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Apple’s cloud business is hugely dependent on Amazon

Apple’s future beyond the iPhone increasingly involves software services, ranging from Apple Music and iCloud to its new TV Plus video offering and its News Plus magazine subscription. Yet a big factor in helping those cloud-based services operate across its nearly 1.5 billion active devices simultaneously is the company’s ongoing contract with Amazon, specifically Amazon’s cloud computing division. According to CNBC, Apple is one of Amazon Web Services’ biggest customers, with monthly payments to the cloud division totaling more than $30 million and increasing.… Read more

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Amazon has its most profitable quarter ever, but growth is slowing

Amazon wants to continue its dominance over e-commerce, but it can only grow so much. In its first quarter earnings posted today, Amazon revealed record-high profit, more than double what investors predicted, and revenue was in line with Wall Street expectations, at $59.7 billion. But the company is again entering a period of high spending that, coupled with its slow revenue growth, may prove an obstacle down the line.… Read more

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Amazon has its most profitable quarter ever, but growth is slowing

Amazon wants to continue its dominance over e-commerce, but it can only grow so much. In its first quarter earnings posted today, Amazon revealed record-high profit, more than double what investors predicted, and revenue was in line with Wall Street expectations, at $59.7 billion. But the company is again entering a period of high spending that, coupled with its slow revenue growth, may prove an obstacle down the line.… Read more

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Google Cloud is using Anthos and AutoML to differentiate itself from AWS and Azure

Google Cloud now is now using Anthos and AutoML to differentiate itself from market leaders Amazon Web Services (AWS) and Microsoft Azure, chief AI scientist Andrew Moore and product management director Rajen Sheth told VentureBeat. “If I’m running a small business or startup that is depending on the cloud provider’s technology, if I go with Google I can actually sell to customers the ability to run their models on premise, or on GCP, or other clouds, so this huge flexibility helps,” Moore told VentureBeat in a conversation with reporters Thursday.… Read more