Google relies exclusively on App Developers declaration over Security Permissions

Google has made it official that it is reinstating the app permissions section back into its Google PlayStore for Android users by this month’s end as it is keen on offering utmost privacy and transparency to them.

The company pulled back the app permission section from its playstore. But on the request from Android Community, the web search giant brought back this security section to all its users.

Thus, pretty soon, as per the latest re-introduce of Google, a data safety section will be visible to all app users through which they can get an overview of how the app collects, shares and secures the information collected by it from users.

Aim is to ensure greater transparency to users, to win back their trust. And the internet juggernaut has enforced a deadline for developers that came into effect from July 20th this year.

However, the procedure depends solely on the developer to make complete and accurate declarations. And who knows what exactly is taking place on their servers.

What if the app is collecting every bit of sensitive information behind the user that it wasn’t required to collect?

Usually, when we download most of the applications, as per the latest Android operating system/s released after the 9th version, all apps need to ask for user permission at the time of download. The permission to access phone content can be denied or temporarily allowed, giving extreme security privileges to users.

But who knows whether the app is acting as per the stipulations or sneaking a bit more than needed and then transmitting that data to remote servers?

 

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August 01, 2022 at 10:41AM

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#ISC2Congress: Piloting Teams While Under Pressure – Carey Lohrenz Will Speak as an (ISC)² Keynote

Carey Lohrenz, one of the first U.S. female fighter pilots, will provide “Lessons in Leadership” as a keynote at (ISC)² Security Congress 2022.

As a pioneer in military aviation, Carey broke barriers as the first female F-14 Tomcat Fighter Pilot in the United States Navy and has flown missions worldwide. She knows what it takes to win in high-pressure moments while overcoming obstacles. She is the author of two best-selling books, “Fearless Leadership” and “Span of Control,” and as a consultant helps lead high-performing business teams to Prepare, Perform and Prevail

Carey will share her experiences with the audience to empower attendees to take their careers, teams, and the cybersecurity industry to new heights.

“Carey Lohrenz knows that working in a fast moving, dynamic environment, with inconsistent execution can lead to disastrous results; but she has proven to thrive under pressure and overcome difficulties like so many of our attendees,” said Clar Rosso, CEO, (ISC)². “I believe Carey’s unique experience shattering gender-based barriers and leading others to reach their full potential will encourage and empower our attendees to challenge convention and break down barriers for themselves and others in the cybersecurity industry.”

(ISC)² Security Congress will take place in-person at Caesars Palace Las Vegas and live online, featuring more than 100 educational and thought leadership sessions covering the hottest cybersecurity topics and issues. These include cyber liability, quantum computing, ICS/critical infrastructure, Zero Trust principles, ransomware, workforce trends, remote workforce security, supply chain security, artificial intelligence, DevSecOps and many more, delivered by esteemed industry and practitioner speakers. (ISC)² members can earn 20+ continuing professional education (CPE) credits at the onsite event with an All-Access Pass and 17+ credits with a Virtual Only Pass. Early Bird registration is available through September 16.

For more information on (ISC)² Security Congress 2022, including the session program and how to register, please visit: https://congress.isc2.org/

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August 01, 2022 at 09:09AM

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(ISC)² and Others Commit to Closing the Cybersecurity Workforce Gap While at the White House

On July 19, National Cyber Director Chris Inglis hosted the National Cyber Workforce and Education Summit at the White House. The event focused on “improving skills-based pathways to cyber jobs, educating Americans” and finding solutions for bridging the cyber workforce gap. (ISC)² CEO Clar Rosso attended the summit and introduced the new (ISC)² initiative to pledge one million Certified in Cybersecurity as our global commitment to close the workforce gap and expand diversity in cyber.

Attendees of the summit included government officials such as Ambassador Susan E. Rice, White House Domestic Policy Advisor; Secretary of Commerce Gina M. Raimondo; Secretary of Labor Martin J. Walsh and Director of the Cybersecurity and Infrastructure Security Agency Jen Easterly. Other attendees included executives from the private sector and respected thought leaders in the industry.

During the summit, several other initiatives and programs were announced at the summit to address the workforce gap.

Inglis committed to developing a National Cyber Workforce and Education Strategy that will address the challenges and opportunities in critical areas to improve collaboration across government-wide efforts to help align resources and implement the Administration’s priorities on education and workforce development

Raimondo and Walsh announced a 120-day Cybersecurity Apprenticeship Sprint aimed at providing individuals with the opportunities to receive training and mentorship necessary to begin a career in cyber by expanding and promoting cyber-related Registered Apprenticeship programs.

The Alperovitch Institute for Cybersecurity Studies, aimed at developing a unique mix of geopolitical focus and technical rigor with cutting edge research at the intersection of cybersecurity and statecraft, has been established to train postgraduate students to become future policymakers and practitioners for leading firms and government agencies in the field of cybersecurity. They will also offer an executive training program to help provide critical knowledge of cyber issues.

Auburn University’s Ginn College of Engineering has committed to incorporating the U.S. Department of Energy’s National Cyber-Informed Engineering (CIE) Strategy throughout its engineering and computer science programs.

Cisco is committing to training an additional 200,000 students in the U.S. over the next three years and will continue to increase the reach and impact of its efforts.

CompTIA, in partnership with ConnectWise, will run a nationwide pilot program to fill critical cybersecurity roles for managed services providers. CompTIA, will use its training and certifications to provide jobseekers the skills needed for a career in IT and help employers realize the benefits of IT apprenticeship.

Fortinet has committed to making their information security awareness and training service available for free for all K-12 school districts across the U.S. The expansion of its free training offerings provides the potential to help more than 8 million staff and faculty members in U.S. schools become more cyber aware and improve their skillsets to avoid breaches at educational institutions. This initiative will also advance Fortinet’s pledge to train 1 million people in cybersecurity by 2026.

Girls Who Code will develop a coding challenge and activity sets focused on cybersecurity that will be geared toward middle and high school students and implement workshops for Computer Science Education Week focused on cybersecurity and introductions to cryptography this fall.

NPower will offer skill development opportunities and free IT training and credentials to military-connected individuals as well as young adults from underserved and underrepresented communities.

These are just a few of the initiatives introduced at the summit. The summit also included several roundtable discussions to address ensuring all Americans are equipped with the necessary skills to navigate the “global digital ecosystem” and increasing diversity, equity, inclusion and accessibility throughout the cybersecurity profession.

To learn more about the initiatives and programs introduced at the summit or about the summit in general, read the White House Fact Sheet. You can also listen to the keynote address of the summit here. 

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July 31, 2022 at 09:08PM

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(ISC)² Pledges 1 Million Certified in Cybersecurity

At (ISC)² we are committed to positively impacting the cybersecurity industry in a big way. The board of directors and (ISC)² leadership is pleased to announce that we will provide free entry-level cybersecurity certification exams and self-paced educational program courses to one million new professionals starting a career in cybersecurity.

The One Million Certified in Cybersecurity pledge is our global commitment that expands on the (ISC)² ‘100K in the UK’ initiative, which promised 100,000 free exams and course enrollments for U.K. residents earlier this year. 

(ISC)² CEO Clar Rosso attended the Cyber Workforce and Education Summit at the White House on July 19, 2022 advocating for the expansion of the cybersecurity workforce to close the gap of 2.7 million cybersecurity professionals needed globally, according to the (ISC)² Cybersecurity Workforce Study. This new initiative will continue our mission to inspire a safe and secure cyber world by providing a path for more entrants into the field. 

Research also suggests organizations that focus on recruiting and developing entry-level cybersecurity staff – including those with little or no technical experience – accelerates the invaluable hands-on work experience the next generation of professionals needs to build successful cybersecurity careers. 

Those who earn the (ISC)² Certified in Cybersecurity certification – currently in the final stages of a global pilot program – will demonstrate to employers that they have the foundational knowledge, skills and abilities necessary for an entry-level cybersecurity role. 

How the Program will Work 

Beginning this September, we will announce how qualified individuals can participate. Much like our ‘100K in the UK’ program (which already has 10,000 interested applicants), participants will receive a free exam, as well as access to the (ISC)² Certified in Cybersecurity online self-paced education course. The course provides a review of the subject matter published in the Certified in Cybersecurity exam outline, which shares the security domains on which certification candidates will be evaluated: 

• Security Principles 
• Business Continuity (BC), Disaster Recovery (DR) and Incident Response Concepts 
• Access Controls Concepts  
• Network Security  
• Security Operations 

University students, recent graduates, career changers and other professionals wishing to expand their skills and opportunities are encouraged to participate, especially individuals employed or seeking employment within small and midsized businesses. 

(ISC)² will work closely with new and existing partner organizations to reach populations that have been under-represented in cybersecurity to encourage greater diversity within the workforce. (ISC)² has pledged that half of the expanded commitment – 500,000 course enrollments and exams – will be directed toward students of historically black colleges and universities (HBCUs), minority-serving institutions (MSIs), tribal organizations and women’s organizations across the globe. 

After successfully completing the exam, candidates will become certified (ISC)² members with access to a wide array of professional development resources to help them throughout their careers. The (ISC)² Certified in Cybersecurity certification is the first step on a career-long journey that will help cybersecurity professionals gain experience and work toward advanced qualifications such as the (ISC)² CISSP and (ISC)² CCSP. 

For more information on the (ISC)² Certified in Cybersecurity, please visit: www.isc2.org/certified-in-cybersecurity. Connect and network with others pursuing the (ISC)² Certified in Cybersecurity Study Group on the (ISC)² Community.  

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July 31, 2022 at 09:09AM

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CIOReview Names Cobalt Iron Among 10 Most Promising IBM Solution Providers 2022

LAWRENCE, Kan.–(BUSINESS WIRE)–Cobalt Iron Inc., a leading provider of SaaS-based enterprise data protection, today announced that the company has been deemed one of the 10 Most Promising IBM Solution Providers 2022 by CIOReview Magazine. The annual list of companies is selected by a panel of experts and members of CIOReview Magazine’s editorial board to recognize and promote innovation and entrepreneurship. A technology partner for IBM, Cobalt Iron earned the distinction based on its Compass^® enterprise SaaS backup platform for monitoring, managing, provisioning, and securing the entire enterprise backup landscape.

According to CIOReview, “Cobalt Iron has built a patented cyber-resilience technology in a SaaS model to alleviate the complexities of managing large, multivendor setups, providing an effectual humanless backup experience. This SaaS-based data protection platform, called Compass, leverages strong IBM technologies. For example, IBM Spectrum Protect is embedded into the platform from a data backup and recovery perspective. … By combining IBM’s technologies and the intellectual property built by Cobalt Iron, the company delivers a secure, modernized approach to data protection, providing a ‘true’ software as a service.”

Through proprietary technology, the Compass data protection platform integrates with, automates, and optimizes best-of-breed technologies, including IBM Spectrum Protect, IBM FlashSystem, IBM Red Hat Linux, IBM Cloud, and IBM Cloud Object Storage. Compass enhances and extends IBM technologies by automating more than 80% of backup infrastructure operations, optimizing the backup landscape through analytics, and securing backup data, making it a valuable addition to IBM’s data protection offerings.

CIOReview also praised Compass for its simple and intuitive interface to display a consolidated view of data backups across an entire organization without logging in to every backup product instance to extract data. The machine learning-enabled platform also automates backup processes and infrastructure, and it uses open APIs to connect with ticket management systems to generate tickets automatically about any backups that need immediate attention.

To ensure the security of data backups, Cobalt Iron has developed an architecture and security feature set called Cyber Shield for 24/7 threat protection, detection, and analysis that improves ransomware responsiveness. Compass is also being enhanced to use several patented techniques that are specific to analytics and ransomware. For example, analytics-based cloud brokering of data protection operations helps enterprises make secure, efficient, and cost-effective use of their cloud infrastructures. Another patented technique — dynamic IT infrastructure optimization in response to cyberthreats — offers unique ransomware analytics and automated optimization that will enable Compass to reconfigure IT infrastructure automatically when it detects cyberthreats, such as a ransomware attack, and dynamically adjust access to backup infrastructure and data to reduce exposure.

Compass is part of IBM’s product portfolio through the IBM Passport Advantage program. Through Passport Advantage, IBM sellers, partners, and distributors around the world can sell Compass under IBM part numbers to any organizations, particularly complex enterprises, that greatly benefit from the automated data protection and anti-ransomware solutions Compass delivers.

CIOReview’s report concludes, “With such innovations, all eyes will be on Cobalt Iron for further advancements in humanless, secure data backup solutions. Cobalt Iron currently focuses on IP protection and continuous R&D to bring about additional cybersecurity-related innovations, promising a more secure future for an enterprise’s data.”

