Amazon is hot and turned a profit but the real story is how they are growing in their cloud business and at getting people to buy into their Prime service.

Why investors suddenly want a piece of Amazon

Amazon's stock just skyrocketed 18 percent in after-hours trading. Here are three reasons why investors are happy right now: Amazon surpassed analyst expectations by a landslide. The company was expected to generate losses per share of $0.14 – it instead delivered earnings of $0.19 per share. That's huge.

If you are wondering why the venture market is so hot, all you need to do is check out this report.

Venture Pulse Q2'15

TORONTO (July 23, 2015) ─Venture capital (VC)-backed companies raised more than US$32 billion in Q2 2015 across 1,819 deals, bringing the total raised by VC-backed companies globally to a staggering $59.8 billion for the first half of 2015, according to Venture Pulse Q2 '15 the first in a quarterly VC report series from KPMG International and VC data company CB Insights.

Uber is getting more and more into the delivery business.

Uber cars now deliver smartphones

Hailo may be king of the taxi-app in Ireland but Uber is still more popular in many places around the world. And that might be down to the odd little extras they offer their users. Today's deal is all about the new Xiaomi smartphone, which is set for release on the 28th of July.

Twitter and Meerkat are going at it. This time Meerkat scoops up integration with GoPro.

Meerkat launches GoPro integration

Mary Catherine Wellons | CNBC This is the latest move as Meerkat and rival Periscope step up their battle for the next frontier of video. It's the latest in a series of announcements for Meerkat, including the ability to connect to Facebook profiles, and "Cameo," the ability for users to switch their live stream over to someone else, for a brief cameo.

Attention Developers.  Twitter's conference returns to San Francisco this October.

Twitter conference for mobile-app developers returns to San Francisco – CNET

The microblogging site aims to compete against Facebook, Apple and Google for developer mind share. Wanted: A few good mobile-app developers to help attract new users to a popular yet struggling social network. Though you won't find that ad anywhere, it could describe the focus of Twitter's second annual Flight conference, which the company on Wednesday said will be held on October 21 in San Francisco.

Twitter is getting more and more into targeting ads.

Twitter's Event Targeting Helps Marketers Zero In On Live Audiences

Twitter, long the leading social network for real-time marketing, is pushing its advantage. Today the company introduced event targeting, a new advertising feature to help brands and businesses reach people engaged with live events on the network.

Apple doesn't carry Nest in the Apple Store's anymore.

Apple yanks Google's Nest smart thermostat from website and retail stores

You can no longer purchase Google's popular smart thermostat on Apple's online store or at its retail locations. Apple confirmed to Mashable it has pulled the web-connected product – considered the first mainstream smart home product – from its shelves and website.

Comcast broadband outpaces Comcast cable.

Comcast has finally become an Internet-first company

Comcast may have begun as a television provider that later tacked on an Internet business, but now those positions have finally reversed: The company now has more broadband customers than it does TV subscribers. The margin is slim, about 22.5 million Internet subscribers to 22.3 million video customers.

Google gets generous with patents.

Google gives free patents to eligible startups – Tech2

Late in April this year, Google launched a marketplace for companies to sell patents . However, in a new effort, Google is now opening up patents it owns and offering it up for free to startups. The Patent Purchase Promotion was an experiment to remove friction from the patent market.

Catch Ken Rutkowski and I talk about new apps, James Bond and more on Business Rockstars from July 22nd.

Tools to Help Make Your Business Proactive

Andy Abramson, the CEO of Communicano, tells you about new websites that will help you run a productive business! Check these apps and website out to assist you in starting, growing, and running a business. 1. Google Drive plug-in for Microsoft Office 2. Wildcard.co – meet people who matter! 3.