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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

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Google’s hybrid cloud platform is coming to AWS and Azure

Google’s  Cloud Services Platform for managing hybrid clouds that span on-premise data centers and the Google cloud is coming out of beta today. The company is also changing the product’s name to Anthos, a name that either refers to a lost Greek tragedy, the name of an obscure god in the Marvel universe or rosemary.… Read more