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The Latest Breaking News from Amazon Web Services

Amazon to boost Thailand cloud infrastructure with B190bn investment

Amazon Web Services (AWS),the cloud computing division of Amazon.com Inc, said on Monday it plans to invest $5 billion (190 billion baht) in Thailand over the next 15 years to strengthen its infrastructure in the country.

Bangkok Post

As data centers proliferate, neighbors knock the noise

Northern Virginia has established itself as the world's largest home for data centers

The Independent UK

Amazon buying One Medical is only its most recent dive into the health care industry

Amazon is buying One Medical, a primary care practice. The tech giant has already stepped into the health care world, but experts said this is a big step to expand Amazon's physical health presence.

WEKU

From analysis to the latest developments in health,
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Microsoft Launches ‘Sovereign’ Cloud for Governments

Microsoft on Tuesday launched a public cloud for government customers, offering greater control over their data, and has signed up Italian defense group Leonardo and Belgian telecoms firm Proximus as partners. The COVID-19 pandemic has sparked a digital transformation in many public sector organizations, and Microsoft expects to use its…

Asharq Al-Awsat

Amazon, Microsoft, Google Strengthen Grip on Cloud

The pandemic period has been a boon for the trio of companies that dominate cloud computing. Now as the economy enters another tumultuous phase, Amazon.com Inc., Microsoft Corp. and Google appear poised to extend their strength.

Bangkok Post

Tigress Financial Lists Reasons Behind Bullishness On Amazon

Tigress Financial analyst Ivan Feinseth reiterated Amazon.com Inc (NASDAQ:AMZN) with a Buy and maintained a $232 price target. He saw ongoing momentum in Prime Membership, increasing traction with third-party sellers, strength in AWS, and growth and share price gains. He believed that growth in Prime membership, ongoing momentum in AWS, and increasing advertising revenue growth…

Benzinga

Ex-Amazon employee convicted in 2019 Capital One hack after bragging online

Over 100 million people were affected by Paige Thompson exploiting Amazon Web Services in 2016.

Input

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Amazon's Encrypted Chat App Faces Charges Of Child Abuse

Amazon.com, Inc (NASDAQ:AMZN) Amazon Web Services' encrypted messaging app Wickr Me has become a thriving destination for the exchange of child sexual abuse images, the NBC News reports citing court documents, online communities, law enforcement, and anti-exploitation activists. Experts and law enforcement officials alleged Amazon hardly addressed the problem, further encouraging such activities…

Benzinga

Microsoft aims to win the race to build a new kind of computer. So does Amazon

SEATTLE — The tech giants are locked in a race.

Tribune News Service

Peloton Taps Ex-Amazon Executive Liz Coddington As CFO

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…

Benzinga

Amazon shareholders approve $200M payout to CEO Jassy, reject worker safety, climate initiatives

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.

Tribune News Service

Amazon bags £425m in work from UK government as it is criticised over tax

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

The Guardian - UK

Google Jumps The Crypto Bandwagon To Win Cloud Market From Alibaba, Amazon, Microsoft

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…

Benzinga

Wolfe Sees Snowflake As 4th Hyperscaler After Amazon AWS, Microsoft Azure, and Google Cloud

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…

Benzinga

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Investors Business Daily

Boeing Splits Cloud Computing Contracts Among Amazon, Microsoft, Google

Boeing will split a huge cloud computing project among the three biggest service providers — Amazon, Microsoft and Google.

Benzinga

Completing The God Protocols: A Comprehensive Overview Of Chainlink

This article was originally published on SmartContent and appears here with permission.

Benzinga

UBS Bumps Up MongoDB Price Target By 30%

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…

Benzinga

Amazon Introduces Game Replicating Metaverse to Help Users Learn Cloud Computing

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…

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Benzinga

AWS Chief Exhibits Optimism Despite Recent Outages

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

Benzinga

Here's Why Activist Investor Daniel Loeb Sees ~$1 Trillion Untapped Value In Amazon

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…

Bangkok Post

AWS outlines leading trends, developments

"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.

TechRadar

Zoolz cloud backup review

Zoolz Cloud Backup uses Amazon Web Services network to provide an effective place to store backups and manage the distribution of contents.

IT Pro

Amazon Web Services review: AWS packs in more features than any other cloud service provider

In the cloud computing space, one name stands out, well above the rest; Amazon Web Services. Often referred to simply by its initialism, AWS is the software arm of the e-commerce giant that provides the backend infrastructure for pretty much half the online service you've most likely heard of. Migrating…

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