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Amazon said its cloud computing service was recovering from a major outage that disrupted online activity around the world.
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How cloud computing became the world’s quiet addiction
Cloud computing is one of the best business models of the 21st century, but it comes with a catch: addiction by design. Amazon Web Services, Microsoft Azure, and Google Cloud lure startups with free tiers and credits,
Amazon posted higher fiscal third quarter profit and sales compared with a year ago, fueled by accelerating growth in its cloud computing business and strong spending by its customers looking for low prices at a time when inflation is resurging.
Amazon said its cloud computing service was recovering from a major outage that disrupted online activity around the world on Monday.
Advertising services continued to perform strongly, generating $17.7 billion in revenue, up 24 percent compared to Q3 2024. Subscription services, which include Prime memberships and digital content like video, music and e-books grew 11 percent to $12.6 billion.
Advancements in cloud-native applications help businesses to continuously migrate their operations from on-premises and hybrid data centers to the cloud.
An Amazon Web Services outage has caused significant issues for a number of high-profile websites Monday morning, including Snapchat, Roblox, Fortnite, online broker Robinhood and the McDonald's app.
As the costs for cloud services continue to rise, companies need to determine if the business value of those services is worth the price tag. Value refers to the worth or usefulness that something holds for individuals or organizations. It is subjective ...