Target slides on weaker Q4 as digital shift hurts stores
Target missed analyst expectations after fourth quarter revenue fell 4.3 percent to 20.7 billion and net earnings dropped 42.7 percent to 817 million. The retailer blamed rapid shifts in consumer behavior toward online shopping while pledging 2018 as a year of investment to accelerate digital sales and new brands.
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Lysts
Target
Brian Cornell
CVS
Walmart
Amazon
Cornell
T.J. Maxx
J. Crew
Matt Sargent
Frank
N. Magid Associates
Neil Saunders
Global Data
You Tube comes to Comcast Xfinity X1 platform
Comcast will add Alphabet's YouTube to its Xfinity X1 system later this year, available in half of its 22.5 million homes. YouTube will appear with other on demand content and be searchable via the X1 voice remote. YouTube app will also be accessible for X1 subscribers.
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Youtube
Comcast
Alphabet
Brian Roberts
San Francisco
Netflix
What's Up Next for Snap Inc IPO and AR Ambitions
Snap Inc faces a 3 billion dollar IPO with slowing user growth and heavy Facebook competition. Analysts emphasize AR innovation as key to its future, noting Spectacles and planned AR expansions could redefine the camera platform while the firm pursues profitability amid a crowded social media landscape.
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Los Angeles
Snap Inc
Facebook
Snap
WhatsApp
Twitter
Gene Munster
Loop Ventures
Evan Spiegel
Bobby Murphy
Stanford University
California
Taylor Nikolai
Sarah Peretz
AWS outage disrupts hundreds of sites nationwide
A four hour AWS cloud outage in San Francisco disrupted the operation of major sites including Netflix Spotify Pinterest and BuzzFeed as well as thousands of smaller services. The incident highlighted AWS role in back end Internet infrastructure enabling rapid deployment of computing power without in house server farms.
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San Francisco
Amazon
AWS
United States
Amazon Web Services
Netflix
Spotify
Pinterest
BuzzFeed
AWS S3 outage slows many sites before recovery
An outage hit AWS S3 briefly, affecting about 148,000 sites per SimilarTech with slowdowns from around 12:35 p.m. to 4:49 p.m. ET. AWS, Seattle based, did not disclose the cause. the affected region remains the largest in use for new features and services.
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a_ business
AWS
Amazon Web Services
SimilarTech
Catchpoint Systems
Amazon
Lydia Leong
Gartner
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Kwikset
DOW Jones Industrial Avg
S&p
USA Today
Marketwatch.com
USA
Amazon Echo
Samsung Gear VR
Schneider Associates & Sentient Dachian Ci
Karl Gelles
AR Innovation
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Jefferson Graham
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