The e-commerce company for the first time broke out financial details of its secretive cloud computing unit, Amazon Web Services, on Thursday, saying revenue jumped almost 50 percent to $1.57 billion, or about 7 percent of total revenue. The unit's operating income grew 8 percent to $265 million.
Read moreBy Kshitiz Goliya (Reuters) – Amazon.com Inc said on Friday it drew more than 10 million new members to its Prime shipping and digital content service over the holidays and intends to offer one-hour shipping to more cities in 2015. Amazon considers its $99-a-year Prime membership, which confers free two-day shipping and streaming of select movies and songs, essential to driving its growth and margins.
Read moreBy Edwin Chan SAN FRANCISCO (Reuters) – Popular photo-sharing service Instagram on Saturday took down the account of the man said to be behind the “assassination” of two New York City police officers, after the 28-year-old gunman’s veiled threats and provocative messages went viral in the wake of the execution-style shootings. Posted just hours before Ismaaiyl Brinsley allegedly walked up to two officers in a parked squad car in Brooklyn and shot them dead, the dark messages again cast a spotlight on the role of social media in spotting and revealing public threats of violence.
Read moreBy Jack Kim and Steve Holland SEOUL/WASHINGTON (Reuters) – North Korea said on Saturday U.S. accusations that it was involved in a cyberattack on Sony Pictures were “groundless slander,” and that it wanted a joint investigation into the incident with the United States
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