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Amazon closing smaller Fresh grocery store in Seattle as it focuses on expanded format stores

GeekWire

The closure news comes on the same day that Amazon Web Services announced it would be cutting hundreds of jobs , including on its Physical Stores Technology team. Amazon said it plans to rely on Dash Carts, which keep track of items and costs as shoppers place those items in the high-tech shopping carts and skip the checkout lines.

Retail 94
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Amazon’s online store sales dip below 40% of net sales for first time, and other earnings notes

GeekWire

The declining percentage comes from noticeably slower growth in the online segment over the past couple years (including year-over year declines in some recent quarters) and the continued growth of the company’s revenue from areas including third party seller services, Amazon Web Services, and advertising services.

.Net 74
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5 ways to maximize your cloud investment

CIO Business Intelligence

Refactoring applications to take advantage of cloud-native services is vital to maximizing cloud ROI. Refactor your applications to take advantage of web services or serverless capabilities, and re-architect your infrastructure to optimize resource usage,” he says. Open and transparent communication with vendors is essential.

Cloud 119
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Choice Hotels’ all-in cloud journey to sustainable business value

CIO Business Intelligence

By 2015, it was redesigning its property management system on the cloud, called Choice Advantage, which is licensed to third-party companies, including rivals. Choice’s all-in cloud journey Choice got its digital start building an iOS-based iPhone app for its franchise customers about a decade ago.

Hotels 143
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Inside Nasdaq’s AI-fueled pivot to SaaS provider

CIO Business Intelligence

billion in 2022, derives roughly 30% of its business from its markets, trading, and exchange business — and about 40% from software sales and licensing. The company, which reported net revenues of $3.6 That’s because, says Peterson, Nasdaq’s tech stack is the best exchange software out there. “As

Financial 114
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Former Amazon exec inherits Microsoft’s complex cybersecurity legacy in quest to solve ‘one of the greatest challenges of our time’

GeekWire

Charlie Bell, a former Amazon Web Services executive, is now the leader of Microsoft’s newly formed, 10,000-person security engineering organization. ” Another issue is Microsoft’s practice of putting advanced security solutions into its costliest enterprise licensing tiers. Microsoft Photo).

Microsoft 104
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What is Web 3.0?

Galido

Wikipedia’s technical contributors explain that the intent of this application is to enhance the usability and usefulness of the Web and its interconnected resources by creating Semantic Web Services, such as: Servers that expose existing data systems using the RDF and SPARQL standards. Web services interoperability.