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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. Here’s how the company defines each segment in its 10Q filing.

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Keynotes and Networking Highlight SecureWorld Denver Conference

SecureWorld News

The result was her having no brakes at the end of a run as her speeding car plowed through the safety sand area and safety net at the end of the track, leaving a demolished car and Arndt with, thankfully, only minor injuries. She shared how she was in a severe crash a few years ago when a simple clip in the breaking system was left off.

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IT services company Atos finalizes plan for IBM-style split

CIO Business Intelligence

IT services company Atos has found a buyer for its legacy managed infrastructure services business as it prepares for an IBM-style split between faster- and slower-growing activities. Atos had planned to divide into two publicly listed companies, but on August 1 announced it is taking a different route.

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Remitly revenue climbs 69% to $121M in first earnings report as public company

GeekWire

Seattle-based financial services company Remitly issued its first earnings report since its initial public offering, reporting revenue of $121.2 The company said the total volume of money sent through its system increased 61% to $5.2 Remitly’s net loss widened to $13 million for the quarter, from a $2.4 30, up 69%.

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Expedia CEO Peter Kern to step down later this year, replaced by longtime exec Ariane Gorin

GeekWire

Expedia Group CEO Peter Kern speaks at the company’s Explore 23: Connect conference in Seattle last year. Kern will continue to serve as the company’s vice chairman and remain on its board, which he has been on since 2005. The company had also gone through a management shakeup the year prior.

Travel 108
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Atos deal to sell its legacy service business falls through

CIO Business Intelligence

French IT services company Atos has put an end to its attempts to sell its ailing legacy managed infrastructure services business after failing to reach an agreement with a prospective buyer, and will now have to glue the two halves of its business back together. year on year and in line with the company’s previous forecasts.

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Smartsheet stock rises 6% following earnings report as it launches new AI tools

GeekWire

-based work management software company reported better-than-expected earnings for its fiscal second-quarter ended July 31. Smartsheet reported a GAAP net loss of 25 cents a share, down from a net loss of 48 cents in the year-ago quarter. Total revenue was $235.6 Subscription revenue was up 28% to $221.5

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