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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 sales of $113B disappoint Wall Street but profits of $7.8B exceed expectations

GeekWire

Amazon posted net sales of 113.1 The result was within the range of the company’s previously issued guidance of net sales between $110 billion and $116 billion. However, Wall Street analysts had expected Amazon to report overall net sales of $115 billion, on average, a 29% increase year-over-year. billion or $15.12

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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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Google Cloud posts second straight profitable quarter on 28% revenue growth

GeekWire

On a conference call with analysts, Google and Alphabet CEO Sundar Pichai credited the growth to factors including the use of Google Cloud infrastructure by customers for training and delivering generative AI models. .” billion, with net income of $18.4 Google Cloud revenue rose 28% to more than $8 billion in the second quarter.

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Jeff Bezos commits $1 billion to conservation as Amazon destroys the world

Vox

Nature is our life support system and it’s fragile,” the billionaire said Monday at a press conference. “I Meanwhile, Amazon Web Services (AWS) uses massive amounts of energy to keep its servers online. And that expensive trip to space he just took ? Bezos says it was enlightening.

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How Trainline’s CTO stays on track with professional development

CIO Business Intelligence

More recently, under the tutelage of former CTO Mark Holt, Trainline became a story of scale and mobility, moving to DevOps, agile principles and leveraging compute power through Amazon Web Services (AWS). The company sold more than 204 tickets every minute. The team has celebrated numerous achievements inside her first year.

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Slack warns investors about risk of possible retaliation from Microsoft over antitrust complaint

GeekWire

. “On competition, generally, the TAM (total addressible market) is just so big that I don’t think anything, even if it was worrisome, is going to show up in a significant way for a while, but there’s nothing that’s indicating increased pressure there,” Butterfield said on Slack’s quarterly conference call.

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