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Amazon has the largest storage space -- 260 million cubic space available for any seller to use. Sellers continue to use Amazon's facilities so that they do not have to do the operational logistics to ship the product. VOA

Amazon joined the $1-trillion club with Apple, Microsoft and Alphabet after shares climbed nearly 11 per cent in extended trading as the retail giant reported $87.44 billion in sales – 21 per cent increase (Year-on-Year) — for its fourth quarter that ended on December 31, 2019.

Amazon’s Cloud business reported $9.95 billion in sales, up 34 per cent from the year-ago quarter.


Net income increased to $3.3 billion in the fourth quarter, or $6.47 per diluted share, compared with net income of $3 billion, or $6.04 per diluted share from fourth quarter in 2018.

Jeff Bezos, Amazon founder and CEO said that Prime membership continues to get better for customers year after year.

“And customers are responding as more people joined Prime this quarter than ever before, and we now have over 150 million paid Prime members around the world,” Bezos said in a statement late Thursday.

“Members now have free two-hour grocery delivery from Amazon Fresh and Whole Foods Market in more than 2,000 US cities and towns,” he added.

For the full calendar year 2019, the net sales increased 20 per cent to $280.5 billion — compared with $232.9 billion in 2018. Net income increased to $11.6 billion in 2019, compared with net income of $10.1 billion in 2018.

Amazon announced there are now hundreds of millions of Alexa-enabled devices in customers’ hands and customers interact with Alexa billions of times each week.


Amazon Web Services Open Data sets with granularity will let drone developers innovate further and deeper. With industry-leading compute, storage, database, IoT, AI and L, drone developers and operators can now test new ideas quickly, and accelerate innovation. IANS

Fire TV now has more than 40 million active users worldwide. Amazon announced the new Fire TV Edition at CES 2020, which includes a set of tools, features, and services that make it even easier for developers, operators, device makers, and manufacturers to integrate Fire TV into their products.

BMW and Fiat Chrysler Automobiles are among the first automakers to introduce Fire TV in their future vehicles.

Amazon Music has more than 55 million customers worldwide, said the company.

The company mentioned recent investment announcements during Bezos’ India visit which was marred by Delhi’s political heat amid traders’ ire.

“Amazon pledged to invest $1 billion to help digitize traders and micro, small, and medium-sized businesses (MSMBs) across India, with the goal of bringing more than 10 million MSMBs online by 2025,” said the company.

Today, there are more than 550,000 sellers on Amazon India marketplace, more than 60,000 Indian manufacturers and brands are exporting their “Make in India” products to customers worldwide on Amazon.

“We expect our new $1 billion investment to enable $10 billion in cumulative Indian exports by 2025,” it added.

Since launching amazon.in in 2013, Amazon has created more than 700,000 direct and indirect jobs in India.


Amazon.in arrived in India on June 5, 2013 and for world’s top billionaire Jeff Bezos, has transformed the way the country buys and sells. VOA

In January, Amazon announced plans to create an additional one million jobs in India by 2025, with continued investments in technology, infrastructure, and logistics.

Since 2014, Amazon has grown its employee base more than four times, and last year inaugurated its new campus building in Hyderabad, Amazon’s first fully-owned campus outside the United States and the largest building globally in terms of employees and space.

Amazon India announced it will have 10,000 electric vehicles in its delivery fleet by 2025.

In 2019, authors earned more than $300 million from the Kindle Direct Publishing (KDP) Select Global Fund, totaling more than $1.1 billion since the launch of Kindle Unlimited, said the company.

Millions of independent authors have self-published millions of books through KDP since launching the service in 2007. Additionally, thousands of independent authors earned more than $50,000, with more than a thousand surpassing $100,000 in royalties in 2019 through KDP.

Independent third-party sellers, mostly small and medium-sized businesses, sold more than a billion items during the holiday season, including more than 100 million items shipped with Prime Free One-Day Delivery.

AWS announced several significant new customer commitments and migrations during the quarter spanning major industries.

Also Read: Aspirin May Be Considered As a Safer Option To Treat Migraine, Says Study

AWS announced the general availability of AWS Outposts, a fully-managed service that extends AWS infrastructure and services to virtually any data center, co-location space, or on-premises facility.

AWS announced six new capabilities for Amazon SageMaker, a fully-managed service that removes the heavy lifting from each step of the machine learning process.

AWS also announced five new artificial intelligence (AI) services designed to put machine learning in the hands of more developers. (IANS)


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Milky Way galaxy as seen from Chitkul Valley

NASA's Chandra X-ray Observatory has for the first time spotted signs of a planet transiting a star outside of the Milky Way galaxy, opening up a new avenue to search for exoplanets at greater distances than ever before.

The possible exoplanet -- or planets outside of our Solar System -- candidate is located in the spiral galaxy Messier 51 (M51), also called the Whirlpool Galaxy because of its distinctive profile, NASA said in a statement.

Astronomers have, so far, found all other known exoplanets and exoplanet candidates in the Milky Way galaxy, almost all of them less than about 3,000 light-years from Earth.

An exoplanet in M51 would be about 28 million light-years away, meaning it would be thousands of times farther away than those in the Milky Way, NASA said.

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The exoplanet candidate was spotted in a binary system called M51-ULS-1, located in M51. This binary system contains a black hole or neutron star orbiting a companion star with a mass about 20 times that of the Sun. The X-ray transit they found using Chandra data lasted about three hours, during which the X-ray emission decreased to zero.

Based on this and other information, the team estimates the exoplanet candidate in M51-ULS-1 would be roughly the size of Saturn and orbit the neutron star or black hole at about twice the distance of Saturn from the Sun.

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However, more data would be needed to verify the interpretation as an extragalactic exoplanet. One challenge is that the planet candidate's large orbit means it would not cross in front of its binary partner again for about 70 years, thwarting any attempts for a confirming observation for decades, NASA said.

Named in honor of the late Indian-American Nobel laureate, Subrahmanyan Chandrasekhar, the Chandra X-ray Observatory is the world's most powerful X-ray telescope. It has eight times greater resolution and is able to detect sources more than 20-times fainter than any previous X-ray telescope.

Known to the world as Chandra (which means "moon" or "luminous" in Sanskrit), Chandrasekhar was widely regarded as one of the foremost astrophysicists of the twentieth century. (IANS/JB)


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