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andy jassy

Amazon says consumers cautious, forecasts revenue below Wall Street targets

by Lionel Rogers
Amazon says consumers cautious, forecasts revenue below Wall Street targets

By Reuters Published Aug 2, 2024 Amazon.com reported slowing online sales growth in the second quarter and said cautious consumers were seeking out cheaper options for purchases, sending shares down …

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Amazon results beat estimates; revenue forecast misses

by Lionel Rogers
Amazon results beat estimates; revenue forecast misses

By Reuters API Published May 1, 2024 Amazon.com reported quarterly results above Wall Street’s expectations on Tuesday, as interest in artificial intelligence helped drive cloud-computing growth. Reuters Shares of the …

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Amazon adds AI expert Andrew Ng, Google Brain founder and Baidu alumnus, to its board

by Anas Siddiqui
Amazon adds AI expert Andrew Ng, Google Brain founder and Baidu alumnus, to its board

Amazon.com is adding artificial intelligence visionary Andrew Ng to its board of directors, a move that comes amid intense AI competition among start-ups and big technology companies. The Seattle company …

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Amazon takes on India rivals with low-cost fashion store

by Edgar Davis
Amazon takes on India rivals with low-cost fashion store

Amazon has quietly introduced a “special store” called Bazaar in India, featuring affordable and trendy fashion and lifestyle products, as it ramps up efforts against Walmart-owned Flipkart and Reliance’s Ajio, …

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What’s Next for Amazon’s Jeff Bezos After He Steps Down as CEO? Look at His Instagram

by Maya Ortiz
What’s Next for Amazon’s Jeff Bezos After He Steps Down as CEO? Look at His Instagram

Dwayne “The Rock” Johnson said it was time to bust out the tequila. Standing by the seashore, the celebrity wrestler and film star put his arm around Jeff Bezos, Amazon’s …

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Amazon’s New CEO Andy Jassy Takes Over Today: Here’s a Look at the Challenges He Faces

by Maya Ortiz
Amazon’s New CEO Andy Jassy Takes Over Today: Here’s a Look at the Challenges He Faces

Amazon on Monday got a new chief executive: Andy Jassy, the mastermind behind its lucrative cloud computing division, who succeeds company founder Jeff Bezos. Here’s a look at the business …

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Amazon posts AI-fueled cloud, ecommerce growth, shares jump

by Lionel Rogers
Amazon posts AI-fueled cloud, ecommerce growth, shares jump

By Reuters Published Feb 2, 2024 Amazon.com beat fourth-quarter revenue expectations on Thursday as new generative AI features in its cloud and ecommerce businesses spurred robust growth during the critical …

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Amazon Closes Clothing Stores But Boosts The Grocery Stores

by Anas Siddiqui
Amazon Closes Clothing Stores But Boosts The Grocery Stores

Whole Foods Market is an American supermarket chain that specializes in selling organic foods … [+] products. getty Last week Amazon announced that it will close two “Amazon style” locations …

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Amazon.com previews FTC defense at companywide meeting

by Lionel Rogers
Amazon.com previews FTC defense at companywide meeting

By Reuters API Published Nov 8, 2023 Amazon.com’s top lawyer on Tuesday previewed the broad outlines of the company’s possible defense against the U.S. Federal Trade Commission’s antitrust lawsuit against …

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Amazon’s playbook for happy holidays: discounts, same-day delivery

by Lionel Rogers
Amazon’s playbook for happy holidays: discounts, same-day delivery

By Reuters Published Oct 29, 2023 Generative AI will be Amazon’s secret weapon this holiday season, leveraging data from its more than 160 million Prime subscribers to improve ad targeting …

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