Tag Archives: amzn

Amazon, Microsoft Raze Barracuda Cloud; Stock Crashes

Tech giants Microsoft (MSFT) and Amazon (AMZN) “hijacked” Barracuda Networks’ (CUDA) Q3 cloud business, a William Blair analyst said Friday as Barracuda stock crashed to a record low on the company’s third consecutive billings miss. Intraday on the stock market today, Barracuda stock plunged nearly 34%, trading below 11 at a new low. Friday marked the second time ever that shares have dipped below Barracuda’s November 2013 IPO at 18. Barracuda

Amazon Eclipsed Rivals In Holiday Web Traffic

E-tail juggernaut Amazon.com (AMZN) received more website visits throughout the holiday season than the next four sites combined — eBay (EBAY) Wal-Mart (WMT), Target (TGT) and Macy’s (M), Cowen analyst John Blackledge wrote in a report about holiday e-commerce released Thursday. Mobile was the story in the holiday shopping season as mobile devices frequented cybershelves, driving the most traffic for retailers and e-tailers alike, according to

Amazon.com Cloud Business Starts Selling Chips

As Amazon.com (AMZN) continues to expand its cloud computing business, Amazon Web Services, it has announced that it will begin to manufacture and sell microprocessors that can be used to support AWS, among other uses. Last year, Amazon acquired the Israel-based Annapurna Labs — now based in San Jose, Calif. — which is producing the chips designed for home equipment such as Wi-Fi routers and Internet of Things devices, data storage and media