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Zoom revenue spikes to $328M in Q1; CEO thanks Amazon Web Services for help meeting demand

GeekWire

Zoom CEO Eric Yuan gave a special shout-out to longtime partner Amazon Web Services and its CEO Andy Jassy for helping the company meet demand. AWS posted net sales of $10.2 Zoom video conferencing rival Microsoft Teams is also growing rapidly. Zoom Chart).

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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

The investment and expanded partnership includes a commitment by Anthropic to make Amazon Web Services its main cloud provider. Amazon’s investment in Anthropic echoes Microsoft’s multi-billion dollar investment in OpenAI. Specific terms of the investment and the size of Amazon’s stake were not disclosed.

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Microsoft is a guinea pig for climate friendly concrete as it paves the way to greener data centers

GeekWire

Microsoft contractors mixed test slabs of lower-carbon concrete at the site of a new data center in Quincy, Wash. Dan DeLong Photo for Microsoft) Microsoft is building 120 new data centers this year alone, and operates more than 300 of the server hubs worldwide.

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Amazon rips Microsoft for ‘spotty operational performance during the COVID-19 crisis’

GeekWire

Amazon took a swipe at Microsoft’s cloud computing technology performance this week, calling out the company’s “spotty operational performance during the COVID-19 crisis.”. Amazon is once again challenging the Department of Defense’s decision to award the $10 billion JEDI contract to Microsoft. (Bigstock Photo).

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

GeekWire

billion, with net income of $18.4 Similarly, Microsoft’s cloud results helped the Redmond, Wash.-based Amazon Web Services’ results will be issued next week as part of Amazon’s earnings report. .” Alphabet’s overall revenue rose 7% to $74.6

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Smartsheet stock soars 15% as Q3 revenue grows 46% to $144M

GeekWire

million and non-GAAP net loss per share was $0.03, beating expectations. Customers include Cisco, Meta, Adobe and Amazon Web Services. Smartsheet competes with Asana, Monday.com, Wrike, Microsoft, and others. Revenue grew 46% to a record-high $144.6 ” Smartsheet said more than 9.5

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