Investors are displeased, but the strategy of moving away from lower-margin deliveries makes sense in the long run.
Amazon is cutting dozens of jobs in its communications unit in an effort to cut costs, Bloomberg’s Spencer Soper and Vinicy Chan report.
MicroStrategy Inc.’s Michael Saylor may soon have almost as many common shares at his disposal to help fund the company’s ...
United Parcel Service Inc. shares plunged after the company projected annual revenue well below expectations, telling ...
(Bloomberg) -- Amazon.com Inc. will bring on about 250,000 people in the US for the holiday shopping rush, unchanged from last year and an indication that the company expects steady demand in its ...
Amazon has paused testing of its delivery drones following a crash involving two of those drones, according to Bloomberg.
French-speaking Canadian province of Quebec.“Following a recent review of our Quebec operations, we’ve seen that returning to ...
(Bloomberg) -- Amazon.com Inc. has launched an online storefront designed to compete with Temu, the low-cost shopping app that gained traction with shoppers who trade longer shipping times for ...
(Bloomberg) -- Amazon.com Inc. warned Flex drivers who deliver packages in their own vehicles that payments they were ...
(Bloomberg) -- Amazon.com Inc.’s livestreaming site Twitch has reinstated former President Donald Trump’s account three years after he was banned. In January 2021, Twitch removed Trump’s ...
(Bloomberg) -- Covariant, a maker of artificial intelligence software used in industrial robots, received recent takeover ...