Oracle Extends Cloud Offerings, Takes Aim at Amazon | Re/code

Check this Oracle press release for more details

"Oracle founder and Executive Chairman Larry Ellison said Monday his database company is expanding its cloud-computing offerings, bringing Oracle into more direct competition with Amazon.

“We’re prepared to compete with Amazon.com on price,” said Ellison in a webcast presentation, after announcing that Oracle would offer online storage and capability for customers to run their applications entirely in Oracle’s cloud."

Oracle Extends Cloud Offerings, Takes Aim at Amazon | Re/code