About Cobalt Iron

Cobalt Iron was founded in 2013 to bring about fundamental changes in the world’s approach to secure data protection, and today the company’s Compass^® is the world’s leading SaaS-based enterprise data protection system. Through analytics and automation, Compass enables enterprises to transform and optimize legacy backup solutions into a simple cloud-based architecture with built-in cybersecurity. Processing more than 8 million jobs a month for customers in 44 countries, Compass delivers modern data protection for enterprise customers around the world. www.cobaltiron.com

Product or service names mentioned herein are the trademarks of their respective owners.

Link to Word Doc: www.wallstcom.com/CobaltIron/220728-Cobalt_Iron-CIOReview_Top_IBM_Provider_2022.docx

Photo Link: www.wallstcom.com/CobaltIron/Cobalt_Iron_CIO_Review_Top_IBM_Solution_Provider_Award_Logo.pdf

Photo Caption: Cobalt Iron Compass^® is a SaaS-based data protection platform leveraging strong IBM technologies for delivering a secure, modernized approach to data protection.

Follow Cobalt Iron

https://twitter.com/cobaltiron

https://www.linkedin.com/company/cobalt-iron/

https://www.youtube.com/user/CobaltIronLLC

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July 31, 2022 at 09:09AM

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CISSP Recognized as Top Cybersecurity Certification

The CISSP (Certified Information Systems Security Professional) certification got a few thumbs-up in a recent Dice article about whether cybersecurity jobseekers need certifications to land a position. Several cybersecurity professionals quoted in the article named the CISSP as a valuable certification.

“I always recommend the Certified Information Systems Security Professional Cert (CISSP). For years, this has been the dominating certification in the cybersecurity industry. It is still a top-tier certification, and I would recommend it to anyone serious about a career in cybersecurity,” said Steve Tcherchian, Chief Product Officer at XYPRO.

Magda Chelly, a cybersecurity author and researcher, cited the CISSP as one of the industry’s most popular certifications. Certifications such as CISSP and hands-on training, she said, are outweighing requirements by employers for college degrees.

Recognition by cybersecurity experts is always welcome. It shows that (ISC)² is hitting the mark with what we like to call “the world’s premier cybersecurity certification.” Earning the CISSP proves the holder has the skills and knowledge to design, implement and manage a best-in-class cybersecurity program.

Experience Required

To pass the CISSP exam, cybersecurity professionals need at least five years of experience in two or more of the eight domains. Those who earn it increase their earning potential, and the certification frequently appears in the top five on lists correlating certifications to the salaries.

When preparing to take the exam, it helps to participate in study groups that focus on the certification domains. For instance, the (ISC)² Pittsburgh Chapter coordinates study sessions for both the CISSP and CCSP exams. The sessions help connect CISSP aspirants with each other and foster collaboration and deeper understanding of the materials, as they learn from and teach one another.

For those who are new to cybersecurity – whether young professionals just joining the workforce or those looking for a career change – (ISC)² recommends the recently launched Entry-level Cybersecurity Certification (still in pilot status). It was developed to help close the cybersecurity workforce gap by assuring employers that new entrants to the field have the skills and knowledge to work in a cybersecurity team. Those who complete the certification take the first step toward a rewarding and lucrative cybersecurity career.

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July 30, 2022 at 09:09PM

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New Whistic VP Jake Bernardes says transparency is the key for businesses to strengthen cybersecurity

SALT LAKE CITY–(BUSINESS WIRE)–It may sound counterintuitive, but new Whistic Security & Compliance Vice President Jake Bernardes says the best way for a company to have robust cybersecurity is to increase trust, drive transparency and shift it earlier in the sales cycle. Whistic, the vendor security network for both buyers and sellers, makes it possible for companies to assess, publish and share their security information more effectively and build real trust in the supply chain.

“I am a big advocate for transparency and trust,” said Bernardes. “I believe we should share all of our security data in its entirety, warts and all. If you look at the work we’ve been doing with the Security First Initiative, that’s exactly the culture we’re trying to build across the industry.”

Bernardes will be sharing his views in an upcoming webinar from Whistic and RiskRecon on August 24, 2022, “Maximizing Your Spend in Vendor Risk Management.” Readers can register for the webinar (or gain access to the post-event recording) here.

Bernardes believes a company’s security posture should be publicly available like a LinkedIn profile, and he is excited to help turn that belief into a reality with Whistic. The company allows vendors to create a Whistic Profile by self-assessing against industry-standard frameworks, adding supporting documentation, audits and certifications, and publishing that Profile to the Whistic Trust Catalog, publicly on a website, or sharing it directly with customers.

The Whistic platform enables customers to conduct Zero-Touch Assessments of the vendor’s security posture. “Imagine being able to complete assessments of your vendors on-demand, with no chasing or data collection. That’s where we are heading,” said Bernardes.

“We can automate much of the currently very manual processes and it’s going save businesses a lot of time and money. My goal is to unite with my peers across the globe that believe in transparency and trust, and work together to drive change in the industry. We all know you can’t fix everything and you don’t know what you don’t know. We already have a strong community that is coalescing around this movement and I can’t wait to help accelerate that growth.”

Bernardes has been working in cybersecurity for more than a decade with significant experience in helping companies scale, delivering security transformation and building best-in-class security functions.

“Whistic is fortunate to have Jake because he’s not afraid to be a disrupter or to take a contrarian viewpoint in the cybersecurity field,” said Whistic CEO Nick Sorensen. “Together, we are building an ecosystem where everything stays in sight–a future where transparency helps drive greater trust across supply chains globally.”

Bernardes has been a global consultant and worked for SingleStore, NCC Group, Baringa Partners, KPMG and IBM. He became interested in joining Whistic because he believes strongly in Whistic’s network-based vision for the future of vendor security and because Sorensen is such a respected thought leader in cybersecurity.

Whistic’s Vendor Security Network already has more than 45,000 profiles that organizations can access on-demand, which increases trust and transparency. The company recently received $35 million in Series B funding and launched Basic Profile, a free, limited version of its popular proactive vendor security solution.

About Whistic

Located in the heart of the Silicon Slopes in Utah, Whistic is the network for assessing, publishing, and sharing vendor security information. The Whistic Vendor Security Network accelerates the vendor assessment process by enabling businesses to access and evaluate a vendor’s Whistic Profile and create trusted connections that last well beyond the initial assessment. Make security your competitive advantage and join businesses like Airbnb, Okta, Zendesk, Asana, Atlassian, Snap, Notion, TripActions, and G2 that are leveraging Whistic to modernize their vendor security programs. For more information, visit https://www.whistic.com/.

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July 30, 2022 at 09:08PM

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Skyhigh Security’s Kimberly Winfield named to CRN’s 2022 Rising Female Stars of IT List

SAN JOSE, Calif.–(BUSINESS WIRE)–Skyhigh Security today announced that CRN^®, a brand of The Channel Company, has named Kimberley Winfield, Channel Development Manager, to the 2022 Rising Female Stars of IT List. This annual list honors 100 dedicated, talented women who are making a difference for solution providers throughout the IT channel.

Featuring a powerhouse list of nominees – hand-selected by the CRN editorial team and largely based on recommendations from channel chiefs and other channel management executives across the industry – this third annual list of Rising Female Stars represents extraordinary women who are working hard to help their channel partners find success. With more than 15 years in the cybersecurity industry, Winfield has proven herself as an IT channel standout that has demonstrated an aptitude for growing her respective channel partner programs and initiatives through a variety of disciplines including marketing, channel program management and partner engagement.

“The rapid adoption of the cloud, along with the growing sophistication of adversaries, has created a huge demand for the best possible cybersecurity talent to combat these threats,” said Gee Rittenhouse, CEO, Skyhigh Security. “Kimberly’s recognition as a rising female star is undeniably well-deserved and we are thrilled to see her achieve this honor.”

“CRN’s 2022 Rising Female Stars list highlights the women poised to become tomorrow’s channel leaders and luminaries who consistently demonstrate dedication to IT channel innovation and excellence. These women are helping to create a brighter future for the IT industry,” said Blaine Raddon, CEO of The Channel Company. “On behalf of The Channel Company and CRN, I want to congratulate all the honorees. The change these rising leaders are helping to enact today will define the IT channel for many years to come.”

The 2022 list of Rising Female Stars will be featured online at www.CRN.com/risingstars starting July 25 and in a special July issue of CRN Magazine.

About The Channel Company

The Channel Company enables breakthrough IT channel performance with its dominant media, engaging events, expert consulting and education, innovative marketing services and platforms. As the channel catalyst, it connects and empowers technology suppliers, solution providers, and end-users. Backed by more than 30 years of unequaled channel experience, they draw from their deep knowledge to envision innovative, new solutions for ever-evolving challenges in the technology marketplace. www.thechannelcompany.com

About Skyhigh Security

Skyhigh Security emerged out of McAfee Enterprise in 2022, with the focus on helping customers secure the world’s data. It protects organizations with cloud-native security solutions that are both data-aware and simple to use. Its market-leading Security Service Edge (SSE) Portfolio goes beyond data access and focuses on data use, allowing organizations to collaborate from any device and from anywhere without sacrificing security. For more information, visit www.skyhighsecurity.com.

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July 30, 2022 at 09:08PM

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How Long Does it Take to Train Entry-Level Cybersecurity Team Members?

When hiring managers onboard new cybersecurity staff, there is typically an expectation that some learning on the job will be necessary. This is certainly the case when new hires are entry- and junior-level practitioners.

But when can you expect those less-experienced new hires to perform their tasks independently? Depending on experience levels, they can be ready to contribute on their own in as little as six months, according to new research by (ISC)².

The findings, published in the (ISC)² Cybersecurity Hiring Managers Guide, reveal that more than a third of hiring managers (37%) believe entry- and junior-level hires are ready to handle assignments independently within six months or less on the job. 67% say it takes entry-level hires up to nine months to be able to work independently.

Considering the complexities and wide range of knowledge involved in cybersecurity work, these timelines are relatively brief. In the past, organizations may have been reluctant to welcome inexperienced cybersecurity team members. They worried about the time and expense required to get these employees up to speed, but the research shows they shouldn’t be overly concerned about this.

Another welcome revelation centered around the level of investment required to train entry- and junior-level practitioners. For most organizations, the cost ranges from U.S. $500 to $5,000.

 

 

 

 

 

 

 

 

 

 

Skills Development

To get entry- and junior-level cybersecurity team members up to speed, organizations employ a number of methods, including mentorship programs, certification training and paying for tuition.

The most prevalent approach is mentoring, with 63% of respondents saying they use mentorship programs to upskill new talent. The second most common involves certification training and courses (54%), followed by career pathing and advancement (47%), training courses for non-certification skills and knowledge (38%), certification exam fees (38%) and certification materials like books (37%).

Certifications were ranked the most effective method of talent development for entry- and junior-level practitioners (27%), followed by in-house training (20%), conferences (19%), external training (13%) and mentoring (11%). However, in-house training topped the list at smaller companies, while midsize organizations prefer conferences, and large companies favor webinars.

For more insights on building your team with entry- and junior-level talent, read the guide at https://www.isc2.org/Research/Cybersecurity-Hiring-Guide.

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July 30, 2022 at 09:09AM

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Fastly Partners with HUMAN Security to Protect Customers from Bot Attacks and Fraud

SAN FRANCISCO & NEW YORK–(BUSINESS WIRE)–Fastly, Inc. (NYSE: FSLY), the world’s fastest global edge cloud platform, today announced a reseller partnership with HUMAN Security, Inc. The Fastly-HUMAN partnership will offer customers industry-leading bot protection as well as fraud and account abuse prevention to keep cybercriminals out of their online applications and services.

Fastly’s award-winning Next-Gen WAF – the first and only unified WAF solution – provides a high-efficacy solution with the widest range of deployment options on the market with unmatched flexibility, rapid deployment, and tooling integrations. Now, customers have access to all the benefits of Fastly’s Next-Gen WAF – paired with HUMAN’s exceptional bot protection and remediation capabilities.

Automated online attacks, also known as bot attacks, can wreak havoc on a business’s bottom line and disrupt digital experiences. Three out of four online attacks today are by bots, including events like account takeover, payment fraud, content manipulation, and more. Bad bots also consume resources and overwhelm organizations, accounting for at least a quarter of all internet traffic. To combat this threat, HUMAN leverages modern defense to verify the humanity of more than 15 trillion interactions per week for some of the largest companies and internet platforms.

“In response to the rapid growth of bot-based cyberattacks, it was imperative for Fastly to offer our customers a world-class bot detection solution to complement our Signal Sciences-powered Next-Gen WAF,” said Fastly Chief Product and Strategy Officer, Lakshmi Sharma. “HUMAN will not only help safeguard Fastly customers from bot attacks and fraud, but also help increase ROI while decreasing data contamination and cybersecurity exposure. Together with HUMAN, we’re helping our valued customers protect what matters most: their users and their assets.”

