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Amazon's AWS Shows Signs of Weakness as Competitors Charge Ahead

3 months 3 weeks ago
Amazon Web Services basically invented the cloud computing business and once held nearly half the market. That dominance is slipping. AWS captured 38% of corporate spending on cloud infrastructure services last year, down from almost 50% in 2018, according to Gartner. Microsoft now grows its backlog of corporate sales faster than Amazon. The company that brushed aside incumbents and transformed an internal startup into Amazon's profit engine now faces internal bureaucracy that has slowed it down. Bloomberg interviewed 23 current and former AWS employees who described management layers that proliferated after a pandemic hiring binge. One sales engineer who was six managers from Jeff Bezos before the pandemic found himself fifteen rungs from CEO Andy Jassy earlier this year. AWS hesitated to invest in Anthropic when the AI startup was spending most of its cash on Amazon servers. Executives doubted the Anthropic AI could be monetized and were culturally reluctant to pay for external technology they believed could be built in-house. Google invested in early 2023. Amazon followed that September with $4 billion in commitments. On Thursday, Google said it will supply up to 1 million AI chips to Anthropic.

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Hackers Used Thousands of YouTube Videos To Spread Malware

3 months 3 weeks ago
Hackers have been spreading malware through more than 3,000 YouTube videos advertising cracked software and game hacks, cybersecurity firm Check Point warned this week. The campaign, active since at least 2021, tripled its video production in 2025. The videos promoted free versions of Adobe Photoshop, FL Studio, Microsoft Office, and game cheats for titles like Roblox. Fake comments created the appearance of legitimacy, the researchers found. Users who downloaded archives from Dropbox, Google Drive, or MediaFire were instructed to disable Windows Defender before opening files. The downloads contained malware including Lumma and Rhadamanthys, which steal passwords and cryptocurrency wallet information. The hackers hijacked existing accounts and created new ones. One compromised channel with 129,000 subscribers posted a cracked Photoshop video that reached 291,000 views. Another video for FL Studio received over 147,000 views.

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Intel Has Cut 35,500 Jobs in Less Than Two Years

3 months 3 weeks ago
An anonymous reader shares a report: The first announcement that Lip-Bu Tan made a day after becoming the permanent chief executive of Intel was about massive layoffs to right-size the company in accordance with market realities. Now, the extent of those layoffs is becoming clearer, indicating Intel let go of as many as 20,500 employees in about three months. If we add 15,000 positions eliminated by the previous management, that means Intel reduced its headcount by 35,500 people in less than two years.

Read more of this story at Slashdot.

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