Buffett cuts Amazon stake, makes bet on New York Times
Warren Buffett’s Berkshire Hathaway slashed its stake in Amazon.com by more than 75 per cent in the fourth quarter, while also building a stake in the New York Times, his last new…
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Amazon
Everything you need to know about buying a car on Amazon
If you’ve been dreaming of adding a mid-sized SUV to your cart alongside a bulk pack of granola bars and a new air fryer—well, we’re not quite there yet. But that day is getting closer:…
Here’s how much Amazon, Microsoft, Meta, and Google will spend to develop more AI in 2026
Big Tech is on a spending spree, forecast to drop a staggering $650 billion on artificial intelligence (AI) in 2026 alone—and that’s just for Alphabet, Meta, Microsoft, and Amazon. The…
Amazon shares slide as US$200 billion outlay fans fears over AI returns
Big tech’s massive AI spending hike surprises analysts, raising doubts over whether returns can keep pace Amazon.com shares slid 9 per cent on Friday (Feb 6) after the company…
Wall Street rebounds after week-long tech rout, Amazon down on AI capex jump
Wall Street’s main indexes opened higher on Friday (Feb 6) following a bruising sell-off in technology shares through the week, though optimism was tempered by Amazon’s drop after…
Amazon wants Alexa+ to be the reason you keep Prime
Amazon is rolling out a new feature in hopes of retaining—or perhaps attracting—new Prime members. The tech giant announced Wednesday that Alexa+, its AI-powered assistant, is now…
Washington Post Cuts Amazon Reporter Amid Mass Layoffs
Among the many layoffs The Washington Postannounced Wednesday was reporter Caroline O’Donovan, who covers tech companies and corporate accountability with a focus on Amazon, the company…
Are Amazon and other company layoffs really tied AI? It’s complicated, experts say
The one thing N. Lee Plumb knows for sure about being laid off from Amazon last week is that it wasn’t a failure to get on board with the company’s artificial intelligence plans. Plumb,…
What a “Melania” Cinematographer Hoped to Accomplish
What did you make of the President and Melania? And what’s different about filming a movie in the White House or on Air Force One? Well, the film we were doing was actually a documentary.…
Kumail Nanjiani Sets ‘Sex Criminals’ Series at Amazon With Co-Creators Emily V. Gordon & Tze Chun, LuckyChap Producing
Amazon Prime Video has ordered a series adaptation of comic book “Sex Criminals” with Kumail Nanjiani set to star. Nanjiani is also a co-creator on the eight-episode series along with…
Why One Beauty Industry Veteran Thinks Allergies Are Wellness’s Next Frontier
One beauty veteran is looking beyond the parameters of the industry’s four key categories. Lorne Lucree, consultant and seasoned executive, is bringing beauty’s playbook to wellness — more…
Nvidia, Microsoft, Amazon in talks to invest up to US$60 billion in OpenAI, The Information reports
IA, Amazon and Microsoft are in talks to invest up to US$60 billion in OpenAI, The Information reported on Wednesday. Nvidia, an existing investor whose chips power OpenAI’s…
Amazon layoffs today: Tech giant slashes more jobs ‘in a world that’s changing faster than ever’
It’s been a brutal week when it comes to layoffs. On Monday, shoe giant Nike announced it would lay off 775 employees, and on Tuesday, Pinterest announced it would lay off around 15% of…
Amazon cuts 16,000 jobs globally to undo pandemic-era hiring amid AI push
The job cuts also underscore how artificial intelligence is changing corporate workforce dynamics Amazon said on Wednesday (Jan 28) it was cutting 16,000 jobs worldwide in the…
Amazon bungles Wednesday layoff plan with misfired internal email
Amazon on Tuesday appeared to have prematurely alerted Amazon Web Services cloud-computing employees to layoffs planned for Wednesday morning by sending a commiseration email and…
Amazon is closing its Fresh grocery, Go convenience stores
The moves mark the e-commerce giant’s latest retreat from its brick-and-mortar retail efforts Amazon.com is shuttering its Amazon-branded grocery stores and automated grab-and-go…
Why Amazon is killing Amazon Go and Amazon Fresh
Amazon will double down on the Whole Foods brand, killing two of its own physical retail experiments in the process. The online retail giant said Tuesday that it will close all of its…
Amazon plans thousands more corporate job cuts next week, sources say
Amazon is planning a second round of job cuts next week as part of its broader goal of trimming some 30,000 corporate workers, according to two people familiar with the matter.…
‘Legally Blonde’ Prequel Series ‘Elle’ Sets Release Date, Amazon Renews Show for Season 2
The “Legally Blonde” prequel series has set its official premiere date on Amazon Prime Video, with the streamer also renewing the show for a second season. “Elle” Season 1 will debut in…
Timothy Busfield Edited Out of Amazon MGM Movie ‘You Deserve Each Other’ Following Child Sex Abuse Allegations
Timothy Busfield will be edited out of the upcoming Amazon MGM film “You Deserve Each Other” after he was accused of groping a 7-year-old boy on the set of “The Cleaning Lady,” Variety had…
Amazon Seeks to Delay Saks Global’s DIP Financing
Count Amazon as one more party that is feeling ripped off by Saks Global and its march into bankruptcy. The web giant, which has been working to build in luxury for years, was once a key…
Amazon has big hopes for wearable AI – starting with this US$50 gadget
Several months after Amazon.com bought artificial intelligence (AI) hardware startup Bee, the company said that it’s working to make its US$50 always-listening wearable more proactive, and…
Brick-and-mortar bookshops look better than ever in the Amazon age
Welcome to the first Fast Company’s Plugged In of 2026, and Happy New Year to you. More than 18 years ago, as the internet was transforming how we consume everything from news to music,…
Amazon Won’t Bail Saks Global Out Anytime Soon: Source
Saks Global’s potential path into the future might be narrowing. While industry dealmakers said earlier this week that the retailer was in talks with Amazon as it races to fix its…