Amazon delivers hefty profits, led by web services
Internet colossus Amazon on Thursday reported that its quarterly profit more than doubled on soaring revenue from online commerce and cloud services.
Internet colossus Amazon on Thursday reported that its quarterly profit more than doubled on soaring revenue from online commerce and cloud services.
Business
Apr 27, 2018
0
6
Online retail giant Amazon is ignoring Donald Trump's barrage of taunts and threats, focusing instead on expanding its reach into a swath of industries that the president's broadsides haven't come close to hitting.
Business
Apr 6, 2018
0
12
When Jeff Bezos first launched Amazon.com in 1994, he gave himself a 30 percent chance of success - slightly better than the 1 in 10 odds for internet startups.
Business
Jun 20, 2017
0
5
Amazon says an incorrectly typed command during a routine debugging of its billing system caused the five-hour outage of some Amazon Web Services servers on Tuesday.
Internet
Mar 2, 2017
0
30
Amazon reported on Thursday that profit leapt during the year-end holiday shopping season, but the tech giant saw shares sink as revenue fell shy of high expectations.
Business
Feb 2, 2017
0
7
Google appears to have won some of Apple's massive spending on cloud services as the search engine giant steps up its game in a lucrative market hitherto dominated by Amazon.com.
Business
Mar 21, 2016
0
6
Some storms transport ozone molecules to the canopy of the rainforest, influencing chemical processes that ultimately affect cloud formation, according to an international research team led by Penn State. The team conducted ...
Earth Sciences
Jan 22, 2016
0
267
Retailers have long feared Amazon.com and the ease with which it has undermined the business of shopping on Main Street.
Business
Oct 16, 2015
0
83
Amazon shares rocketed higher Thursday after the online giant surprised the market by swinging to profit in the second quarter amid surging sales.
Business
Jul 24, 2015
0
29
Strong demand for cloud computing services helped Amazon's revenue jump 15 percent in the first quarter.
Business
Apr 23, 2015
0
19