After reaching $40B in revenue in record time, Amazon Web Services hints at its own reinvention

Amazon Web Services CEO Andy Jassy with a chart showing AWS revenue growth at the company’s virtual re:Invent conference this week. (Screenshot via webcast)

Kicking off the annual Amazon Web Services re:Invent conference this week, AWS CEO Andy Jassy pointed to a major milestone for the tech giant’s cloud division: AWS has officially surpassed $40 billion in annual revenue, and not at a leisurely pace. AWS added an incremental $10 billion in revenue in 12 months, faster than ever.

Jassy showed stats that put AWS’s share of the cloud infrastructure market at 45%, more than double its closest competitor, Microsoft Azure. But he sought to assure the virtual audience that AWS is not even close to its zenith, citing the 96% of the estimated $3.6 trillion in global IT spending that has yet to shift to the cloud.

“It means that there’s a lot of growth ahead of us,” he

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Research team develops software that cuts time, cost from gene sequencing

Credit: CC0 Public Domain

A team of Johns Hopkins University researchers has developed a new software that could revolutionize how DNA is sequenced, making it far faster and less expensive to map anything from yeast genomes to cancer genes.

The software, detailed in a paper published in Nature Biotechnology, can be used with portable sequencing devices to accelerate the ability to conduct genetic tests and deliver diagnoses outside of labs. The new technology targets, collects and sequences specific genes without sample preparation and without having to map surrounding genetic material like standard methods require.

“I think this will forever change how DNA sequencing is done,” said Michael C. Schatz, a Bloomberg Distinguished Associate Professor of Computer Science and Biology and senior author of the paper.

The new process shrinks the time it takes to profile gene mutations, from 15 days or more to just three. That allows scientists to understand

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Sega Reveals Prototype Nomad Handheld For The First Time Ever

Most of us are still stuck indoors for this long winter, and Sega is putting together some amusing videos in the style of a college lecture that teach you the history behind the former console giant. In the first talk, Sega producer Hiroyuki Miyazaki showed a prototype for the handheld Sega Nomad for the first time publicly.

As Miyazaki reveals in his lengthy lesson, Sega referred to many of its hardware projects by planet codenames, a trend that was first established by the release of the Sega Saturn in 1994. When Sega was working on the Nomad–which is a portable version of the Sega Genesis/Mega Drive that you could take on the go–it was called the Sega Venus, and its prototype looked a bit different than the final product. This video series is promoting the Sega Test, an event that celebrates the 60th anniversary of Sega, which will challenge fans

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Why Sports Matter In A Time Of Social Justice, Social Distancing, And Social Media

When Covid-19 led to a nationwide lockdown in March, shutting down competitions, stadiums, arenas, gyms and even local tracks and trails, it seemed we were headed for a year in which sports no longer mattered. Members of Forbes 2021 30 Under 30 in Sports reminded us why they still do, maybe more than ever.

The May release of the eight minute and 46 second video chronicling the killing of George Floyd sparked athletes, teams and leagues to rush off the sidelines to speak out about police brutality against the Black community and participate in protests demanding police reform. They didn’t stick to sports.

Natasha Cloud, the 28-year old star of the Washington Mystics, was among the first to lead the charge. She opted out of the WNBA season and forewent her salary to raise awareness for social justice issues and the fight for racial equality, telling Forbes she prayed

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SpaceX just launched a Falcon 9 rocket for the 100th time, delivering 60 Starlink internet satellites into orbit

Elon Musk et al. around each other: SpaceX founder Elon Musk. Joe Raedle/Getty Images

© Joe Raedle/Getty Images
SpaceX founder Elon Musk. Joe Raedle/Getty Images

  • A SpaceX Falcon 9 rocket delivered 60 Starlink satellites into orbit on Tuesday night, marking the rocket’s seventh successful launch.
  • The launch was also SpaceX’s 16th Starlink mission, its 100th flight of a Falcon 9 rocket, and its 23rd flight in 2020 — the most flights it has ever achieved in one year.
  • SpaceX’s two-stage Falcon 9 rocket took off from Cape Canaveral Air Force Station in Florida at 9:13 p.m. on Tuesday. The booster then returned to Earth and landed on the “Of Course I Still Love You” drone ship.
  • Elon Musk’s space company now has at least 830 Starlink satellites in orbit. It plans to surround the Earth with up to 42,000 satellites beaming down high-speed internet.
  • Visit Business Insider’s homepage for more stories.

