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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 billionaire founder, Jeff Bezos, is becoming a regular at Hollywood award ceremonies like tonight’s Golden Globes, and now he’s becoming an inspiration for the jokes as well.

Amedeo Scarpa, director of the Italy Trade Agency in Beijing, promotes Italian wines in China. [Photo provided to China Daily]

Amazon’s announcement this morning that it will acquire Whole Foods for .7 billion surprised the technology and retail industries, and the rest of the world. The deal promises to give Amazon a much larger physical retail footprint, with potential implications well beyond the grocery business.

Amazon’s?ability to constantly increase?the number of items?available for?free delivery is a testament to how?efficient the retail giant has become?at fulfilling orders. Just last week, Amazon made a similar announcement when it rolled out?free?same-day delivery on?more than 1?million items across a major swath of the U.S., covering?500 cities and towns.