AWS can’t help Amazon avoid first loss since 2015

AWS can’t help Amazon avoid first loss since 2015

Amazon’s fast-growing cloud division couldn’t help its parent company avoid posting its first quarterly loss since 2015.Amazon Web Services saw revenue grow by 37% to $18.4 billion for the first quarter of 2022. That amounted to an operating profit of $6.5 billion,...
AWS can’t help Amazon avoid first loss since 2015

Why public clouds lead with renewables

It’s no surprise that the top tech companies are also the top cloud companies. It’s also no surprise that these top tech companies are making big investments in green energy. Amazon, Microsoft, and Meta are now the three largest buyers of solar and wind power,...