Amazon posts first quarterly loss since 2015
Plagued by higher costs and slower growth, the company sees "challenges" ahead.
Amazon posted its first quarterly loss in seven years, according to reporting in The Wall Street Journal. The disappointing results reflect broad economic trends related to a slump in online shopping, higher costs f... Read more
Amazon launches a $1 billion “Industrial Innovation Fund”
The fund will be to invest in supply chain technology companies.
This week Amazon announced plans to invest $1 billion in companies developing supply chain technologies such as warehouse robots.
The investments will be made through a new fund known as the Amazon Industrial Innovation Fu... Read more
AWS plans to expand their market lead
The Amazon Cloud chief is eyeing acquisitions and other ways to increase the tech giant's dominance.
This week Amazon's cloud chief Adam Selipsky told Bloomberg News that the e-commerce giant doesn’t plan to spin off its profitable Amazon Web Services division.
“We have no current plans t... Read more
Amazon releases MASSIVE dataset for natural language understanding
Amazon is launching the MASSIVE dataset. With this, it wants to lift Natural Language Understanding (NLU) to a higher level. Companies can use the dataset to have virtual assistants interpret obscure language.
MASSIVE is a parallel dataset, Amazon explains. For the dataset, it means that 1 milli... Read more
UK data centers get a 2.3 billion dollar AWS investement
Amazon to operate and build data centers in the UK.
On Wednesday, Amazon Web Services announced that they're spending around 2.37 billion USD on operating and building data centers in the UK.
The investment will be made over a period of two years. According to AWS, this move will almost doubl... Read more
Microsoft to add support for Android Apps in Windows 11
The Apps are already available in a "public preview"
In 2021, Microsoft announced Windows 11 users would be able to natively access Android apps through a PC-based version of the Amazon Appstore.
In October last year Windows 11 arrived, but access to Android apps on the platform was limited t... Read more
Deal on EU tech rules possible by June
The new legislation will have a sweeping impact on U.S. tech giants
EU lawmakers and countries could reach a deal on proposed tech rules by the end of June, according to Reuters. The new laws would force online platforms to better police the internet. The agreement looks likely, despite differe... Read more
Italy’s antitrust regulator recalculates fines for Amazon and Apple
The adjustment was a result of a "material error" in the first calculation.
Italy's antitrust regulator said on Thursday it had recalculated the fines for U.S tech giants Apple and Amazon, according to reporting in Reuters. The Italian officials said the adjustment was due to a "material error" ... Read more
What is DevOps, and how does the model evolve in the cloud?
DevOps is an amalgamation of traditional Development and Operations teams. Especially in the cloud, however, the DevOps model is evolving. More and more tasks are being automated, creating more time to focus on applications and features that make the difference.
We sat down with Sebastien Storma... Read more
Amazon expands IoT network service SideWalk with greater reach
Amazon has expanded IoT network service SideWalk with better connectivity for longer distances. The Amazon SideWalk Pro application is intended to deliver connectivity over longer distances for homes, industrial environments, farms and various remote locations.
Once, SideWalk was introduced as a... Read more