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Amazon’s capital expenditures grew 17 percent during the quarter and the company plans to spend more this year on buildings and equipment to support AWS, said Brian Olsavsky, chief financial officer, on a conference call after the release of the results. Yesterday Microsoft announced that capital expenditures dipped slightly a week after Intel warned that cloud providers were “absorbing capacity” as opposed to adding new computing equipment.

Amazon’s net sales rose 26% to .5 billion in the first quarter, exceeding Wall Street’s expectations as people around the world relied on the company’s massive e-commerce infrastructure during the COVID-19 crisis.

Among all categories of non-box office revenue streams, film-related derivatives are likely to generate long-term profit, Chen said.

Amazon’s drone development program has been making the biggest splash in England, due to the fact that Britain is providing a friendly regulatory environment. “We’re getting really good cooperation,” Bezos said in Seattle in October. But tests are proceeding in other countries as well, including the United States.

Ambassador Ettore Francesco Sequi said in his speech that Italy attaches great importance to tourism cooperation with China, especially in recent years as the two countries have worked together frequently.