US Tech Layoffs Hit 94,046 Through August, Up 16.8%
US tech layoffs reached 94,046 through August, up 16.8% year over year. AI was cited in 33% of layoff events, and Big Tech firms drove 87% of the cuts.
Topic
Amazon
Topic
Amazon
Amazon Opens Lending to All Sellers and Pushes AI Into Supply Chain
Amazon will open lending to all sellers, add SBA-backed loans up to $5 million, and turn Seller Assistant into an automated suppl…
Jeff Bezos' Parents Turned $245,573 Into Billions After 40 Investors Said No
Jacklyn and Mike Bezos staked $245,573 of retirement savings on Amazon in 1995, after 38 of 60 investors passed. The bet made the…
Generac's Amazon Deal Could Be Worth Up to $8 Billion
Generac stock jumped on a $2.4 billion supply deal with Amazon that could reach $8 billion. Warrants, backlog and hyperscale cont…
McDonald's Builds an Ad Network, Chasing a $1 Billion Business
McDonald's announced its own media network on Wednesday, aiming for a $1 billion business after piloting ads on drive-thru screen…
Zoox Grounds Atlanta Test Fleet After Workers' Gas Exposure
Amazon-owned Zoox halted its Atlanta robotaxi test fleet after up to 40 workers faced possible toxic gas exposure. OSHA has close…
Amazon Spins Out Fashion Coalition to Drive Down Green Material Costs
Amazon's Climate Pledge launches a 60-plus member fashion coalition with a database of 100+ decarbonization solutions, betting ag…
Amazon Turns Seller Assistant Into 24/7 Automation Engine
Amazon expands Seller Assistant with 24/7 monitoring workflows, persistent memory and a Claude plugin, letting AI act on pricing…
Amazon Admits It Doesn't Know How to Hit Net Zero by 2040
Amazon's sustainability chief admits the company has no full roadmap to net zero by 2040, even as it plans a gas plant that could…