Latest Amazon.com Inc News

Spotify axes 17% of workforce in third round of layoffs this year

Dec. 04, 2023 06:15 AM EST

LONDON (AP) — Spotify says it's axing 17% of its global workforce, the music streaming service's third round of layoffs this year as it moves to slash costs while focusing on becoming profitable. In a message to employees posted on the company's blog Monday, CEO Daniel Ek said the...

Humanoid robots are here, but they're a little awkward. Do we really need them?

Nov. 29, 2023 13:21 PM EST

Building a robot that’s both human-like and useful is a decades-old engineering dream inspired by popular science fiction. While the latest artificial intelligence craze has sparked another wave of investments in the quest to build a humanoid, most of the current prototypes are...

Cyber Monday marks the year's biggest online shopping day, and one more chance to save on gifts

Nov. 27, 2023 18:35 PM EST

Consumers are scouring the internet for online deals as they begin to cap off the five-day post-Thanksgiving shopping bonanza with Cyber Monday. Even though e-commerce is now part and parcel of our everyday lives and much of the holiday shopping season, Cyber Monday — a term coined...

EU regulators say Amazon's acquisition of vacuum maker iRobot may harm competition

Nov. 27, 2023 16:42 PM EST

European regulators said Monday that Amazon’s proposed acquisition of robot vacuum maker iRobot may harm competition. The European Commission, the European Union’s executive arm and top antitrust enforcer, said it has informed Amazon of its “preliminary view” regarding the...

Liz Weston: Companies’ deceptive ‘dark patterns’ online cost you money — here’s how to fight back

Nov. 27, 2023 08:43 AM EST

See if any of this sounds familiar: ● You can’t find an easy way to cancel an unwanted subscription, so you let it continue for another month — telling yourself you’ll try again later. ● You feel rushed into an online purchase you regret, but there’s no...

Editorial Roundup: New York

Nov. 23, 2023 15:03 PM EST

Wall Street Journal. November 21, 2023. Editorial: Another New York Gift to Florida Albany moves to bar nearly all non-compete employee agreements. As lousy as New York’s business climate is, it can get worse. Democrats in Albany are reminding...

Amazon and NFL hoping to establish a tradition with the first Black Friday game

Nov. 23, 2023 12:41 PM EST

It is not a stretch to say the Black Friday game between the Miami Dolphins and New York Jets is Amazon’s Super Bowl. Not only does it mean an additional game on Prime Video that Amazon hopes to make into a yearly tradition, but it comes on the busiest shopping day of the year. ...

Several more children sickened by fruit pouches tainted with lead, FDA says

Nov. 22, 2023 16:53 PM EST

WASHINGTON (AP) — More children were apparently sickened by apple puree pouches recently recalled due to dangerous lead contamination, the Food and Drug Administration said. The agency has received 52 reports of elevated lead levels among children who reportedly consumed the...

Broadcom planning to complete deal for $69 billion acquisition of VMWare after regulators give OK

Nov. 22, 2023 04:43 AM EST

SAN JOSE, California (AP) — Computer chip and software maker Broadcom has announced it has cleared all regulatory hurdles and plans to complete its $69 billion acquisition of cloud technology company VMware on Wednesday. The company, based in San Jose, California, announced it...

Jeff Bezos's fund has now given almost $640 million to help homeless families

Nov. 21, 2023 12:55 PM EST

Amazon founder Jeff Bezos' fund to support homeless families announced $117 million in new grants on Tuesday to organizations across the U.S. and Puerto Rico, which is a part of a $2 billion commitment Bezos made in 2018 to support homeless families and to run free preschools. That...