Amazon is laying off an unspecified number of employees in its cloud computing division, the company confirmed. The company has continued to lay off groups of employees this year after cutting more ...

SAN FRANCISCO (Reuters) -Amazon cut at least hundreds of jobs in its Amazon Web Services cloud computing unit on Thursday, two sources said, just a month after CEO Andy Jassy warned that adoption of ...

NEW YORK — Amazon on April 30 reported strong results for the first quarter, driven by growth in its cloud-computing unit and a new surge of advertising dollars from its Prime Video streaming service.

(Reuters) -Amazon.com shares fell 7% on Friday as the tech giant's results fanned investor fears its cloud unit was falling behind Microsoft and Alphabet in the artificial intelligence race. Amazon ...

Both are leaders in the cloud computing space, but their investment cases are quite different.