Tag: Amazon.com Inc

  • Google’s reorganization into Assistant follows the launch of Bard, the memo says

    Google CEO Sundar Pichai speaks onstage at the annual Google I/O developer conference in Mountain View, California, May 8, 2018. Stephen Lam | Reuters Google is rearranging the reporting structure of its virtual assistant unit — called Assistant — to focus more on Bard, the company’s new artificial intelligence chat technology. In a memo to […]

  • Panera Bread is testing Amazon’s palm scanning technology

    Panera Bread is testing Amazon’s palm-scanning technology at two St. Louis restaurants. Customers can use their palms to pay for their orders and connect to their loyalty program accounts. Panera’s loyalty program has more than 52 million members, which represents a major expansion opportunity for Amazon One. On November 9, 2021 in Novato, California, a […]

  • Company is cutting another 9,000 employees

    Amazon will lay off another 9,000 employees in the coming weeks, CEO Andy Jassy said in a memo to staff Monday. The cuts come on top of previously announced layoffs that began in November and continued through January. That round included more than 18,000 employees in total, and focused primarily on employees in retail, appliances, […]

  • Why you should buy everything with credit cards

    Having multiple credit cards and playing the rewards game can save you hundreds of dollars each year — if you’re smart about how you use the cards. “The big fork in the road is whether or not you carry a balance,” says Ted Rossman, senior analyst at Bankrate.com and Creditcards.com. “I think you should use […]

  • Rivian’s stock is down more than 3% as EV maker and Amazon consider changes to the deal

    Published: March 13, 2023 at 11:46 a.m. ET The share of Rivian Automotive Inc. fell more than 3% on Monday following news that the electric vehicle maker and Amazon.com Inc. discuss possible changes to their electric van deal. Citing people familiar with the matter, the Wall Street Journal reported Monday that the companies are in […]

  • Amazon Prime Air drone business hampered by regulation, weak demand

    Amazon Prime Air has ambitious delivery targets for 2022, but the company has yet to clear the regulatory hurdles necessary to grow the business. To get approval from the FAA, Prime Air must fly hundreds of hours without incident and then submit the data to the agency. At one of its two test locations, in […]

  • A crackdown on Netflix password sharing puts students on edge

    As Netflix moves closer to rolling out password-sharing guidelines in the United States, college students are bracing for changes in their streaming habits. Netflix outlined its password-sharing guidelines for users in Canada, New Zealand, Portugal and Spain in February. But it has not said exactly how or when the crackdown will hit the US The […]

  • Nasdaq skyrocketed last week. But the technology may be in trouble

    The Google New York office on February 2, 2023. Ed Jones | Afp | Getty Images This report comes from today’s CNBC Daily Open, our new newsletter for international markets. CNBC Daily Open brings investors up to speed with everything they need to know, wherever they are. Do you like what you see? You can […]

  • Salesforce faces the prospect of platform customers leaving after Veeva

    Marc Benioff of the United States, Chairman and CEO of Salesforce.com, delivers a speech at the World Economic Forum in Davos, Switzerland, on January 22, 2020. Fabrice Cofrini | AFP | Getty Images Employees at Salesforce, all the way up to co-founder and CEO Marc Benioff, could breathe easier this week after the enterprise software […]

  • Amazon suspends construction of 2nd headquarters in Virginia

    NEW YORK (AP) — Amazon is halting construction on its second headquarters in Virginia after the largest round of layoffs in the company’s history and shifting plans around remote working. The Seattle-based company is delaying the start of construction on PenPlace, the second phase of development of its Northern Virginia headquarters, Amazon real estate chief […]