Amazon Preps Web Services Confab - WSJ.com

Meanwhile, while IBM attempts to buy its way into a sustainable AWS clone, on the e-retail side, Target Fills Its Cart With Some of Amazon's Tricks (WSJ)

"AWS is a big player in cloud computing. Its computers are the backbone behind video-streaming service Netflix Inc. and social network Pinterest Inc. AWS marketing chief Adam Selipsky likes to say that startups can use his service to open for business with just a credit card.
Amazon doesn't disclose the unit's finances, but Macquarie Capital analyst Ben Schachter has estimated revenue will approach $4 billion this year. The Seattle company has said AWS could one day become larger than its retail business, which now takes in $60 billion annually."

Amazon Preps Web Services Confab - WSJ.com