Amazon (AMZN) News – Page 7 of 236

Amazon giving $9M to Seattle-area organizations addressing needs around homelessness

Amazon is donating $9 million to six organizations in the Seattle area that are working to address the needs of… Read More

Jeff Bezos sells $2 billion worth of Amazon shares in his first stock sale since 2021

Jeff Bezos sold nearly 12 million Amazon shares, his first sale of the company’s stock since 2021, for a total… Read More

Can Amazon find utopia in Bellevue? Tech giant recognized for contributions to city’s downtown

BELLEVUE, Wash. — The courtship between this city and one of the world’s biggest tech companies continued Thursday as the… Read More

Amazon cutting hundreds of jobs in health care units One Medical and Amazon Pharmacy

Amazon is cutting hundreds of jobs at its health care units, Amazon Pharmacy and the primary care company One Medical,… Read More

Filing: Jeff Bezos adopted plan to sell up to 50M Amazon shares six days after announcing move

A new Amazon filing, detailing Jeff Bezos’ plan to sell a slice of his stake in the company, sheds fresh… Read More

Amazon plans to ‘hold the line’ on job growth as hiring slowdown contributes to record profits

Amazon ended the fourth quarter with 1,525,000 employees, up by 25,000 people from the third quarter but down 1% from… Read More

Amazon shares rise 6% as cloud and advertising power record Q4 revenue of $170B

Amazon topped expectations for its holiday quarter, reporting record revenue of $169.9 billion, up 14% year-over-year, and earnings per share… Read More

Amazon unveils ‘Rufus’ AI shopping assistant, rolling out in coming weeks in mobile app

Amazon is integrating an AI assistant called Rufus into its mobile shopping app. The new generative AI feature, just announced,… Read More

Amazon earnings preview: AWS, advertising, AI in the spotlight for holiday quarter results

Amazon will report its holiday quarter 2023 earnings on Thursday. Wall Street expects earnings of $0.80 per share and record… Read More

Amazon delivery gets faster, with 65% jump in number of same-day and overnight items in U.S.

Amazon continues to increase the speed with which it can get deliveries to customers, announcing Tuesday that it increased the… Read More

Amazon terminates $1.4B iRobot deal, blames ‘disproportionate’ regulatory hurdles

Amazon is abandoning plans to acquire Roomba maker iRobot, a $1.4 billion deal that would have been one of the… Read More

Ring ends feature that let police ask users for videos via Neighbors app

Police and other public safety agencies will no longer be able to request and receive videos from users of Amazon’s… Read More

Amazon’s birthplace is back on the market: Visitors flock to the house ‘where it all started’

BELLEVUE, Wash. — With an asking price of $2.28 million, the three-bedroom, two-bathroom house at 10704 NE 28th St. is… Read More

Podcast

GeekWire Podcast: Costco vs. Amazon, Microsoft’s latest Copilot, and a Zulily conspiracy theory

This week on the GeekWire Podcast, we consider Microsoft’s latest AI product, the $20/month Copilot Pro subscription service, compare it… Read More

Amazon not planning to add delivery fees in Seattle as new minimum wage law impacts Flex drivers

Uber, Instacart, and DoorDash made it known last week that they were adding new delivery fees for Seattle customers as… Read More

Amazon logistics leader John Felton takes new role as CFO of Amazon Web Services

John Felton, a member of Amazon’s senior leadership team who most recently helped lead the company’s logistics operations, took a… Read More

Amazon Business leader taking leave of absence; Devices exec will step in to fill role

Alex Gagnon, vice president of Amazon Business and a 21-year veteran of the tech giant, is taking a leave of… Read More

Podcast

‘Unfinished business’: Ring CEO Liz Hamren leads Amazon’s home monitoring products into the AI era

Liz Hamren has been CEO of Amazon’s Ring business for almost a year, as the successor in the role to… Read More

Amazon’s Twitch, Prime Video, MGM Studios units lay off hundreds

Layoffs are hitting Amazon’s entertainment businesses. Twitch, the industry-leading livestreaming platform Amazon acquired in 2014, is cutting more than 500… Read More

Amazon shuts down last remaining Fresh Pickup location in Seattle, but keeps package service open

Amazon closed the last of its only two Amazon Fresh Pickup locations, marking the end of another effort by the… Read More

Ads coming to Amazon Prime Video movies and TV shows starting Jan. 29

Amazon has set the date for when it will introduce ad breaks to streaming content on Prime Video: Jan. 29.… Read More

Podcast

Surviving Amazon: Work, life, and bias inside one of the world’s most ambitious businesses

[Editor’s Note: We’re excited this week to welcome a guest host to the GeekWire Podcast, Ross Reynolds, whose voice is… Read More

Amazon brings back ability to use Alexa to thank and tip delivery drivers during holiday rush

Next time an Amazon package hits your front step, don’t just shout thanks through the door or at the van… Read More

Zulily sues Amazon, alleging that price-fixing and supplier coercion sank its attempts to compete

Updated with Amazon statement. Less than a week after cutting hundreds of jobs and signaling its intent to go out… Read More

Amazon asks court to toss FTC case, saying its practices are ‘the essence of competition’

Amazon defended the business practices targeted by the Federal Trade Commission as “the essence of competition” and asked a federal… Read More

Amazon restructures seller fees to match its regional fulfillment strategy amid FTC lawsuit

Amazon says it will change the way it charges sellers who use its fulfillment services, introducing a new fee designed… Read More

Podcast

‘Amazon Q’ and the new era of AI for business: A conversation with AWS VP Matt Wood

Conference attendees in Las Vegas are accustomed to encountering people standing on the street, aggressively trying to hand them flyers… Read More

Inside Amazon’s new Bellevue office tower, where the company is testing evolving workplace designs

Nobody dropped the tech industry’s tried and true “fail fast” mantra, but during a tour Wednesday of Amazon’s newly opened… Read More

Amazon inks new deal with NASCAR, bolstering sports streaming portfolio

Amazon’s live sports ambitions keep growing. The Seattle tech giant announced Wednesday a seven-year content deal with NASCAR that includes… Read More

A Project Kuiper satellite terminal is set up with a wind farm in the background. (Amazon Photo)

Amazon’s Project Kuiper highlights new connections to AWS and partners in Japan

As Amazon gears up to build and launch thousands of satellites for its Project Kuiper constellation, it’s talking up the… Read More