The Latest Breaking News from Amazon Web Services

Peloton Interactive Inc (NASDAQ:PTON) has appointed Liz Coddington as the company's Chief Financial Officer, effective June 13, 2022. She succeeds Jill Woodworth, who has decided to step down as Peloton's Chief Financial Officer after serving the company since 2018. Woodworth will serve as a consultant for Peloton on an interim basis, aiding the…

At its annual meeting for shareholders, Amazon's investors approved a more than $200 million payout for CEO Andy Jassy and voted against 15 proposals asking the company to report on worker safety, climate goals, pay rates, use of its face recognition technology and its stance on workers' right to unionize.

Report claims public money from countries around the world is funding growth of tech company

Alphabet Inc’s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google cloud unit formed a team to build services for developers running blockchain applications to tap the budding crypto market, CNBC reports. Former Citi executive James Tromans, who arrived at Google in 2019, will lead the product and engineering group. Google wants to offer back-end services to developers…

Wolfe Research analyst Alex Zukin initiated coverage of Snowflake (NYSE:SNOW) with an Outperform rating and a $250 price target.  The price target implies a 33.8% upside. Zukin saw the potential for Snowflake "to become the 4th hyperscaler" after Amazon.com Inc (NASDAQ:AMZN), Amazon Web Services, Microsoft Corp's (NASDAQ:MSFT) Azure, and Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) Google's Cloud. Zukin saw Snowflake growing…

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UBS analyst Karl Keirstead upgraded MongoDB Inc (NASDAQ:MDB) to Buy from Neutral with a price target of $450, up from $345 (20.8% upside). Channel checks suggested MongoDB benefits directly from the mega-trend to build new applications using a micro-services architecture, solidifying his view that MongoDB is a "play on the apps modernization mega-trend." The shares…

Amazon.com Inc (NASDAQ:AMZN) launched an online role-playing game to help the users pick up cloud-computing skills. AWS Cloud Quest: Cloud Practitioner allows the users to create their avatar who moves through a virtual city, helping its denizens solve technology-related cloud issues, CNBC reports.  Also Read: Read How Facebook’s Metaverse Ambitions Are Shaping Up In Mark…

Amazon.com Inc (NASDAQ: AMZN) Amazon Web Services head assured that its rapid growth would not lead to broader disruption for customers and internet users despite its recent "incredibly pa

The Wall Street Journal reports that activist investor Daniel Loeb sees about $1 trillion in untapped value at Amazon.com Inc (NASDAQ:AMZN). Loeb's Third Point LLC counts the e-commerce major as one of its most significant holdings. Third Point, as of the end of 2021, had an Amazon stake valued at $784 million. The fund…

"Cloud everywhere", development of artificial intelligence (AI)-supported software, the rollout of smart Internet of Things (IoT) devices as well as sustainability will be prevailing tech trends to watch in 2022, says Amazon Web Services (AWS), the cloud service arm under tech giant Amazon.