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Zoom revenue spikes to $328M in Q1; CEO thanks Amazon Web Services for help meeting demand

GeekWire

Zoom CEO Eric Yuan gave a special shout-out to longtime partner Amazon Web Services and its CEO Andy Jassy for helping the company meet demand. AWS posted net sales of $10.2 Zoom does not report monthly active user numbers but CNBC cited its mobile app at a whopping 173 million monthly active users, up from 14 million in March.

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Amazon’s potential investment in Rackspace would link longtime players in the cloud

GeekWire

billion and a net loss of $102.3 Net sales in Amazon’s cloud computing division, Amazon Web Services, were $35 billion over the same time frame , with operating profits of $14.5 Based in San Antonio, Texas, Rackspace reported revenue of $2.4 million in 2019.

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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 Web Services posted revenue of $22.1

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Amazon sales of $113B disappoint Wall Street but profits of $7.8B exceed expectations

GeekWire

Amazon posted net sales of 113.1 The result was within the range of the company’s previously issued guidance of net sales between $110 billion and $116 billion. However, Wall Street analysts had expected Amazon to report overall net sales of $115 billion, on average, a 29% increase year-over-year. billion or $15.12

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Jeff Bezos sells more than $2.4B in Amazon stock

GeekWire

Bezos is the world’s richest person, currently with a net worth of $191 billion, according to Bloomberg. He is stepping down as CEO later this year and will be replaced by Amazon Web Services chief Andy Jassy. 21 on Bloomberg’s list with a net worth of $57.8 Bezos owned 14% of Amazon as of Feb.

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LinkedIn Shuts Down Four XSS Flaws, Is wireless the Trojan horse in your network security? and more

CTOvision

There are also many web services only available via IE (ugh). Via Help Net Security, more here. ” Via Help Net Security, more here. .” IE is still one of the most widely used browsers in the world (I don’t know why , but I’m looking at you, USG), and thus any vulnerabilities should concern us all.

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Amazon will have a new CEO as Jeff Bezos transitions to executive chair later this year

The Verge

Andy Jassy , who currently serves as CEO of Amazon Web Services (AWS), will replace Bezos as Amazon CEO. Bezos has also prospered as head of the company, with skyrocketing wealth that ( until just a few weeks ago ) made him the single richest human on Earth, with a net worth of nearly $180 billion.