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Amazon's cloud computing service provides back-end support to many companies that operate online. When it has problems, so do they.

In a slow-motion race of two retail behemoths, Amazon's trump card was its lucrative cloud-computing business.

The company says its "network device issues" are resolved. Earlier, users were blocked from sites or apps connected to Amazon Web Services, including NPR, Netflix, Venmo and Disney+.

Amazon's CEO will be Andy Jassy, the head of its cloud computing division. "As much as I still tap dance into the office, I'm excited about this transition," Bezos says.

The biggest culprit was Amazon hefty investment in the electric automaker Rivian, whose value plummeted last year. Amazon also contends with the need to recalibrate after a pandemic-era upsurge.

The federal government has sued Amazon for allegedly using its monopoly power to stamp out rivals. Now, some small businesses that sell on the marketplace reveal what it's like to depend on Amazon.

It's little known that the CIA uses Amazon Web Services to store its data, and, now, it's the favorite for a big-money Pentagon contract to do the same. Amazon's tentacles go to other agencies, too.

Amazon is buying One Medical, a primary care practice. The tech giant has already stepped into the health care world, but experts said this is a big step to expand Amazon's physical health presence.

Amazon is increasing the U.S. subscription cost to $139 a year from $119, citing more customer benefits and higher employee wages and transportation costs.

The Federal Trade Commission and 17 states accuse Amazon of suffocating rivals and raising costs for both sellers and shoppers.