Amazon Stories
Amazon To Sell New Cars Next Year In US, Starting With Hyundai
E-commerce giant Amazon said Thursday it would start selling new automobiles on its platform in the United States next year.
Deforestation In Brazilian Amazon Down 22% In A Year
Brazilian Amazon deforestation fell 22.3 percent in the year through July, hitting a five-year low, officials said Thursday, as President Luiz Inacio Lula da Silva's government fights to curb destruction of the world's biggest rainforest.
Amazon Training Large Language Model Codenamed 'Olympus' To Rival OpenAI, Microsoft: Report
The project is currently in the works with a staggering 2 trillion parameters, potentially positioning it as one of the most robust models in the making, sources familiar with the matter reportedly said.
Jeff Bezos To Move To Miami After Almost 30 Years In Seattle
The move comes after reports of a purchase of a $79 million property by the billionaire in the Miami area.
10% Of Dolphins Killed As Amazon Drought Hits Lake: Study
An estimated 10 percent of the dolphins in a picturesque lake in the Brazilian Amazon were killed in a week as a record drought and searing temperatures devastate the region, researchers said Tuesday.
Amazon Is Sued By US Government And 17 States For Illegal Monopoly
The company is accused of adopting practices that stop competitors from emerging or growing.
Amazon Empowers Alexa With Generative AI
Amazon's popular Alexa digital assistant is about to be supercharged with the powers of generative artificial intelligence, the company said on Wednesday, as the tech giant steps into the AI race dominated by ChatGPT, Google and Microsoft.
Why Nvidia Is A Better Investment Than Tesla And Amazon
Nvidia has better sales growth and a higher Economic Value Added (EVA) than Tesla and Amazon and trades at a lower Price-to-Earnings ratio (PE).
Amazon Partners With Indian Railways, Postal Department To Strengthen Cross-Border Logistics
The new collaboration makes Amazon the first such entity to partner with the Dedicated Freight Corridor Corporation of India (DFC) for faster deliveries.
Acai Berry Craze: Boon Or Threat For The Amazon?
Working in the sweltering heat of the Brazilian Amazon, Jose Diogo scales a tree and harvests a cluster of black berries: acai, the trendy "superfood" reshaping the world's biggest rainforest -- for better and worse.
Stocks Get A Boost From Amazon Earnings, Steady Bond Yields
After the close of the regular trade session on Wednesday, Amazon reported a second-quarter net income of $6.7 billion or 65 cents per share on $134.4 billion in revenues.
Lula Says 'World Must Help' Brazil Save The Amazon
President Luiz Inacio Lula da Silva said Wednesday the "world must help" Brazil protect the Amazon, ahead of a summit next week on the world's biggest rainforest, a key buffer against climate change.
Amazon Invests $120 Million In Internet Satellite Facility
Amazon said Friday it will invest $120 million to build a satellite construction facility at NASA's Kennedy Space Center, as part of its plans to launch a space internet service to rival SpaceX's Starlink.
Amazon Expands Pay-by-palm Service In US Grocery Stores
Customers shopping at Amazon's US-based Whole Foods grocery stores will be able to pay for items by hovering their palm over a scanner, much like shoppers already do with smartphones or credit cards.
Amazon Prime Day Revenue: E-Commerce Giant's Two-Day Earnings Will Shock You
As consumers continue to embrace the convenience of online shopping, Amazon's staggering Prime Day earnings reveal its immense power in the digital marketplace.
Here's How Much Jeff Bezos Earned Every Second In 2022: It's 125x The Minimum Wage
Jeff Bezos, the founder of e-commerce giant Amazon, was named the world's second-richest man in 2022, a year after he stepped down as CEO.
Walmart Leads World's Private Companies In Most Number Of Employees - IBT Graphics
With more than 4,700 stores around the U.S. as of 2022, Walmart employs the maximum number of workers across the country and the world.
Colombia Says Documentary To Be Made About Kids Rescued In Amazon
The Colombian government is working with British producer Simon Chinn to make a documentary about the four Indigenous children who survived 40 days alone in the Amazon after a plane crash that killed their mother, the country's president said Friday.
Amazon Prime Day 2023 Dates & Tips To Score The Best Early Deals
More deals are available to members on the day itself.
US Agency Sues Amazon For Tricking Customers Into Subscription Service
Amazon tricked consumers into subscribing to its "Prime" service and intentionally complicated the cancelation process, according to a US lawsuit against the retail giant filed Tuesday.
The 10 Richest People In The World And How They Became Uber Wealthy
From college dropouts to sons of wealthy families, these ten individuals launched the business empires that helped them become the world's richest people.
Jeff Bezos' Net Worth Is Plunging; Once The Richest Person, Now Only Fourth Wealthiest
Ahead of Bezos is chief technology officer and co-founder of software giant Oracle Larry Ellison with a net worth of $156.2 billion; LVMH chairman and CEO Bernard Arnault with a net worth of $229.7 billion; and Tesla and SpaceX founder and CEO Elon Musk with a net worth of $236.9 billion, per Forbes' real-time billionaires' list.
Siblings Rescued In Colombian Amazon Gaining Health: Hospital
Four Indigenous children rescued in the Colombian Amazon last week after surviving in the jungle for 40 days are in good health but still at "high risk" of infection, the military hospital treating them said Thursday.
This Is What The Amazon Kids Ate While Stranded In The Jungle For 40 Days
Colombian President Gustavo Petro called the young survivors the "children of the jungle."
Amazon Settles Ring Customer Spying Complaint
Amazon settles Ring customer spying complaint
Jeff Bezos Net Worth Before His Marriage To Lauren Sanchez, His Second Marriage
Bezos and Sanchez reportedly got engaged while sailing around the Mediterranean this month.
Amazon NFT Marketplace Reportedly Launching On May 15 After Several Delays
A Web3 enthusiast said that "the marketplace was originally scheduled to launch in 2022" and highlighted that the "new launch date after several delays is set to May 15."
Apple And Amazon 'Committed' To Big Screen, Says Theaters Boss
The two tech giants reportedly each plan to spend $1 billion per year on movies headed first for the big screen.
Amazon Cloud And Ad Revenue Grows As Shoppers Remain Cautious
Online retail titan Amazon on Thursday reported that its cloud and ads units helped it beat earnings expectations in the first quarter of this year despite shoppers and businesses being more careful about spending.
April 2023 Layoffs Tracker: 9 Companies That Announced Job Cuts This Month
Nine companies announced this month job cuts affecting thousands of workers as economic uncertainties continue to plague businesses.