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Amazon rips Microsoft for ‘spotty operational performance during the COVID-19 crisis’

GeekWire

And, this has been further underscored by their spotty operational performance during the COVID-19 crisis (and in 2020 YTD).”. Amazon Web Services has long been the cloud infrastructure market leader, though Microsoft Azure has gained momentum in recent years. Amazon Web Services posted net sales of $10.2

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Why Epic is burning its own cash to cook Apple

The Verge

Epic Games Store runs on Amazon Web Services. At many companies, losing this much money would be a problem, but that figure is only slightly more than Epic’s Fortnite revenue from April 2020 , which was $400 million that month. So does Fortnite itself. Fortnite’ pretty much prints cash.

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How the pandemic is bringing Elon Musk’s dream to connect everyone on Earth closer to reality

Vox

In vast swaths of the United States and the world, there are millions of people who don’t have reliable internet access. In early March, just days before cities across the US shut down due to the Covid-19 pandemic, Elon Musk shared the latest details about his plan to build a satellite broadband service called Starlink.

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Tech Moves: Expedia board director Skip Battle resigns; Madrona promotions; Vacasa’s new CFO

GeekWire

AskJeeves was acquired in 2005 by IAC, the internet media company run by Barry Diller, who is also chairman of Seattle-based Expedia Group. billion for first nine months of 2020, down from $9.3 Its net loss for the first nine months of this year was $2.2 ” Sharma joined Madrona last year from Amazon Web Services.

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Amazon’s strategy to squeeze marketplace sellers and maximize its own profits is evolving

Vox

In his 2020 letter to shareholders, Jeff Bezos said it accounted for nearly 60 percent of Amazon’s retail sales, which come from nearly 2 million sellers. That revenue translates to a lot of profit — more than even Amazon Web Services (AWS), Amazon’s cloud computing platform typically believed to be the company’s most profitable arm.

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Amazon will have a new CEO as Jeff Bezos transitions to executive chair later this year

The Verge

Andy Jassy , who currently serves as CEO of Amazon Web Services (AWS), will replace Bezos as Amazon CEO. Bezos has also prospered as head of the company, with skyrocketing wealth that ( until just a few weeks ago ) made him the single richest human on Earth, with a net worth of nearly $180 billion.

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Year in Aerospace: The comeback begins for Boeing and for American spaceflight

GeekWire

Not all of 2020’s developments have been gloomy: David Calhoun, who took the reins as CEO at the beginning of the year , has patiently worked on a turnaround for Washington state’s top aerospace company. 4 more top stories from 2020. How will Boeing fare in 2021? up in the air. That’s a continuing controversy.

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