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Associated Press Amazon Web Services surpassed $10 billion in net sales for the first time ever this past quarter. AWS generated $.....»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Shares of Amazon.com Inc. rallied 5.0% in midday trading Monday, after the e-commerce and cloud giant said it was hiring 75,000 more employees, in addition to the 100,000 it already hired, to help meet increased demand. The stock was now just 1.2% b.....»»

Shares of Amazon.com Inc. rallied jumped 3.6% in morning trading Monday, after the e-commerce and cloud giant said it was hiring 75,000 more employees, in addition to the 100,000 it alread.....»»

Associated Press The coronavirus pandemic has led to fears of a recession, in turn causing Silicon Valley VCs pull back on making big deals, even as tech startups begin to lay off employees as revenue dries up. Still, some in te.....»»

Amazon.com Inc is postponing its major summer shopping event, Prime Day, until at least August and expects a potential $100 million hit from excess devices it might now sell at a discount, according to internal meeting notes seen by Reuters......»»

By 2023, experts estimate that 91% of Americans will shop online. Of those who are already online shoppers, nearly two-thirds of consumers rely on mega... The post Are Amazon Product Reviews “Fake News&.....»»

Amazon.com Inc. accused the Pentagon of seeking to manipulate its review of a huge cloud-computing deal to steer the award to rival Microsoft Corp......»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Amazon is suing the Defense Department to overturn the award, potentially worth $10 billion to Microsoft.....»»

In a court document unsealed Thursday evening, the Defense Department asked for 120 days to reassess, after a judge's ruling. Amazon had objected to the initial decision to award the contract to Microsoft......»»

A U.S. judge said Amazon.com Inc is likely to succeed on a key argument of its challenge to the U.S. Department of Defense's decision to award cloud computing deal worth up to $10 billion to Microsoft Corp......»»

A U.S. judge said Amazon.com Inc is likely to succeed in its challenge to the U.S. Department of Defense's decision to award an up to $10 billion cloud computing deal to Microsoft Corp......»»

A legal opinion unsealed Friday offered an early indication of how Court of Federal Claims judge Patricia Campbell-Smith might rule in the high-stakes lawsuit......»»

A legal opinion unsealed Friday offered an early indication of how Court of Federal Claims judge Patricia Campbell-Smith might rule in the high-stakes lawsuit......»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Amazon.com, Inc. (NASDAQ: AMZN) and other rivals vied for a piece of the worldwide cloud infrastructure services market as spending rose 37% to top US$107 billion in 2019. read more.....»»

A reorganization is coming to Google Cloud, marking another change occurring under CEO Thomas Kurian as it fights for dominance against the likes of Microsoft Corp. and Amazon.com Inc. As first reported by the Wall Street Journal, Google Cloud — a .....»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»