Amazon.com Inc
AI will shrink Amazon’s workforce in the coming years, CEO Jassy says
Amazon CEO Andy Jassy speaks during a keynote address at AWS re:Invent 2024, a conference hosted by Amazon Web Services, at The Venetian Las Vegas on December 3, 2024 in Las Vegas, Nevada. Noah Berger | Getty Images Amazon CEO Andy Jassy said Tuesday that the company’s corporate workforce will shrink in the coming years […]
Read More
Tencent bets its China WeChat and gaming expertise will help it win cloud business in Europe
Chinese tech company Tencent is a gaming giant and the parent company of WeChat, the ubiquitous social messaging app in China. Cheng Xin | Getty Images News | Getty Images Tencent has spent years evolving into a gaming and social media giant in China and in the process, has built up its cloud computing capabilities. […]
Read More
Amazon extends Prime Day to four days, starting July 8
An Amazon worker moves boxes on Amazon Prime Day in the East Village of New York City, July 11, 2023. Spencer Platt | Getty Images Amazon is extending its Prime Day discount bonanza, announcing that the annual sale will run four days this year. The 96-hour event will start at 12:01 a.m. PT on July […]
Read More
OpenAI wins $200 million U.S. defense contract
OpenAI CEO Sam Altman speaks during the Snowflake Summit in San Francisco on June 2, 2025. Justin Sullivan | Getty Images News | Getty Images OpenAI has been awarded a $200 million contract to provide the U.S. Defense Department with artificial intelligence tools. The department announced the one-year contract on Monday, months after OpenAI said […]
Read More
OpenAI new recruiting head says company faces ‘unprecedented pressure to grow’
In this photo illustration, the OpenAI logo is displayed on a mobile phone screen with a photo of Sam Altman, CEO of OpenAI. Didem Mente | Anadolu | Getty Images The pace of artificial intelligence innovation is raising the stakes for companies like OpenAI to snatch up top talent, according to new recruiting head Joaquin […]
Read More
Amazon Kuiper second satellite launch postponed by ULA due to rocket booster issue
A United Launch Alliance Atlas V rocket is shown on its launch pad carrying Amazon’s Project Kuiper internet network satellites as the vehicle is prepared for launch at the Cape Canaveral Space Force Station in Cape Canaveral, Florida, U.S., April 28, 2025. Steve Nesius | Reuters United Launch Alliance on Monday was forced to delay […]
Read More
Stocks making the biggest moves premarket: U.S. Steel, Roku, Celsius, Sarepta Therapeutics and more
Check out the companies making headlines before the opening bell on Wall Street. U.S. Steel — U.S. Steel shares jumped 5%s after President Donald Trump issued an executive order on Friday approving its merger with Japan’s Nippon Steel. The companies also signed a national security agreement that includes a golden share for the U.S government. Although […]
Read More
Oracle’s stock on pace for best week since 2001 on cloud momentum
Oracle CEO Safra Catz speaks at the FII PRIORITY Summit in Miami Beach, Florida, on Feb. 20, 2025. Joe Raedle | Getty Images Oracle shares are on pace for their best week since 2001 as Wall Street cheers a strong earnings report and bullish comments on the company’s prospects in cloud computing. The stock is […]
Read More
WNBA renews media rights deal with Scripps
Caitlin Clark #22 of the Indiana Fever brings the ball up court during the first half of a WNBA game against the Chicago Sky on August 30, 2024 at Wintrust Arena in Chicago, Illinois. Melissa Tamez | Icon Sportswire | Getty Images The WNBA and E.W. Scripps announced on Friday a new, multi-year media rights […]
Read More
Amazon reorganizes health-care business in latest bid to crack multitrillion-dollar market
A One Medical clinic location is pictured in Emeryville, California on February 16, 2024. Loren Elliott | The Washington Post | Getty Images For the better part of a decade, Amazon has been trying to carve it’s way into the U.S. health-care market, through billions of dollars worth of acquisitions, big-name hires and high-profile partnerships. […]
Read More