Amazon News

Amazon Announces Closure of Quebec Operations, Impacting Nearly 2,000 Jobs

Amazon.com Inc is set to close its operations in Quebec, affecting 1,950 jobs across seven facilities. The company will provide severance packages and transitional benefits to impa...

Amazon Streamlines Operations: 200 Jobs Cut in Fashion and Fitness Division

Amazon.com Inc. has reportedly cut around 200 jobs in its Fashion and Fitness group as part of a restructuring effort to better align with company priorities, unrelated to the clos...

Amazon Expands Financial Services in India with $160 Million Acquisition of Fintech Startup Axio

Amazon is set to acquire Axio, a leading digital lending startup in India, for about $160 million. This strategic acquisition aims to enhance Amazon's financial services in India, ...

Amazon Makes History with Largest Electric Truck Order from Daimler

Amazon has placed a record order for over 200 Mercedes-Benz eActros 600 trucks from Daimler AG, marking the largest purchase of electric trucks in Mercedes-Benz Trucks' history. Th...

Amazon's Ambitious Alexa AI Overhaul Encounters Significant Technical Challenges

Amazon is upgrading its Alexa digital assistant with generative AI to handle more complex tasks, despite facing technical challenges like processing delays and inaccuracies. The ai...

Amazon and Meta Pivot Away from DEI Initiatives: A Shift Towards Inclusivity?

Amazon and Meta are discontinuing some of their diversity, equity, and inclusion (DEI) programs, focusing on proven outcomes and fostering a genuinely inclusive culture amidst chan...

Amazon Expands Its Horizon: Selling Ad Tools to Retailers Beyond Its Platform

Amazon announces the launch of Amazon Retail Ad Service at CES 2025, offering its ad technology to other retailers. This service allows for customized, contextually relevant ads on...

Amazon Assures No Disruptions Amid Teamsters Union Strike

Amazon assures no disruptions to operations despite a strike by the Teamsters union at seven US facilities, initiated after contract negotiation deadline was missed.

Amazon Workers in NYC Authorize Strikes Over Union Recognition

Amazon Teamsters at two NYC warehouses voted to authorize strikes after the company refused to recognize their union and negotiate a contract. Union leadership warns of impending a...

Amazon Supports Trump's Inauguration with $1 Million Donation and Prime Video Coverage

Amazon donates US$1 million to Trump's inaugural fund and will air the event on Prime Video. This move aligns with Meta Platforms' similar contribution and marks a significant enga...

Amazon's $2 Million Support to Trump Inauguration: A Prime Video Exclusive

Amazon donates $1 million to Trump's inaugural fund and will air the event on Prime Video, joining Meta Platforms in tech support. Jeff Bezos to meet with Trump amidst criticism.

Amazon Joins Meta in $1M Donation to Trump's Inaugural Fund

Amazon.com Inc. plans to contribute $1 million to Trump's inauguration, following Meta's similar pledge. This comes after Jeff Bezos praised Trump's election win and Meta CEO Mark ...

Amazon and Intuit Strengthen Partnership to Boost Seller Success

Amazon and Intuit announce an expanded strategic partnership to enhance financial management for Amazon sellers, integrating QuickBooks into Seller Central for better compliance, c...

Amazon and Intuit Strengthen Partnership to Empower Sellers

Amazon.com Inc. and Intuit Inc. expand their strategic partnership to offer Amazon sellers enhanced financial management, regulatory compliance, access to capital, and business exp...

Amazon Unveils AI Supercomputer with Apple as New Customer

Amazon's cloud unit has unveiled new data center servers packed with its own AI chips, challenging Nvidia's dominance in the AI chip market. Apple has come aboard as a customer to ...

Amazon Unveils Cutting-Edge AI Models to Revolutionize Content Creation

Amazon has announced a new suite of AI platforms at its AWS conference, aiming to compete with rivals like Adobe and Meta in the AI-driven content creation market. The new 'Nova' m...

Amazon Smashes Holiday Sales Records: Alexa Devices and More Fly Off Shelves

Amazon.com Inc. announced that its Black Friday week and Cyber Monday deal event was the biggest Thanksgiving holiday shopping event ever. Sales of Alexa-enabled devices, including...

Amazon Unveils 'Ultracluster': A Revolutionary AI Supercomputer

Amazon Web Services announces 'Ultracluster,' a revolutionary AI supercomputer powered by Trainium chips, set to launch in 2025 and support AI startup Anthropic. The Ultracluster o...