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Today’s Storystream

This November, Radix will transfer around 10 million domains across 11 TLDs—including .online, .store, and .tech—from Team Internet to Tucows Registry. The move, one of the largest in recent years, will push Tucows’ total to 17 million domains. While end users may see no changes, the shift underscores how back-end partnerships have become strategic levers in the competitive domain market.

The U.S. General Services Administration signed a $1 billion agreement with AWS, giving federal agencies cloud credits through 2028. The deal, part of the OneGov strategy, aims to shift aging government systems to cloud-based infrastructure and AI tools. By centralizing procurement, agencies gain faster access to AWS services, training, and modernization support—amid growing scrutiny over federal tech sourcing.

Enterprises are moving fast toward SaaS and cloud-native security as AI threats intensify and hybrid work persists. Dell’Oro Group forecasts the global network security market will hit $38 billion by 2029. Firewalls and Security Service Edge (SSE) will drive most of the growth. Meanwhile, software is overtaking hardware, and traditional Secure Web Gateway appliances are falling out of favor.

Amazon has begun cutting hundreds of roles in its AWS division, aligning with CEO Andy Jassy’s warning that AI adoption would shrink corporate headcounts. Despite a 17% revenue surge, affected employees received abrupt termination notices. The layoffs mirror broader industry shifts as Microsoft, Meta, and CrowdStrike also downsize. As generative AI scales, traditional tech jobs—once stable—now face accelerating displacement.

In a move that underscores the shifting alliances in AI, AWS has added OpenAI’s open-weight models—gpt-oss-120b and gpt-oss-20b—to Amazon Bedrock and SageMaker. Though AWS has closely backed Anthropic, the addition signals a more open strategy amid investor concerns over AWS’s AI momentum. With Microsoft no longer holding exclusivity, OpenAI’s reach expands, even as AWS works to reclaim pace in the generative AI race.

Cloud Software Group has agreed to acquire Arctera, the current steward of Backup Exec and InfoScale, in a move echoing CEO Tom Krause’s past consolidation-heavy playbook. Arctera, spun off from Veritas last year, will join CSG as a standalone unit. While framed as a growth strategy, the acquisition raises familiar questions about future pricing, product focus, and support for SMBs already reliant on these long-standing data management tools.