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(via Business Insider)

Jeff Bezos Flickr / James Duncan Davidson

Amazon Web Services is vastly overpowering its competition in the cloud computing market, says Synergy Research Group.

In its latest quarterly analysis, the market research firm says that AWS accounted for 45% of the revenue generated by public "infrastructure as a service" (IaaS) providers.

IaaS is the cloud market that Amazon helped to pioneer. It’s where companies rent computers and storage over the internet, only paying for what they use.

In the IaaS market, AWS is bigger than the next three players combined, which are Microsoft, Google… Continue reading

(via VentureBeat)

The artificial intelligence booth on the exhibition floor of Facebook's 2016 F8 developer conference.


Today a new nonprofit organization called the Partnership on Artificial Intelligence to Benefit People and Society announced its establishment. Participants include Amazon, Google (and Google’s DeepMind) Facebook, IBM, and Microsoft.

Those companies will put up money and research resources (that could mean talent, open-source code, or data). Company representatives will sit on the organization’s board alongside people from academia, the nonprofit world, and policy and ethics experts, according to a statement. Plans call for discussions, studies, reports, best practices, and public outreach in general.

“The objective of the Partnership on AI is to address opportunities and challenges… Continue reading

(via Slashdot)

Amazon is planning a pilot program in which a select group of workers will need to work for 30 hours a week, instead of the usual 40 to 70 hours, and make 75 percent of the salary + benefits (alternate source). From the report:Currently, the pilot program will be small, consisting of a few dozen people. These teams will work on tech products within the human resources division of the company, working Monday through Thursday from 10 a.m. to 2 p.m., with additional flex hours. Their salaries will be lower than 40-hour workers, but they will have the option to transition to full-time if they choose. Team members will be hired from inside and outside the company. As of now, Amazon does not have plans to alter the 40-hour workweek on a companywide level, the spokesman said.



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(via TechCrunch)

elemental-main Amazon announced this afternoon that it’s acquiring Elemental Technologies, a backend mobile video service.
It’s paying around $500 million in cash for the company, according to a new report from The Information. (Subscription required.)
Amazon didn’t immediately return a phone call or email request for comment about that figure.
The deal was orchestrated by… Read More

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Here’s how much you’re worth to these tech giants
Major internet tech companies like Facebook, LinkedIn, Amazon, Yelp, and Twitter only exist because you, the user, patronize them. The folks at HowMuch.net… have broken down what one person using the services of these companies is worth to that company.
Complete story at source:
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