Amazon surpassed revenue expectations and posted a large net income jump in its fourth-quarter earnings report Tuesday, sending its stock up more than 9% in after-hours trading. Amazon has laid of ...

Amazon is laying off 18,000 employees, the tech giant said Wednesday, representing the single largest number of jobs cut at a technology company since the industry began aggressively downsizing last ...

Amazon’s stock is soaring as it joins the trillion-dollar club alongside Apple, Microsoft, and Alphabet, the parent company of Google and YouTube. The buy-anything-you-need site is even moving into ...

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After failing to release a consumer-facing generative AI product to compete with ChatGPT, CEO Andy Jassy says he’s still confident Amazon will be a major player in the next technology race SAN ...

Amazon's (AMZN) stock sank on Friday after the performance of its AWS unit failed to live up to the hype built up by rivals Google (GOOG, GOOGL) and Microsoft (MSFT). The tech giant announced its ...

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Amazon's CEO envisions an "agentic future" in which AI robots, or agents, replace humans working in the company's offices. In a memo to employees made public by Amazon on Tuesday, CEO Andy Jassy said ...

Amazon reached a $2.5 billion settlement with the Federal Trade Commission (FTC) on Thursday over whether the e-commerce giant used “deceptive methods” to sign up consumers for Prime subscriptions, ...