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MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

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Elon Musk on MacKenzie Scott giving away $26 billion of her fortune: 'Sadly,' it makes the world a worse place

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Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster

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MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

2

Elon Musk on MacKenzie Scott giving away $26 billion of her fortune: 'Sadly,' it makes the world a worse place

3

Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster
Amazon

Amazon Just Bought This Hot Cloud Startup

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Jonathan Vanian
Jonathan Vanian
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By
Jonathan Vanian
Jonathan Vanian
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July 14, 2016, 2:59 PM ET
Key Speakers At The 32nd Space Symposium
Jeff Bezos, chief executive officer of Amazon.com Inc. and founder of Blue Origin LLC, speaks during the 32nd Space Symposium in Colorado Springs, Colorado, U.S., on Tuesday, April 12, 2016. Commercial space exploration can advance at the fast pace of Internet commerce only if the cost is reduced through advances in reusable rockets, Bezos said. Photographer: Matthew Staver/Bloomberg via Getty ImagesPhoto by Matthew Staver/Bloomberg via Getty Images
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Amazon’s cloud is getting some fancy new tools.

The retail giant’s cloud-computing arm, Amazon Web Services, bought a small startup called Cloud9 that specializes in software development tools. Cloud9 revealed the deal on Thursday, but did not disclose how much the deal was worth.

Cloud9 is based in both Amsterdam and San Francisco and has under 50 employees, according to the startup’s LinkedIn profile. The startup built a so-called integrated development environment, which is basically an-all-in-one software package that gives coders a bunch of tools to build, test, debug, and run their own software.

It’s unclear whether Amazon (AMZN) is acquiring the startup for its workforce or if it will incorporate some of its technology within its own cloud computing service.

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The startup counts Salesforce (CRM), business software company Atlassian (TEAM), and music service Soundcloud as customers.

“We’re excited to let you, our users and customers, be among the first to learn that we have been acquired by Amazon!” wrote Cloud9 CEO Ruben Daniels in a blog post. “We will be joining the Amazon Web Services family, and we’re looking forward to working together on terrific customer offerings for the future.”

In January, Cloud9 said that it would then allow its customers to use its technology to build apps on Google’s (GOOG) competing cloud computing service. It’s unclear how Cloud9’s deal with Amazon will affect that capability.

Amazon declined to comment on the deal.

For more about Amazon, watch:

In April, Amazon bought for an undisclosed price a Silicon Valley startup called Orbeus that specializes in image-recognition technology.

About the Author
By Jonathan Vanian
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Jonathan Vanian is a former Fortune reporter. He covered business technology, cybersecurity, artificial intelligence, data privacy, and other topics.

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