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Analysts expected oil to surge above $200 but China has quietly kept prices half of that—and can’t for much longer

2

Pentagon accuses Alibaba, Baidu and BYD, three of China's biggest companies, of supporting the Chinese military

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Marc Lore’s robots make 500 burrito bowls an hour. A human can make 45
TechPointCloud

GoDaddy, the Power Behind a Zillion Websites, Launches Amazon-Style Cloud

Barb Darrow
By
Barb Darrow
Barb Darrow
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Barb Darrow
By
Barb Darrow
Barb Darrow
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March 21, 2016, 12:43 PM ET
GoDaddy CEO Blake Irving takes "selfie" photo with a customer before they ring the opening bell to celebrate his web hosting company GoDaddy's IPO on the floor of the New York Stock Exchange
GoDaddy Chief Executive Officer Blake Irving takes a "selfie" photo with a customer before they ring the opening bell to celebrate his web hosting company GoDaddy's IPO on the floor of the New York Stock Exchange April 1, 2015. GoDaddy Inc's shares rose as much as 34 percent in their debut on Wednesday, valuing the Web hosting and domain registration company at up to $5.48 billion, including debt. REUTERS/Brendan McDermid - RTR4VRXSPhotograph by Brendan McDermid — Reuters

GoDaddy, a familiar name to NASCAR (or Danica Patrick) fans and small businesses that use its web hosting capabilities, now has Amazon-like cloud services to sell or rent to customers.

Public cloud is the model in which a single provider—Amazon, Google, Microsoft, now GoDaddy—pools a ton of servers, storage and networking and rents it out to customers who don’t want to build more of their own data center capacity.

GoDaddy’s public cloud services are based on open-source OpenStack software. They have been available in early test form to a limited set of users since October but are making their broad debut Monday.

Many small and medium-sized companies already know GoDaddy (GDDY) for its hosting services and as an easy way to register and maintain their Internet domain names. Those existing services will now be integrated with the GoDaddy cloud—which gives the Scottsdale, Ariz.-based company a healthy on-ramp.

GoDaddy: From Internet Bad Boy to IPO

GoDaddy, which went public last year and toned down its image as part of that process, said it will offer automatic back up for customer user data and configurations and guarantee 99.9% uptime. To make sure there’s an array of applications that are easy to launch, GoDaddy partnered with Bitnami, a company that packages up popular applications so they can be installed and deployed easily.

Get Data Sheet, Fortune’s daily technology newsletter.

As companies decide to put more of their applications and data in shared, flexible cloud infrastructure, the beneficiaries will also include public cloud pioneer Amazon (AMZN) Web Services, Microsoft (MSFT) Azure, Google (GOOG) Compute Platform, and Digital Ocean.

Note: This story was updated at 1:06 p.m. EDT with a description of public cloud computing.

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