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Amazon revenue grows 29% to $56.6 billion in Q3 2018, AWS up 46%

(Reuters) — Amazon.com on Thursday forecast vacation season gross sales that dissatisfied Wall Side road, attributing what could be its lowest expansion in years extra to accounting problems than to any slowdown in trade for the arena’s greatest on-line store. Stocks fell eight % in after-hours industry. Amazon’s third-quarter gross …

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Despite record profits, Amazon shares sink on disappointing sales

The net retail large has been a scorching inventory this yr. The inventory has received 49% in worth this yr, trailing handiest Netflix. However it had some mildly disappointing information for Wall Boulevard lately. Analysts had anticipated third-quarter revenues of $57.1 billion in income, however Amazon reported $56.6 billion—which continues to …

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Apple appears to have blocked GrayKey iPhone hacking tool

Apple has it seems that been in a position to completely block de-encryption era from a mysterious Atlanta-based corporate whose blackbox tool used to be embraced by means of executive businesses to avoid iPhone passcodes. Atlanta-based Grayshift is one among two corporations that claimed it might thwart Apple iPhone passcode safety …

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Alphabet stock falls as worries over the Amazon threat grow

Alphabet’s inventory is down a bit of after the corporate reported 3rd quarter revenues that have been moderately not up to analyst expectancies. The Google umbrella corporate reported revenues of $33.7 billion, whilst Wall Side road had anticipated $34.04 billion. 3rd quarter internet source of revenue was once $nine.19 billion. …

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