Jeff Bezos - Page 4

Amazon has agreed to pay more than $30 million to settle FTC allegations of privacy violations violating privacy laws by holding onto children’s data, according to federal filings.

Billionaire Amazon founder Jeff Bezos and his girlfriend Lauren Sanchez have gotten engaged four years after going public with their relationship, according to multiple reports citing unnamed sources who say they are familiar with the matter.

E-commerce giant Amazon has warned investors about the decelerating growth in its cloud computing division, Amazon Web Services (AWS), even as the company implements aggressive cost-cutting measures and invests in artificial intelligence.

A recent report cliams that Amazon’s controversial badges that were intended to boost sales for small and black-owned businesses were reportedly assigned to many businesses that are neither.

According to reports, NBA great Magic Johnson has joined 76ers owner Josh Harris in a bid to buy the Washington Commanders as Owner Dan Snyder continues to entertain offers to relieve him of his troubled team.

Amazon has announced yet another round of layoffs after letting go of 18,000 workers in November. This time the e-commerce giant will lay off 9,000 employees.

Amazon is facing a new class-action lawsuit alleging that the company failed to disclose its use of facial recognition technology to customers of Amazon Go convenience stores in New York City.

Internet retail giant Amazon is closing eight of its Amazon Go convenience stores in San Francisco, Seattle, and New York City, amid wider cuts in the tech giant’s brick-and-mortar stores. Several of the stores are located in Seattle’s troubled downtown district where crime and open-air drug use are crowding out big business.

Elon Musk’s Twitter is reportedly coming under fire from Amazon for refusing to pay its $70 million bill for cloud servicess despite relying on Amazon Web Services for major parts of Twitter’s operations. Amazon is reportedly threatening to withhold advertising revenues from Musk’s platform in response. 

Amazon has announced that it is putting the construction of HQ2, its second headquarters unveiled to much fanfare in 2018, on hold due to the company’s slow growth in the wake of the coronavirus pandemic.

The Parrots Go Bananas, a children’s book authored by former White House press secretary Sean Spicer, is not appearing in Amazon searches despite going live on the site two days ago, the book’s publisher tells Breitbart News.

Reports of the death of billionaire Jeff Bezzos’ bid to buy the Washington Commanders were premature, according to a report.

Billionaire Amazon owner Jeff Bezos has reportedly come up short in his bid to buy the Washington Commanders football team.

Billionaire Jeff Bezos has reportedly hired an investment firm to examine the potential purchase of the Washington Commanders. 

Emmanuel Macron was under fire on Friday for handing billionaire Amazon founder Jeff Bezos the country’s highest order of merit.

Corporate employees at Amazon will reportedly receive compensation that falls far short of expectations due to Amazon’s declining stock price. Amazon’s 35 percent drop in share price will result in corporate employees receiving total compensation worth 15 percent to 50 percent less than their target values.

Amazon’s corporate employees are pushing back on the company’s recent return-to-office orders. One employee reportedly commented, “By arbitrarily forcing return-to-office without providing data to support it and despite clear evidence that it is the wrong decision for employees, Amazon has failed its role as Earth’s best employer. I believe this decision will be detrimental to our business and is antithetical to how we make decisions at Amazon.”

A top United States senator focused on government corruption is pushing the Pentagon inspector general to reopen an investigation into allegations that a former top defense official engaged in ethical misconduct related to a multi-billion dollar defense contract, citing new evidence.

E-commerce giant Amazon recently reported fourth-quarter sales beating analysts’ estimates, but reported its first unprofitable year since 2014 due largely to its fizzling investment in electric truck builder Rivian. The company’s sluggish first-quarter guidance has caused its stock to drop more than four percent in morning trading.

Amazon, which has faced nationwide strikes across the United States, has now experienced its first-ever strike in the United Kingdom, at the tech giant’s warehouse in Coventry, England, where protestors said “robots are treated better” than human employees.

The Washington Post laid off 20 of its newsroom staffers and discontinued its gaming section and KidsPost, their news and features section aimed at children, the outlet announced on Tuesday.

Billionaire Jeff Bezos is considering selling the ‘Washington Post’ newspaper to reinvest the cash in buying the NFL’s Washington Commanders.

E-commerce giant Amazon has reportedly shut down its “AmazonSmile” charity donation program as part of its ongoing cost-cutting measures.

E-commerce giant Amazon has failed in its recent efforts to overturn a union vote at its JFK8 facility in Staten Island.

E-commerce giant Amazon has revealed that it will be laying off more than 18,000 employees in the coming months, the largest headcount reduction at a tech firm in the past year. The layoffs will impact about five percent of the company’s corporate workforce.

E-commerce giant Amazon has reportedly agreed to settle two European Union antitrust cases related to the company’s alleged treatment of third-party sellers on its platform. The company will dodge any fines in relation to the cases. 

Microsoft founder Bill Gates and Amazon founder Jeff Bezos have both reportedly invested in Synchron, a new brain-computer interface startup that aims to compete with companies like Elon Musk’s Neuralink.

Amazon workers around the world are reportedly planning to strike during Black Friday, one of the e-commerce giant’s business time periods, demanding that the company “pays fairly and ceases awful, unsafe practices.” Thousands have reportedly already walked out in the United States, Europe, and elsewhere.

Tech giant Amazon is gutting the internal team developing its Alexa home voice assistant, according to recent reports. One former employee calls Alexa a  “colossal failure of imagination,” adding “it was a wasted opportunity.”

During a portion of an interview with CNN released on Monday, Amazon Executive Chair Jeff Bezos said that “the economy does not look great right now.” And “if we’re not in a recession right now, we’re likely to be in

Amazon founder and multibillionaire Jeff Bezos recently announced that he plans to give away the majority of his wealth during his lifetime. His charitable donations will go to environmental charities and other leftist causes, as he has already committed a portion of his net worth to the “Bezos Earth Fund.”

Actor Matthew McConaughey is reportedly set to join Jeff Bezos and rapper Jay Z in a coalition vying to buy the Washington Commanders.

The Anti-Defamation League (ADL), along with the Brooklyn Nets, sent a letter to Amazon’s Jeff Bezos requesting the film at the center of the Kyrie Irving controversy be removed from the platform, or provide additional context along with the film, according to The Athletic. 

Billionaire Jeff Bezos is now reportedly looking into potentially buying the Washington Commanders football team.

Data collected through workplace inspections at Amazon warehouse facilities found that the company’s pace of work greatly increases the risk of injury for its employees. Workplace regulators reportedly say that the risk of debilitating muscle and joint injuries is off the charts.

Amazon’s turnover rate is extremely high and it costs the company $8 billion annually, according to leaked documents.