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

GeekWire

The investment and expanded partnership includes a commitment by Anthropic to make Amazon Web Services its main cloud provider. Its founders include siblings Dario Amodei and Daniela Amodei, who led OpenAI’s engineering and policy/safety teams, respectively. billion purchase of Whole Foods in 2017 and its $8.5

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Amazon’s total Washington state employment declines for the first time, new numbers show

GeekWire

The net decrease in the state comes as Amazon builds up its workforce in downtown Bellevue, but sees its overall employment decline at its main headquarters campus north of downtown Seattle. The net decline in Washington state comes as Amazon spreads its workforce across what it calls its “Puget Sound headquarters.”

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Amazon delivers big earnings miss, Jassy warns Q4 will bring ‘several billion dollars of additional costs’

GeekWire

Net sales rose 15% to $110.8 For the first time in Amazon’s history, the company’s revenue from online and physical retail store sales represented less than 50% of its overall revenue for the quarter, due to steady increases in areas such as its Amazon Web Services cloud business and revenue from advertising.

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Amazon’s cloud business and AI initiatives in the spotlight in advance of earnings report

GeekWire

Wall Street analysts expect the company to report net sales (revenue) of $131.5 In its prior guidance for the second quarter, Amazon said it expected net sales between $127 billion and $133 billion; and operating income between $2 billion and $5.5 Amazon Web Services revenue growth declined to 15.8% billion, up 8.5%

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Seattle hoops legend Jamal Crawford defends his use of BlackBerry phone: ‘It’s the keyboard’

GeekWire

The longtime NBA player, who last played for the Brooklyn Nets during the 2019 season, was a standout player at Seattle’s Rainier Beach High School in the late 1990s. Executive Chairman and CEO John Chen even touted a multi-year, exclusive partnership with Amazon Web Services to co-develop and co-market BlackBerry IVY.