The Latest Breaking News from Andy Jassy

Following its second-quarter earnings report, Amazon.com Inc.‘s (NASDAQ:AMZN) stock experienced a significant sell-off. However, a closer look at the details from the earnings call reveals that the primary reason for the slowdown in Amazon’s cloud business, Amazon Web Services (AWS), is not a lack of demand, but a severe capacity…

AWS is the clear cloud leader in Big Tech. But fast-growing rivals, and the AI boom, have investors spooked.

“We’d all rather do business with somebody who smiles. We’d all rather work with somebody who smiles,” Cuban said in 2023.

Union Pacific CEO Jim Vena has climbed the railroad ranks since he was a teenager making mere dollars to maintain tracks to millions in the c-suite. He shares his advice for Gen Z.

Amazon trims AWS roles, yet Wall Street sees upside with strong cloud growth and AI tailwinds still firmly intact.

Amazon.com Inc. (NASDAQ:AMZN) has implemented a new policy at its Ring division, requiring employees to demonstrate their use of artificial intelligence (AI) as part of the promotion process.

The new policy expands expectations of AI use in Amazon’s smart home division.

Amazon.com Inc. (NASDAQ:AMZN) has reportedly laid off several employees within its Amazon Web Services (AWS) cloud division, as the company continues to restructure amid the growing impact of generative artificial intelligence.

TECHNOLOGY: Artificial Intelligence may not be fully replacing the duties of middle managers, but it is allowing companies to employ fewer of them, writes Graig Graziosi