If you have touched your phone or computer today, you very likely have been touched by a vast business few outside the technology world are aware of. Maybe you've checked the Wall Street Journal or MarketWatch, traded a stock on Robinhood, bet on a football game through DraftKings, or posted on Pinterest or Yelp; ordered treats for Fido on Chewy or treats for yourself on DoorDash; submitted an expense report on Workday or made plans for the evening via Tinder, OkCupid, or Hinge.
If so, you did it with the help of Amazon Web Services. The less glamorous sibling to Amazon's operations in ecommerce, streaming video, and smart devices, AWS is no less ubiquitous, deploying millions of computers worldwide, humming away somewhere in the cloud.
For all those AWS customers the on-demand cloud computing platform isn’t just another vendor. They rely on it so heavily that it resembles a public utility—taken for granted, but essential to keep the machinery humming.
In the past 12 months each of the companies mentioned above has stated in Securities and Exchange Commission filings that they would be adversely impacted” if they lost their AWS service. Hundreds more companies—Netflix, Zoom, Intuit, Caesars Entertainment—have reported the same risk factor to the SEC in the past year. By the way, the SEC uses AWS. So does Fortune.)
Denne historien er fra December 2022 - January 2023-utgaven av Fortune US.
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Denne historien er fra December 2022 - January 2023-utgaven av Fortune US.
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KKR'S $1 TRILLION GAMBLE
The co-CEOs of KKR have a radical strategy to supercharge growth - and chart a path far different from that of their mentors, Henry Kravis and George Roberts.
THE SHIPWRECKED LEGACY OF MIKE LYNCH
THE BRITISH TECH MOGUL SOLD HIS COMPANY FOR $11 BILLION, THEN SPENT YEARS FIGHTING FRAUD CHARGES. HIS SHOCKING DEATH HAS LEFT MANY UNANSWERED QUESTIONS ABOUT HIS LIFE.
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Kamalanomics: Harris's Road Map for Business
Vice President Kamala Harris hasn't done much to woo Big Business. Many executives would still rather take their chances with her than the alternative.
Mary Barra
The CEO of General Motors accelerates into our top spot.
MPW - MOST POWERFUL WOMEN 2024
WHEN FORTUNE launched its Most Powerful Women list in 1998, women were just starting to trickle into the C-suite in significant numbers.
WHO HAS TIME FOR A POWER LUNCH? THE REAL BUSINESS HAPPENS AT 4 P.M. 'POWER HOUR.'
THE SUN is pouring in through the floor-to-ceiling windows when the bar begins to fill with bespoke suits on a Tuesday in August at Four Twenty Five. The new restaurant from Jean-Georges Vongerichten is on the first floor of a Midtown Manhattan skyscraper, beneath the offices of financial giant Citadel Securities. And the traders are thirsty.
HOW TO TAKE ADVANTAGE OF THE FED'S BIG RATE CUT
THE WAIT IS OVER. After more than a year of will-they-or-won't-they, the Federal Reserve on Sept. 18 announced the first cut to its benchmark Federal funds rate since the early days of the COVID-19 pandemic, a 50-basis-point drop that Chairman Jerome Powell signaled is likely the first of many.
FOR GEN Z AT WORK, THE GENERATION GAP IS A WELLNESS GAP. HERE'S HOW TO BRIDGE IT
FOR ONE nonprofit executive director, it was a 2022 New York City subway shooting that highlighted the stark differences between how he, a 55-year-old, and his Gen Z staffers show up to work.
