Amazon (AMZN) News – Page 2 of 232

Amazon surprises 13 Seattle-area students with ‘Future Engineer’ college scholarships

by Kurt Schlosser on April 19, 2024April 19, 2024 at 11:09 am

The future is bright — and partially paid for — for 13 students from across the Seattle region after Amazon surprised them this week with college scholarships as part of… Read More

Amazon exec explains grocery tech changes, debunks media reports about human reviewers

by Todd Bishop on April 17, 2024April 17, 2024 at 8:13 am

Amazon’s grocery technology has been in the news a lot over the past couple of weeks, following layoffs in the Amazon Web Services group responsible for the company’s physical store… Read More

Podcast

GeekWire Podcast: Amazon CTO Werner Vogels on the rapid progress of AI, and its impact on society

by Todd Bishop on April 13, 2024April 13, 2024 at 8:17 am

Early versions of generative AI were “like a dancing bear,” says Werner Vogels, the Amazon chief technology officer. “We’re all amazed that this bear can dance,” he explains. “We don’t… Read More

Vulcan Centaur launch of Amazon Kuiper satellites in October 2023

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Kuiper satellite network gets a big lift from Amazon’s CEO, but timeline is a bit hazy

by Alan Boyle on April 11, 2024April 30, 2024 at 11:20 pm

In his annual letter to shareholders, Amazon CEO Andy Jassy says the company’s Project Kuiper satellite venture will be “a very large revenue opportunity” in the future — but he’s… Read More

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Thinking in primitives at the world’s biggest startup: Notes on Amazon CEO Andy Jassy’s annual letter

by Todd Bishop on April 11, 2024April 11, 2024 at 10:05 am

Amazon CEO Andy Jassy’s annual letters to shareholders haven’t yet reached the canonical business status of his predecessor’s essays, but they still offer an interesting glimpse into the company’s strategy,… Read More

Amazon names business and tech leader Andrew Ng to its board, boosting AI expertise

by Todd Bishop on April 11, 2024April 11, 2024 at 6:26 am

Amazon’s newest board member is Andrew Ng, a business and technology leader, serial startup founder, investor, and educator who specializes in machine learning, artificial intelligence, and online education. Ng, who… Read More

Exec pay: New filing shows how much Amazon CEO Andy Jassy made in compensation in 2023

by Todd Bishop on April 11, 2024April 11, 2024 at 10:07 am

Amazon CEO Andy Jassy’s compensation for 2023 totaled $29.2 million, including his base pay, the value of shares that vested during the year, and security costs, according to a new… Read More

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Amazon Dash Cart vs. ‘Just Walk Out’: We put the tech giant’s new grocery strategy to the test

by Taylor Soper & Todd Bishop on April 9, 2024April 9, 2024 at 10:37 am

Amazon has been trying to reinvent the way people buy groceries for 17 years. But unlike e-commerce or cloud computing, the tech giant hasn’t figured out how to disrupt this… Read More

Amazon’s total Washington state employment declines for the first time, new numbers show

by Todd Bishop on April 8, 2024April 8, 2024 at 3:01 pm

Amazon’s employment in Washington state, including warehouse and corporate workers, fell by 3,000 people to 87,000 employees between early 2023 and early 2024 — its first recorded year-over-year employment decline… Read More

Where Amazon Web Services is still hiring after cutting hundreds of jobs this week

by Todd Bishop on April 5, 2024April 5, 2024 at 10:24 am

Amazon Web Services announced hundreds of job cuts this week, in areas including training, sales, and physical stores technology, but noted that it’s still hiring in core areas of its… Read More

Amazon restarting construction on 22 unfinished floors inside Bellevue office tower

by Kurt Schlosser on April 4, 2024April 4, 2024 at 10:36 am

Amazon is restarting construction on a 42-story office tower in Bellevue, Wash., to complete 22 floors of the building’s interior and make room for an additional 3,000 employees. Located at… Read More

Amazon closing smaller Fresh grocery store in Seattle as it focuses on expanded format stores

by Kurt Schlosser on April 3, 2024April 3, 2024 at 5:27 pm

Amazon is closing its Fresh grocery store in Seattle’s Capitol Hill neighborhood, the company confirmed Wednesday, saying that it plans to focus on redesigned stores with an expanded selection. The… Read More

Amazon Web Services cuts hundreds of jobs in sales, training, and physical stores tech group

by Todd Bishop on April 3, 2024April 3, 2024 at 5:48 am

Amazon Web Services will cut several hundred jobs in its Sales, Marketing, and Global Services organization, and a few hundred jobs on its Physical Stores Technology team, executives in the… Read More

Protesters block entrances at Amazon HQ, objecting to planned use of fossil fuels in Oregon

by Lisa Stiffler on March 27, 2024March 27, 2024 at 1:35 pm

Dozens of environmental activists this morning blocked the entrances at Amazon’s Day 1 building at its Seattle headquarters. A Washington-based group called the Troublemakers organized the action, calling on the… Read More

