Read more at The Guardian.
Amazon sales soar with boost from artificial intelligence and advertising
Revenue at Amazon Web Services increases to $25bn as retail giant releases earnings report surpassing Wall Street expectations
Amazon profits soared once again in the first quarter of 2024, the company announced on Tuesday – the latest in a series of robust earnings reports for the retail giant. The company attributed the boost to artificial intelligence and advertising sales.
Amazon reported overall revenue of $143.3bn in the first three months of the year – up 13% from the same period in 2023 and surpassing Wall Street expectations of $142.65bn. The e-commerce giant reported an increase of more than 200% to $15bn, with net income more than tripling to $10.4bn from $3.17bn at the same time in 2023.
Continue reading...Date: |
Sort by
Filter
Date
Items per page
-
Jewelers Turning to Artificial Intelligence for Online Advertising
Jewelers are increasingly exploring the technology’s potential to create new worlds in online campaigns.The New York Times - Business -
Can Artificial Intelligence Make the PC Cool Again?
Microsoft, HP, Dell and others unveiled a new kind of laptop tailored to work with artificial intelligence. Analysts expect Apple to do something similar.The New York Times - Tech -
Amazon Is Hosting a Massive Book Sale
Ebooks, paperbacks, and hardcover editions are deeply discounted through May 20.Wired - Tech - Amazon -
Skechers USA is getting a boost from its retail partner sales after more than a year of sluggish results in the overall category.
Skechers USA is getting a boost from its retail partner sales after more than a year of sluggish results in the overall category.The Wall Street Journal - World -
When Asked to Become Amazon’s New CEO, Andy Jassy Wanted to Speak With 1 Person First. It’s a Lesson in Emotional Intelligence
Andy Jassy was faced with a life-changing decision: Whether or not to be the first CEO to follow Jeff Bezos at Amazon. Before making a decision, he spoke to the person who mattered most.Inc. - Business -
Behind Zuckerberg's contrarian strategy to give away Meta's artificial-intelligence technology is a bet that making Silicon Valley's hottest new offering free will drive down competitors' prices and spread Meta's version more broadly.
Behind Zuckerberg’s contrarian strategy to give away Meta’s artificial-intelligence technology is a bet that making Silicon Valley’s hottest new offering free will drive down competitors’ prices and spread Meta’s version more broadly.The Wall Street Journal - World -
From sci-fi to reality: The dawn of emotionally intelligent AI
The future might see AI becoming an integral part of emotional support networks, providing companionship that feels empathetic and informed.VentureBeat - Tech -
Oliv unveils its AI copilot to boost sales team efficiency and deal closures
Oliv has launched its AI copilot for sales team that tackles mundane, but important, tasks that will free salespeople up to close more deals.VentureBeat - Tech -
The Paralympics open in 100 days. Paris organizers are launching a campaign to boost ticket sales
Paralympics organizers in Paris have a message they hope will encourage many more fans to buy ticketsABC News - Sports -
Apple looks to boost sales in China with hefty discounts as e-commerce festival gets underway
CNBC - Business - China
More from The Guardian
-
Israel-Gaza war live: ICC arrest warrant ‘attempt to deny Israel the right to defend itself’, says Israel defence minister
Yoav Gallant, named alongside Benjamin Netanyahu and Hamas leaders Yahya Sinwar and Mohammed Deif, criticises decision. Crowds have gathered in Tabriz in Iran to pay respects to those killed in a helicopter crash on Sunday, including the late ...The Guardian - World - Israel -
Russia-Ukraine war live: Ukraine ‘urgently’ needs more air defences against ‘rain of Russian missiles’, says German minister
Annalena Baerbock says situation in Ukraine has ‘dramatically deteriorated’ as Volodymyr Zelenskiy calls for Nato states to help intercept Russian missiles. A man was killed by Ukrainian shelling in the city of Donetsk, the Russian-installed mayor ...The Guardian - World - Ukraine -
EU data shows rise in employed young people living with parents
Proportion in Ireland rose from 27% in 2017 to 40% in 2022, as pandemic and cost of living crisis hit EU countries. ‘I’m screwed’: young adults forced to live with parentsThe proportion of employed young people living with their parents in the EU ...The Guardian - World - European Union -
More valuable than gold: New Zealand feather becomes most expensive in the world
The well-preserved huia bird feather was expected to fetch up to NZD$3,000 but ended up selling for more than NZD$46,000. A rare and highly prized feather from the extinct New Zealand huia bird has sold for NZD$46,521 (US$28,365), making it by far ...The Guardian - World - New Zealand -
New Caledonia unrest: Australia and New Zealand sending evacuation flights for stranded tourists
France gives clearance for several planes to bring home travellers stuck in French Pacific territory in wake of violent protests. People in New Caledonia: how have you been affected by the riots?Why is there unrest in New Caledonia? Everything you ...The Guardian - World - New Zealand