“Now more than ever, it’s important for businesses to protect their customers, revenue, and operational efficiencies by safeguarding against cybercriminal organizations that use sophisticated bots as their weapon of choice,” said HUMAN Co-Founder and CEO Tamer Hassan. “As an example of the cyber risks businesses face, a global e-commerce company had implemented a bot management solution to protect its digital purchasing experience, but bots were still getting through – taking over customer accounts. With the implementation of HUMAN’s the Human Defense Platform and Fastly’s Next-Gen WAF, these attacks were stopped, the cybercriminal organization was disrupted, and the customer experience and company’s brand reputation were protected. We look forward to deploying our modern defenses – including internet observability, collective protection, and actionable threat intelligence – to complement Fastly’s sophisticated security suite, resulting in fully protected customers.”

HUMAN, which recently announced a merger with PerimeterX, has been recognized as a “strong performer” in The Forrester Wave: Bot Management, Q2 2022, and was cited as a strong choice for customers wanting “white glove service and deep expertise in both marketing and security bot attacks.” HUMAN’s capabilities have resulted in several high-profile takedowns, including PARETO – the most sophisticated Connected TV botnet ever found – in cooperation with Roku and Google.

Fastly is a partner-first global programmable edge cloud, offering first- and third-party products in security, edge compute, network services, and observability to solve customers’ problems with their choice of tools.

Customers can now purchase both Fastly and HUMAN bot and fraud solutions through a streamlined procurement process. To learn more about Fastly’s partnership with HUMAN Security or to request a 30-day demo and proof of value, reach out to partners@fastly.com. Additionally, both companies will be at Black Hat on August 10-11, 2022, where attendees can stop by Fastly’s Booth 1474 and visit HUMAN at Booth 2334.

About HUMAN

HUMAN is a cybersecurity company that safeguards 500+ customers from sophisticated bot attacks, fraud and account abuse. We leverage modern defense—internet visibility, network effect powered by collective protection, and disruptions—to enable our customers to increase ROI and trust while decreasing end-user friction, data contamination, and cybersecurity exposure. Today we verify the humanity of more than 15 trillion interactions per week across advertising, marketing, e-commerce and enterprise security, putting us in a position to win against cybercriminals. Protect your digital business with HUMAN. To Know Who’s Real, visit www.humansecurity.com.

About Fastly

Fastly’s powerful and programmable edge cloud platform helps the world’s top brands deliver the fastest online experiences possible, while improving site performance, enhancing security, and empowering innovation at global scale. With world-class support that consistently achieves 95%+ customer satisfaction ratings,* Fastly’s beloved suite of edge compute, delivery, and security offerings has been recognized as a leader by industry analysts such as IDC, Forrester and Gartner. Compared to legacy providers, Fastly’s powerful and modern network architecture is the fastest on the planet, empowering developers to deliver secure websites and apps at global scale with rapid time-to-market and industry-leading cost savings. Thousands of the world’s most prominent organizations trust Fastly to help them upgrade the internet experience, including Reddit, Stripe, Neiman Marcus, The New York Times, Epic Games, and GitHub. Learn more about Fastly at https://www.fastly.com/, and follow us @fastly.

*As of June 1, 2022

Forward Looking Statements

This press release contains “forward-looking” statements that are based on our beliefs and assumptions and on information currently available to us on the date of this press release. Forward-looking statements may involve known and unknown risks, uncertainties, and other factors that may cause our actual results, performance, or achievements to be materially different from those expressed or implied by the forward-looking statements. These statements include, but are not limited to, those regarding our ability to help safeguard our customers from bot attacks and fraud and protect their users and assets, and our ability to increase ROI while decreasing data contamination and cybersecurity exposure. Except as required by law, we assume no obligation to update these forward-looking statements publicly, or to update the reasons actual results could differ materially from those anticipated in the forward-looking statements, even if new information becomes available in the future. Important factors that could cause our actual results to differ materially are detailed from time to time in the reports we file with the Securities and Exchange Commission (SEC), including in our Quarterly Report on Form 10-Q for the fiscal quarter ended March 31, 2022. Copies of reports filed with the SEC are posted on our website and are available from us without charge.

Source: Fastly, Inc.

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July 30, 2022 at 09:09AM

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Conversant Group Names Jason Anderson VP of Technology

CHATTANOOGA, Tenn.–(BUSINESS WIRE)–The advent of Ransomware-as-a-Service (RaaS) has made cybersecurity more crucial than ever. Sophisticated hackers are selling their playbooks and creating searchable databases of what they steal. Cybersecurity defense and remediation efforts need to keep up and Conversant Group has hired Jason Anderson as Vice President of Technology to help lead Conversant’s cutting edge defense business staying one step ahead of the threat actors evolving strategies.

Anderson will oversee Conversant platforms and the technical controls and vendors the company uses in remediation efforts across both managed and professional services. He spent the last six years in leadership at Insight Corporation as Technology Director and Director of Managed Services.

“Jason is a seasoned and methodical technology and security practitioner with strong leadership skills, which is exactly what it takes to combat today’s threat landscape,” said Mark Grazman, President of Conversant Group. “His experience building world class technical platforms and infrastructure will help Conversant remain on the cutting edge of cybersecurity, and ultimately make our clients more secure.

Before joining Insight, Anderson spent seven years at Data-Link Corporation serving in four different roles, quickly elevating from Technical Support Engineer to Technology Director. He has experience leading overall maintenance and innovation of mission-critical services, which demanded high uptime and quick response to enable the business.

“Security has evolved since I began my career, but the goal has always been to keep customers operational with leading technology that is safe and secure,” said Anderson. “I’m eager to get to work with the Conversant team and use our technologies to support our clients and secure their systems and data.”

About Conversant Group

Conversant Group is changing the IT services paradigm with their relentless focus on “Secure First” managed services, IT infrastructure, and consulting. Conversant has been a thought leader for over 12 years helping customers and entire industries get answers to the security questions they may not even know to ask. We help customers build and manage world-class IT infrastructure architected with security at its core to protect your IT networks, data, and reputations. Learn more at conversantgroup.com.

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July 30, 2022 at 09:09AM

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DataTribe Announces Fourth Annual Cybersecurity Start-Up Challenge

FULTON, Md.–(BUSINESS WIRE)–DataTribe, a global cyber foundry that invests in and co-builds next-generation cybersecurity and data science companies, announced today the launch of its fifth-annual DataTribe Challenge. The competition is poised to identify and curate Pre-Series A, high-technology start-ups with a vision to disrupt cybersecurity and data science.

Three finalists will split $20,000 in prize money, and one winner will be eligible to receive up to $2 million in seed capital from DataTribe. In 2021, the Challenge had two winners: Quickcode.ai and ContraForce. Quickcode.ai helps non-technical experts build machine learning training data with unprecedented speed and accuracy while ContraForce is the only platform to make comprehensive cybersecurity easy, effective, and accessible for the small to midsize enterprise.

“Over the last five years, the Challenge has evolved into an excellent platform for entrepreneurs to not only get exposure and feedback — but to actually fundraise. For the winner, it could take care of their entire seed round. We’re always humbled by the quality of submissions — as founders look over the horizon to chart the future of cyber. The Challenge is a lot of fun and we look forward to working with participants.” said John Funge, Managing Director of DataTribe.

Mike Janke, Co-founder of DataTribe said, “The Challenge is the top cybersecurity startup competition in the world. We are inspired by the founders that participate and the innovations they present. We’re honored to be able to use all the resources we have at DataTribe to co-build with entrepreneurs, giving them an unfair advantage and creating the next generation of market-leading companies.”

In June 2021, Synopsys acquired the winner of the 2019 Challenge, Code Dx, a software security testing orchestration, correlation, and prioritization platform. The exit was a demonstration of the Challenge’s ability to draw top cybersecurity solutions, as well as of the success of the DataTribe model of partnering with over the horizon technology coming out of national security agencies.

DataTribe invites contestants to join the Challenge who have developed a robust concept and/or initiated development of a minimal viable product (MVP) – i.e., a product developed with sufficient features to entice early adopters. The firm anticipates a strong showing from teams with experience working in national security, defense, national laboratories, or at organizations specializing in cybersecurity and data science R&D.

Applicants will have until August 31, 2022 to enter an application. DataTribe will review submissions for technical merit, market potential, and readiness of the team. On October 12, 2022, DataTribe will announce up to three finalists. These teams will then have 3 weeks to refine their pitch and prepare for final judging, with assistance from DataTribe’s team of startup veterans. In a live event, finalists will present a pitch and answer questions from a panel of esteemed judges on November 3, 2022.

“Winning the 2021 DataTribe Challenge was a major catalyst in achieving the product and market momentum necessary to grow our customer base,” said Stan Golubchick, ContraForce Co-Founder and CEO. “DataTribe is more than just an investor. Their unique foundry approach is a true partnership, adding the experience, support, and knowledge of successful company-builders to our team.”

To apply for the 2022 DataTribe Challenge, please visit: https://datatribe.com/challenge.

About DataTribe

DataTribe is a startup foundry that invests in and co-builds world-class startups focused on generational leaps in cybersecurity and data science. DataTribe was launched in 2015 with the vision of empowering technologists in the Washington, D.C. region to build and grow successful companies.

Founded by leading investors, startup veterans and alumni of the U.S. intelligence community, DataTribe commits capital, in-kind business services and decades of professional expertise to co-build the next generation of cybersecurity, big data and analytics companies. DataTribe is headquartered in Fulton, MD. For more information, visit https://datatribe.com.

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July 29, 2022 at 09:09AM

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APAC Security Leaders Come Together at SECURE Singapore

We held our first-ever (ISC)² SECURE Singapore event earlier this month. The in-person event saw leading cybersecurity experts from around the region engaging in discussions around cybersecurity amid profound changes and disruption around the world, and a global workforce gap. 

David Koh, Commissioner of Cybersecurity and Chief Executive of the Cyber Security Agency of Singapore (CSA), started off the event with a keynote address. He argued that cybersecurity is akin to a team sport, where all organizations and individuals have a vital part to play in combating cyber crimes.

Clar Rosso, CEO of (ISC)², and Zachary Tudor, CISSP, chair of the (ISC)² Board of Directors and Associate Laboratory Director of Idaho National Laboratory's National and Homeland Security Directorate, then joined Mr. Koh on stage for an engaging discussion on the need to bolster cybersecurity skills against new-found vulnerabilities amidst the convergence of IT and operational technology (OT) systems. OT systems have typically been overlooked when it comes to cybersecurity. However, efficiencies enabled by new OT functions and capabilities have come at the cost of creating a broader attack surface.

Conversations headlined by leaders and practitioners within the cybersecurity world continued throughout the day through an all-day lineup of panel discussions. Speakers and topics encompassed a broad range of industries and cybersecurity trends, including cloud security, digital forensics, and cyberthreats facing supply chain networks.

The panel discussion on Singapore’s current cybersecurity landscape saw Onn Chee Wong, CEO of Rajah & Tann Cybersecurity, Lawrence Tay, director (Regulations) of the CSA, Veronica Tan, director (Safer Cyberspace Division) of the CSA, Edmund How, managing director of ONESECURE Asia, and Kim Hock Leow, Asia CEO of wizlynx group, discussing the country’s new licensing framework for cybersecurity providers and cybersecurity certification program for enterprises.

The day ended with Clar Rosso, Clayton Jones, (ISC)² APAC managing director, and Garion Kong, (ISC)² Singapore Chapter president, highlighting critical insights on the broader cybersecurity landscape and workforce development. Beyond the stage, cybersecurity professionals also had the opportunity to learn more about the latest from the event’s sponsors and exhibitors, including AT&T Cybersecurity, AWS, and Noname Security.

The successful conclusion of SECURE Singapore is significant as it emphasizes our commitment to supporting our members, organizations and cybersecurity stakeholder agencies in Singapore and the wider region. We look forward to continuing the discussions from SECURE Singapore in the weeks and months ahead.

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July 29, 2022 at 09:09AM

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TD SYNNEX Launches Channel Leading Independent Software Vendor Experience

FREMONT, Calif. & CLEARWATER, Fla.–(BUSINESS WIRE)–TD SYNNEX announced today the launch of the most inclusive and comprehensive Independent Software Vendor (ISV) experience available in the market.

The ISV experience is designed to help accelerate Software-as-a-Service (SaaS) opportunities in the channel by leveraging the TD SYNNEX partner ecosystem to power IT operations, automate complex processes, and deploy new functionalities that drive sales, boost go-to-market practices, and deliver successful business outcomes.

“At TD SYNNEX, we’re committed to constantly challenging ourselves by transforming to meet the needs of our partners. With the explosive growth in the multi-hybrid cloud solutions space, we have implemented a streamlined ISV experience framework that ensures we curate the channel’s best ISV solutions marketplace,” said Francisco Criado, vice president, Cloud, Data, and IoT, TD SYNNEX. “By leveraging our strong vendor relationships, combined with unparalleled solutions aggregation and support capabilities, we are committed to helping ISVs accelerate business growth.”

