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2 mins read

AWS is negotiating a huge deal to supply IBM with Nvidia GPUs via the cloud

The talks highlight continued demand for Nvidia GPUs. A deal like this would also provide a boost f…

Eugene Kim   


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Over 90% of AWS's biggest data center customers are now using its homegrown Graviton chips, executive says

AWS's Graviton chips, launched in 2018, are used by over 90% of its 1,000 largest customers, highli…

Eugene Kim   


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5 mins read

Tesla's awful 2024 is getting much worse

Fears of layoffs at Tesla had been building along with Wall Street's growing concerns.

Dan DeFrancesco   


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3 mins read

Driving Value Through Unification of Digital Space & Operations- Srinivasan KA

The shift from cable platforms to streaming is widely evident. And this shift is not just a passing…

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6 mins read

Employee burnout at AWS is reminiscent of another top firm's push to get bigger

AWS employees are struggling with "AI fatigue" and sales challenges as the world's top cloud provid…

Dan DeFrancesco   


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1 min read

Amazon Web Services reports 39% increase in revenue in Q3

AWS generated $4.88 billion in operating income in the July-September period. "AWS has seen a…

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Amazon posts USD 3.2-bn profit as it goes through multiple layoffs

The e-commerce giant on Thursday reported a profit of USD 3.2 billion for the first quarter, far ex…

ANI   


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Amazon Web Services revenue grows 37%, hits $59 billion annual run rate

Amazon Web Services (AWS) is now a $59 billion annualised run rate business, up from $43 billion at…

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1 min read

Amazon stock sinks after its warning on AWS growth erases a post-earnings rally

Amazon shares fell Friday after executives issued a gloomy forecast about growth in its cloud divis…

George Glover   


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3 mins read

Billionaire investor Dan Loeb says there's an epic $1 trillion opportunity in Amazon that the market is failing to see

In a private call with Third Point investors, Loeb put AWS' enterprise value above $1.5 trillion an…

Shalini Nagarajan   


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1 min read

Amazon's AWS just notched its slowest growth in years. It expects customers to tighten their belts even more.

Amazon execs say the slowdown is due to customers slowing their own spending as they look to reduce…

Paayal Zaveri   


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3 mins read

Amazon and Meta's 48,000 job cuts usher in Big Tech's new mantra: Revenue per employee

Amazon CEO Andy Jassy is preparing the company to be leaner, but a new push for efficiency risks sq…

Hasan Chowdhury   


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2 mins read

Why everything from Netflix to Nintendo goes offline when Amazon's servers have issues

When Amazon's web hosting servers had issues on Tuesday, it caused dozens of major services to go d…

Ben Gilbert   


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1 min read

Larry Ellison boasted that Oracle's cloud 'never, ever goes down' days after Amazon's crippling AWS outage

A "large telecommunications company" that uses Oracle, Google, Amazon, and Microsoft said Oracle "n…

Allana Akhtar   


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4 mins read

Amazon outage causes seven hour disruption at crypto exchanges, raises questions on 'decentralisation'

Cloud service Amazon Web Services (AWS), which runs around one-third of the internet, saw a massive…

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4 mins read

How Google Cloud CEO Thomas Kurian is shaking up the company and its strategy to overtake Amazon and Microsoft in the cloud wars

Google Cloud is shaking up its business with new products and leadership in a bid to catch rivals A…

Rosalie Chan   


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3 mins read

UK’s 4-day work week trials show massive gain in revenue, employee satisfaction and many climate benefits

4-Day Week Global, a New Zealand-based group advocating for a four-day work week instead of five, h…

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5 mins read

An army of Amazon delivery services are joining forces, and UPS and FedEx should take notice

More than 100 Amazon delivery companies banded together to compete with delivery giants UPS and Fed…

Matt Turner,Phil Rosen