Amazon Web Services, cloud and the outage
Digest more
Amazon shares jump
Digest more
AWS is growing 20% year-over-year and ended the third quarter with $33.1 billion in sales through the first nine months of the year, Amazon announced in its third-quarter earnings release on Thursday. The business segment’s operating income increased to $11.4 billion in Q3, up from $10.4 billion at the same point in 2024.
An Amazon Web Services outage has caused significant issues for a number of high-profile websites Monday morning, including Snapchat, Roblox, Fortnite, online broker Robinhood and the McDonald's app.
Amazon said its cloud computing service was recovering from a major outage that disrupted online activity around the world.
SAN FRANCISCO (Reuters) -Amazon cut at least hundreds of jobs in its Amazon Web Services cloud computing unit on Thursday, two sources said, just a month after CEO Andy Jassy warned that adoption of generative AI tools would trigger a workforce reduction.
Amazon’s cloud-computing arm plans to invest an additional $5 billion in South Korea over the next six years to build new artificial-intelligence data centers in the country.