Tag: $Amazon

Amazon, Google and Meta have joined a call by big, energy-intensive companies for governments and utilities to build more nuclear power in the latest boost to the industry’s revival.

Amazon Web Services on Thursday showed a quantum computing chip with new technology that it hopes will shave as much as five years off its effort to build a commercially useful quantum computer.

Amazon’s MGM Studios will take creative control of the “James Bond” film franchise under a new joint venture with longtime rights holders Michael Wilson and Barbara Broccoli, the technology giant (AMZN.O), opens new tab said on Thursday.

Amazon workers at a warehouse near Raleigh, North Carolina, overwhelmingly rejected the chance to form a union in another setback for the labor movement’s efforts to organize against the online retailing giant.

Με χρονικό ορίζοντα το 2028 ο Όμιλος Σαράντη προχωρά στην υλοποίηση του πενταετούς σχεδίου ανάπτυξής του, σχεδιάζοντας νέες εξαγορές και επενδύσεις, πραγματοποιώντας παράλληλα δυναμική επέκταση στη διεθνή αγορά, με έμφαση τις ΗΠΑ, μέσω των συνεργασιών του με την Αmazon και το αμερικανικό δίκτυο φυσικών καταστημάτων Target

US e-commerce giant Amazon has reported a net sales increase of 11% to $638.0bn during the full year 2024 (FY24) against $574.8bn in 2023.

Amazon has said it will pump about $100bn into its artificial intelligence initiatives this year as the ecommerce group shrugs off worries about China’s DeepSeek and invests heavily in data infrastructure.

The U.S. Postal Service said on Wednesday it would accept parcels from China and Hong Kong, in a U-turn after a suspension following President Donald Trump ending a trade provision used by retailers including Temu, Shein, and Amazon to ship low-value packages duty-free to the U.S.

United Parcel Service is going to do a lot less business with its biggest customer, Amazon. UPS on Thursday projected a decline in revenue for the current year, with a key factor being plans to phase out more than half of the business it does with Amazon over the next 18 months.

Online retailer Amazon said Wednesday that it’s closing all seven of its warehouses in the Canadian province of Quebec in the next two months.

Amazon is gearing up to relaunch its Alexa voice-powered digital assistant as an artificial intelligence “agent” that can complete practical tasks, as the tech group races to resolve the challenges that have dogged the system’s AI overhaul.

Amazon said it is halting some of its diversity and inclusion initiatives, joining a growing list of major corporations that have made similar moves in the face of increasing public and legal scrutiny.

Thousands of Amazon workers have ended their days-long strike against the company, according to the Teamsters union. But tensions persist, with the union saying its efforts aren’t over.

U.S. retail sales rose 3.8% between Nov. 1 and Dec. 24, as intense promotion to drum up sales in what was expected to be a highly competitive holiday season for retailers prompted last-minute shopping among consumers.

Universal Music Group NV, the world’s largest record label, expanded its global partnership with Amazon.com Inc’s premium music service to boost fan engagement and fraud protection 

Amazon.com workers at seven U.S. facilities walked off the job early on Thursday during the holiday shopping rush as workers protest what they say is the retailing giant’s unfair treatment of its employees.

Amazon.com workers at seven U.S. facilities walked off the job early on Thursday during the holiday shopping rush, aiming to pressure the retailer into contract talks with their union.

Walmart Inc., Amazon.com and fast-growing e-commerce sites Shein and PDD Holding’s Temu saw record-breaking sales on Black Friday and Cyber Monday, according to spending data, suggesting that they may finish the holiday season on a much stronger note than Target and Best Buy which struggled.

Apple is currently using Amazon Web Services’ custom artificial intelligence chips for services like search and will evaluate if the company’s latest AI chip can be used to pretrain its models like Apple Intelligence.

Amazon announced a new slate of artificial intelligence platforms, known as foundation models, at its annual AWS conference, allowing for text, image and video generation, among other things.