Amazon said on Tuesday that Lyft is going 'all-in' with AWS, and an analyst raised concerns that Lyft is migrating away from MongoDB.
MongoDB shares plummeted as much as 11 percent on concern that ride-hailing service Lyft is shifting business to a rival cloud database service run by Amazon Web Services. AWS said on Tuesday that Lyft is going"all-in" with its public cloud, a phrase Amazon typically uses when a company decides to pull over the vast majority of its technology infrastructure.
In Amazon's statement on Tuesday, the company didn't say anything about Lyft moving to DocumentDB, but referenced other AWS services the company will be using. Eberle wrote that DocumentDB still lacks"competitive functionality," but he highlighted other reasons to be concerned about MongoDB. Eberle sees a broader migration away from MongoDB and expects"the new database world will remain highly fragmented.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
Lyft Is Planning to List Shares on NasdaqRide-hailing company Lyft is planning to list shares on the Nasdaq and is expected to make its IPO filing public as early as next week
Les mer »
Uber vs. Lyft IPO: The Race to Go PublicUber and Lyft are both revving up for two of the most anticipated IPOs of 2019. In three rounds, we look at which company will be a better bet for investors.
Les mer »
Opinion | Lyft and the LeftOpinion: The ride-sharing firm Lyft wants the feds to protect its business model
Les mer »