The Association of American Publishers (AAP) announced today that the former United States Register of Copyrights, Maria A. Pallante, will succeed Tom Allen who is retiring as President and CEO. Pallante, who will join AAP on January 17, 2017, is widely-known as an intellectual property expert with a distinguished record of public service. “Maria is a creative, forward-thinking leader who has earned the deep respect of Members of Congress as well as intellectual property experts around the world,” said YS Chi, Chairman of the AAP Board of Directors. “The Board believes she is an excellent choice for President and CEO as she brings to AAP considerable expertise in many of the issues facing the publishing industry.” click Read More below for additional detail
Amazon’s cloud services business is on fire.
Amazon Web Services holds a 45% market share of the worldwide public market for Infrastructure as a service (IaaS), which is greater than Microsoft, Google and IBM’s shares combined, according to a quarterly analysis by Synergy Research Group.
Amazon Web Services’ revenue totaled a whopping $3.2 billion in its most recent quarter, up 55% from the year ago period, and accounted for nearly 10% of Amazon’s total revenue of $32.7 billion.
According to a report by geekwire, without Amazon Web Services’ extra financial push, the company would have posted a $286 million operating loss, rather than a $575 million operating profit, in the third quarter.