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Amazon’s online store sales dip below 40% of net sales for first time, and other earnings notes

GeekWire

The chart below is what Amazon’s net sales look like in raw numbers over the past several years, broken down into the major business segments reported by the Seattle-based company. Here are the same results, expressed as a percentage of net sales. Amazon is undergoing a steady transformation under CEO Andy Jassy.

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FCC Releases New Net Neutrality Rules

CTOvision

Net neutrality became a buzzword in 2014, as many media sources and public figures voiced their opposition to the FCC’s “fast lanes.” The FCC released a report that outlines its new rules, beginning with an acknowledgment of the widespread public engagement in the Net Neutrality debate. By Shannon Perry.

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ChatGPT net worth: Is OpenAI the next tech behemoth?

Dataconomy

“ChatGPT net worth” is one of the most searched queries on the Internet. So, let’s dive in and explore the net worth of ChatGPT! ChatGPT net worth or OpenAI net worth? ChatGPT is an artificial intelligence language model, and therefore it does not have a net worth in the traditional sense.

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Google Cloud growth slows as Alphabet net income plunges

CIO Business Intelligence

Even though Google Cloud revenue growth showed signs of slowing, it nevertheless provided something of a bright spot as parent company Alphabet — hit hard by the tightening of customer budgets — posted a year-over-year decline in net income for its 2022 fourth quarter. Net income (profit) was $13.6 billion, up just 1% from $75.3

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Cyber-Security Dangers of Repealing Net Neutrality

Galido

Net neutrality is the principle that governments have put in place directing Internet Service Providers (ISP) to treat all internet traffic the same. Due to the recent decision of the Federal Communications Commission (FCC) which resulted in the repealing net neutrality, ISPs will now have control of internet usage.

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Amazon’s cloud business and AI initiatives in the spotlight in advance of earnings report

GeekWire

Wall Street analysts expect the company to report net sales (revenue) of $131.5 In its prior guidance for the second quarter, Amazon said it expected net sales between $127 billion and $133 billion; and operating income between $2 billion and $5.5 billion, up 8.5% from a year ago, as reported by Yahoo Finance.

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Amazon stock jumps 7% after Q2 earnings beat estimates with $134.4B in revenue

GeekWire

Net income was $0.65 Microsoft and Google both posted strong cloud results in their earnings reports last week, benefitting in part from early interest in infrastructure and services to help corporate customers develop generative AI applications. Advertising: Along with AWS, advertising is one of Amazon’s higher-margin businesses.