SpaceX successfully launched one of its Falcon 9 rockets on Tuesday night for

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SpaceX uses booster seventh time on Starlink launch

ORLANDO, Fla., Nov. 24 (UPI) — SpaceX launched one of its Falcon 9 first-stage boosters for a record seventh time Tuesday night as the company launched more of its Starlink satellites from Florida.

The 16th batch of 60 satellites headed toward orbit at 9:13 p.m. EST from Launch Complex 40 at Cape Canaveral Air Force Station.

The launch marks the 100th such mission for a Falcon 9 rocket, and boosts the number of Starlink satellites in orbit to more than 900.

A risk of rough seas in the Atlantic Ocean, where Elon Musk’s company wants to land the booster on a droneship, prevented the launch on Monday night. Rough seas remained a risk on Tuesday night, according to a U.S. Space Force forecast, but the launch took place as planned.

The rocket booster for the mission flew on four other Starlink launches, most recently in August, and two missions for

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Why It’s Time To Consider Outsourcing For Software Development

CEO at Ascendle — building innovative web and mobile apps for the world’s leading companies. Author of The Epic Guide to Agile.

For close to eight years now, a 100% virtual model has worked for Ascendle better than I could have imagined. Most of our U.S.-based team members live within two hours of one another, which has allowed for regular meetups—before the pandemic, that is—for teambuilding and staying connected. Web conferencing platforms support daily interactions between team members and have kept everyone feeling included and accountable. Recently, everyone received a fleece onesie with the corporate logo, and our virtual office was united over Zoom with each of us in the most comfortable of uniforms.

Since March of 2020, we have watched colleagues and clients learn on the fly how to accommodate a new situation where everyone’s working remotely. We have team members across nine time zones, and they deliver

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Is It Time To Start Developing Your Software Solutions In-House?

Veer Singh, CTO at FoodJet Inc, leads enterprise engineering projects, motivating teams and stakeholders with a customer-first approach.

The SaaS industry has democratized access to technology for businesses of every size. However, once you begin to scale your business, you’ll start to notice the pitfalls of licensing a third-party SaaS solution. 

When the seams start to show, you’re faced with a decision: Is it time to stop renting your software systems and owning them instead? There’s no single right answer, but there is a decision matrix to run through.

Customization, Control And Competitive Advantage

The first question to ask is whether the business function(s) is business-critical. The more critical the function, the more you want to control the software system running it and the system’s evolution.

A small SaaS may be highly responsive to your function requirements and customizations. But the SaaS will grow, and its product development

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Watch live: Rocket Lab to recover used Electron booster for first time

  • Rocket Lab, founded in 2006 by Peter Beck, plans to catch its first Electron rocket booster on Thursday night.
  • The aerospace company is streaming live video of the mission, called “Return to Sender,” starting around 8:15 p.m. ET on Thursday (2:15 p.m. NZT on Friday).
  • For every person who watches the YouTube video feed, embedded below, gaming mogul Gabe Newell will donate $1 to a New Zealand children’s hospital.
  • Newell is also funding the launch a titanium garden gnome as part of his fundraising push.
  • Visit Business Insider’s homepage for more stories.

SpaceX is famous for recovering and reusing its colossal Falcon 9 rocket boosters, each time saving more than $10 million. However, the Elon Musk-founded company is about to have some impressive (if smaller) competition in New Zealand.

Rocket Lab on Thursday night plans to try its first-ever recovery of an Electron booster, or first-stage rocket, after it has

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DoorDash launches gifting feature in time for the holidays

DoorDash, the contentious delivery platform that recently filed for IPO, is launching a new gifting feature for its own app and Caviar to make it easier to send personalized gifts during the holidays and beyond.

You could technically already “gift” something to friends and family just by changing the address of a delivery order, but through the new Gifting feature, you’ll get a formal interface and ways to personalize your gift with digital cards you can send in advance.

Ordering works the same way it traditionally does on mobile and the web, only now at checkout, you can select to “send as a gift,” launching the new interface. From there, you can schedule the delivery, select from a collection of cards to personalize with a message, enter in the gift recipient contact information, and send. DoorDash also lets you send along tracking information with your personalized card, so

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