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Amazon’s cloud business – Amazon Web Services – recorded its strongest quarterly growth in almost three years


this was due to booming demand for computing power related to artificial intelligence. The company's shares rose about 13 per cent in after-hours trading on Thursday, after Amazon Web Services reported a 20 per cent increase in sales to $33 billion. Amazon's total revenues for the three months to the end of September rose 13 per cent to $180.2 billion, while net income rose nearly 40 per cent to $21.2 billion compared to the same period last year. Amazon 's capital expenditure on artificial intelligence infrastructure such as chips and data centres was $34.2 billion in the quarter, higher than the $31.5 billion expected by analysts, bringing the total spent so far this year to $89.9 billion. AWS has always been Amazon's 'golden goose'. Read also this article on Amazon's revenue breakdown.

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Amazon will lay off up to 30,000 workers


The cuts would amount to about 10% of the white-collar workforce of the online giant. Amazon's job cuts come as large companies in the US are looking for ways to reduce or slow their workforce growth, including by employing artificial intelligence. Rising prices, tightening labour markets and the ebb and flow of President Trump's trade war have prompted business leaders to look for ways to tighten their belts without hurting growth. More and more large companies are betting that they can grow without hiring. Read this article on the subject. Below: in front of the Seattle headquarters in 2016

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Three bars close in Italy every day. Fipe’s alarm: ‘We need a new business model’


In ten years, 21,000 premises closed. In 2025 the negative balance reaches 706. A proposal to build an integrated supply chain emerges. Over 21 thousand premises closed in ten years. 706 in the first six months of 2025 alone. Three a day, every day. And of those that open, only one in two is over five years old. In short, despite the fact that the sector is worth 20 billion euro, has 128 thousand businesses and employs 400 thousand people, 60% of whom are women, the bar sector is struggling to get by: costs are rising, earnings are dwindling. On coffee read here.