Amazon, McDonald’s, Piccadilly Lights: Everything that matters this morning

Amazon’s ad business tops $1bn
Amazon is now generating more than $1bn from advertising as its investment in new ad technology such as programmatic and hiring staff to work on its ad products pays off. Amazon’s “other” revenue, which is mostly ad sales but also includes its credit card business, saw revenues rise 58% year on year to $1.12bn in its third quarter. And growth is accelerating, up from 53% in Q2.
Speaking on a conference call with analysts following its result