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Amazon Web Services

High standards inspire Amazon

High standards inspire Amazon

Amazon.com late last month reported extraordinarily robust financial results for the quarter ended March 31. Sales at the e-commerce and technology company jumped 43% to $51 billion, while net earnings more than doubled to $1.6 billion. With ad revenue and Amazon Web Services showing notable strength, the company generated gains across the board. Of particular

Amazon to raise Prime subscription fees by 20%

Amazon to raise Prime subscription fees by 20%

SEATTLE — Amazon.com Inc. said Thursday that it would raise the annual subscription fee for its Prime members in the U.S. to $119 from $99, an increase of 20%. The announcement came as Amazon reported strong sales and earnings gains for the first quarter ended March 31. “We continue to increase the value of Prime,