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The Latest Breaking News from Andy Jassy

Exclusive: Leaked Amazon memos identify critical flaws in the upcoming AI version of Alexa

The planned update to voice assistant Alexa is bogged down with problems including latency, which requires "significant improvements,” an internal memo said.

Fortune

Analyst updates Amazon stock price target on innovation

This is what could happen next to Amazon shares.

The Street

Amazon is testing a strange new way to boost delivery speeds

The online retail giant has a new plan to deliver packages to its customers more quickly.

The Street

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Walmart's new plan to crimp retail theft will delight customers

The retail giant is reportedly contemplating a major change in its quest to stop retail theft.

The Street

In no great rush to get back to the office? UK home workers may not have a choice

Supermarket chain Asda has joined the growing number of firms demanding staff return to the workplace. Does this signal the end for remote working or is it a new battle line?

The Guardian - UK

Amazon CEO Andy Jassy hates bureaucracy so much he's planning to increase the ratio of employees to managers

The e-commerce giant says bureaucracy creates inefficiency.

Fortune

Amazon CEO addresses worries about a controversial office policy

Andy Jassy, the CEO of Amazon, has a stern message for employees who are worried about an upcoming change to the company's work culture.

The Street

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CEOs including Satya Nadella and Sam Altman are lining up to congratulate Donald Trump on his election victory

CEOs and business leaders took to social media to congratulate President-elect Donald Trump on his second White House victory.

Fortune

Andy Jassy denies that 5-day RTO plan is a "backdoor layoff"

Jassy insists the move is about strengthening company culture.

Fortune

Amazon CEO denies forced return to office move is "backdoor layoff"

Andy Jassy says Amazon’s new five-day RTO policy, up from three days, isn’t a layoffs exercise.

TechRadar

Amazon's big tech plans pay off for customers (and its pockets)

Amazon is plowing big money into AI and e-commerce projects.

The Street

Amazon CEO hints new AI Alexa will complete your tasks

Andy Jassy hinted that the long-awaited AI-powered Alexa will be all about taking actions, and not just providing answers. But it’s unclear when the product will actually launch.

Fortune

Amazon Pops After Q3 Earnings: Is It Too Late to Buy AMZN Stock Now?

While Amazon stock is trading higher today after reporting better-than-expected Q3 earnings, it might still not be too late to buy AMZN stock.

Barchart

Amazon Leads Dow Jones Stocks After Stellar Earnings Report

Amazon stock is higher Friday after the e-commerce and cloud giant reported strong Q3 earnings and Wall Street sees even more upside ahead. Here's why.

Kiplinger

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Investors Business Daily

Amazon, IBD Stock of The Day, Jumps 6% As Earnings Beat Eases Investor Fears

Amazon stock is surging Friday after its Q3 results helped ease investor concerns about operating margins for the tech giant.

TechRadar

AI push sees AWS results hit new high as cloud demand soars

Amazon’s Q3 revenue is up 11% thanks to a 19% growth in its cloud division, which accounts for nearly a fifth of total company revenue.

The Street

Goldman Sachs analyst updates Amazon stock price target after earnings

Amazon CEO Andy Jassy called generative AI a 'once-in-a-lifetime type of opportunity' for the tech and e-retail giant.

The Street

Amazon workers just sent a harsh memo to exec over comments

Hundreds of Amazon employees are upset.

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Fortune

Amazon's $110 billion cloud business is sporting record profits even amid the expensive the Gen AI arms race

CEO Andy Jassy acknowledged that Amazon must sacrifice short-term profits by spending heavily on AI infrastructure that may pay off big later.

Fortune

Distraught Amazon employees send AWS chief open letter against RTO policy, calling it an ‘outright abdication’ of its role as industry leader

Hundreds of employees criticized Amazon’s leadership for making a gut decision rather than a data-driven one.

TechRadar

Hundreds of Amazon employees petition CEO to reverse return-to-office policy

Amazon’s cloud workers have been told to return to the office full-time, but a petition is being put forward to stop that.

The Street

Amazon cuts major perk customers love

The online retail giant is ending a beloved Prime membership perk.

Top News

Tech Executives Seek Audience With Trump Ahead Of Election

Top tech executives engage with Trump ahead of Election Day, signaling potential support. Trump's interactions with CEOs like Tim Cook, Sundar Pichai, and ...

Fortune

Amazon exec says 9 out of 10 workers are happy with the company’s RTO mandate

Despite Matt Garman's assessment that most workers are raring to return to their desks, studies suggest that many will be disgruntled and take up his offer to quit.

The Street

Amazon exec has tough words for employees over return to office

Matt Garman, CEO of Amazon Web Services, has responded to recent complaints about the company’s new return-to-office policy.

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