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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

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Amazon pours up to $4B into AI startup Anthropic, escalating rivalry with Microsoft and Google

GeekWire

Dario Amodei, co-founder and CEO, Anthropic, at the 2023 Fortune Brainstorm Tech conference in Park City, Utah. The investment and expanded partnership includes a commitment by Anthropic to make Amazon Web Services its main cloud provider. Photo by Stuart Isett/Fortune, Creative Commons BY-NC-ND 2.0 , via Flickr.)

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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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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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Former AWS real estate managers, accused of taking millions in kickbacks, challenge Amazon’s motives amid FBI investigation

GeekWire

Amazon Web Services had embarked on a data center building boom to handle soaring demand as attendees gathered for its 2019 re:Invent conference in Las Vegas. Amazon Web Services needed more capacity. The third, Colorado developer Brian Watson, put himself forward as a person who could salve Amazon’s growing pains.

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How the pandemic is bringing Elon Musk’s dream to connect everyone on Earth closer to reality

Vox

In early March, just days before cities across the US shut down due to the Covid-19 pandemic, Elon Musk shared the latest details about his plan to build a satellite broadband service called Starlink. Satellite broadband could also be very profitable for whichever company figures it out first.

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