Amazon.com Inc (AMZN)
Amazon investing over $1 billion to raise employee pay-and-lower health care costs
Amazon.com is investing over $1 billion to raise pay-and-lower health care costs for U.S. fulfillment and transportation employees, the tech giant said on Wednesday.
Amazon Aims to Grow Ad Sales Further by Automating Creation
The biggest names in tech are racing to make advertising easier, especially for small businesses and consumer goods companies.
Amazon CEO Jassy says company is reducing bureaucracy, which is ‘anathema' to innovation
Amazon CEO Andy Jassy said he's working to root out bureaucracy from within the company's ranks as part of an effort to reset its culture. "I would say bureaucracy is really anathema to startups and to entrepreneurial organizations," Jassy said at Amazon's annual conference for third-party sellers in Seattle.
Best Stock to Buy Right Now: Costco vs. Amazon
Costco Wholesale (COST 0.42%) has some amazing qualities that make it a retail destination for an increasing number of members under all kinds of circumstances. It's no wonder the stock keeps climbing despite its premium valuation.
Mexico's Antitrust Watchdog Decides Against Corrective Measures for Amazon and Mercado Libre
Mexico's antitrust watchdog Cofece reportedly found that Amazon and Mercado Libre create barriers to competition for sellers on their platforms but said it will not order corrective measures. These decisions followed Cofece's investigation into the country's eCommerce market, in which the two companies account for a collective 85% of total sales, Reuters reported Friday (Sept.
Investing in Space: Amazon plays catch-up with SpaceX in satellite internet race
SpaceX has an edge over internet satellite entrants with its established Starlink constellation and launch capabilities. Amazon's fledgling Project Kuiper, which is still building its network, has nevertheless already begun to attract clients.
Amazon Developing Augmented Reality Glasses for Consumers and Delivery Drivers
Amazon is reportedly developing augmented reality (AR) glasses for consumers and for delivery drivers. The company aims to launch the consumer product late next year or early in 2027 and the delivery driver one as soon as the second quarter of 2026, The Information reported Wednesday (Sept.
Amazon developing consumer AR glasses with microphones, speakers and camera to rival Meta: report
The glasses will include microphones, speakers, a camera and a full‑color display in one eye, the report said.
Amazon kicks off Zoox robotaxi service in Las Vegas
Amazon.com Inc (NASDAQ:AMZN) on Wednesday launched its Zoox robotaxi service in Las Vegas, offering free rides to passengers from a few locations. The company said it has spent two years testing the vehicle in the city.
Can AMZN's AWS Partnerships Counter Cloud Market Share Declines?
Amazon AMZN-owned Amazon Web Services (“AWS”) deepened its African footprint with a strategic partnership announcement from South Africa's Absa Group, signaling AWS' aggressive push to capture emerging market cloud share amid intensifying competition from Microsoft MSFT Azure and Alphabet GOOGL-owned Google Cloud. The multi-year framework positions AWS as Absa's preferred cloud provider, marking another win in Amazon's quest to maintain its cloud dominance despite rivals posting faster growth rates.
Prediction: Amazon Will Be a Millionaire-Maker Stock
Amazon (AMZN 1.44%) has been a multibagger stock over time, multiplying in value and rewarding the long-term investor. Most of the big gains have come over the past decade, as the company's Prime subscription service and cloud computing unit Amazon Web Services (AWS) saw growth take off.
Anthropic's $183 Billion Valuation Could Add Fuel to Amazon's AI Ambitions
Rightly or wrongly, Amazon (AMZN 1.44%) has been viewed as something of a laggard in artificial intelligence (AI) among big tech companies since the launch of ChatGPT.
