Pinterest must spend at least $750 million on AWS through mid-2023

France Nouvelles Nouvelles

Pinterest must spend at least $750 million on AWS through mid-2023
France Dernières Nouvelles,France Actualités
  • 📰 CNBC
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 72%

Pinterest is a big AWS spender and will be for a while.

Every day, Pinterest processes and stores tons of food pictures, vacation images and videos using Amazon's cloud. Now we know how much all of that work costs.

But Pinterest has been spending more than that, shelling out $190 million on AWS in 2018, the Information reported in February. AWS is the dominant cloud infrastructure service, with annual revenue in excess of $25 billion. Pinterest said in the filing that it's currently"required to maintain a substantial majority of our monthly usage of certain compute, storage, data transfer and other services on AWS."

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

CNBC /  🏆 12. in US

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Pinterest has spent $309 million on Amazon's cloud since 2017 as part of a $750 million contractPinterest has spent $309 million on Amazon's cloud since 2017 as part of a $750 million contractPinterest, like Lyft, is under a massive Amazon Web Services contract.
Lire la suite »

Pinterest files to go public: Booked $756 million last year and claims 250 million monthly usersPinterest files to go public: Booked $756 million last year and claims 250 million monthly usersPinterest files to go public: Booked $756 million last year and claims more than 250 million monthly users.
Lire la suite »

I tried Samsung’s $750 Galaxy S10e, and I'm convinced it could be the Android phone to beatI tried Samsung’s $750 Galaxy S10e, and I'm convinced it could be the Android phone to beatSamsung's Galaxy S10e is a great choice for those looking for a large-screened phone in a compact design.
Lire la suite »

Pinterest hires Walmart CTO ahead of IPOPinterest hires Walmart CTO ahead of IPOAn IPO and subsequent public disclosures would open the company and its underlying tech up to heightened scrutiny.
Lire la suite »

Pinterest just dropped its filing to go public, revealing financials for the first timePinterest just dropped its filing to go public, revealing financials for the first timePinterest just released its IPO prospectus, joining a bevy of tech companies going public in 2019.
Lire la suite »

Pinterest just officially filed for an IPOPinterest just officially filed for an IPOPinterest filed its S-1 on Friday as it preps for an April IPO.
Lire la suite »

Pinterest files IPO, shows fourth-quarter profitPinterest files IPO, shows fourth-quarter profitPinterest Inc. filed its initial public offering documents late Friday. The image search company said it plans to list on the New York Stock Exchange under...
Lire la suite »

Pinterest's IPO filing shows how dependent websites and apps have become on Google and FacebookPinterest's IPO filing shows how dependent websites and apps have become on Google and FacebookPinterest says changes by Google and Facebook in early 2018 negatively impacted its user growth.
Lire la suite »



Render Time: 2025-03-11 05:32:30