QUICK HIT: Google Cloud Now Standard & Premium

Google is making a move that may threat Amazon's stranglehold on the cloud.

The company indicated that would introduced a new "standard" tier for the Google Cloud offering that will send data on networks outside of the Google infrastructure.

When business customers use Google Cloud, their software uses the same exact servers s Google itself and travels across its privately-owned networks.

The current option becomes the premium tier although the price won't change, but there will be a less expensive option now.

Google was quick to note that the new standard tier does not offer bad performance per se, but for those that aren't right next door to one of Google's data center or those who are running an application that is not critical this offering will prove attractive.