Amazon (AMZN) News – Page 67 of 245

Aug 1, 2019, 9:15 AM

Update: Jeff Bezos sells $2.8B in Amazon stock as ownership stake in tech giant drops to 12%

Update, August 5: New filings published Monday by the SEC show that Bezos sold more than 500,000 shares of Amazon… Read More

Jul 31, 2019, 8:18 PM

Amazon singled out in Democratic debates — again

Big Tech may be in the federal government’s crosshairs but you wouldn’t know it from the Democratic debates this week.… Read More

Jul 31, 2019, 1:43 PM

Key Amazon exec Jeff Blackburn to take one-year sabbatical in 2020

Jeff Blackburn, an influential Amazon executive and one of the longest-running members of Jeff Bezos’ senior leadership team, will take… Read More

Jul 31, 2019, 10:19 AM

Amazon sues former AWS exec for joining rival Google division as cloud wars escalate

Amazon’s pioneering cloud business gave the company an early lead in an emerging and lucrative industry but competition is heating… Read More

Jul 31, 2019, 10:02 AM

Amazon acquires enterprise flash storage startup E8 Storage

Amazon has acquired enterprise flash storage startup E8 Storage. Founded in 2014, the company sold a rack-scale software storage solution… Read More

Jul 30, 2019, 10:00 AM

Microsoft, Amazon, other tech giants forge ahead on healthcare data sharing pledge

This past August, executives from Microsoft, Amazon, Google, IBM, Oracle, and Salesforce banded together to promote data sharing in healthcare.… Read More

Jul 30, 2019, 8:37 AM

Fashion advice from Amazon? New personal styling service will tell you what to wear — for a price

In many areas, Amazon is king. Selling books, diapers, and other stables? Yep. creating a revolutionary logistics and delivery business?… Read More

Jul 29, 2019, 5:08 PM

Amazon sued by early voice tech developers who allege that company infringed on patents

Former investors and employees from VoiceBox Technologies are suing Amazon, alleging that the Seattle tech giant infringed on six of… Read More

Jul 29, 2019, 10:54 AM

As Amazon eyes food delivery in India, new report details tech giant’s grocery ambitions

Amazon is reportedly considering a new food delivery business in India, just a few weeks after shuttering its U.S. meal… Read More

Jul 26, 2019, 9:43 AM

Amazon R&D and infrastructure spending spikes as tech giant staffs up on technical talent

Amazon is spending more cash to hire top technical workers in key growth areas as the Seattle company competes for… Read More

Jul 25, 2019, 4:23 PM

Amazon’s big bet on 1-day delivery is costing more than expected and cutting into profits

Turns out that trying to promise 1-day delivery to tens of millions of customers costs a lot of money. Amazon… Read More

Jul 25, 2019, 3:59 PM

Amazon Web Services powers tech giant’s profits, again, but slower growth raises new questions

Amazon Web Services posted $8.4 billion in net sales and $2.1 billion in operating profits in the second quarter, continuing… Read More

Jul 25, 2019, 1:15 PM

Amazon shares dip after missing profit expectations; $63.4B in Q2 revenue up 20%

Shares of Amazon dipped more than 2 percent in after-hours trading after the company missed profit expectations for its second… Read More

Jul 25, 2019, 10:04 AM

eBay to launch new shipping service, upping the e-commerce ante as it battles Amazon and others

Next year eBay will launch a new delivery service to speed up shipments between buyers and sellers on its e-commerce… Read More

Jul 25, 2019, 9:27 AM

Amazon earnings preview: Analysts bullish despite more delivery investment and antitrust scrutiny

Update: Amazon shares dip after missing profit expectations; $63.4B in Q2 revenue up 20% Analysts are expecting another big quarter… Read More

Jul 24, 2019, 8:00 AM

Amazon’s newest Alexa accelerator cohort shows how voice apps and business models are maturing

Amazon’s Alexa Accelerator is up and running for the third consecutive year as another batch of early stage startups test… Read More

Jul 23, 2019, 2:15 PM

House antitrust chair ‘troubled’ by tech hearing, sends letters demanding clarity from Amazon, Facebook and Google

Amazon, Facebook, and Google finished their testimony at last week’s antitrust hearing, but the House Judiciary Committee isn’t letting them… Read More

Jul 23, 2019, 10:54 AM

Prime dispute: Trucking company sues Amazon over logo on tech giant’s shipping fleet

Amazon’s Prime-branded trucks have drawn a legal challenge from a company with a familiar name. Prime Inc., a nearly 50-year-old… Read More

Jul 23, 2019, 9:45 AM

This music superstar is performing at Amazon’s annual Post-Prime Day concert for employees

Macklemore. Demi Lovato. Lorde. DNCE. Amazon has scored some big names for its annual employee celebration concert event. But this… Read More

Jul 23, 2019, 7:13 AM

Amazon’s new real estate partnership with Realogy promises homebuyers up to $5k in credits

Amazon is stepping further into the real estate world. The Seattle tech giant announced a deal Tuesday with Realogy, the… Read More

Jul 22, 2019, 11:55 AM

Hello, neighbor! How Google Cloud is making its presence known in Amazon’s backyard

Google is planting its flag in Amazon territory. Google signage has been installed across the multiple buildings going up in… Read More

Jul 22, 2019, 7:43 AM

3 more Amazon Go stores on the way in Seattle and Chicago, bringing total footprint to 17 locations

Amazon today announced three new Amazon Go stores that will open soon in Seattle and Chicago, bringing the total footprint… Read More

Jul 20, 2019, 9:52 AM

Amazon hires lobbyist with Trump ties amid contentious Pentagon cloud contest

Amazon Web Services is enlisting Jeff Miller, a former fundraiser for President Donald Trump, according to a lobbying disclosure form… Read More

Jul 19, 2019, 7:42 AM

The case against Amazon: Why the tech giant is facing antitrust scrutiny on two continents

Authorities on both sides of the pond are now looking into whether Amazon behaves anti-competitively. It was tough week for… Read More

Jul 17, 2019, 10:38 AM

Amazon Prime Day 2019: Protests, political battles, and a record 175M items sold

Amazon said the latest edition of Prime Day, the multi-day summer sales bonanza, was its most popular shopping event yet,… Read More

Jul 17, 2019, 8:02 AM

It’s official: EU opens investigation into Amazon for ‘possible anti-competitive conduct’

The European Commission is launching a formal investigation into whether Amazon uses its position to hurt competition in its marketplace… Read More

Jul 16, 2019, 10:22 PM

From Prime location atop The Spheres in Seattle, Jeff Bezos thanks Amazon shoppers and workers

He could have sent an email. Or dropped a gift card in everyone’s mailbox. But instead, Amazon CEO Jeff Bezos… Read More

Jul 16, 2019, 3:30 PM

Lawmakers focus on Amazon during antitrust hearing, grilling company on marketplace practices

Congress asked four of the top tech companies in the world to testify on antitrust issues Tuesday — but once… Read More

Jul 16, 2019, 2:52 PM

Amazon vs. Bernie Sanders battle continues as company calls out senator over warehouse debate

The Amazon vs. Bernie Sanders battle continued Tuesday as the Seattle tech giant fired back again on the topic of… Read More

Jul 16, 2019, 8:34 AM

EU reportedly investigating Amazon’s treatment of third-party sellers, formalizing antitrust probe

As Amazon preps for a big antitrust hearing in the U.S., reports are surfacing that the European Union is launching… Read More