Tag
#amazon
7 articles
Big Tech's AI Spending Surge
Big Tech's capital spending is projected to surpass $200 billion this year, with further increases anticipated in 2025.
13 Nov 2024
Cloud And E-Commerce Shine
Amazon.com Inc has surpassed Wall Street's expectations with its impressive sales growth and profits, driven by efficient delivery to customers and a rebound in its cloud-computing division.
04 Aug 2023
Cost-Cuttings And Lay-Offs At Amazon
Amazon's leadership is carefully examining its Alexa business as part of its ongoing cost-cutting review. Alexa is Amazon's voice assistant available on a range of devices, the company is reportedly reviewing whether it should invest in the addition of new capabilities
15 Nov 2022
Big Tech Is Crashing
Amazon anticipates fourth-quarter revenue to be between $140 billion and $148 billion, up 2% to 8% from the same period last year. Refinitiv reports that analysts were anticipating sales to total $155 billion.
01 Nov 2022
Meesho Is Catching Up
The app, which is only available in India, has 127 million downloads within the same time period compared to 81 million for Amazon and 50 million for Flipkart.
28 Oct 2022
Amazon, Apple And Starbucks Employees Unionize
Despite the fact that union membership in the United States has been declining in recent years, workers at a number of corporations, including Amazon, Starbucks and Verizon, have recently chosen to unionise
26 Apr 2022
Amazon Surprises, Meta Fades
Amazon's profit nearly doubled during the holiday season, thanks to better-than-expected labor and supply cost control, as well as advances in its cloud computing and advertising divisions.
04 Feb 2022
