Amazon.com spent $1.7 billion on video and music content during the first quarter of this year, the first time the technology and retail giant has itemised the growing cost of providing streaming services to consumers.
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Intel, which had been the biggest beneficiary of a years-long, multibillion-dollar spending spree by the cloud computing industry, signalled an end to an expansion that drove record revenue and profit.
Amazon.com confirmed on Thursday what has been a slowly evolving financial picture. It is now a company that is more profitable than it has been in years, but the supercharged growth is gone.
Microsoft’s cloud computing business fuelled quarterly sales and profit that topped analysts’ estimates, boosted by several new deals with large corporate clients.
A swathe of the world is adopting China’s vision for a tightly controlled Internet over the unfettered American approach, a stunning ideological coup for Beijing that would have been unthinkable less than a decade ago.
Access-based consumption has obscured the rise of a range of fragmented ownership configurations in the digital realm that provide the customer with an illusion of ownership while restricting their ownership rights.
Amazon.com plans to launch thousands of satellites to provide broadband Internet access around the globe.
Researchers at UpGuard, a cybersecurity firm, have found troves of user information hiding in plain sight, inadvertently posted publicly on Amazon.com’s cloud computing servers.
Standard Bank Group said on Wednesday that it has selected Amazon Web Services as its preferred cloud provider as it shifts various production workloads, including its customer-facing platforms, to the cloud.
YouTube has cancelled plans for high-end dramas and comedies, people with knowledge of the matter said, a pullback from its grand ambitions for a paid service with Hollywood-quality shows.