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Amazon’s warehouse footprint has grown rapidly in recent years. (Chart Via Institute for Local Self Reliance)

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.

Among the 16 woodcut works, four of them were selected from his Rickshaw series which detailed the lives of drivers and their families.

Ambitious young executives are using contemporary management techniques to breathe new life into their parents' companies. Li Lei reports from Jinjiang, Fujian.

Amazon’s involvement in sea.citi is also noteworthy. The e-commerce giant has played an active role in Seattle’s transformation but faced criticism for a lack of civic engagement compared to other companies. That has been shifting in recent years; Amazon has donated millions of dollars to nonprofits like Mary’s Place and FareStart and is building a permanent homeless shelter on its Seattle campus.