Amazon's move follows the company's $8.5 billion acquisition last year of the Metro-Goldwyn-Mayer Inc. film studio, home of James Bond and other franchises
According to the Mashable website, Amazon is developing its voice assistant device to be bigger and better
The Amazon-Samara combine has approached family offices and domestic capital investors for the deal, sources said
Officials with the US Trade Representative invited Amazon and Google lobbyists early last year to meet personally with Sarah Bianchi, the deputy trade representative
Shareholders and companies have reached agreements on about a third of the requests. Most of the rest will go to a vote
In AWS, the company has 25-plus machine learning services "where we have the broadest machine learning functionality and customer base by a fair bit"
AWS revenue rose 16% to $21.4 billion in the first quarter, the weakest growth rate since Amazon began breaking out the unit's sales
The change is particularly notable given the high rate of growth of the e-commerce industry in South Asia
The layoffs are part of the previously announced job cuts that would affect 9,000 employees. In the first job cut round, Amazon slashed approximately 18,000 roles
The third generation Fire TV Cube is Amazon’s most powerful media streaming device. Powered by an octa-core (4x2.0 GHz + 4x2.2GHz), the device is said to be 20 per cent more powerful than the previous
For employees who are impacted by this decision, Amazon is providing packages that include a separation payment, transitional health insurance benefits, and external job placement support
Meta, Apple, Amazon, Microsoft, and Google (FAAMG) stocks contribute more than 60 per cent of the tech stocks with $7.7 trillion
Amazon Web Services personnel in the US, Canada and Costa Rica whose jobs were being eliminated were notified early Wednesday, the unit's chief said in an email to staff
The firing spree was not limited to back-office jobs and affected big tech companies, including Amazon, Meta, Microsoft, and Google parent Alphabet, among others
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As tech layoffs continue unabated in 2023, Amazon and Google CEOs have hinted at more layoffs as the companies continue to evaluate business
Amazon Blockbuster Value Days sale started today, April 14, and it will continue until April 17
Amazon announced no plans to release a chatbot like the ones Microsoft and Google have debuted to mixed reviews
Tech giant was "spending heavily" on AI tools that have gained popularity in recent months
According to a report over 150,000 people have been affected by tech layoffs in 2022 alone, whereas, 68,500 new cuts were seen in January 2023 alone