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Amazon’s potential investment in Rackspace would link longtime players in the cloud

GeekWire

billion and a net loss of $102.3 million in 2019. Net sales in Amazon’s cloud computing division, Amazon Web Services, were $35 billion over the same time frame , with operating profits of $14.5 Based in San Antonio, Texas, Rackspace reported revenue of $2.4

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Capital spending soars in the cloud as Microsoft, Google, and others bet big on AI demand

GeekWire

But for other tech giants, the outsized investments in cloud and AI infrastructure are redefining their businesses, taking them well beyond the software and online services that have fueled much of their growth. Angel investor Charles Fitzgerald at the GeekWire Cloud Summit in 2019. billion in revenue. billion in 2022 to $24.8

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Jeff Bezos sells more than $2.4B in Amazon stock

GeekWire

Bezos is the world’s richest person, currently with a net worth of $191 billion, according to Bloomberg. He is stepping down as CEO later this year and will be replaced by Amazon Web Services chief Andy Jassy. 21 on Bloomberg’s list with a net worth of $57.8 Bezos owned 14% of Amazon as of Feb.

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Amazon’s latest earnings cap off a sterling 2020, despite the pandemic

The Verge

Amazon founder and soon-to-be-former CEO Jeff Bezos is stepping down from his role , making way for Amazon Web Services CEO Andy Jassy to take his place, and the company couldn’t be in better shape financially for the big transition. billion for the same period in 2019. billion for the same period in 2019.

.Net 93
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Protesters block entrances at Amazon HQ, objecting to planned use of fossil fuels in Oregon

GeekWire

In 2019, then-CEO Jeff Bezos vowed the company would become carbon neutral by 2040 and created the Climate Pledge — an effort that calls on other corporations to join it in slashing their greenhouse gas emissions. “Amazon Web Services is your baby, and by almost any measure, a successful one.

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Seattle hoops legend Jamal Crawford defends his use of BlackBerry phone: ‘It’s the keyboard’

GeekWire

The longtime NBA player, who last played for the Brooklyn Nets during the 2019 season, was a standout player at Seattle’s Rainier Beach High School in the late 1990s. Executive Chairman and CEO John Chen even touted a multi-year, exclusive partnership with Amazon Web Services to co-develop and co-market BlackBerry IVY.

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Top Tech Websites 2019

Galido

Information Technology Blog - - Top Tech Websites 2019 - Information Technology Blog. Below are some of our General Tech Website and Blog picks for 2019. Help Net Security. Help Net Security has been a valuable resource for information security news since 1998. Technology is constantly changing. The Sweet Bits.

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