U.K. regulator Ofcom has raised concerns about competition in the country's cloud computing market, focusing on the dominance of Amazon and Microsoft. CNBC's Arjun Kharpal reports on what happens n...

Communications industry regulator Ofcom has referred both Microsoft Corporation (NASDAQ:MSFT) and Amazon.com Inc (NASDAQ:AMZN) to the UK's Competition and Markets Authority for investigation amid w...

British media regulator Ofcom on Thursday asked the country's antitrust regulator to investigate U.S. tech giants Amazon and Microsoft's dominance of the UK cloud market.

Ofcom is concerned that so-called "hyperscalers" like Amazon Web Services and Microsoft Azure are limiting competition in the cloud computing market.

Amazon is reportedly shutting down its live-audio app, Amp, which allowed users to play music and talk alongside the songs. Steve Boom, the head of Amazon's digital music unit, said in a memo that ...

Amazon (AMZN) closed at $126.89 in the latest trading session, marking a +1.74% move from the prior day.

Amazon.com Inc. AMZN, +1.83% is shutting down its live audio platform Amp, as the online retail and media giant continues to seek ways to cut costs and shore up profits. “We've made the difficult d...

Amazon is discontinuing its live audio service, called Amp, the company confirmed. Amp launched last March, at a time when there was still buzz around the Clubhouse audio app. Amazon CEO Andy Jassy...

Amazon (AMZN) is receiving criticism after a Wall Street Journal report detailed the online retailer's use of an algorithm — named "Project Nessie" — designed to raise consumer prices and ultimatel...

Amazon's (AMZN) AWS announces new generative AI capabilities to enrich AWS's portfolio offerings.

E-commerce companies have struggled mightily coming out of the Covid-19 pandemic. After skyrocketing in 2020 and 2021 as people the world over were forced to shop exclusively online, e-commerce sto...

Growth stocks, marked by surging revenues and earnings, continue to captivate discerning investors. These juggernauts channel profits into expansion, promising potential market outperformance.

Amazon.com Inc (NASDAQ:AMZN) stock has pulled back to its 126-day moving average (or six-month trendline), which coincides with its +50% year-to-date level. Plus, $124.68 – a level that appears to ...

CNBC's Andrew Ross Sorkin reports on the latest news.

Costco is partnering with Sesame to offer virtual healthcare visits for just $29. The move is reminiscent of Amazon Clinic but with lower prices.