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. TechRadar · Aug 29, 2023
‘Driverless cars are the hardest problem you could want to solve’ – Oxa’s Gavin Jackson The head of the UK tech startup is as passionate about self-driving ‘autonomy’ as Elon Musk – but thinks it could be 20 years away The Guardian - UK · Aug 15, 2023
Amazon’s sends email scolding employees for not coming to the office—even though they did Amazon said the email was an oversight, but it still underscores the tech giant’s difficulty in getting its employees back to the office. Fortune · Aug 10, 2023
The 2 Best AI Stocks to Buy in August Some skeptics see a bubble forming in artificial intelligence, but there are still exciting opportunities to bet on future growth. Here's why Amazon and Nvidia are two AI stocks worth adding to your portfolio right now. Barchart · Aug 4, 2023
AWS results impress again to boost Amazon profits AWS cloud revenue soars again thanks to artificial intelligence, but so do operating costs. TechRadar · Aug 4, 2023
Amazon Posts Q2 Figures: Revenue Up 11% YoY To $134.4 Billion, Beating Estimates Operating income totals $7.7 billion, up from $3.3 billion in Q2 2022; operating cash flow increases 74% YoY to $61.8 billion. Zenger · Aug 4, 2023
Andy Jassy summed up Amazon's A.I. gameplan: A.I. everywhere During the online retail giant's earnings call, CEO Andy Jassy outlined a broad vision for A.I. Fortune · Aug 4, 2023
Amazon reports positive Q2 2023 earnings, rides high on AWS and ads Amazon reported $134.4 billion in revenue for Q2 2023 earnings. The company expects additional growth for Q3 2023. Android Central · Aug 3, 2023
Amazon exec says it’s time for RTO: ‘I don’t have data to back it up, but I know it’s better’ “We’re here, we’re back. It’s working,” Mike Hopkins, Amazon Studios head, said in a meeting, before acknowledging a lack of evidence. Fortune · Aug 3, 2023
Amazon may have met its match in the grocery aisles Amazon laid off workers at its brick-and-mortar grocery stores last week — the latest sign of the e-commerce giant's struggles to stand out in the competitive grocery landscape. WEKU · Aug 2, 2023
Amazon CEO Andy Jassy dismisses Microsoft and Google A.I. ‘hype cycle,’ says Amazon has a ‘substance cycle’ Amazon’s A.I. strategy is to turn itself into a major player across the entire A.I. supply chain. Fortune · Jul 7, 2023
Amazon CEO Andy Jassy On Chinese Competition, Prime Day And More E-Commerce behemoth Amazon Zenger · Jul 7, 2023
Has Amazon Stock Peaked? - Not if You Believe Its CEO Who Says Amazon Is Focused on AI Amazon stock may not have peaked if you believe Andy Jassy who believes its AI chips give it an advantage over competitors. One way to play this is to short out-of-the-money puts for income. Barchart · Jul 7, 2023
Amazon intends to invest $15 billion more in India, says CEO Andy Jassy ‘We have invested $11 billion in India till date and intend to invest another $15 billion, which will bring the total to $26 billion. So we are very much looking forward to future of partnering,’ said the Amazon CEO The Hindu · Jun 24, 2023
Fortune · Jun 23, 2023 WFH triumphs over RTO: A third of Americans continue to work from home Despite many executives’ attempts to get workers back at their desks, remote work remains a fixture of the workforce.
The Guardian - US · Jun 20, 2023 Bernie Sanders launches investigation into working conditions at Amazon Senator seeks information about ‘systematically underreported’ injury rates and turnover at US’s second-largest employer
Zenger · Jun 13, 2023 Balancing Profitability And Entertainment: Amazon Considers Launching Ad-Supported Prime Video Tier Advertisers expressed interest in Amazon offering an ad tier for Prime Video service, likely to inspire other streaming platforms
Fortune · Jun 8, 2023 Wall Street analyst tells Amazon CEO to go back to basics in brutal letter Bernstein analyst Mark Shmulik has ripped apart Amazon’s plans for broadband and health care, saying the business needs to focus on areas which are guaranteed wins.
Fortune · Jun 4, 2023 Amazon is unfazed by remote workers protesting its return-to-office mandate: ‘There’s more energy, collaboration, and connections happening’ "It’s going to take time to adjust back to being in the office more," a spokesman said after a walkout this week.
Tribune News Service · May 24, 2023 Amazon’s answer to ChatGPT seen as incomplete Amazon.com Inc.’s cloud customers are clamoring to get their hands on the ChatGPT-style technology the company unveiled six weeks ago. But instead of being allowed to test it, many are being told to sit tight, prompting concerns the artificial intelligence tool isn’t fully baked.
Fortune · May 24, 2023 Amazon corporate staff to walk out in protest over return-to-office mandate. ‘Morale feels like it’s at an all-time low’ Amazon says the company and its staff have had “a great few weeks” since workers were required to be in the office three days a week.
Tribune News Service · May 23, 2023 Amazon COVID-19 changes and CEO's anti-union comments broke law, Labor Board alleges Amazon.com Inc. repeatedly violated federal labor law by unilaterally changing policies and terminating union supporters at its sole unionized warehouse, US labor board prosecutors alleged in a complaint, which also accuses Chief Executive Officer Andy Jassy of personally making illegal anti-union comments.
Fortune · May 23, 2023 Bill Gates says the winner of the A.I. race will be whoever creates a personal assistant Gates also said search engines will lose their relevance once consumers can access A.I. personal agents en masse.
Al Jazeera · May 17, 2023 Is ‘shareholder supremacy’ driving the layoffs in tech? Listed firms put their shareholders first when making decisions even if it leaves employees susceptible to job cuts.
Zenger · May 12, 2023 Andy Jassy Thinks AI Can Save Amazon’s Troubled Cloud Business Amazon's AWS is equipped with AI that can help daily businesses that use it for data purposes helping it's cloud business.