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Pentagon’s $10 billion cloud deal latest Trump move reversed by Biden

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By Diane Bartz and David Shepardson WASHINGTON (Reuters) -The U.S. Defense Department canceled its $10 billion JEDI cloud-computing project on Tuesday, reversing the Trump-era award to Microsoft Corp and announcing a new contract expected to include its big tech rival The contract awarded by the Pentagon in late 2019 has been on hold after Amazon filed a lawsuit challenging the decision under then-President Donald Trump. Trump publicly derided then-Amazon CEO Jeff Bezos and repeatedly criticized the company. Amazon shares closed Tuesday at a record price, up 4.7%, to $3,675.74 as i…

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