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Mar 29, 2018

03/29/2018: Amazon makes most of its money in the cloud

The most profitable part of Amazon’s business has nothing to do with retail. A huge chunk of the internet is powered by Amazon Web Services, ranging from Pinterest to Buzzfeed to Netflix. The thing is, cloud computing is hard, and lots of companies are turning to Amazon to make it happen. But what are the downsides? Marketplace Tech host Molly Wood talks about it with Lily Hay Newman, who covers security for Wired.

Amazon is gearing up to join the music streaming business.
Amazon is gearing up to join the music streaming business.
David McNew/Getty Images

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The most profitable part of Amazon’s business has nothing to do with retail. A huge chunk of the internet is powered by Amazon Web Services, ranging from Pinterest to Buzzfeed to Netflix. The thing is, cloud computing is hard, and lots of companies are turning to Amazon to make it happen. But what are the downsides? Marketplace Tech host Molly Wood talks about it with Lily Hay Newman, who covers security for Wired.