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The Latest Breaking News from AWS

Amazon beats Q4 revenue estimates, but profits slump

Amazon reported worse-than-expected profits, but its revenue beat expectations boosted by sales in North America and its cloud-computing unit AWS

The Independent UK

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 Street

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

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How Amazon put Ukraine’s ‘government in a box’ — and saved its economy from Russia

Since Februrary, Amazon has been playing Santa Claus to the Ukraine, delivering planeloads of goods, including blankets, hygiene kits, diapers, food, and toys, for the war-torn nation and refugees in Poland and other parts of Europe.

Los Angeles Times

The CEO of Amazon Web Services likes to hire people who are ‘restless and dissatisfied.’ Here’s why

Adam Selipsky, who runs Amazon's massive cloud computing business, says "If you’re not dissatisfied with what you see around you, you’re usually not compelled to reinvent something."

Fortune

Why Amazon Could Bring Back Jeff Bezos as CEO (Thanks, Disney)

Tough times call for great leaders. Disney made the tough choice. Starbucks has done it more than once. Now, Amazon may put its founder back in the big chair.

The Street

How Amazon grew an awkward side project into AWS, a behemoth that’s now 4 times bigger than its original shopping business

Over two decades, AWS has become the ultimate case study in corporate innovation.

Fortune

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Amazon Subsidiary Sets Long-Term Goal to Fight Water Scarcity

Amazon Web Services uses a lot of water to cool down its server rooms, but the company has a plan to vastly reduce the amount of water it uses by 2030.

The Street

Call to solve trading free-for-all

Regulatory loopholes and the lack of a timely warning system pose major risks for stock market regulators and investors when lesser-known stocks come into the spotlight, shaking public confidence in the Thai bourse.

Bangkok Post

Asia Wealth Securities ordered to cease operations

The Securities and Exchange Commission (SEC) on Tuesday ordered Asia Wealth Securities (AWS) to cease all operations and transfer its assets to other securities companies, citing its ailing financial status.

Bangkok Post

Nation can be hyperscale data centre base

Thailand can be at the forefront of the hyperscale data centre sector in Asean after global tech giants Google and Amazon Web Services (AWS) announced plans to set up cloud infrastructure hubs in the country, according to Vertiv, a global provider of equipment and services for data centres.

Bangkok Post

Asia Wealth Securities suspended from all business

The Securities and Exchange Commission on Tuesday ordered Asia Wealth Securities to cease all its operations after its net capital fell below zero for more than 5 business days.

Bangkok Post

Power of AWS partners to accelerate ASEAN’s digital transformation

Amazon Web Services (AWS), the world’s most comprehensive and broadly adopted cloud provider, and an Amazon.com company, has vowed to assist public sector customers in pursuing their smart city journey through support of innovative solutions by its partners.

Bangkok Post

MORE shares nosedive in return to trade

More Return Plc (MORE) shares plunged to a new price floor shortly after the Stock Exchange of Thailand (SET) resumed trade of the stock on Monday, with the bourse warning the price could continue to slide.

Bangkok Post

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Fortune

Why Amazon is going all in on renewables–and how it intends to use 100% clean energy by 2025

Amazon is on track to beat its own goal of using 100% renewables for its operations by five years, according to AWS VP of public policy Shannon Kellogg.

Bangkok Post

Meta upbeat on 5-10 year outlook

The metaverse is expected to gain momentum in the mass market in 5-10 years, while various emerging technologies require regulation in a responsible manner without undermining the innovative power of technology, according global tech powerhouses Meta and Amazon Web Services (AWS).

Bangkok Post

SEC suspends trading by AWC

The Securities and Exchange Commission (SEC) has suspended Asia Wealth Securities Co (AWS) from doing business as of yesterday for alleged use of clients' money to pay for share settlements without their consent.

Bangkok Post

Asia Wealth Securities suspended from doing business

The Securities and Exchange Commission has suspended Asia Wealth Securities Co from doing business for alleged use of clients' money without their consent.

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news in one place.

100’s of premium titles.
One news app.

Investors Business Daily

The First Real Cloud Computing Recession Is Here — What It Means For Tech Stocks

Are the best days of cloud computing growth over for Amazon, Microsoft and Google amid rough third-quarter results?

Fortune

Whose data is it anyway?

When it comes to handling your data, not all cloud service providers are created equal.

Fortune

Don’t get lost in the cloud: How to manage multiple providers

What are the potential benefits and pitfalls of a multi-cloud approach, and how can organizations get the most out of multiple vendors?

The Street

Morningstar Likes Big Tech, Despite Earnings Setbacks

The S&P 500 Information Technology index has dropped 15% in the past three months and 28% year to date.

Benzinga

10 Amazon Analysts Lower Price Targets: How The Street Is Reacting To Disappointing Q3 Earnings, AWS 'Surprise'

Here’s what analysts are saying about Amazon.com Inc's (NASDAQ: AMZN)

Benzinga

Maybe Jeff Bezos Should Buy Ethereum: AWS Servers Host A Major Chunk Of The Crypto's Computing Power

Despite Bitcoin’s (CRYPTO: BTC) popularity as the world’s most popular cryptocurrency and one having the highest market capitalization, Ethereum

Bangkok Post

Cloud HM x AWS join hands for leadership summit in anticipation for opening of 1.9 trillion baht AWS region in Thailand

Cloud HM, in collaboration with Amazon Web Services, hosted a Leadership Summit under the theme; “Amazon Web Services Growth Secrets: How to Run a Multi-Billion Dollar Business Like AWS”, and showcased their cloud and AI technology by arranging Thailand’s 1st AWS DeepRacer Autonomous Car Race at The House on Sathorn,…

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