Amazon
Amazon adds $2.75 billion to its stake in the AI startup Anthropic
Posted by Jodi Leese Glusco | Mar 27, 2024
Six months ago, Amazon invested $1.25 billion in Anthropic, making the San Francisco startup Amazon’s most important AI partner.
Read MoreAmazon joins 29 other ‘blue chip’ companies in the Dow Jones Industrial Average
Posted by Jodi Leese Glusco | Feb 26, 2024
The e-commerce pioneer took its position among the 30-company Dow before the open of trading Monday, replacing drugstore operator Walgreens Boots Alliance.
Read MoreAmazon to be added to the Dow Jones Industrial Average, replacing Walgreens Boots Alliance
Posted by WRAL News | Feb 21, 2024
Amazon.com Inc. is being added to the Dow Jones Industrial Average, joining Apple, Walt Disney, Walmart and other companies that make up the 30-stock average.
Read MoreTech companies sign accord to combat AI-generated election trickery
Posted by WRAL News | Feb 16, 2024
Mexican regulators tell Amazon to wall off Prime TV, reveal its algorithms and open up delivery
Posted by WRAL News | Feb 14, 2024
Mexican regulators have ordered online retailers Amazon and Mercado Libre to reveal their algorithms, and to wall off TV streaming to avoid stifling competition.
Read MoreFTC launches inquiry into artificial intelligence deals such as Microsoft’s OpenAI partnership
Posted by Jodi Leese Glusco | Jan 25, 2024
U.S. antitrust enforcers are opening an investigation into the relationships between leading artificial intelligence startups such as ChatGPT-maker OpenAI and Anthropic and the tech giants that have invested billions of dollars into them.
Read MoreAmazon cutting several hundred positions across Prime Video and MGM Studios unit
Posted by Jodi Leese Glusco | Jan 10, 2024
Amazon has cut thousands of jobs after a hiring surge during the pandemic.
Read MoreAmazon’s Twitch cuts more than 500 jobs attempting to turn expensive platform profitable
Posted by Jodi Leese Glusco | Jan 10, 2024
Twitch, the video game streaming platform acquired by Amazon a decade ago for close to $1 billion, is laying off more than 500 employees as the company tries to turn the tremendously expensive division profitable.
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