Despite posting a solid Q1 earnings report and beating analysts' expectations by almost $3B, investors were more worried about an impending AWS growth slowdown. The company's share immediately fell 2.0% after CFO Brian Olavsky commented on customers potentially looking for alternatives to cut costs.
Amazon is all in on healthcare: after several major acquisitions in the field. The company announced a partnership with 3M to automate clinical documentation with artificial intelligence.
Good news for developers: AWS is adding new features to its security monitoring service Guard Duty. The new features widen coverage and offer continuous improvements in machine learning, anomaly detection, and integrated threat intelligence.
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Amazon is saying goodbye to Halo, its health-focused hardware division launched in 2020, in another cost-cutting effort. Customers who purchased or subscribed to the product in the last 12 months will be eligible for a full refund.