(Bloomberg View) -- We’re in an unusual period of détente in technology giants’ spending wars. Just don’t expect the calm to last.
Google, Microsoft, Amazon -- three of the world’s biggest operators of Internet technologies -- collectively ring up more than $20 billion each year on capital expenditures, including costs for building data centers and buying computer equipment to keep their global Web services running. After a couple of years of rapid increases in those capital expenditures, the bills are looking less striking.
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