This week on the GeekWire Podcast: Amazon’s latest results demonstrated its extraordinary flexibility and ability to overcome challenges in the broader economy using the built-in safeguards in its business, most notably the Amazon Web Services cash machine. Amazon spent an extra $4 billion to keep its business running smoothly despite a clogged economy.
Plus, Microsoft hires an Amazon veteran to take on “one of the greatest challenges of our time,” and Seattle startup Cloud Paper raises $5 million in new funding for its environmentally friendly, tree-free toilet paper.
Listen above, or subscribe in any podcast app, and see links to related stories below.
Amazon profits nearly double to $14.3B, boosted by Rivian stake, as company hikes Prime fees
- Amazon adds the equivalent of one AT&T or two Fords in market value.
- Prime membership cost going up $20 to $139 per year.
- Company would have posted $1.B operating loss in Q4 if not for AWS.
- Amazon and Starbucks to open two additional ‘Pickup and Go’ stores.
Former Amazon exec inherits Microsoft’s complex cybersecurity legacy in quest to solve ‘one of the greatest challenges of our time’
Flush with cash: Bezos and big-name celebs get behind tree-free toilet paper startup with $5M
Edited by Curt Milton; theme music by Daniel L.K. Caldwell