Utilizing its best-in-class technology, partnerships, solutions, and expertise, TD SYNNEX pioneered its ISV experience methodology with a focus on providing ISVs with enablement at every stage of the ISV lifecycle.

The ISV experience currently delivers three tiers of offerings, enabling all types of ISVs, from startups to mature, growth stage companies, and positioning their solution capabilities in an ISV marketplace that delivers against the spectrum of IT needs and growth opportunities in the channel.

With this announcement, TD SYNNEX is enhancing ISV program capabilities across three main pillars:

• Business Acceleration: Focus on solutions built to help ISVs innovate and automate their business at their own pace.
• Technical Aggregation: Helping ISVs build monthly recurring revenue models with access to the TD SYNNEX advanced cloud platforms Stellr and StreamOne.
• Marketing as a Service: Advancement of building and enhancing an ISVs channel practice to scale their SaaS business.

Benefits of the TD SYNNEX ISV experience include:

• Automated billing, provisioning, and management for easier transactions through TD SYNNEX cloud marketplaces.
• Multi-cloud billing with support for consumption and subscription-based pricing models through one single platform.
• Access to leverage the TD SYNNEX IT solutions provider ecosystem to penetrate new markets and segments.
• Ability to deliver and deploy solutions faster through the TD SYNNEX SaaS delivery models and cloud-ready applications using next-gen technology (cloud, data, IoT and security).
• Access to our best-in-class professional services to service end customers with little to no investment.
• On-demand marketing through programs and services to attract new customers and increase pipeline opportunities.
• Individual attention with the TD SYNNEX next-gen technology experts to access training, coaching and more.

Whether an ISV wants to get on track to develop a channel strategy or advance a strategic distribution relationship, the TD SYNNEX ISV experience offers support to deliver business growth.

To learn more about the TD SYNNEX ISV Program, visit https://www.techdata.com/lp/tdsynnex/cloudsolv-isv-partner/.

About TD SYNNEX

TD SYNNEX (NYSE: SNX) is a leading global distributor and solutions aggregator for the IT ecosystem. We’re an innovative partner helping more than 150,000 customers in 100+ countries to maximize the value of technology investments, demonstrate business outcomes and unlock growth opportunities. Headquartered in Clearwater, Florida, and Fremont, California, TD SYNNEX’ 22,000 co-workers are dedicated to uniting compelling IT products, services and solutions from 1,500+ best-in-class technology vendors. Our edge-to-cloud portfolio is anchored in some of the highest-growth technology segments including cloud, cybersecurity, big data/analytics, IoT, mobility and everything as a service. TD SYNNEX is committed to serving customers and communities, and we believe we can have a positive impact on our people and our planet, intentionally acting as a respected corporate citizen. We aspire to be a diverse and inclusive employer of choice for talent across the IT ecosystem. For more information, visit www.TDSYNNEX.com or follow us on Twitter, LinkedIn, Facebook, and Instagram.

Safe Harbor Statement

Statements in this news release that are “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 involve known and unknown risks and uncertainties which may cause the Company’s actual results in future periods to be materially different from any future performance that may be suggested in this release. The Company assumes no obligation to update any forward-looking statements contained in this release.

© 2022 TD SYNNEX Corporation. TD SYNNEX, the TD SYNNEX Logo, and all other TD SYNNEX company, product and services names and slogans are trademarks of TD SYNNEX Corporation. Other names and trademarks are the property of their respective owners.

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July 29, 2022 at 09:09AM

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CarePayment Achieves HITRUST Risk-based, 2-year Certification to Manage Risk, Improve Security Posture, and Meet Compliance Requirements

NASHVILLE–(BUSINESS WIRE)–CarePayment, a leading patient financial engagement and financing company, today announced that key implemented systems earned Certified status for information security by HITRUST.

HITRUST Risk-based, 2-year (r2) Certified status demonstrates that the organization’s key implemented systems have met key regulations and industry-defined requirements and are appropriately managing risk. This achievement places CarePayment in an elite group of organizations worldwide that have earned this certification. By including federal and state regulations, standards, and frameworks, and incorporating a risk-based approach, the HITRUST Assurance Program helps organizations address security and data protection challenges through a comprehensive and flexible framework of prescriptive and scalable security controls.

“Data and infrastructure security are more important than ever in the cybersecurity landscape we find ourselves in today. Having this certification adds value not only to CarePayment, but also to our clients, prospective clients, and our members,” said CarePayment Chief Information and Technology Officer Sathish Kumar. “More than anything, this certification means that our clients can have peace of mind knowing that CarePayment has a commitment to keeping their information safe, and they can spend their resources on what is important – providing high-quality care to the communities they serve.”

“The HITRUST Assurance Program is the most rigorous available, consisting of a multitude of quality assurance checks, both automated and manual,” said Bimal Sheth, Executive Vice President, Standards Development & Assurance Operations, HITRUST. “The fact that CarePayment has achieved HITRUST Risk-based, 2-year Certification attests to the high quality of their information risk management and compliance program.”

About CarePayment

CarePayment is the leading patient financial engagement and financing company, designed to accelerate the transition of healthcare providers to the new digital, consumer-driven healthcare market. Powered by an integrated platform and analytics, our innovative patient financing solutions improve patient satisfaction and loyalty while delivering superior financial results. Offering recourse and non-recourse programs Pre-Care, Post-Care and Pre-Bad Debt, CarePayment helps all patients get the care they need, when they need it, while protecting the financial health of provider organizations so they can continue to offer valuable care to the community. CarePayment’s 0.00% APR, patient-friendly financing is compliant with applicable state and federal consumer credit laws, requires no application, and is supported by a friendly US-based customer service staff. Accounts for the program are issued by Republic Bank & Trust Company, Member FDIC. Find more information at carepayment.com.

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July 29, 2022 at 09:09AM

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Amazon.com Announces Second Quarter Results

SEATTLE–(BUSINESS WIRE)–Amazon.com, Inc. (NASDAQ: AMZN) today announced financial results for its second quarter ended June 30, 2022.

• Operating cash flow decreased 40% to $35.6 billion for the trailing twelve months, compared with $59.3 billion for the trailing twelve months ended June 30, 2021.

• Free cash flow decreased to an outflow of $23.5 billion for the trailing twelve months, compared with an inflow of $12.1 billion for the trailing twelve months ended June 30, 2021.

• Free cash flow less principal repayments of finance leases and financing obligations decreased to an outflow of $33.5 billion for the trailing twelve months, compared with an inflow of $0.6 billion for the trailing twelve months ended June 30, 2021.

• Free cash flow less equipment finance leases and principal repayments of all other finance leases and financing obligations decreased to an outflow of $26.1 billion for the trailing twelve months, compared with an inflow of $4.2 billion for the trailing twelve months ended June 30, 2021.

• Common shares outstanding plus shares underlying stock-based awards totaled 10.6 billion on June 30, 2022, compared with 10.4 billion one year ago. All share and per share information throughout this release has been retroactively adjusted to reflect the 20-for-1 stock split effected on May 27, 2022.

• Net sales increased 7% to $121.2 billion in the second quarter, compared with $113.1 billion in second quarter 2021. Excluding the $3.6 billion unfavorable impact from year-over-year changes in foreign exchange rates throughout the quarter, net sales increased 10% compared with second quarter 2021.

• Operating income decreased to $3.3 billion in the second quarter, compared with $7.7 billion in second quarter 2021.

• Net loss was $2.0 billion in the second quarter, or $0.20 per diluted share, compared with net income of $7.8 billion, or $0.76 per diluted share, in second quarter 2021. Second quarter 2022 net loss includes a pre-tax valuation loss of $3.9 billion included in non-operating expense from our common stock investment in Rivian Automotive, Inc.

“Despite continued inflationary pressures in fuel, energy, and transportation costs, we’re making progress on the more controllable costs we referenced last quarter, particularly improving the productivity of our fulfillment network,” said Andy Jassy, Amazon CEO. “We’re also seeing revenue accelerate as we continue to make Prime even better for members, both investing in faster shipping speeds, and adding unique benefits such as free delivery from Grubhub for a year, exclusive access to NFL Thursday Night Football games starting September 15, and releasing the highly anticipated series The Lord of the Rings: The Rings of Power on September 2.”

Highlights

Shopping Innovation

• Prime members worldwide shopped more and saved more this Prime Day than any other Prime Day event, purchasing more than 300 million items and saving more than $1.7 billion. On July 12 and July 13, Prime members worldwide purchased more than 100,000 items per minute, and some of the best-selling categories were Amazon Devices, Consumer Electronics, and Home. Amazon Devices had a record-breaking Prime Day, selling more devices than any other Prime Day event.

• Prime continued to provide even more value to members around the world. In the U.S., Amazon introduced new offers for Prime members, including a free one-year Grubhub+ membership, a new year-round 20% discount on select everyday essentials at Amazon Fresh stores, and exclusive deals on home entertainment items and merchandise to help prepare for NFL Thursday Night Football. Additionally, Prime Student members get six months free of a LinkedIn Premium subscription.

• Amazon introduced new ways for customers to support and discover small businesses selling in Amazon’s store, including the Small Business Badge, which helps customers find and shop products from small business brands and artisans, and This Is Small Business, a new podcast dedicated to sharing stories from small business owners about pivotal moments in starting, building, and scaling their businesses. This year was also the biggest Prime Day event for Amazon’s selling partners, most of which are small and medium-sized businesses, whose sales growth in Amazon’s store outpaced Amazon’s first-party sales. Customers spent over $3 billion on more than 100 million small business items included in the Support Small Businesses to Win Big sweepstakes, which offered customers the chance to win prizes when shopping from small businesses leading up to Prime Day.

• Amazon continues to invent new fashion shopping experiences for customers, launching Virtual Try-On for Shoes, where shoppers can virtually try on thousands of sneaker styles, and Luxury Stores at Amazon in France, Germany, Italy, Spain, and the UK, where customers can shop established and emerging luxury fashion brands online. Amazon Style, Amazon’s first-ever physical store for apparel, opened in Glendale, California, to help customers discover new looks through a personalized shopping experience. Amazon Style uses machine learning algorithms to produce tailored recommendations for customers as they shop. In the fitting room, customers can use touchscreens to browse more options and request additional styles and sizes. Amazon also expanded its selection of size-inclusive fashion to include a collection from designer Jonathan Cohen and a new co-brand between Amazon and Making The Cut Season Two winner Andrea Pitter called TEREA.

• Amazon announced that later this year, Amazon customers in Lockeford, California, and College Station, Texas, will be among the first to receive Prime Air drone deliveries in the U.S. Customers will have the option to receive free and fast drone delivery on thousands of everyday items—the largest selection of items ever to be available for drone delivery.

• Amazon continues to collaborate with leading retailers and stadiums to equip third-party locations with Just Walk Out technology for checkout-free shopping and Amazon One for palm recognition and payment service. Recent store openings include the Walk-Off Market food and beverage store at T-Mobile Park in Seattle and the Hudson Nonstop store in Nashville International Airport. Additionally, three stores will open at Texas A&M’s Kyle Field later this year. The combination of technologies gives shoppers the option to enter a store by inserting their credit card at the entry gate or hovering their palm over an Amazon One device. Once inside, shoppers can take what they want and leave without stopping to check out.

• Amazon continued to expand its grocery store footprint by opening 12 Amazon Fresh stores across the U.S. and the UK, and introduced new innovations to improve the shopping experience for customers, including the next generation Amazon Dash Cart. Amazon Dash Cart is a smart shopping cart that uses computer vision algorithms and sensor fusion to help identify items placed in a cart, so customers can skip the checkout line when they are done shopping. With the new Dash Cart, which is also expanding to its first Whole Foods Market store, shoppers can fit more items into their cart, bring the cart to their car, and easily search for specific items on the cart’s screen.

• Amazon announced Store Analytics, a new service that provides brands with aggregated and anonymized insights about the performance of their products, promotions, and ad campaigns in applicable stores. Store Analytics is available at Amazon Go and Amazon Fresh stores in the U.S. that are enabled with Just Walk Out technology and Amazon Dash Carts.

• Amazon continues to improve its shopping experience for U.S. customers who use SNAP EBT, the federal program that helps families purchase groceries. The company expanded the program so that beneficiaries in 48 states and Washington, D.C.—covering more than 99% of SNAP households—can now use their SNAP benefits to shop for groceries at Amazon.com, Amazon Fresh, and Whole Foods Market.

