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Telenor and Amazon team up to deliver 5G and edge services

TM Forum

Telenor is looking to build on its cloud-based strategy by co-investing with Amazon Web Services (AWS) in 5G and edge services for enterprise verticals, including manufacturing, supply chain and logistics, and automotive. Telenor in a statement.

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Car industry analyst: Amazon’s move into vehicle sales ‘just makes sense’

GeekWire

Tom Voelk , an automotive writer and host of the YouTube channel Driven , said the move “just makes sense.” So making car sales available on its marketplace could be Amazon’s way of inking potentially more lucrative deals for Amazon Web Services and other business arms. “They want an easy experience.

Industry 104
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Amazon cloud chief Adam Selipsky hints at new directions for AWS as re:Invent begins

GeekWire

Adam Selipsky, Amazon Web Services CEO. Amazon Web Services this week is holding its first re:Invent conference without Andy Jassy at the helm of the tech giant’s cloud unit. Second, he said AWS plans to build more services tailored to specific industries. Amazon Photo).

Cloud 106
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Amazon market value soars $170B as Meta keeps sinking in aftermath of pivotal earnings reports

GeekWire

billion operating loss in Q4 2021 if not for Amazon Web Services. billion in the value of its stake in electric vehicle maker Rivian Automotive. RELATED STORY Amazon would have posted $1.8 However, the Seattle tech giant’s total market value is still well below its peak of almost $1.9

Report 92
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Amazon’s cloud business and AI initiatives in the spotlight in advance of earnings report

GeekWire

Analysts expect earnings of 35 cents a share, vs. a loss of 20 cents a share a year ago (which included a valuation loss on the company’s Rivian Automotive investment). Amazon Web Services revenue growth declined to 15.8% Wall Street analysts expect the company to report net sales (revenue) of $131.5 billion, up 8.5%

Report 83
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Tech Moves: Former Expedia leader joins Peerspace; Flexport adds another Amazon exec

GeekWire

Acertus Photo) — Ross Rachey, formerly head of Amazon’s last mile fleet, was appointed chief operating officer of automotive logistics company Acertus. Louis-based Acertus supports vehicle “lifecycle management,” including transport, storage, maintenance and compliance services. Ross Rachey.

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Amazon profits nearly double to $14.3B, boosted by Rivian stake, as company hikes Prime fees

GeekWire

billion in the value of its stake in Rivian Automotive following the electric vehicle maker’s initial public offering. Amazon Web Services, the company’s cloud division, posted $17.8 Amazon posted profits of $14.3 billion, from $6.9 billion in revenue, up nearly 40%, and $5.3

Company 107