaper Cloud - NYTimes.com