• Amazon released its second Brand Protection Report, which details how the company safeguards customers, brands, and selling partners from counterfeit products. Amazon identified, seized, and appropriately disposed of more than 3 million counterfeit products, preventing them from harming customers or being resold elsewhere in the retail supply chain. In 2021, the company employed more than 12,000 people and invested more than $900 million to protect its store from counterfeit, fraud, and other forms of abuse so customers can continue to shop with confidence.

• Amazon filed legal action against the administrators of more than 10,000 Facebook groups that attempt to orchestrate fake reviews on Amazon in exchange for money or free products. These groups are set up to recruit individuals willing to post incentivized and misleading reviews on Amazon’s stores in the U.S., the UK, Germany, France, Italy, Spain, and Japan. Amazon will use information discovered from this legal action to identify bad actors and remove fake reviews commissioned by these fraudsters that haven’t already been detected by Amazon’s advanced technology, expert investigators, and continuous monitoring.

• Amazon Ads launched Amazon Marketing Stream (Beta), a product that automatically delivers hourly Sponsored Products campaign metrics to advertisers or agencies through the Amazon Ads API. The Stream provides near real-time performance insights to enable more effective campaign optimization, more agility in responding to campaign changes, and increased operational efficiency to help drive business growth for advertisers.

• The second re:MARS conference took place in Las Vegas, and Amazon welcomed nearly 7,000 attendees, in person and virtually, to hear from top academics and experts in machine learning, automation, robotics, and space. This year’s event featured innovations from across Amazon, along with demos of Amazon’s Just Walk Out Experiential Mock Store, Boston Dynamics’ Spot® agile robot on AWS, Alexa Smart Home featuring the Astro household robot, and the Lunar Outpost lunar surface rover built on AWS.

Entertainment

• Former NFL quarterback Ryan Fitzpatrick and All-Pro cornerback Richard Sherman will join Pro Football Hall of Famer Tony Gonzalez as analysts for Prime Video’s NFL Thursday Night Football pregame, halftime, and postgame coverage. Veteran sports anchor Charissa Thompson will host the shows. Legendary sportscaster Al Michaels and Emmy-winning analyst Kirk Herbstreit will call the live action games.

• Prime Video received 30 Emmy nominations, and MGM received seven nominations. Prime Video’s nominations included The Marvelous Mrs. Maisel, Lucy and Desi, Lizzo’s Watch Out for the Big Grrrls, The Academy of Country Music Awards, The Boys Presents: Diabolical, Goliath, Savage X Fenty Show, and A Very British Scandal. MGM’s nominations included Vikings: Valhalla, The Voice, Shark Tank, and Survivor.

• The Boys continued to grow its audience with the debut of Season Three. Over its premiere weekend, the Emmy-nominated superhero drama increased its worldwide audience by 234% from Season One and 17% from Season Two.

• The Lord of the Rings: The Rings of Power continued to build anticipation in the lead-up to premiere. The release of new images, a teaser trailer, and a 60-second sneak peek for Prime members on Prime Day all preceded the debut of a highly anticipated three-minute trailer at San Diego Comic-Con. The long trailer was unveiled to a crowd of 6,500 fans during a panel with the show’s cast—moderated by Stephen Colbert—in the convention’s largest venue before being released globally. The Lord of the Rings: The Rings of Power launches exclusively on Prime Video in 240 countries and territories and 33 different languages on September 2.

• Prime Video debuted five new Original series: The Terminal List, starring Chris Pratt; The Summer I Turned Pretty; Chloe; The One That Got Away; and Forever Summer: Hamptons. In addition, adult animated series Undone and Fairfax each returned for second seasons. Prime Video premiered three new Original movies: Sundance Film Festival award-winner Emergency; Don’t Make Me Go, starring John Cho and Mia Isaac; and Anything’s Possible, directed by Billy Porter.

• Prime Video’s robust international slate grew with the debut of more than 25 local Originals and live sporting events. New global programming includes Yosi, the Regretful Spy (Argentina), The Kids in the Hall (Canada), Modern Love Mumbai (India), Bang Bang Baby (Italy), and Lovestruck High (UK). Sports programming includes Roland-Garros French Open tennis in France, the Australian Swimming Championships, and live boxing in Japan.

• The ad-supported, free streaming content service Amazon Freevee received its first major award win for Judy Justice, starring Judge Judy Sheindlin, which earned a Daytime Emmy. Freevee also premiered three new Original series—Bosch: Legacy, one of the 10 most-streamed shows across all services in May, according to streaming hub Reelgood; crime drama Troppo; and home-renovation series Hollywood Houselift with Jeff Lewis—and one Original film, Love Accidentally.

• Prime Video Channels expanded its portfolio to offer more premium Spanish-language content with the addition of Vix+, TelevisaUnivisions’ streaming service. Prime Video Channels offer customers additional paid subscriptions to third-party premium networks and other streaming entertainment channels, such as discovery+, Paramount+, AMC+, Globo, BET+, NBA League Pass, MLB.TV, STARZ, and SHOWTIME.

• Amazon Music brought epic live performances to customers streaming on the Amazon Music Twitch channel and on Prime Video, including performances from global superstars Maluma and Carrie Underwood, as well as Pharrell Williams’ Something In The Water festival, which featured Tyler The Creator, Jon Batiste, Pusha T, and Pharrell Williams.

• Amazon’s podcast streaming service, Wondery, partnered with Dolby Atmos, an audio technology provider, to become the first such service in the U.S. to deliver immersive audio. Dolby Atmos-enabled titles will be available to stream exclusively on the Wondery+ subscription service in 30 countries. Wondery also brought more original content to its global audience, including local-language translations of the investigative series Harsh Reality: The Story of Miriam Rivera; Business Wars in Spain and Italy; and original dating show Queen of Hearts worldwide.

• Audible signed a deal with President Barack Obama and Michelle Obama’s production company, Higher Ground, to create a slate of Audible shows. This new partnership reflects the companies’ shared mission to tell meaningful and entertaining stories that elevate diverse voices and experiences.

Devices and Services

• Automakers continue to launch Alexa integrations in new vehicle models, including the 2023 Acura Integra, 2023 GM Equinox, and 2022 Lucid Air. With Alexa Built-in, customers can ask Alexa to navigate, play music and audiobooks, share the news, check the weather, control smart home devices, pay for gas, and find parking. Customers can also remotely control their vehicle from home by asking Alexa to lock or unlock the car doors, check gas levels or charging range, and start or stop the engine. These automakers join other companies with existing integrations such as Audi, BMW, Chrysler, Ford, GM, Jaguar-Land Rover, Jeep, Mahindra, Rivian, and Volkswagen.

• Amazon added new features to Alexa Together, a service that helps aging family members feel more comfortable and confident living independently. Up to 10 caregivers can remotely support their aging loved one’s Alexa devices from afar with the Circle of Support feature, and the Remote Assist feature allows caregivers to remotely set up Alexa Routines, such as locking the door and turning off the lights at a certain time of night.

• Amazon launched new features to make Alexa smarter, more proactive, and more personal. Customers can now opt in to receive proactive notifications from Alexa about their favorite sports team, weather updates in their area, and when it’s time to refill their prescriptions. Additionally, Call Captioning, which shows captions on Echo Show devices during Alexa video calls, now supports Spanish, French, and Portuguese.

• Amazon now has over 1 million registered developers, brands, and device makers building with Alexa. The company continues to invent new ways for these builders to increase revenue and customer engagement, including the Alexa Routines Kit, which enables developers to configure and offer Alexa Routines to customers when they interact with a skill. For example, developers can integrate their skills into a customer’s morning routine, along with other Alexa experiences like smart home controls and music.

• Amazon introduced the next generation of Fire 7 and Fire 7 Kids, bringing more speed, performance, and value to the company’s most popular and affordable tablet.

• Amazon introduced new smart TVs with Fire TV built-in from Hisense and Xiaomi. With Fire TV built-in, customers get a content-driven viewing experience, a simple and intuitive user interface, Alexa, and hands-free TV control.

• Blink launched the first Blink Video Doorbell in France, Germany, Italy, the Netherlands, Spain, and the UK.

Amazon Web Services

• AWS continues to be the most broadly adopted set of cloud infrastructure services and announced new commitments and migrations from customers across many industries and geographies.
  • Travel and hospitality: Delta Air Lines selected AWS as preferred cloud provider to accelerate its digital business transformation and reimagine the travel experience. Using AWS, Delta will deliver new digital travel services, streamline its operations, enhance customer service from the booking process to the flight experience, and provide cloud training to employees globally.
  • Media and entertainment: Riot Games and AWS have teamed up to bring AWS’s data analytics integration to esports broadcasts for the first time, through Riot’s League of Legends, VALORANT, and League of Legends: Wild Rift esports leagues. AWS will also power Riot’s new cloud-first remote broadcast centers, which will support Riot’s current and future ambitions to reimagine entertainment experiences for billions of fans worldwide.
  • Telecommunications: The UK’s largest telecommunications company, BT, selected AWS as preferred cloud provider to transform legacy infrastructure and internal applications to a new cloud-first architecture. This will simplify BT’s current information technology (IT) footprint, enabling it to more rapidly serve customers and reducing costs in IT maintenance.
  • Financial services: Investment banking firm Jefferies will migrate all its IT systems to AWS, including internal and customer-facing applications, IT resources, and companywide data, as it looks to modernize its technology infrastructure, accelerate new digital services, realize operational efficiencies, and increase security and reliability.
  • Health care and life sciences: Health and wellness organization Geisinger selected AWS as its strategic cloud provider. Geisinger will migrate its entire digital portfolio of more than 400 applications and numerous workflows to AWS, which will enable lifesaving technologies and save Geisinger several million dollars annually.
  • Manufacturing: Sweden-based SKF, the leading manufacturer of bearings, collaborated with AWS to launch a fully automated, condition-monitoring solution for industrial machine reliability and predictive maintenance. This helps manufacturers monitor equipment, detect anomalies, and avoid unexpected machine failures in their facilities.
  • Energy: Italian multinational energy company Eni worked with AWS to integrate its proprietary data platform XWARE with the built-for-the-cloud Open Subsurface Data Universe on AWS to increase interoperability between applications, enabling accelerated data exchange, enhanced security, and deeper insights. Using AWS’s machine learning, business intelligence, and storage capabilities, Australia’s Electric Mine Consortium built the world’s first mining data platform for the creation of a cleaner, more electrified future in mining. The platform will drive decarbonization among mining companies, accelerate the electrification of mine sites at scale, and capture real-time information on mine decarbonization globally.
• AWS added to its more than 200 products and services to help customers lower costs, increase agility, and innovate faster.
  • AWS continues to innovate in generalized central processing units (CPUs) and announced the general availability of Amazon Elastic Compute Cloud (Amazon EC2) C7g instances, the next generation of compute-optimized instances powered by AWS-designed Graviton3 processors. Graviton3 processors provide up to 25% better performance for compute-intensive applications than C6g instances powered by AWS Graviton2 processors, which deliver up to 40% better price performance over comparable current generation x86-based instances. Graviton3 processors also use up to 60% less energy for the same performance than comparable EC2 instances.
  • AWS continues to transform how customers perform analytics by offering serverless options for Amazon Redshift, Amazon Managed Streaming for Apache Kafka (Amazon MSK), and Amazon EMR. Serverless options take the guesswork out of configuring infrastructure at any scale, so enterprises can expand the use of analytics in their organizations without needing to configure, scale, or manage the underlying infrastructure.
  • AWS announced the general availability of AWS Mainframe Modernization, as it further expands support for every type of workload. AWS Mainframe Modernization makes it faster and easier for customers to modernize mainframe-based workloads by moving them to the cloud, with no upfront costs or underlying infrastructure to manage.
  • AWS announced the general availability of AWS Cloud WAN, a managed wide area network service that makes it faster and easier to build, manage, and monitor a unified network that spans multiple locations and seamlessly connects cloud and on-premises environments. AWS Cloud WAN connects data centers, branch offices, and cloud resources into a single, centrally managed network that reduces operational cost and complexity while improving network health, performance, and security, so enterprises can remove the need to individually configure and manage multiple networks using different technologies.
• AWS strengthened its partner network of more than 100,000 systems integrators and independent software vendors from around the world that adapt their technology to run on or integrate with AWS.
  • IBM expanded its relationship with AWS and will offer its software catalog as-a-Service (SaaS) on AWS, providing customers quick and easy access to IBM’s automation, data and AI, security, and sustainability software.
  • AWS was named MongoDB’s 2022 Cloud (Co-Sell) Partner of the Year for jointly winning new deals and helping customers modernize around the world.
  • AWS was named Splunk’s 2022 Global Cloud Partner of the Year and announced a new Customer Immersion Experience Center in Splunk’s London office to demonstrate the benefit that data and digital transformation can have on innovation and cost reduction.
• AWS announced that it remotely operated an AWS Snowcone, an ultra-portable data transfer and edge computing device, on the International Space Station to process data on orbit for the first time as part of a private Axiom Space mission. The portable data storage and transfer device processed photos from onboard research experiments and optimized the limited bandwidth available between the space station and Earth. The operation showed that it is possible to extend AWS’s cloud computing hardware to space and will allow AWS to better support future customer space missions.
• AWS and Amazon Ads launched Amazon Marketing Cloud (AMC) Insights on AWS. The new solution helps advertisers and agencies easily use AWS services when running Amazon Ads campaigns to analyze and generate reporting from the Amazon Marketing Cloud API, reducing their development time from weeks to hours. With a few clicks, AMC users can monitor ongoing ad campaign performance across reach, frequency, geography, audience, and device type to better understand how to maximize ad spend.

