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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’s how the company defines each segment in its 10Q filing. Amazon Web Services posted revenue of $22.1 ” [Rose 13.5%

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Seattle startup Downstream, which helps brands with their Amazon ads, acquired by Jungle Scout

GeekWire

Jungle Scout raised $110 million and today announced the acquisition of Downstream , a Seattle startup that helps brands with their Amazon advertising strategies. Downstream will add its 11-person team to Jungle Scout, a 200-person Austin-based company that offers a suite of tools for Amazon sellers.

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Amazon reports $149B in revenue for holiday quarter, beating estimates, but shares fall 6%

GeekWire

(GeekWire Photo / Kurt Schlosser) Amazon beat revenue expectations for its fourth quarter as the company continues to navigate various headwinds. billion, up 9% year-over-year, topping both analyst expectations and the company’s own guidance. billion attributed to the company’s investment in Rivian.

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Amazon’s Halo disappears: Tech giant discontinues health devices and service, promises refunds

GeekWire

The surprise announcement Wednesday afternoon is part of a broader wave of cutbacks at the company that started late last year. The company today also started notifying employees impacted by its latest round of job cuts in Amazon Web Services, HR, Twitch and Amazon Advertising.

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IT companies join Ukraine war sanctions against Russia

CIO Business Intelligence

Almost all major IT companies have joined the West’s global economic sanctions against Russia in recent weeks. The following is an overview — without claiming to be exhaustive — of companies from all over the world that have temporarily suspended all or part of their business in Russia. How the IT industry reacted.

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Tech Moves: AWS product head joins Faculty; Bezos Earth Fund hires BlackRock leader; and more

GeekWire

LinkedIn Photo) — Jacob Sullivan is now chief product officer at Faculty, a London-based company that builds artificial intelligence systems. Sullivan was previously head of product for the AI DevOps group at Amazon Web Services, where he led teams helping customers build and manage cloud-based applications. Yakima, Wash.-based

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Tech Moves: Convoy names general counsel; startup founders land new gigs after shutdowns

GeekWire

A Seattle tech vet, Morrow was an executive at Apptio for five years including through the software company’s IPO and later $1.9 The company recently subleased 123,000 square feet of office space in downtown Seattle. The company raised $40 million earlier this year and counts many ex-Googlers among its staff. Steve Shure.

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