Amazon Web Services continued to perform well in the three months to Dec. 31, with revenue growing 40% to nearly $17.8 billion compared to the previous year, putting the cloud unit on a $71 billion annualized sales rate. AWS’ operating income grew 49% to $5.3 billion. Google Cloud, by comparison, reported sales growth of 45% to $5.5 billion for the three months to Dec. 31 compared to last...
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Let The Mixed-Reality Headset Games Begin
You don’t need special glasses to see why Meta Platforms announced its latest mixed-reality headset, the Quest 3, on Thursday, just days before Apple is expected to unveil its own entry to the field. CEO Mark Zuckerberg has literally bet the company, and its name, on the metaverse, but the results so far have been disappointing. It’s been almost a decade since Meta, née Facebook, stepped...
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