Investing in Employees and Our Workplace

• In the first six months of 2022, more than 25,000 employees worldwide joined Amazon’s Career Choice program—taking advantage of benefits such as fully funded college tuition, new industry certifications, courses to improve English language proficiency, and high school completion programs. Since 2012, more than 80,000 employees have participated in Career Choice, one of nine upskilling programs offered by Amazon as part of its $1.2 billion commitment to upskill more than 300,000 Amazon employees by 2025.
• More than 90 companies, including Cummins, John Deere, The Boeing Company, and United Airlines, have joined Amazon and the National Safety Council (NSC) in a first-of-its kind pledge to reduce musculoskeletal disorders (MSDs), the most common workplace injury, by 25% by 2025. The pledge is part of the five-year partnership between Amazon and the NSC to reduce MSDs and improve workplace safety for millions of workers worldwide.
• Amazon is testing new robotic technologies to create a safer workplace for employees and improve the customer experience.
  • Proteus, Amazon’s first fully autonomous mobile robot, uses advanced safety, perception, and navigation technology developed by Amazon to move objects through the company’s operation facilities. Proteus navigates around employees—meaning it does not need to be confined to restricted areas.
  • Cardinal is a robotic workcell that uses advanced artificial intelligence (AI) and computer vision to handle lifting and turning of large or heavy packages and complicated packing in a confined space.
  • Amazon Robotics Identification is an AI-powered scanning capability that was developed based on employee feedback. It uses innovative computer vision and machine learning technology to enable easier scanning of packages in facilities.
  • Containerized Storage System is a robotic system that delivers products to employees in a more ergonomically friendly manner, reducing the need for employees to reach up, bend down, or climb ladders when retrieving items.
• Amazon was named No. 1 on LinkedIn’s Top Companies in Retail, a new list that ranks the industry’s 25 best U.S. companies to grow a career in, based on LinkedIn’s data. LinkedIn highlighted Amazon’s benefits, such as up to 20 weeks of fully paid leave for new and expectant parents, weekly pay, and various apprenticeship and certification opportunities.
• For the fifth year in a row, Amazon was included on the Disability Equality Index’s Best Places to Work for Disability Inclusion.
• Throughout the month of June, Amazon celebrated “Pride Out Loud” by amplifying the stories and lives of LGBTQIA+ employees, customers, and communities across the business. From operations to entertainment, the company supported more than 95 employee events around the world, sponsored local Pride celebrations in cities across the U.S., and donated to organizations that impact the lives of LGBTQIA+ youth.
• In celebration of Juneteenth, Amazon launched a comprehensive inclusive learning campaign for Amazon employees worldwide, featuring diversity, equity, and inclusion resources, programs and events, and interactive learning experiences, including a sit-down with Dr. Russell Wigginton, the president of the National Civil Rights Museum.
• Amazon launched its latest employee learning and development program, Day 1 Manager Onboarding, to accelerate new people-managers’ growth and development. The personalized learning program helps managers strengthen their understanding of Amazon’s culture, support employee career growth, and build high-performing teams through coursework on topics such as how to use leadership principles when making decisions and in common management scenarios.

Supporting Communities, Selling Partners, and the Economy

• Amazon continues to support individuals and organizations impacted by the war in Ukraine. AWS is helping Ukraine build up cybersecurity defenses and has already migrated 10 petabytes (10 million gigabytes) of essential data to the cloud from 27 Ukrainian ministries, 18 Ukrainian universities, the country’s largest remote learning K–12 school, and dozens of private-sector companies like PrivatBank, which serves 40% of the Ukrainian population and worked with AWS to securely migrate all its operations to the cloud in less than 45 days. President Volodymyr Zelenskyy awarded AWS the Ukraine Peace Prize for preserving the country’s digital infrastructure by migrating state registries and critical databases to AWS. Since the start of the war, Amazon has donated more than 2 million products to over 45 organizations supporting refugees, including 200,000 hygiene kits packed by Amazon employees around the world.

• In partnership with Welcome.US and resettlement agencies across the U.S., Amazon created the Welcome Essentials initiative using Amazon’s logistics expertise and product selection to offer refugee families free delivery of essential products, like furniture and household items, to help more than 1,000 families resettling in more than 40 cities in the U.S. this year. On top of this logistics support, Amazon has committed $2 million in donations of essential products to supporting partners.

• Amazon doubled the capacity of its Humanitarian Relief Hub in Atlanta to 1 million critical relief supplies that are ready to ship to communities in the Gulf Coast, the Caribbean, and Central America that have been affected by natural disasters. The facility has 20,000 cubic feet of storage space dedicated to relief items, and Amazon works with humanitarian partners around the world to deploy essential supplies when a disaster strikes, using Amazon’s global logistics network. Since 2017, Amazon has provided more than 18 million items to support relief partners worldwide during 81 natural disasters.

• With $96 million in cash donations to more than 180 organizations, Amazon was recognized by the Puget Sound Business Journal as the top corporate philanthropist in its home state of Washington. These contributions were part of Amazon’s total global donations of more than $360 million last year.

• Amazon was awarded the Defender of Innocence Award by the Mid-Atlantic Innocence Project. This award recognized Amazon’s legal department for its pro bono work to prevent and correct the conviction of innocent people in Maryland, Virginia, and Washington, D.C. Over the past few years, 120 Amazon lawyers in more than 14 countries have spent hundreds of hours screening, evaluating, and litigating cases for the organization—more time, people, and resources than any other company or law firm.

• Amazon announced additional investments in affordable housing projects in its hometown communities through the Amazon Housing Equity Fund’s $2 billion commitment. The Fund invested more than $30 million to create and preserve 705 affordable homes in Nashville, Tennessee, and in Seattle. The projects are in neighborhoods facing increasing rents and displacement pressures, and five out of the six investments are with local minority-led organizations. Since the launch of the Fund in 2021, Amazon has created or preserved over 8,000 affordable homes, increasing the affordable housing inventory in Bellevue, Washington, and Arlington, Virginia, by at least 20% in one year.

• In India, Amazon raised its pledge to now enable $20 billion in cumulative exports by 2025. Since launching in 2015, Amazon’s Global Selling program has grown to more than 100,000 exporters that are showcasing millions of Made in India products to customers worldwide through Amazon’s store. Indian exporters are on track to surpass $5 billion in cumulative exports. In Italy, Amazon announced a new pledge to help the more than 18,000 small and medium-sized businesses selling on Amazon reach €1.2 billion in annual export sales by 2025. This pledge will support the objectives of the Italian government’s National Recovery and Resilience Plan while ensuring a wider availability of original Italian products to customers worldwide.

• In India, Amazon launched Smart Commerce, a new initiative to further digitize local retail stores by enabling them to create customized online storefronts and provide an enhanced in-store shopping experience. Stores of any size will now take advantage of Amazon’s shopping innovations, logistics, and digital payments to provide a reliable and trustworthy experience for customers in store, directly through their dedicated online storefronts or on Amazon.in. There are more than 150,000 local stores already selling on Amazon.in, and Amazon is committed to digitizing 10 million small businesses, including local stores, by 2025.

• AWS announced that it selected 34 startups to receive funding and guidance across three accelerators in Sustainable Cities, Space, and Clean Energy. Each startup is eligible to receive technical guidance, business development and strategy support, collaboration opportunities with AWS customers and members of the AWS Partner Network, and up to $100,000 in AWS promotional credits.

Protecting the Planet

• In the U.S., Amazon started making customer deliveries with its custom Rivian electric delivery vehicles (EDVs). This rollout is the start of what Amazon plans to be thousands of EDVs in more than 100 cities by the end of 2022—and 100,000 EDVs across the U.S. by 2030. In India, Amazon signed an agreement with Tata Motors to include the new Tata Ace electric vehicle as part of Amazon’s delivery fleet. The new EDV was co-developed with Amazon and will contribute to the company’s goal of having 10,000 EDVs on the road in India by 2025. In the UK, Amazon announced the launch of its first micromobility hub for more sustainable deliveries in central London. E-cargo bikes and walkers from the new hub, along with Amazon’s electric fleet already on London’s roads, will make over 5 million deliveries a year across more than 10% of London’s Ultra Low Emission Zone.

• Amazon’s Climate Pledge Fund made new investments in Electric Hydrogen and Sunfire, two developers of electrolyzer technologies. Electrolyzer technology makes green hydrogen using water and renewable electricity. The Fund has announced investments in 18 companies to date as part of its mission to invest in visionary companies whose products and solutions will facilitate the transition to a low-carbon economy.

• The Climate Pledge announced a collaboration with the National Geographic Society to fund 15 National Geographic Explorers as they document the global climate crisis as part of the Society’s Global Storytellers Fund. The collaboration will advance early career and established storytellers—including photographers, writers, and filmmakers—with the funding, training, and exposure necessary to help inspire global audiences and drive urgent action against the climate crisis.

   

Financial Guidance

The following forward-looking statements reflect Amazon.com’s expectations as of July 28, 2022, and are subject to substantial uncertainty. Our results are inherently unpredictable and may be materially affected by many factors, such as uncertainty regarding the impacts of the COVID-19 pandemic, fluctuations in foreign exchange rates, changes in global economic conditions and customer demand and spending, inflation, regional labor market and global supply chain constraints, world events, the rate of growth of the Internet, online commerce, and cloud services, and the various factors detailed below. This guidance reflects our estimates as of July 28, 2022 regarding the impacts of the COVID-19 pandemic on our operations as well as the effect of other factors discussed above.

Third Quarter 2022 Guidance

• Net sales are expected to be between $125.0 billion and $130.0 billion, or to grow between 13% and 17% compared with third quarter 2021. This guidance anticipates an unfavorable impact of approximately 390 basis points from foreign exchange rates.

• Operating income is expected to be between $0 and $3.5 billion, compared with $4.9 billion in third quarter 2021.

• This guidance assumes, among other things, that no additional business acquisitions, restructurings, or legal settlements are concluded.

A conference call will be webcast live today at 2:30 p.m. PT/5:30 p.m. ET, and will be available for at least three months at amazon.com/ir. This call will contain forward-looking statements and other material information regarding the Company’s financial and operating results.

These forward-looking statements are inherently difficult to predict. Actual results and outcomes could differ materially for a variety of reasons, including, in addition to the factors discussed above, the amount that Amazon.com invests in new business opportunities and the timing of those investments, the mix of products and services sold to customers, the mix of net sales derived from products as compared with services, the extent to which we owe income or other taxes, competition, management of growth, potential fluctuations in operating results, international growth and expansion, the outcomes of claims, litigation, government investigations, and other proceedings, fulfillment, sortation, delivery, and data center optimization, risks of inventory management, variability in demand, the degree to which the Company enters into, maintains, and develops commercial agreements, proposed and completed acquisitions and strategic transactions, payments risks, and risks of fulfillment throughput and productivity. Other risks and uncertainties include, among others, risks related to new products, services, and technologies, system interruptions, government regulation and taxation, and fraud. In addition, global economic conditions and additional or unforeseen effects from the COVID-19 pandemic amplify many of these risks. More information about factors that potentially could affect Amazon.com’s financial results is included in Amazon.com’s filings with the Securities and Exchange Commission (“SEC”), including its most recent Annual Report on Form 10-K and subsequent filings.

Our investor relations website is amazon.com/ir and we encourage investors to use it as a way of easily finding information about us. We promptly make available on this website, free of charge, the reports that we file or furnish with the SEC, corporate governance information (including our Code of Business Conduct and Ethics), and select press releases, which may contain material information about us, and you may subscribe to be notified of new information posted to this site.

About Amazon

Amazon is guided by four principles: customer obsession rather than competitor focus, passion for invention, commitment to operational excellence, and long-term thinking. Amazon strives to be Earth’s Most Customer-Centric Company, Earth’s Best Employer, and Earth’s Safest Place to Work. Customer reviews, 1-Click shopping, personalized recommendations, Prime, Fulfillment by Amazon, AWS, Kindle Direct Publishing, Kindle, Career Choice, Fire tablets, Fire TV, Amazon Echo, Alexa, Just Walk Out technology, Amazon Studios, and The Climate Pledge are some of the things pioneered by Amazon. For more information, visit amazon.com/about and follow @AmazonNews.

