Amazon Shares Tumble Amid Slowing Online Sales Growth
Amazon shares fell over 8% on Friday after the company reported slower online sales growth and increasing consumer demand for cheaper options…
Amazon: Revenue Forecast Below Wall Street Targets
Amazon.com shares fell nearly 8% after reporting slower second-quarter online sales growth and wary buyers exploring cheaper options The…
Amazon Unveils New $79 Echo Spot Alarm Clock
Amazon has introduced a new $79 Echo Spot alarm clock with upgraded display and enhanced audio quality, marking the first update to the device…
Amazon at 30: What’s Ahead for ‘The Everything Company’?
Thirty years after its inception, grasping the immense scale of Amazon is still a challenge Take into account the extensive warehouse located…
Amazon Faces EU Scrutiny on Recommender Algorithms, Ad Transparency
The European Commission issued Amazon a new request for information (RFI) on Friday, continuing its scrutiny of the major marketplace’s…
Australia’s Spy Agency Shifts Intel Data to Amazon Cloud
Defence Minister Richard Marles said a A$2 billion deal with Amazon Web Services will move Australia’s top secret intelligence data to…
Amazon to Halt Astro for Business Security Robot
On Wednesday, Amazon.com announced that it would discontinue the Astro for Business security robot, which was designed for small and…
Amazon Hits $2 Trillion Market Value For The First Time
Amazon crossed the $2 trillion market cap during intraday trading on Wednesday, joining tech giants like Nvidia, Apple, Alphabet, and…
Amazon Eyes $5-$10 Monthly Fee for Alexa Service Revamp
According to sources, is considering a $5 monthly fee for the premium version of its decade-old money-losing Alexa service, which will include…
Amazon’s Thrasio Emerges from Bankruptcy, Appoints New CEO
Amazon aggregator Thrasio, emerges from bankruptcy and names Stephanie Fox CEO, marking a fresh start for the company Greg Greeley, who had…
Amazon Invests $11B in German Cloud, Logistics
On Wednesday, Amazon announced a 10 billion euro ($10.75 billion) investment to meet Europe’s largest economy’s expanding demand…
Amazon to Pay $5.9 Million+ Fine for California Labor Violations
California’s labor regulator fined Amazon approximately $6 million for violating the state’s Warehouse Quotas law after officials…
European Group: EU Cybersecurity Label Shouldn’t Discriminate Against Big Tech
On Monday, 26 European business groups warned that a new cloud cybersecurity certification scheme (EUCS) should not discriminate against…
Samsung’s Lee Discusses Cooperation With Meta, Amazon, Qualcomm
Samsung Electronics said Thursday that its chairman met with Meta Qualcomm and Amazon leaders this week to discuss cooperating on AI, cloud…
Amazon Adds Grubhub Delivery to U.S. Site, App
Amazon.com, on Thursday, announced that U.S. customers may now buy from Grubhub directly on its shopping app and website, expanding an…
Next $1 Trillion Company Will be DePIN
Demand for decentralized connectivity solutions will propel DePIN to be the next $1 trillion company, measuring Amazon’s AWS in size.…
Google to Invest $2B in Malaysia Cloud Services
On Thursday, Alphabet said that it would invest $2 billion in Malaysia to build its first data center and Google Cloud region, the latest tech…
Netflix Challenges Google, Amazon With Own Ad Server
Discover how Netflix enters the ad server technology, aiming to compete with tech giants Google and Amazon with its innovative approach…
Jeff Bezos’s Blue Origin to Launch 6 Tourists
The founder of Amazon announced that the space tourism program will resume in 2022 with the first flight According to Space, the spacecraft…
Amazon Renames CodeWhisperer, Adds New Functions
Amazon’s new Q Developer joins the Q Business family, aiding devs with coding and AWS tasks. CodeWhisperer is now a member of the…