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Amazon’s online store sales dip below 40% of net sales for first time, and other earnings notes

GeekWire

The chart below is what Amazon’s net sales look like in raw numbers over the past several years, broken down into the major business segments reported by the Seattle-based company. Here are the same results, expressed as a percentage of net sales. Amazon is undergoing a steady transformation under CEO Andy Jassy.

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Impinj stock soars 20% after beating Q1 estimates

GeekWire

The Seattle-based RFID-maker reported revenue of $76.8 The company posted GAAP net income of $33.3 million, which was boosted by $45 million from the settlement of recent patent litigation that also includes an annual license fee.

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Leafly lays off 40 employees, marking its second round of cuts in a year

GeekWire

(Leafly Image) Update: Leafly said that it would lay off 40 employees, or about 21% of its workforce, as part of its fourth quarter earnings report. It reported revenue of $12.1 million in Q4, in line with the year-ago quarter, and a net loss of $5.8 Leafly cut 56 positions, or 21% of its workforce at the time, in October.

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John Krasinski’s adorable YouTube series ‘Some Good News’ is moving to CBS All Access

The Verge

ViacomCBS is licensing John Krasinski’s heartwarming weekly YouTube series Some Good News , making a once totally free and accessible show now locked behind a streaming paywall. New episodes of Some Good News will stream exclusively on ViacomCBS’s streaming service, CBS All Access, according to The Hollywood Reporter.

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Microsoft buys AI speech tech company Nuance for $19.7 billion

The Verge

The deal includes Nuance’s net debt. Nuance has licensed this tech for many services and applications, including, most famously, Apple’s digital assistant Siri. News of the Nuance acquisition was first reported over the weekend by Bloomberg, and it’s the latest example of Microsoft’s purchasing spree.

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Oracle touts AI as major driver of Q3 gains

CIO Business Intelligence

Oracle’s latest financial report boasts substantial increases in revenue, net income, and earnings per share, largely thanks to cloud sales, which the company was quick to credit to the rise of AI.

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Leafly avoids Nasdaq delisting after meeting minimum price requirements

GeekWire

Founded in 2010, the company’s online marketplace lets customers shop and select cannabis products from licensed retailers. The company reported second quarter revenue of $10.7 million, down 11% year-over-year, and a net loss of $1.4 Leafly’s stock was trading around $6.30 It also serves as an educational resource.

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