AMAZON.COM, INC. Consolidated Statements of Cash Flows (in millions) (unaudited)
	Three Months Ended June 30,								Six Months Ended June 30,								Twelve Months Ended June 30,
	2021				2022				2021				2022				2021				2022
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH, BEGINNING OF PERIOD	$	34,155			$	36,599			$	42,377			$	36,477			$	37,842			$	40,667
OPERATING ACTIVITIES:
Net income (loss)		7,778				(2,028	)			15,885				(5,872	)			29,438				11,607
Adjustments to reconcile net income (loss) to net cash from operating activities:
Depreciation and amortization of property and equipment and capitalized content costs, operating lease assets, and other		8,038				9,594				15,546				18,572				29,687				37,322
Stock-based compensation		3,591				5,209				5,897				8,459				10,747				15,319
Other operating expense (income), net		18				122				48				337				(372	)			426
Other expense (income), net		(1,258	)			6,104				(2,714	)			14,793				(5,092	)			3,201
Deferred income taxes		701				(1,955	)			2,404				(3,956	)			1,063				(6,670	)
Changes in operating assets and liabilities:
Inventories		(209	)			(3,890	)			(513	)			(6,504	)			(4,082	)			(15,478	)
Accounts receivable, net and other		(4,462	)			(6,799	)			(6,717	)			(8,315	)			(13,294	)			(19,761	)
Accounts payable		47				3,699				(8,219	)			(5,681	)			8,689				6,140
Accrued expenses and other		(1,685	)			(1,412	)			(5,745	)			(7,315	)			1,071				553
Unearned revenue		156				321				1,056				1,657				1,467				2,915
Net cash provided by (used in) operating activities		12,715				8,965				16,928				6,175				59,322				35,574
INVESTING ACTIVITIES:
Purchases of property and equipment		(14,288	)			(15,724	)			(26,370	)			(30,675	)			(52,256	)			(65,358	)
Proceeds from property and equipment sales and incentives		1,300				1,626				2,195				2,835				5,080				6,297
Acquisitions, net of cash acquired, and other		(320	)			(259	)			(950	)			(6,600	)			(3,066	)			(7,635	)
Sales and maturities of marketable securities		13,213				2,608				31,039				25,361				61,512				53,706
Purchases of marketable securities		(21,985	)			(329	)			(36,660	)			(2,093	)			(74,929	)			(25,590	)
Net cash provided by (used in) investing activities		(22,080	)			(12,078	)			(30,746	)			(11,172	)			(63,659	)			(38,580	)
FINANCING ACTIVITIES:
Common stock repurchased		—				(3,334	)			—				(6,000	)			—				(6,000	)
Proceeds from short-term debt, and other		1,176				4,865				3,102				18,608				6,848				23,462
Repayments of short-term debt, and other		(1,176	)			(7,610	)			(3,177	)			(13,841	)			(6,817	)			(18,417	)
Proceeds from long-term debt		18,516				12,824				18,627				12,824				19,158				13,200
Repayments of long-term debt		(41	)			(1	)			(80	)			(1	)			(1,392	)			(1,511	)
Principal repayments of finance leases		(2,804	)			(2,059	)			(6,210	)			(4,836	)			(11,435	)			(9,789	)
Principal repayments of financing obligations		(28	)			(59	)			(95	)			(138	)			(116	)			(205	)
Net cash provided by (used in) financing activities		15,643				4,626				12,167				6,616				6,246				740
Foreign currency effect on cash, cash equivalents, and restricted cash		234				(412	)			(59	)			(396	)			916				(701	)
Net increase (decrease) in cash, cash equivalents, and restricted cash		6,512				1,101				(1,710	)			1,223				2,825				(2,967	)
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH, END OF PERIOD	$	40,667			$	37,700			$	40,667			$	37,700			$	40,667			$	37,700
SUPPLEMENTAL CASH FLOW INFORMATION:
Cash paid for interest on debt	$	179			$	349			$	455			$	628			$	942			$	1,271
Cash paid for operating leases		1,577				2,088				3,217				4,455				5,577				7,960
Cash paid for interest on finance leases		129				95				286				202				569				437
Cash paid for interest on financing obligations		35				55				68				113				127				198
Cash paid for income taxes, net of refunds		1,803				3,145				2,604				3,598				3,526				4,682
Assets acquired under operating leases		5,578				5,101				9,114				7,276				19,576				23,531
Property and equipment acquired under finance leases, net of remeasurements and modifications		1,642				61				3,709				227				9,976				3,579
Property and equipment recognized during the construction period of build-to-suit lease arrangements		1,193				986				2,080				2,351				3,486				6,117
Property and equipment derecognized after the construction period of build-to-suit lease arrangements, with the associated leases recognized as operating		99				1,079				99				1,112				99				1,243

AMAZON.COM, INC. Consolidated Statements of Operations (in millions, except per share data) (unaudited)
	Three Months Ended June 30,								Six Months Ended June 30,
	2021				2022				2021				2022
Net product sales	$	58,004			$	56,575			$	115,495			$	113,030
Net service sales		55,076				64,659				106,103				124,648
Total net sales		113,080				121,234				221,598				237,678
Operating expenses:
Cost of sales		64,176				66,424				126,579				132,923
Fulfillment		17,638				20,342				34,168				40,613
Technology and content		13,871				18,072				26,359				32,914
Sales and marketing		7,524				10,086				13,731				18,406
General and administrative		2,158				2,903				4,145				5,497
Other operating expense (income), net		11				90				49				339
Total operating expenses		105,378				117,917				205,031				230,692
Operating income		7,702				3,317				16,567				6,986
Interest income		106				159				211				267
Interest expense		(435	)			(584	)			(834	)			(1,056	)
Other income (expense), net		1,261				(5,545	)			2,958				(14,115	)
Total non-operating income (expense)		932				(5,970	)			2,335				(14,904	)
Income (loss) before income taxes		8,634				(2,653	)			18,902				(7,918	)
Benefit (provision) for income taxes		(868	)			637				(3,024	)			2,059
Equity-method investment activity, net of tax		12				(12	)			7				(13	)
Net income (loss)	$	7,778			$	(2,028	)		$	15,885			$	(5,872	)
Basic earnings per share	$	0.77			$	(0.20	)		$	1.57			$	(0.58	)
Diluted earnings per share	$	0.76			$	(0.20	)		$	1.55			$	(0.58	)
Weighted-average shares used in computation of earnings per share:
Basic		10,103				10,175				10,089				10,173
Diluted		10,286				10,175				10,276				10,173

AMAZON.COM, INC. Consolidated Statements of Comprehensive Income (Loss) (in millions) (unaudited)
	Three Months Ended June 30,								Six Months Ended June 30,
	2021				2022				2021				2022
Net income (loss)	$	7,778			$	(2,028	)		$	15,885			$	(5,872	)
Other comprehensive income (loss):
Foreign currency translation adjustments, net of tax of $(17), $76, $(4), and $60		159				(2,186	)			(215	)			(2,519	)
Net change in unrealized gains (losses) on available-for-sale debt securities:
Unrealized gains (losses), net of tax of $(2), $0, $28, and $1		(6	)			(238	)			(104	)			(900	)
Reclassification adjustment for losses (gains) included in “Other income (expense), net,” net of tax of $4, $0, $8, and $0		(12	)			7				(26	)			13
Net unrealized gains (losses) on available-for-sale debt securities		(18	)			(231	)			(130	)			(887	)
Total other comprehensive income (loss)		141				(2,417	)			(345	)			(3,406	)
Comprehensive income (loss)	$	7,919			$	(4,445	)		$	15,540			$	(9,278	)

AMAZON.COM, INC. Segment Information (in millions) (unaudited)
	Three Months Ended June 30,								Six Months Ended June 30,
	2021				2022				2021				2022
North America
Net sales	$	67,550			$	74,430			$	131,916			$	143,674
Operating expenses		64,403				75,057				125,319				145,869
Operating income (loss)	$	3,147			$	(627	)		$	6,597			$	(2,195	)
International
Net sales	$	30,721			$	27,065			$	61,370			$	55,824
Operating expenses		30,359				28,836				59,756				58,876
Operating income (loss)	$	362			$	(1,771	)		$	1,614			$	(3,052	)
AWS
Net sales	$	14,809			$	19,739			$	28,312			$	38,180
Operating expenses		10,616				14,024				19,956				25,947
Operating income	$	4,193			$	5,715			$	8,356			$	12,233
Consolidated
Net sales	$	113,080			$	121,234			$	221,598			$	237,678
Operating expenses		105,378				117,917				205,031				230,692
Operating income		7,702				3,317				16,567				6,986
Total non-operating income (expense)		932				(5,970	)			2,335				(14,904	)
Benefit (provision) for income taxes		(868	)			637				(3,024	)			2,059
Equity-method investment activity, net of tax		12				(12	)			7				(13	)
Net income (loss)	$	7,778			$	(2,028	)		$	15,885			$	(5,872	)
Segment Highlights:
Y/Y net sales growth (decline):
North America		22	%			10	%			30	%			9	%
International		36				(12	)			47				(9	)
AWS		37				33				35				35
Consolidated		27				7				35				7
Net sales mix:
North America		60	%			62	%			59	%			60	%
International		27				22				28				24
AWS		13				16				13				16
Consolidated		100	%			100	%			100	%			100	%

AMAZON.COM, INC. Consolidated Balance Sheets (in millions, except per share data) (unaudited)
	December 31, 2021				June 30, 2022
ASSETS
Current assets:
Cash and cash equivalents	$	36,220			$	37,478
Marketable securities		59,829				23,232
Inventories		32,640				38,153
Accounts receivable, net and other		32,891				34,804
Total current assets		161,580				133,667
Property and equipment, net		160,281				173,706
Operating leases		56,082				58,430
Goodwill		15,371				20,195
Other assets		27,235				33,730
Total assets	$	420,549			$	419,728
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities:
Accounts payable	$	78,664			$	71,219
Accrued expenses and other		51,775				56,254
Unearned revenue		11,827				12,818
Total current liabilities		142,266				140,291
Long-term lease liabilities		67,651				66,524
Long-term debt		48,744				58,053
Other long-term liabilities		23,643				23,458
Commitments and contingencies
Stockholders’ equity:
Preferred stock ($0.01 par value; 500 shares authorized; no shares issued or outstanding)		—				—
Common stock ($0.01 par value; 100,000 shares authorized; 10,644 and 10,699 shares issued; 10,175 and 10,183 shares outstanding)		106				107
Treasury stock, at cost		(1,837	)			(7,837	)
Additional paid-in capital		55,437				63,871
Accumulated other comprehensive income (loss)		(1,376	)			(4,782	)
Retained earnings		85,915				80,043
Total stockholders’ equity		138,245				131,402
Total liabilities and stockholders’ equity	$	420,549			$	419,728

