AWS' revenue run rate hits $16bn

Tom Wright
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Amazon results miss ended Jeff Bezos' stint as world's richest person
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Amazon results miss ended Jeff Bezos' stint as world's richest person

But Jeff Bezos' short stint as world's richest man is brought to abrupt end as Amazon misses quarterly targets, while analysts highlight fact that AWS' growth is slowing

Amazon shares have plummeted after the internet giant saw quarterly revenue grow, but profit fall 77 per cent. For the three months ending 30 June Amazon saw year-on-year revenue increase by 24....

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