Amazon reveals that its AWS cloud service is a $5 billion business

From CNET: Amazon CEO Jeff Bezos has been one of the industry's big spenders as he strives to make the company all things to all people, fashioning Amazon as a grocery store, entertainment producer and device maker.

The company on Thursday reported results for the first three months of 2015 that...

Google launches Project Fi, its combo cellular and Wi-Fi network

From InfoWorld: Google launched its own ambitious wireless network primarily in the U.S. on Wednesday in partnership with Sprint and T-Mobile.

Calling it Project Fi, Google promised seamless wireless connections, initially for Nexus 6 smartphone users, whether they are within more than 1 million...

Qualcomm hit by China fine, cut in Samsung business

From PC World: Qualcomm’s second-quarter profit dropped 46 percent, mainly because of a large fine the company had to pay in China for settling antitrust issues.

The chip company also cut its revenue outlook for 2015, citing loss of business for its Snapdragon processor from key customer Samsung...

eBay sales, profit rise as PayPal expects to sail off in third quarter

From CNET: eBay's year got off to a strong start, with the company on Wednesday reporting better-than-expected sales and some lower costs, likely benefiting from previously announced job cuts.

The e-commerce pioneer also said its planned spinoff of PayPal will happen in the third quarter this year...

New Office 365 features appease the cloud-wary

From InfoWorld: To overcome emotional barriers to cloud computing, cloud providers often give customers complete control over their data, including encryption keys. Microsoft has been unveiling features in that vein for Azure, and yesterday, the company took a few more steps in that direction with...

Google's wireless service expected to launch soon, report says

From CNET: Google has been readying its own wireless service for smartphones, and it could launch in the US as early as Wednesday, according to a report by The Wall Street Journal.

The service, which would compete with local wireless providers like AT&T and Verizon, is expected to let customers pay...

Mac sales up 8% as industry remains in doldrums

From InfoWorld: Apple next week will again boast that sales of its Mac line of personal computers beat the industry average, assuming estimates by researcher IDC hold up.

IDC published Q1 shipment estimates last week for the top five PC makers -- dubbed OEMs for "original equipment manufacturers --...

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