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The Latest Breaking News from Amazon Web Services

Markets Today: Stocks Continue Their Rally

Morning Markets The S&P 500 Index ( $SPX ) ( SPY ) today is up +0.46%, the Dow Jones Industrials Index ( $DOWI ) ( DIA ) is up +0.40%, and the Nasdaq 100 Index ( $IUXX ) ( QQQ ) is up +0.30%. U.S. stock indexes are moderately higher,...

Barchart

Markets Today: Weakness in Tech Stocks Weighs on Stock Index Futures

Morning Markets June E-Mini S&P 500 futures (ESM2 3) this morning are down -0.29%, and June Nasdaq 100 E-Mini futures (NQM2 3) are down -0.22%. U.S. stock index futures this morning are moderately lower. Weakness in technology stocks is weighing on the overall market after Amazon.com gave up a +12%...

Barchart

Stocks Slip Lower, Inflation Data In Focus, Amazon Reverses Course, Intel Leaps, Exxon & Chevron On Deck - Five Things To Know

Stock futures slip lower with Fed now in sight; PCE inflation on deck following stagflation hints from Q1 data; Amazon shares reverse course as cloud outlook mars earnings beat; Intel leaps as chipmaker sees second half margin recovery and Exxon, Chevron earnings in focus as energy prices soften.

The Street

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Economic Uncertainty Weighs on Cloud-Computing Divisions at Amazon and Microsoft

Demand for highly profitable cloud-computing services has slowed as businesses cut spending due to economic uncertainty. As a result, earnings for Amazon.com (AMZN ) and Microsoft (MSFT ) may be affected when they report their quarterly results next week. Analysts are projecting the slowest revenue growth for both companies’ cloud-computing...

Barchart

Building a digital dividend

Some 80% of Thai organisations that employ workers with advanced digital skills report higher annual revenue growth, but 94% of organisations are struggling to hire enough of these talents, according to a study by Amazon Web Services (AWS).

Bangkok Post

AWS CEO warns of some potential big changes this year

Amazon’s not all that bothered about the short-term wobbles, it seems, as CEO Andy Jassy looks to the future.

TechRadar

Amazon cloud's big AI play

Amazon Web Services wants to be the foundation for businesses to build their generative AI applications.

Axios

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Tagboard Cloud Production Studio Adds Adobe, AWS Integrations

Updated product promises faster production, better monetization

Broadcasting & Cable

Amazon and Microsoft face referral to UK regulator over cloud services market

Ofcom proposes to refer sector to CMA amid ‘significant concerns’ about behaviour of some providers

The Guardian - UK

US tech giant Amazon draining Auckland wetlands to build big cloud data centre

Secret plans for the location of Amazon Web Services' new cloud computing facility reveal the planned removal of a dabchick nesting site, reports Jonathan Milne.

Newsroom.co.nz

Amazon cloud to buy half the output of wind farm – is this new renewable power?

The data giant says it's giving back to NZ – giving back renewable electricity, giving back water, giving back jobs and investment. What it's not giving back is much in the way of tax. Jonathan Milne reports.

Newsroom.co.nz

Amazon Web Services to invest $13bn in expanding Australian cloud computing

Tech giant says expansion of Sydney and Melbourne data centres will bring in 11,000 full-time jobs

The Guardian - AU

BT teams up with AWS in IoT and 5G push

BT and AWS to work together on new 5G solutions, IoT offerings, and more.

TechRadar

Amazon Priced at a Premium to Peers

Although the valuation of Amazon.com (AMZN ) has fallen significantly with the other mega-cap technology stocks, it still commands a hefty premium to its peers. Priced at 34 times profits expected over the next 12 months, Amazon has the most expensive valuation among mega-cap technology stocks. Moreover, the valuation for...

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TechRadar

BT and AWS are fusing 5G and cloud tech to connect businesses on the move

New multi-million-pound deal combines AWS cloud with BT 4G/5G infrastructure.

Evening Standard

Amazon lays off another 9,000 employees to cut costs

Amazon is to let go of another 9,000 employees worldwide as the e-commerce giant ramps up its cost-cutting measures. #The announcement was made to employees of the firm in a note by CEO Andy Jassy, who said workers in the Amazon Web Services, human resources, advertising and Twitch units would…

Investors Business Daily

Amazon Slashing More Jobs As Layoffs Among Big Tech Firms Continue

Amazon is cutting 9,000 more jobs, raising its total in recent months to 27,000. Cuts include Amazon Web Services. AMZN stock fell on the news.

Multichannel News

Future Names 2023 ‘40 Under 40’ for L.A. TV Week

Execs on the rise will be celebrated on June 21 at Sofitel Los Angeles in Beverly Hills

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Chicago Sun-Times

Dream a little stream: The future of sports viewing is immersive

Games broadcast on linear TV don’t allow for specialization. Streaming provides the opportunity for viewers to choose what they want to see.

AAP

Australia's tech cloud keeps expanding

Amazon is the latest international tech company to launch a new cloud data region in Australia and experts say it won't be the last.

The Street

One State is Poised to Benefit From Big Amazon Cloud Expansion

Amazon will invest $35 billion more into AWS, its cloud company, despite its recently layoffs.

The Independent UK

Virginia, Amazon announce $35 billion data center plan

Virginia Governor Glenn Youngkin says the state has reached a deal with Amazon Web Services for the company to invest $35 billion in new data centers

Zenger

Twitter Competitor Parler In Limbo After Massive Layoffs At Parent Firm

Parlement Technologies reportedly cut dozens of jobs across the company in December, a move that has cast doubt on the future.

Bangkok Post

Amazon unveils cloud trends for 2023

Industry use cases, simulation and machine learning are among the trends associated with the rise of cloud computing usage in 2023, according to Amazon Web Services (AWS), the cloud service arm of tech giant Amazon.

Bangkok Post

Making security predictions for 2023

One of the greatest challenges for cybersecurity teams is the constantly shifting security landscape. Evolving geopolitics, the resulting tension between economic progress and security, and the perceived cyberthreat drive a lot of the negative perceptions around cybersecurity.

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