AMAZON.COM, INC. Supplemental Financial Information and Business Metrics (in millions, except per share data) (unaudited)
		Q1 2021				Q2 2021				Q3 2021				Q4 2021				Q1 2022				Q2 2022				Y/Y % Change
Cash Flows and Shares
Operating cash flow — trailing twelve months (TTM)		$	67,213			$	59,322			$	54,671			$	46,327			$	39,324			$	35,574			(40	) %
Operating cash flow — TTM Y/Y growth (decline)			69	%			16	%			(1	) %			(30	) %			(41	) %			(40	) %		N/A
Purchases of property and equipment, net of proceeds from sales and incentives — TTM		$	40,803			$	47,176			$	52,119			$	55,396			$	57,951			$	59,061			25	%
Principal repayments of finance leases — TTM		$	11,448			$	11,435			$	11,271			$	11,163			$	10,534			$	9,789			(14	) %
Principal repayments of financing obligations — TTM		$	103			$	116			$	124			$	162			$	174			$	205			77	%
Equipment acquired under finance leases — TTM (1)		$	8,936			$	7,295			$	5,738			$	4,422			$	2,764			$	1,621			(78	) %
Principal repayments of all other finance leases — TTM (2)		$	525			$	550			$	582			$	687			$	714			$	751			36	%
Free cash flow — TTM (3)		$	26,410			$	12,146			$	2,552			$	(9,069	)		$	(18,627	)		$	(23,487	)		(293	) %
Free cash flow less principal repayments of finance leases and financing obligations — TTM (4)		$	14,859			$	595			$	(8,843	)		$	(20,394	)		$	(29,335	)		$	(33,481	)		N/A
Free cash flow less equipment finance leases and principal repayments of all other finance leases and financing obligations — TTM (5)		$	16,846			$	4,185			$	(3,892	)		$	(14,340	)		$	(22,279	)		$	(26,064	)		(723	) %
Common shares and stock-based awards outstanding			10,373				10,439				10,451				10,455				10,454				10,551			1	%
Common shares outstanding			10,082				10,124				10,139				10,175				10,171				10,183			1	%
Stock-based awards outstanding			291				315				311				280				283				368			17	%
Stock-based awards outstanding — % of common shares outstanding			2.9	%			3.1	%			3.1	%			2.8	%			2.8	%			3.6	%		N/A
Results of Operations
Worldwide (WW) net sales		$	108,518			$	113,080			$	110,812			$	137,412			$	116,444			$	121,234			7	%
WW net sales — Y/Y growth, excluding F/X			41	%			24	%			15	%			10	%			9	%			10	%		N/A
WW net sales — TTM		$	419,130			$	443,298			$	457,965			$	469,822			$	477,748			$	485,902			10	%
WW net sales — TTM Y/Y growth, excluding F/X			40	%			36	%			30	%			21	%			14	%			11	%		N/A
Operating income		$	8,865			$	7,702			$	4,852			$	3,460			$	3,669			$	3,317			(57	) %
F/X impact — favorable (unfavorable)		$	107			$	7			$	(20	)		$	57			$	126			$	165			N/A
Operating income — Y/Y growth (decline), excluding F/X			120	%			32	%			(21	) %			(50	) %			(60	) %			(59	) %		N/A
Operating margin — % of WW net sales			8.2	%			6.8	%			4.4	%			2.5	%			3.2	%			2.7	%		N/A
Operating income — TTM		$	27,775			$	29,634			$	28,292			$	24,879			$	19,683			$	15,298			(48	) %
Operating income — TTM Y/Y growth (decline), excluding F/X			93	%			73	%			41	%			8	%			(30	) %			(49	) %		N/A
Operating margin — TTM % of WW net sales			6.6	%			6.7	%			6.2	%			5.3	%			4.1	%			3.1	%		N/A
Net income (loss)		$	8,107			$	7,778			$	3,156			$	14,323			$	(3,844	)		$	(2,028	)		(126	) %
Net income (loss) per diluted share		$	0.79			$	0.76			$	0.31			$	1.39			$	(0.38	)		$	(0.20	)		(126	) %
Net income — TTM		$	26,903			$	29,438			$	26,263			$	33,364			$	21,413			$	11,607			(61	) %
Net income per diluted share — TTM		$	2.63			$	2.87			$	2.56			$	3.24			$	2.08			$	1.13			(61	) %

______________________________

(1)		For the twelve months ended June 30, 2021 and 2022, this amount relates to equipment included in “Property and equipment acquired under finance leases, net of remeasurements and modifications” of $9,976 million and $3,579 million.
(2)		For the twelve months ended June 30, 2021 and 2022, this amount relates to property included in “Principal repayments of finance leases” of $11,435 million and $9,789 million.
(3)		Free cash flow is cash flow from operations reduced by “Purchases of property and equipment, net of proceeds from sales and incentives.”
(4)		Free cash flow less principal repayments of finance leases and financing obligations is free cash flow reduced by “Principal repayments of finance leases” and “Principal repayments of financing obligations.”
(5)		Free cash flow less equipment finance leases and principal repayments of all other finance leases and financing obligations is free cash flow reduced by equipment acquired under finance leases, which is included in “Property and equipment acquired under finance leases, net of remeasurements and modifications,” principal repayments of all other finance lease liabilities, which is included in “Principal repayments of finance leases,” and “Principal repayments of financing obligations.”

AMAZON.COM, INC. Supplemental Financial Information and Business Metrics (in millions) (unaudited)
		Q1 2021				Q2 2021				Q3 2021				Q4 2021				Q1 2022				Q2 2022				Y/Y % Change
Segments
North America Segment:
Net sales		$	64,366			$	67,550			$	65,557			$	82,360			$	69,244			$	74,430			10	%
Net sales — Y/Y growth, excluding F/X			39	%			21	%			10	%			9	%			8	%			10	%		N/A
Net sales — TTM		$	254,521			$	266,635			$	272,819			$	279,833			$	284,711			$	291,591			9	%
Operating income (loss)		$	3,450			$	3,147			$	880			$	(206	)		$	(1,568	)		$	(627	)		(120	) %
F/X impact — favorable		$	8			$	34			$	14			$	32			$	42			$	61			N/A
Operating income (loss) — Y/Y growth (decline), excluding F/X			162	%			45	%			(62	) %			(108	) %			(147	) %			(122	) %		N/A
Operating margin — % of North America net sales			5.4	%			4.7	%			1.3	%			(0.2	) %			(2.3	) %			(0.8	) %		N/A
Operating income (loss) — TTM		$	10,789			$	11,795			$	10,423			$	7,271			$	2,253			$	(1,521	)		(113	) %
Operating margin — TTM % of North America net sales			4.2	%			4.4	%			3.8	%			2.6	%			0.8	%			(0.5	) %		N/A
International Segment:
Net sales		$	30,649			$	30,721			$	29,145			$	37,272			$	28,759			$	27,065			(12	) %
Net sales — Y/Y growth (decline), excluding F/X			50	%			26	%			15	%			3	%			0	%			(1	) %		N/A
Net sales — TTM		$	115,955			$	124,008			$	127,982			$	127,787			$	125,897			$	122,241			(1	) %
Operating income (loss)		$	1,252			$	362			$	(911	)		$	(1,627	)		$	(1,281	)		$	(1,771	)		(590	) %
F/X impact — favorable (unfavorable)		$	270			$	199			$	24			$	(58	)		$	(79	)		$	(231	)		N/A
Operating income (loss) — Y/Y growth (decline), excluding F/X			347	%			(53	) %			(330	) %			(533	) %			(196	) %			(526	) %		N/A
Operating margin — % of International net sales			4.1	%			1.2	%			(3.1	) %			(4.4	) %			(4.5	) %			(6.5	) %		N/A
Operating income (loss) — TTM		$	2,367			$	2,384			$	1,066			$	(924	)		$	(3,457	)		$	(5,590	)		(335	) %
Operating margin — TTM % of International net sales			2.0	%			1.9	%			0.8	%			(0.7	) %			(2.7	) %			(4.6	) %		N/A
AWS Segment:
Net sales		$	13,503			$	14,809			$	16,110			$	17,780			$	18,441			$	19,739			33	%
Net sales — Y/Y growth, excluding F/X			32	%			37	%			39	%			40	%			37	%			33	%		N/A
Net sales — TTM		$	48,654			$	52,655			$	57,164			$	62,202			$	67,140			$	72,070			37	%
Operating income		$	4,163			$	4,193			$	4,883			$	5,293			$	6,518			$	5,715			36	%
F/X impact — favorable (unfavorable)		$	(171	)		$	(226	)		$	(58	)		$	83			$	163			$	335			N/A
Operating income — Y/Y growth, excluding F/X			41	%			32	%			40	%			46	%			53	%			28	%		N/A
Operating margin — % of AWS net sales			30.8	%			28.3	%			30.3	%			29.8	%			35.3	%			29.0	%		N/A
Operating income — TTM		$	14,619			$	15,455			$	16,803			$	18,532			$	20,887			$	22,409			45	%
Operating margin — TTM % of AWS net sales			30.0	%			29.4	%			29.4	%			29.8	%			31.1	%			31.1	%		N/A

AMAZON.COM, INC. Supplemental Financial Information and Business Metrics (in millions, except employee data) (unaudited)
		Q1 2021				Q2 2021				Q3 2021				Q4 2021				Q1 2022				Q2 2022				Y/Y % Change
Net Sales
Online stores (1)		$	52,901			$	53,157			$	49,942			$	66,075			$	51,129			$	50,855			(4	) %
Online stores — Y/Y growth (decline), excluding F/X			41	%			13	%			3	%			1	%			(1	) %			0	%		N/A
Physical stores (2)		$	3,920			$	4,198			$	4,269			$	4,688			$	4,591			$	4,721			12	%
Physical stores — Y/Y growth (decline), excluding F/X			(16	) %			10	%			12	%			16	%			16	%			13	%		N/A
Third-party seller services (3)		$	23,709			$	25,085			$	24,252			$	30,320			$	25,335			$	27,376			9	%
Third-party seller services — Y/Y growth, excluding F/X			60	%			34	%			18	%			12	%			9	%			13	%		N/A
Subscription services (4)		$	7,580			$	7,917			$	8,148			$	8,123			$	8,410			$	8,716			10	%
Subscription services — Y/Y growth, excluding F/X			34	%			28	%			23	%			16	%			13	%			14	%		N/A
Advertising services (5)		$	6,381			$	7,451			$	7,612			$	9,716			$	7,877			$	8,757			18	%
Advertising services — Y/Y growth, excluding F/X			76	%			88	%			52	%			33	%			25	%			21	%		N/A
AWS		$	13,503			$	14,809			$	16,110			$	17,780			$	18,441			$	19,739			33	%
AWS — Y/Y growth, excluding F/X			32	%			37	%			39	%			40	%			37	%			33	%		N/A
Other (6)		$	524			$	463			$	479			$	710			$	661			$	1,070			131	%
Other — Y/Y growth, excluding F/X			49	%			34	%			15	%			19	%			28	%			135	%		N/A
Stock-based Compensation Expense
Cost of sales		$	90			$	145			$	126			$	179			$	146			$	213			46	%
Fulfillment		$	342			$	566			$	473			$	565			$	498			$	763			35	%
Technology and content		$	1,228			$	1,887			$	1,627			$	1,903			$	1,645			$	2,814			49	%
Sales and marketing		$	456			$	691			$	657			$	726			$	665			$	990			43	%
General and administrative		$	190			$	302			$	297			$	307			$	296			$	429			42	%
Total stock-based compensation expense		$	2,306			$	3,591			$	3,180			$	3,680			$	3,250			$	5,209			45	%
Other
WW shipping costs		$	17,162			$	17,747			$	18,108			$	23,656			$	19,560			$	19,304			9	%
WW shipping costs — Y/Y growth			57	%			30	%			20	%			10	%			14	%			9	%		N/A
WW paid units — Y/Y growth (7)			44	%			15	%			8	%			3	%			0	%			1	%		N/A
WW seller unit mix — % of WW paid units (7)			55	%			56	%			56	%			56	%			55	%			57	%		N/A
Employees (full-time and part-time; excludes contractors & temporary personnel)			1,271,000				1,335,000				1,468,000				1,608,000				1,622,000				1,523,000			14	%
Employees (full-time and part-time; excludes contractors & temporary personnel) — Y/Y growth			51	%			52	%			30	%			24	%			28	%			14	%		N/A

________________________

(1)		Includes product sales and digital media content where we record revenue gross. We leverage our retail infrastructure to offer a wide selection of consumable and durable goods that includes media products available in both a physical and digital format, such as books, videos, games, music, and software. These product sales include digital products sold on a transactional basis. Digital product subscriptions that provide unlimited viewing or usage rights are included in “Subscription services.”
(2)		Includes product sales where our customers physically select items in a store. Sales to customers who order goods online for delivery or pickup at our physical stores are included in “Online stores.”
(3)		Includes commissions and any related fulfillment and shipping fees, and other third-party seller services.
(4)		Includes annual and monthly fees associated with Amazon Prime memberships, as well as digital video, audiobook, digital music, e-book, and other non-AWS subscription services.
(5)		Includes sales of advertising services to sellers, vendors, publishers, authors, and others, through programs such as sponsored ads, display, and video advertising.
(6)		Includes sales related to various other offerings, such as certain licensing and distribution of video content and shipping services, and our co-branded credit card agreements.
(7)		Excludes the impact of Whole Foods Market.

Amazon.com, Inc.

Certain Definitions

Customer Accounts

• References to customers mean customer accounts established when a customer places an order through one of our stores. Customer accounts exclude certain customers, including customers associated with certain of our acquisitions, Amazon Payments customers, AWS customers, and the customers of select companies with whom we have a technology alliance or marketing and promotional relationship. Customers are considered active when they have placed an order during the preceding twelve-month period.

Seller Accounts

• References to sellers means seller accounts, which are established when a seller receives an order from a customer account. Sellers are considered active when they have received an order from a customer during the preceding twelve-month period.

AWS Customers

• References to AWS customers mean unique AWS customer accounts, which are unique customer account IDs that are eligible to use AWS services. This includes AWS accounts in the AWS free tier. Multiple users accessing AWS services via one account ID are counted as a single account. Customers are considered active when they have had AWS usage activity during the preceding one-month period.

Units

• References to units mean physical and digital units sold (net of returns and cancellations) by us and sellers in our stores as well as Amazon-owned items sold in other stores. Units sold are paid units and do not include units associated with AWS, certain acquisitions, certain subscriptions, rental businesses, or advertising businesses, or Amazon gift cards.

 

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July 29, 2022 at 09:08AM

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