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Departing Amazon cloud chief Adam Selipsky will walk away from millions in compensation
His remaining restricted stock units, valued in the tens of millions, would have taken several more years to fully vest......»»
Amazon To Invest $9B In Singapore Cloud Infrastructure, Doubling Its Current Investment
Amazon.com has announced a $9 billion investment in expanding its cloud computing infrastructure in Singapore. This decision comes as part of a broader trend of global tech companies increasing their presence in Southeast Asia. read more.....»»
Amazon"s cloud division has its most profitable quarter ever
The Seattle-based tech giant reported its first quarter earnings on Tuesday, beating Wall Street estimates nearly across the board......»»
Is Amazon Stock Worth Buying Ahead of Q1 Earnings?
Amazon (NASDAQ: AMZN) is scheduled to report first-quarter 2024 results on Apr 30. The company has been rising on its dominant position in the online retail and cloud computing markets. It has been benefiting from the solid momentum across Prime and Am.....»»
Amazon to Open More Cloud Centers in Southeast Asia for Better Data Protection
Amazon plans to establish cloud regions in Southeast Asia to meet customer demands for local data storage, investing $6 billion in Malaysia by 2037. read more.....»»
Google fires 28 employees who protested Israel cloud contract
The protests, organized by the No Tech for Apartheid campaign, raised concerns about Google and Amazon's $1.2 billion contra.....»»
The Pentagon may axe its $10 billion JEDI cloud-computing contract with Microsoft because of endless litigation from Amazon, a report says
Microsoft won the $10 billion JEDI contract in 2019 to store and manage sensitive military and defense data. Amazon has objected .....»»
Court Battle With Amazon May Force Pentagon To Scrap "JEDI" Cloud-Computing Program
Court Battle With Amazon May Force Pentagon To Scrap 'JEDI' Cloud-Computing Program Has Jeff Bezos overpowered the Pentagon with legal firepower? Amazon's leg.....»»
Prime Day is coming, use of the cloud is soaring and other factors driving Amazon’s surge
Amazon reported first-quarter profit of $8.1 billion, compared to $2.5 billion the year before. Revenue jumped 44% to $108.5 billion, and Amazon said revenue will remain at that level in the second quarter, in part b.....»»
Amazon sales top $108B as Bezos touts Prime and cloud growth
Amazon's sales soared as CEO Jeff Bezos prepares to step aside for his successor Andy Jassy......»»
Amazon trumpets streaming prowess alongside record first-quarter profits
The company reported net sales that were up 44% year over year. Amazon Web Services, its cloud business, also saw significant growth......»»
Amazon sets new sales record as Bezos touts Prime and cloud growth
The majority of those sales came from the North America segment, which reported total revenue of $63.4 billion, up from $46.1 billion a year ago, and operating i.....»»
Court rejects motion to dismiss JEDI allegations, allowing Amazon to argue for depositions
Microsoft and the Defense Department had asked the court to dismiss allegations that President Donald Trump improperly interfered in the Joint Enterprise Defense Infrastructure contract, a $10 billion military cloud project......»»
Court rejects motion to dismiss JEDI allegations, allowing Amazon to seek depositions
Microsoft and the Defense Department had asked the court to dismiss allegations that President Donald Trump improperly interfered in the Joint Enterprise Defense Infrastructure contract, a $10 billion military cloud project......»»
Cloud, Retail Sales In Focus as Amazon Earnings Near, But Regulatory Concerns Also Loom
At this point, it’s hard to build up much suspense for Amazon’s (NASDAQ: AMZN) earnings. That&rsq.....»»
Amazon to prioritize women- and minority-owned retailers at HQ2
Amazon.com Inc. plans to prioritize leasing retail space at its D.C.-area offices to businesses owned by people from historically underrepresented groups, an official with the e-commerce and cloud computing giant said recently. “We're still in the.....»»
Dish stock rallies after 5G deal with Amazon"s AWS
Amazon.com Inc. and Dish Network Corp. struck a deal that will make Amazon's AWS Dish's preferred cloud provider. Dish plans to build its 5G network on AWS through t.....»»
Amazon names former exec Adam Selipsky as new AWS head
Amazon.com Inc. on Tuesday named Adam Selipsky as the next chief executive of its powerhouse AWS cloud division. Selipsk.....»»
Amazon names Adam Selipsky the incoming CEO of its $40 billion cloud business
Amazon named Adam Selipsky, a former executive and CEO of Tableau Software, as the incoming head of its cloud business. Adam Selipsky is the incoming CEO o.....»»