Amazon’s latest AI feature will let sellers generate product listings from their existing websites

by Todd Bishop on March 13, 2024March 13, 2024 at 7:06 am

Amazon will offer sellers the ability to quickly create new product listings using generative AI by providing a URL for their existing direct-to-consumer websites. The feature is rolling out in… Read More

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Will AI change how we shop? What it’s like to use Amazon’s new Rufus assistant

by Todd Bishop on March 5, 2024March 5, 2024 at 10:04 am

Searching on Amazon for a trainer to convert my road bike into a stationary cycle, I knew the make and model of my bike, but had no clue about its… Read More

Podcast

How Microsoft, T-Mobile, and Amazon use big bets to build durable businesses in turbulent times

by Todd Bishop on March 2, 2024March 2, 2024 at 7:56 am

At the outset of their new book, “Big Bet Leadership,” authors John Rossman and Kevin McCaffrey identify three “mega forces” that they believe could define the years ahead for businesses… Read More

Author and former Navy SEAL David Goggins sues Amazon over bootleg books

by Todd Bishop on February 26, 2024February 26, 2024 at 8:44 pm

Amazon has been sued by David Goggins, the author, endurance athlete, motivational speaker, and former Navy SEAL, on allegations that the company knowingly allowed the sale of fake versions of… Read More

New feature allows Amazon Fresh shoppers to lock in recurring time slot for grocery pickup or delivery

by Kurt Schlosser on February 20, 2024February 20, 2024 at 9:50 am

Amazon added a new feature to its Amazon Fresh grocery shopping experience called “Recurring Reservations,” allowing customers to plan ahead and set a preferred day and time window for weekly… Read More

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

by Kurt Schlosser on February 15, 2024February 15, 2024 at 9:20 am

Amazon is donating $9 million to six organizations in the Seattle area that are working to address the needs of people experiencing homelessness, the company announced Thursday. The organizations include:… Read More

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

by Todd Bishop on February 10, 2024February 10, 2024 at 8:08 am

Jeff Bezos sold nearly 12 million Amazon shares, his first sale of the company’s stock since 2021, for a total of more than $2 billion, according to a regulatory filing.… Read More

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

by Todd Bishop on February 9, 2024February 9, 2024 at 12:02 pm

BELLEVUE, Wash. — The courtship between this city and one of the world’s biggest tech companies continued Thursday as the Bellevue Downtown Association presented John Schoettler, Amazon vice president of… Read More

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

by Kurt Schlosser on February 6, 2024February 7, 2024 at 9:54 am

Amazon is cutting hundreds of jobs at its health care units, Amazon Pharmacy and the primary care company One Medical, the tech giant confirmed Tuesday. In a statement and memo… Read More

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

by Taylor Soper & Todd Bishop on February 6, 2024February 7, 2024 at 11:50 am

A new Amazon filing, detailing Jeff Bezos’ plan to sell a slice of his stake in the company, sheds fresh light on his move from Seattle to Miami — and… Read More

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

by Todd Bishop on February 1, 2024February 2, 2024 at 8:43 am

Amazon ended the fourth quarter with 1,525,000 employees, up by 25,000 people from the third quarter but down 1% from a year ago, and still well below its peak of… Read More

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

by Taylor Soper on February 1, 2024April 30, 2024 at 12:33 pm

Amazon topped expectations for its holiday quarter, reporting record revenue of $169.9 billion, up 14% year-over-year, and earnings per share of $1.00. Wall Street expected earnings of $0.80 per share… Read More

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Amazon

Amazon surprises 13 Seattle-area students with ‘Future Engineer’ college scholarships

Amazon exec explains grocery tech changes, debunks media reports about human reviewers

GeekWire Podcast: Amazon CTO Werner Vogels on the rapid progress of AI, and its impact on society

Kuiper satellite network gets a big lift from Amazon’s CEO, but timeline is a bit hazy

Thinking in primitives at the world’s biggest startup: Notes on Amazon CEO Andy Jassy’s annual letter

Amazon names business and tech leader Andrew Ng to its board, boosting AI expertise

Exec pay: New filing shows how much Amazon CEO Andy Jassy made in compensation in 2023

Amazon Dash Cart vs. ‘Just Walk Out’: We put the tech giant’s new grocery strategy to the test

Amazon’s total Washington state employment declines for the first time, new numbers show

Amazon restarting construction on 22 unfinished floors inside Bellevue office tower

Amazon closing smaller Fresh grocery store in Seattle as it focuses on expanded format stores

Amazon Web Services cuts hundreds of jobs in sales, training, and physical stores tech group

Protesters block entrances at Amazon HQ, objecting to planned use of fossil fuels in Oregon

Amazon’s latest AI feature will let sellers generate product listings from their existing websites

Will AI change how we shop? What it’s like to use Amazon’s new Rufus assistant

How Microsoft, T-Mobile, and Amazon use big bets to build durable businesses in turbulent times

Author and former Navy SEAL David Goggins sues Amazon over bootleg books

New feature allows Amazon Fresh shoppers to lock in recurring time slot for grocery pickup or delivery

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

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

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

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

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

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

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

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

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

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

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