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ICYMI Weekly Tech News Highlights February 17, 2017

By boundless team in · Technology · February 17, 2017

ICMYI Weekly Tech News Highlights is a weekly roundup of relevant technology posts from around the web.

Amazon Web Services: The Secret to the Online Retailer's Future Success

But there’s another chunk of Amazon that you’re less likely to know about. It’s responsible for a full tenth of the company’s revenues, yet its “operating income” -- the amount of money it leaves in Amazon’s coffers once expenses are accounted for -- dwarfs any other sector, pulling in $861m compared to the $255m Amazon makes in North American sales and the $541m it loses internationally.

Our thoughts: When their competitors use AWS, Amazon wins regardless of who end users pick.

Ford spending $1 billion on self-driving artificial intelligence

Ford announced today a $1 billion investment in machine-learning startup Argo AI. Through the agreement, Argo AI will work exclusively for Ford on the software brains to enable self-driving.

Our thoughts: It appears we are on the verge of a major shift in the automotive industry.

Can a throwback phone revive Nokia?

Finnish manufacturer HMD Global is planning to launch a modern Android version of a throwback device, the once popular Nokia 3310 that predated the smartphone era. That's according to VentureBeat writer Evan Blass, who cited an unnamed person briefed on the company’s plans. He says the new 3310 will cost 59 euros ($62.37) and be targeted at European customers. Plans to distribute the phone elsewhere are unknown.
Our thoughts: Will consumers take to retro technology? Time will tell.


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