AWS sees another record year for Amazon as AI push drives cloud growth A big year for generative AI saw Amazon Web Services post considerable revenue increases once again. TechRadar · Feb 2, 2024
Amazon enjoyed a strong Q4 thanks to record-breaking holiday sales Amazon released its Q4 earnings for 2023, and it looks like it had a great closing for 2023. Android Central · Feb 2, 2024
Amazon's Andy Jassy calls predecessor Jeff Bezos the ‘most unusual business leader of our era’ Jassy took over for Bezos in July 2021, inheriting overzealous plans he’s worked to scale back. Fortune · Jan 22, 2024
Amazon's hundreds of reported job cuts show the tech giant bit off more than it could chew with streaming and movies Amazon cuts jobs in its entertainment divisions as it undergoes a reckoning with its media business. Fortune · Jan 12, 2024
Amazon ended 2022 on a high note as it sheds thousands of employees Amazon announced its Q4 2022 financial earnings, beating expectations and putting a fairly positive spin on a challenging economic period. Android Central · Jan 10, 2024
Britain’s richest businesswoman—who earns more than Sundar Pichai—sees salary rise to $280M The filing reveals the businesswoman is paid more than the prime minister of Britain. Fortune · Jan 8, 2024
2024 will be the ‘year of AI’ as tech stocks surge by (at least) 25%, top tech analyst Dan Ives predicts A Wedbush AI survey shows Wall Street is “significantly underestimating how quickly this AI monetization cycle is playing out,” according to Ives. Fortune · Jan 2, 2024
Walmart customers behaving so strangely it's making bosses ‘sit up in their chairs’ Walmart CFO John David Rainey said the spending for the last two weeks of October was particularly "puzzling" when compared to prior months. Fortune · Dec 7, 2023
Jeff Bezos moved from Seattle to Miami—and he could take some of Amazon with him Amazon is reportedly looking for office space in the city. Fortune · Nov 28, 2023
Amazon ‘blocks promotions’ for staff who do not return to office three days a week The company’s back-to-office push was announced in February this year The Independent UK · Nov 16, 2023
CEOs say remote work is a disaster for productivity. Goldman’s chief economist says that can't explain the last 15 years An NYU economics professor shocked the profession by arguing that “total factor productivity” is linear, not exponential. Jan Hatzius says he's got a point. Fortune · Nov 14, 2023
Amazon's big Bedrock bet Amazon is developing its own generative AI model, but its AWS cloud business is betting that customers want to experiment with a mix of different models. Fortune · Oct 27, 2023
Amazon Stock Pops After Q3 Beat: Here’s Why It's Still a Strong Buy Amazon stock is trading higher today after posting better-than-expected Q3 earnings. Here are the key takeaways from the report, and why AMZN is still a good buy. Barchart · Oct 27, 2023
Amazon managers can now sack employees who won’t work from the office 3 days a week “Continued non-compliance” with the tech giant’s return-to-office mandate could land employees in hot water, according to Amazon’s new management guidelines. Fortune · Oct 20, 2023
Fortune · Oct 17, 2023 LVMH boss Bernard Arnault has just lost his spot as the world’s second-richest person to Amazon founder Jeff Bezos LVMH CEO Bernard Arnault has seen his wealth overtaken by that of Amazon founder Jeff Bezos.
Fortune · Oct 5, 2023 Apple CEO Tim Cook got a $41 million payday after massive stock sale, as the iPhone maker’s shares creep down from summer highs Apple CEO Tim Cook had a multi-million pound payday as he vested awards as part of his compensation package.
Fortune · Sep 27, 2023 Amazon’s return to office rule could take 3 years to become a reality, says senior exec: ‘It hasn’t been perfect.’ Amazon CEO Andy Jassy has been tough with his return to office mandate—senior exec Peter DeSantis had a more compromising tone.
Fortune · Sep 23, 2023 Bill Ackman has employees in the office five days a week but makes an intriguing remote work concession The hedge fund billionaire does allow remote work, just not all year.
Barchart · Sep 10, 2023 2 AI Stocks to Transform Your Portfolio The AI sector is set for explosive growth, and tech giants Amazon and Microsoft are leading the charge. Amazon's AWS harnesses AI for cloud solutions, while Microsoft integrates generative AI across its software suite, making both firms compelling investments.
Fortune · Sep 6, 2023 Dave Clark, the former Amazon exec who lost out to Andy Jassy, just quit his startup CEO role because the founder returned “Founders have the right to change their minds,” Clark said in the surprise announcement that he was leaving Flexport.
Fortune · Sep 5, 2023 Amazon’s Andy Jassy shouldn’t make return-to-office decisions in an echo chamber of CEOs driven by feelings It's a textbook example of confirmation bias–a cognitive bias where we look for information that confirms our beliefs and ignore information that doesn’t.
The Independent UK · Aug 29, 2023 Amazon CEO sparks backlash for telling remote workers it’s ‘not going to work’ for them: ‘Big tech hypocrisy’ ‘It’s past the time to disagree and commit,’ Amazon CEO says
Fortune · Aug 29, 2023 An software CEO worth $12 billion says he goes to the office ‘once a quarter,’ bucking Big Tech's return to office trend Atlassian CEO Scott Farquhar says he hasn't seen a productivity change after letting employees work from home.
Fortune · Aug 29, 2023 Amazon CEO Andy Jassy has a brutal message to remote workers refusing to come back Jassy reportedly told staff: "It's past the time to disagree and commit."
TechRadar · Aug 29, 2023 Amazon CEO slams remote workers, tells them to leave the company Andy Jassy says Amazon employees unable or unwilling to return to the office should look for work elsewhere.