Amazon cuts more jobs, this time in books division

Amazon has cut jobs in its books division, including at its Goodreads review site and Kindle units, the company said on Thursday.

Amazon cuts jobs in its Books business, internal email shows

Amazon cut jobs in its Books business, according to an internal email. The company started by selling books online in the 1990s.

UK secures action from Amazon to tackle fake reviews

Amazon has committed to do more to tackle fake reviews, including sanctioning British businesses that boost their ratings through bogus posts, the country's competition watchdog said on Friday.

Amazon launches new R&D group focused on agentic AI and robotics

Tech giant Amazon plans to launch a new group within its consumer product division that will focus on agentic AI.

Corporate layoffs have ramped up in recent weeks. Here are the companies making cuts

Companies are under increasing pressure to trim costs against the backdrop of global economic uncertainty brought on by President Donald Trump's trade policies. Many companies lumped layoffs in wit...

Amazon Launches Agentic AI Group to Enhance Its Warehouse Robots, Reports Say

Amazon (AMZN) reportedly has assembled a research and development (R&D) team to develop an agentic artificial intelligence (AI) framework for its robotics division.

Amazon's Building Humanoid Robots to Speed Deliveries to You

Amazon is reportedly testing package-delivery bots in one of its facilities. Will they talk to your Ring doorbell?

Time To Buy AMZN Stock?

Amazon (NASDAQ:AMZN) is really leaning into AI, recently announcing a massive $10 billion investment in new data centers in North Carolina. Like Google and Microsoft, Amazon has been a major player...

Amazon planning $10B investment in North Carolina for data center and AI campus

Amazon plans to invest $10 billion toward building a campus in North Carolina to expand its cloud computing and artificial intelligence infrastructure, bringing a massive shot in the arm to a regio...

Billionaire Philippe Laffont Has 30% of Coatue's $22.7 Billion Portfolio Invested in 4 Artificial Intelligence (AI) Stocks -- and Nvidia Isn't One ...

Important data releases happen with frequency on Wall Street. A seemingly endless parade of earnings reports, economic data releases, and policy changes from the Donald Trump administration, can ma...

Should You Hold on to AMZN Stock in 2H25 Despite its 5.8% YTD Decline?

Amazon's solid Q1 results and AI innovations support holding for current investors, but new buyers may find better second-half 2025 entry points amid headwinds.

Cogility Launches Cogynt Availability in AWS Marketplace

IRVINE, Calif., June 03, 2025 (GLOBE NEWSWIRE) -- Cogility, a leader in Expert AI-powered decision intelligence software for augmented decision support, today announced that Cogynt is now available...

2 "Magnificent Seven" Stocks Down 9% and 15% You'll Regret Not Buying on the Dip

The S&P 500 (^GSPC 0.41%) delivered back-to-back annual gains of over 25% in 2023 and 2024 (when including dividends). The only other time the index had such a strong two-year run was during the do...

This 1 Thing Is Really Bugging Me About Amazon Web Services

Any investor keeping tabs on e-commerce giant Amazon (AMZN 0.80%) probably already knows how important its cloud computing arm is to the company's bottom line. For those who don't, the bulk of its ...

This AI Giant Is Among the Top 5 Holdings of Billionaires David Tepper, Philippe Laffont, and Stephen Mandel Jr. -- and It's Not Nvidia

Investors, including billionaires, have generated enormous returns by investing in Nvidia (NVDA 1.69%) in recent years. The artificial intelligence (AI) chip giant climbed more than 800% from the s...


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