AWS launches program to boost AI and tech competency for small and medium businesses
Amazon Web Services' new small and medium business competency program aims to match partners that have tech expertise with SMBs looking to solve problems confronting their businesses.
Amazon joins SpaceX, Trader Joe's in fight to declare government labor board unconstitutional
Amazon, SpaceX and Trader Joe's have separately argued that the structure of the National Labor Relations Board is unconstitutional and denies companies certain rights.
How Amazon Web Services' AI, machine learning technology is shaping NFL's future
Amazon Web Services' Head of Sports Julie Souza couldn't be happier with how the 2023 NFL season went. The NFL used its AI and machine learning technology to make the game better.
Jeff Bezos sells $2 billion worth of Amazon stock
Billionaire Jeff Bezos conducted a slew of stock sales on Friday and Monday, offloading nearly 12 million of his Amazon shares, an SEC filing showed Wednesday.
Amazon hit with lawsuit over Prime Video ad fees
Amazon started automatically showing ads to US Prime Video members in late January unless they paid $2.99 more. Now, a subscriber has challenged the move in a proposed class action lawsuit.
Jeff Bezos' move to Florida saving him hundreds of millions in taxes
Jeff Bezos is set to save upwards of $600 million in taxes after the Amazon founder fled Washington's new capital gains tax on stock sales for Miami, Florida.
Biden administration's lawsuit against Amazon will hurt South Carolina: Stephen Gilchrist
South Carolina African American Chamber of Commerce Chairman Stephen Gilchrist argues the FTC antitrust lawsuit against Amazon will harm small businesses on 'The Big Money Show.'
Email trove shows Amazon 'censored' vaccine books after pestering from White House, Jim Jordan says
Rep. Jim Jordan revealed internal emails showing the White House pestered Amazon about its handling of COVID-19 and vaccine-related content.
Bezos plans on selling 50 million Amazon shares during next 12 months
Jeff Bezos may offload a large amount of Amazon shares in the next year, a filing with the Securities and Exchange Commission indicated.
Stock market tech bubble is forming: Ryan Payne
Payne Capital Management President Ryan Payne says 2024 market conditions are starting to resemble that of the late 1990s dotcom bubble on 'Varney & Co.'
Wall Street can kiss a Fed rate cut in March goodbye: Kenny Polcari
SlateStone Wealth chief market strategist Kenny Polcari reacts to the 'blowout' January jobs report and discusses whether buying the Big Tech dip is a good idea on 'Varney & Co.'
Amazon launches AI-powered shopping assistant Rufus
Amazon launched its new Rufus AI-powered shopping assistant on Thursday to a select group of beta users ahead of a broader rollout to all U.S. users in the coming weeks.
Amazon begins showing ads on Prime Video, jumping on a streaming trend
Amazon has officially joined the ranks of companies with ads on their streaming services, bringing ads to U.S. users automatically as of Monday.
Amazon terminates iRobot acquisition due to regulatory hurdles
Amazon is terminating its planned $1.4 billion acquisition of vacuum maker iRobot, which was facing scrutiny from U.S. and European antitrust regulators.
Jeff Bezos still using homemade door desk from Amazon’s early days
Amazon founder Jeff Bezos and early-stage employees made desks out of doors to save money in the company's early years in a tradition Bezos and some Amazon workers continue today.
MacKenzie Scott sold $10.4 billion in Amazon shares in 2023
Philanthropist MacKenzie Scott sold about one-quarter of her stake in Amazon last year, which was worth more than $10 billion, according to a report by Bloomberg.
Amazon no longer allowing police to solicit Ring doorbell video
Amazon-owned company Ring will no longer allow law enforcement to contact users on the products' Neighbors app, according to an announcement from the company's general manager.
Big tech still has room to run in the markets: Nicole Webb
Wealth Enhancement Group Senior Vice President Nicole Webb discusses Big Tech market performances and her outlook on 'left behind' sectors.
Amazon laying off hundreds at Prime Video, MGM Studio, Twitch divisions
Amazon is cutting hundreds of employees working at its Prime Video and MGM Studios, and the company's Twitch service separately announced steep job cuts on Wednesday.
Walmart expands drone delivery to 1.8M households
Walmart has ramped up its drone service in Texas as it builds upon its delivery footprint. The expansion impacts stores across 30 towns and municipalities in the Dallas-Forth Worth area.