SAN FRANCISCO (Reuters) -Amazon cut at least hundreds of jobs in its Amazon Web Services cloud computing unit on Thursday, two sources said, just a month after CEO Andy Jassy warned that adoption of ...

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Cloud computing businesses are spending a ton now, but will reap the rewards later.

NEW YORK — Amazon on April 30 reported strong results for the first quarter, driven by growth in its cloud-computing unit and a new surge of advertising dollars from its Prime Video streaming service.

Amazon.com forecast third-quarter sales above market estimates on Thursday, July 31, but failed to live up to lofty expectations for its Amazon Web Services cloud computing unit after rivals handily ...

FILE - An Amazon logo appears on an Amazon delivery van in Boston, Oct. 1, 2020. Amazons cloud computing unit Amazon Web Services plans to invest $11 billion to build a data center in northern Indiana ...