TechLife News

AMAZON REPORTS STRONG 1Q RESULTS DRIVEN BY ITS CLOUD-COMPUTING UNIT AND PRIME VIDEO AD DOLLARS

Amazon reported this week strong results for the first quarter, driven by growth in its cloud-computing unit and new advertising dollars from its Prime Video streaming service.

The Seattle-based e-commerce giant said it brought in $143.31 billion in revenue in the first three months of this year, a 13% jump compared to the same period last year. Net income came out to $10.43

You’re reading a preview, subscribe to read more.

More from TechLife News

TechLife News2 min read
Meta Under Fire From European Union For Not Doing Enough About Election Disinformation
The European Union said this week that it’s investigating Facebook and Instagram for suspected violations of the bloc’s digital rulebook, including not doing enough to protect users from foreign disinformation ahead of EU-wide elections. The European
TechLife News3 min read
Asteroids, Myst, Resident Evil, Simcity And Ultima Inducted Into World Video Game Hall Of Fame
The World Video Game Hall of Fame inducted its 10th class of honorees Thursday, recognizing Asteroids, Myst, Resident Evil, SimCity and Ultima for their impacts on the video game industry and popular culture. The inductees debuted across decades, adv
TechLife News3 min readIntelligence (AI) & Semantics
One Tech Tip: How To Spot Ai-generated Deepfake Images
AI fakery is quickly becoming one of the biggest problems confronting us online. Deceptive pictures, videos and audio are proliferating as a result of the rise and misuse of generative artificial intelligence tools. With AI deepfakes cropping up almo

Related Books & Audiobooks