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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 Web Services posted revenue of $22.1 ” [Rose 18% to $32.3

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How Trainline’s CTO stays on track with professional development

CIO Business Intelligence

A long-time Googler, who’s role as engineering director saw her lead the Google Play developer ecosystem, Nikolic was keen for something new that offered a greater sense of social purpose. “ Since joining a year ago, Nikolic has split teams into horizontal and vertical functions to support operational efficiency and product development.

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Why Epic is burning its own cash to cook Apple

The Verge

Epic Games Store runs on Amazon Web Services. In a basic act of moral consistency, the Epic Game Store contains — in addition to games by other developers — other game stores. The idea is based on Snow Crash , a 1991 book by Neal Stephenson.) So does Fortnite itself. Fortnite’ pretty much prints cash.

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Inside Nasdaq’s AI-fueled pivot to SaaS provider

CIO Business Intelligence

The company, which reported net revenues of $3.6 Nasdaq, which went public in 2005, employs 7,000, roughly 3,000 of which are devoted to its massive IT organization, which develops an expanding range of technology products, including the trading system, security and surveillance software, and, increasingly, SaaS.

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Read Jeff Bezos’ shareholders letter: Amazon founder focuses on employee welfare, comments on union vote

GeekWire

What’s next: Bezos will step down as CEO in the third quarter of this year, replaced by Amazon Web Services chief Andy Jassy. ” Bezos noted that Amazon is developing safety-related solutions to help protect warehouse employees from injury and improve their safety. Our net income in 2020 was $21.3 More than 1.9

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Basically everything on Amazon has become an ad. It’s only the beginning.

Vox

In the first nine months of 2022, Amazon’s ad revenue surpassed the money the company makes from Prime, Prime Video, and its other audio and e-book subscriptions combined. Along with Amazon Web Services, advertising has emerged as one of the company’s top two profit engines.

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Twitter reacts to Jeff Bezos news: Maybe he’ll open an indie bookstore or work to defeat Superman

GeekWire

The news Tuesday that Amazon founder Jeff Bezos would be stepping down from his role as CEO later this year drew a huge social media response, with a variety of users reacting to the development and offering up armchair analysis of what it all could mean for the tech giant and the billionaire boss. Now he says he's ready to commit. "I’ve

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