News

Amazon’s cloud computing results fail to impress, shares drop in after-market trading

Though a small part of Amazon’s total revenue, AWS is a key driver of Amazon’s profits, typically accounting for about 60 per ...

The Cloud Computing Risk for the Economy That Many Don't See Coming

Cloud computing's reliance on AWS, Microsoft Azure, and Google Cloud creates hidden economic risks. Learn how market ...

Amazon cuts some jobs in cloud computing unit as layoffs continue

Amazon is laying off an unspecified number of employees in its cloud computing division, the company confirmed. The company has continued to lay off groups of employees this year after cutting more ...

How Amazon Ads became a $56 billion powerhouse and why it’s just getting started

This new business isn't just an additional revenue stream. It's a strategic opportunity, and it could significantly reshape ...

Dominance of Amazon and Microsoft in cloud harming competition, UK says

The dominant position of Amazon and Microsoft in cloud computing is harming competition, with their impact exacerbated by ...
EurekAlert!3d

Idaho National Laboratory accelerates nuclear energy projects with Amazon Web Services cloud and AI technologies

The Idaho National Laboratory (INL) and Amazon Web Services (AWS) will collaborate to use AWS’s advanced capabilities and cloud infrastructure to develop artificial intelligence (AI) tools for nuclear ...

Amazon shares fall on weak cloud growth while rivals Google, Microsoft thrive: ‘Very disappointing’

Amazon on Thursday forecast third-quarter sales above market estimates, but failed to live up to lofty expectations for its ...

Amazon slumps after cloud computing growth underwhelms investors

Amazon.com shares tumbled 8 per cent on Friday, as the tech giant's results fanned investor fears its cloud unit was falling ...