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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.

.Net 90
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Bank downplays ties to FTX sister company in latest fallout from crypto exchange failure

GeekWire

Moonstone Bank , formerly known as Farmington State Bank, said in a statement that FTX founder Sam Bankman-Fried’s Alameda Research trading firm has less than a 10% stake in its parent company, with no board seats and no direct involvement in management. 23 that FBH, the parent company of Farmington State Bank, received $11.5

Banking 103
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Cloud, SaaS boost Oracle sales, but competition exacts costs

CIO Business Intelligence

During a call with analysts after the results were announced Thursday, Oracle Chairman and CTO Larry Ellison named a long roster of high-profile customers the company had signed up recently. While overall revenue including services and license support rose 4% year over year to reach $10.5 billion, net income plunged 54% to $2.3

Oracle 105
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Inside Nasdaq’s AI-fueled pivot to SaaS provider

CIO Business Intelligence

But Nasdaq is far more than a financial exchange, offers Peterson; it is a global technology company that is expanding into surveillance and security, continuing to build its SaaS business, and applying AI to many financial applications, he says. The company, which reported net revenues of $3.6 Not just the technology group.”

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Porch completes $100M Homeowners of America acquisition, doubling down on insurance market

GeekWire

Porch Group, the Seattle-based home services software company, completed its $100 million acquisition of Homeowners of America Inc. Based in Irving, Texas, Homeowners of America operates in six states but is licensed to operate in 31 states. Porch cut its net loss in half in 2020, to $51.6 (Porch Group Photo). million in 2019.

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Amazon Music will offer My Favorite Murder episodes a week early

The Verge

Hot Pod Summit is the invite-only industry conference for the people building the future of the audio industry. The second thing to note is that with this deal, eight of the 10 most popular podcasts from Q3 last year have either now been acquired, licensed, or were already operating under a major media organization. Let’s get into it.

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The Hacker Mind Podcast: Hacking APIs

ForAllSecure

And basically you get an app on your phone you push open the door, it opens the door, you know this is a company that makes a machine that ticks my door up because I'm too lazy to get out of my car when it's raining. Vamosi: So a lot of companies are very good at the things that they do. Probably not. Vamosi: Once the problem is found.