Q3 earnings find Apple and Google looking to the future for hardware rebounds

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“5G is a once-in-a-decade kind of opportunity,” Tim Cook told the media during the Q&A portion of Apple’s Q3 earnings call. “And we could not be more excited to hit the market exactly when we did.” The truth of the matter is its timing was a mixed bag. Apple was, by some accounts, late to […]

Cloud infrastructure revenue grows 33% this quarter to almost $33B

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The cloud infrastructure market kept growing at a brisk pace last quarter, as the pandemic continued to push more companies to the cloud with offices shut down in much of the world. This week the big three — Amazon, Microsoft and Google — all reported their numbers and, as expected, the news was good, with […]

Amazon pegs COVID-19 costs at an estimated $4 billion next quarter

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Amazon expects to incur $4 billion in COVID-related costs next quarter, an estimate that provides a bellwether for other businesses, large and small, trying to stay operational and control expenses amid the pandemic. The upshot: Amazon is planning for COVID to remain an unwelcome companion through the end of the year with costs higher than […]

Amazon crushes Q3 expectations even without Prime Day bump

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Amazon has continued to reap the rewards of a society increasingly dependent on ecommerce — a trend further fueled by the COVID-19 pandemic. The company crushed analyst expectations Thursday, reporting net income of $6.3 billion in the third quarter, or $12.37 per diluted share, compared with $2.1 billion in net income, or $4.23 per diluted […]

India’s WareIQ raises $1.65M for its Amazon-like delivery platform for sellers

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Despite e-commerce firms Amazon and Walmart and others pouring billions of dollars into India, offline retail still commands more than 95% of all sales in the world’s second largest internet market. The giants have acknowledged the strong hold neighborhood stores (mom and pop shops) have in the country, and in recent quarters scrambled for ways […]

Spotify hits 320 million monthly active users

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In its latest quarterly financial report, Spotify announced that it had crossed 320 million active monthly users. That marks a 29% growth for the quarter, coming on the heels of what seems to be a rather successful launch into the Russian market. Of that number, it now counts 144 million paid users — a 27% […]

Apple’s Jeff Bigham, disability rights lawyer Haben Girma, author Sara Hendren and more to...

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The other day we announced the first ten sessions for Sight Tech Global, a virtual event Dec. 2-3 that is convening the world’s top technologists to discuss how AI-based technologies are revolutionizing the future of accessibility. Today, we’re pleased to announce three additional sessions. Registration is free and and open now. Designing for everyone: Accessibility […]

Audible further expands into podcasts

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Audible, the Amazon-owned audiobook company, is further expanding into podcasts with the addition of approximately 100,000 of podcasts, totaling 5 million episodes to its service. The shows will be offered for free streaming to Audible members and non-subscribers alike, Audible says. Included in the new lineup are top podcasts like Pod Save America, You’re Wrong […]

Hej! Amazon opens Amazon.se in Sweden to expand in Europe

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Amazon is the biggest online retailer in Europe, and today it took the next step in making that effort more localized. The company has launched a dedicated portal for Sweden at Amazon.se — giving Swedish shoppers, third-party merchants and itself a local URL — and a local logistics system, and a local marketing push — […]

Amazon turns your Fire tablet into a smart home control hub

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You don't have to talk to Alexa or launch an app.
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