AMZN Amazon.com Inc
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Amazon Names Dr. Roy Schoenberg Health Services Head to Scale Clinical Operations
Amazon named Amwell co-founder Dr. Roy Schoenberg as the new head of its Health Services division. The appointment becomes effective on July 1. Schoenberg will...
AWS Launches RNG Networking, Slashing Infrastructure Costs to Support AI
Amazon Web Services (AWS) deployed a new data center networking architecture called Resilient Network Graphs (RNG). This quasi-random flat topology replaces...
Swiggy Shuns Spending War With Amazon, Prioritizing Instamart Profits
Swiggy Ltd. CEO Sriharsha Majety confirmed the company will not engage in a spending war within India’s quick commerce sector. This decision targets...
Amazon Launches AI Fund and Production Platform, Greenlights Animated Series
Amazon MGM Studios and Amazon Web Services (AWS) have announced the launch of the GenAI Creators' Fund, an initiative to provide filmmakers and digital...
Amazon licenses AI shopping assistant, following $12 billion in internal sales
Amazon Web Services (AWS) will license its in-house artificial intelligence technology to external retailers. The new AWS Agentic Shopping Assistant utilizes...
Amazon Invests £15B in UK, Scaling AI and Logistics Infrastructure
Amazon invested over £15 billion ($20 billion) in the UK during 2025. This spending maintains progress toward a £40 billion investment target for 2025 through...
Amazon's Project Kuiper May Gain Access to EU Satellite Spectrum
Amazon's Project Kuiper and Elon Musk's Starlink may acquire a portion of the European Union's mobile satellite spectrum, according to sources. An upcoming...
Amazon's Massive $200B AI Spending Plan Stirs Investor Concern
Amazon is facing investor anxiety over its aggressive $200 billion capital expenditure plan focused on building out infrastructure for generative AI. Despite...
Amazon Shareholders Re-elect Board, Approve Executive Pay at Annual Meeting
Amazon.com, Inc. announced the voting results from its Annual Meeting of Shareholders held on May 20, 2026. Shareholders approved the election of all director...
Jeff Bezos Downplays AI Job Threats and Bubble Concerns in CNBC Interview
In a recent CNBC interview, Amazon founder Jeff Bezos expressed a bullish outlook on artificial intelligence, countering fears of widespread job displacement...
Anthropic expects first profit as revenue jumps to $10.9 billion
Anthropic expects second-quarter revenue to reach $10.9 billion. This figure more than doubles the $4.8 billion reported in the first quarter. The company...
Amazon's Bezos proposes zero income tax for bottom half of U.S. earners
Amazon founder Jeff Bezos proposed eliminating federal income tax for the bottom half of U.S. earners during a Wednesday CNBC interview. Bezos noted that the...
Shareholder Group Challenges Amazon Board Over AI Governance
Investor Advocates for Social Justice filed an exempt solicitation against four Amazon directors. The group urges shareholders to vote against their...
🔴 AMZN is trading 3.2% down today as tech stocks sell off
AMZN is trading at $256.33 (-3.22%) as tech stocks sell off amid broader market weakness and macro pressures. - The move aligns with a wider decline in major...
CISA Contractor Exposes AWS GovCloud Keys, Risking Sensitive Federal Assets
A contractor for the U.S. Cybersecurity and Infrastructure Security Agency (CISA) inadvertently exposed credentials for AWS GovCloud accounts and internal...
Amazon's Alexa+ Can Now Generate Custom Podcast Episodes On Demand
Amazon has unveiled a new feature for its Alexa+ service that allows users to generate custom podcast episodes on any topic on demand. Users can simply tell...
Amazon sued for withholding millions, following unauthorized Trump-era tariffs
Amazon faces a class-action lawsuit in Washington for allegedly withholding hundreds of millions of dollars in customer refunds. The complaint claims the...
Amazon Announces Further Job Cuts in Selling Partner Services Division
Amazon announced layoffs within its Selling Partner Services division. The company has cut over 30,000 employees in the past year. Amazon states the latest...
Amazon replaces Rufus with Alexa for Shopping to unify AI commerce
Amazon is replacing its Rufus AI shopping assistant with a new service called Alexa for Shopping. The tool rolls out to all U.S. customers this week on the...
Vapi hits $500M valuation, automating 100% of Amazon Ring support calls
Vapi achieved a $500 million valuation after securing a major contract with Amazon’s Ring. The AI voice platform outperformed 40 competitors to automate Ring's...