Jassy, Andrew R

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Amazon Revenue Jumps as Consumer and Business Spending Improves

Leave a Comment / Advertising and Marketing, Amazon.com Inc, Company Reports, Computers and the Internet, E-Commerce, Jassy, Andrew R

Amazon Revenue Jumps as Consumer and Business Spending ImprovesInvestors were closely watching business spending with the company’s cloud computing division, which grew 12 percent in the most recent quarter. Powered by WPeMatico http://rss.nytimes.com/services/xml/rss/nyt/Technology.xmlNYT > Technologyhttps://static01.nyt.com/images/misc/NYT_logo_rss_250x40.pngTechnology124Karen Weise

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For Amazon’s Andy Jassy, a Cleanup Job Just Got a Lot Bigger

Leave a Comment / Amazon.com Inc, Antitrust Laws and Competition Issues, Appointments and Executive Changes, Bezos, Jeffrey P, Cloud Computing, Computers and the Internet, Federal Trade Commission, Jassy, Andrew R, Regulation and Deregulation of Industry, Suits and Litigation (Civil)

For Amazon’s Andy Jassy, a Cleanup Job Just Got a Lot BiggerThe F.T.C. accused the internet giant of protecting an online retail monopoly and forcing higher prices onto consumers. Powered by WPeMatico http://rss.nytimes.com/services/xml/rss/nyt/Technology.xmlNYT > Technologyhttps://static01.nyt.com/images/misc/NYT_logo_rss_250x40.pngTechnology124Karen Weise

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Amazon Posts 11% Rise in Revenue as Growth Improves

Leave a Comment / Amazon.com Inc, Cloud Computing, Company Reports, Computers and the Internet, E-Commerce, Jassy, Andrew R

Amazon Posts 11% Rise in Revenue as Growth ImprovesThe retailer also swung to a profit in the second quarter. Powered by WPeMatico http://rss.nytimes.com/services/xml/rss/nyt/Technology.xmlNYT > Technologyhttps://static01.nyt.com/images/misc/NYT_logo_rss_250x40.pngTechnology124David Streitfeld

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Amazon’s Growth Is Slow but Good Enough

Leave a Comment / Amazon.com Inc, Company Reports, Computers and the Internet, Jassy, Andrew R, Layoffs and Job Reductions

Amazon’s Growth Is Slow but Good EnoughThe company, reporting a 9 percent revenue increase for the first quarter, is the latest Big Tech company to top Wall Street’s financial expectations.http://rss.nytimes.com/services/xml/rss/nyt/Technology.xmlNYT > Technologyhttps://static01.nyt.com/images/misc/NYT_logo_rss_250x40.pngTechnology124David Streitfeld Powered by WPeMatico

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Amazon Plans to Lay Off Another 9,000 Employees

Leave a Comment / Amazon.com Inc, Computers and the Internet, Jassy, Andrew R, Layoffs and Job Reductions, Twitch Interactive Inc

Amazon Plans to Lay Off Another 9,000 EmployeesThe cuts follow a round of layoffs announced several months ago that affected more than 18,000 jobs.http://rss.nytimes.com/services/xml/rss/nyt/Technology.xmlNYT > Technologyhttps://static01.nyt.com/images/misc/NYT_logo_rss_250x40.pngTechnology124Karen Weise Powered by WPeMatico

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The Perils of Working on a C.E.O.’s Pet Project

Leave a Comment / Alphabet Inc, Amazon.com Inc, Apple Inc, Bezos, Jeffrey P, Computers and the Internet, Driverless and Semiautonomous Vehicles, Facebook Inc, Google Inc, Jassy, Andrew R, Layoffs and Job Reductions, Meta Platforms Inc, Waymo, Wearable Computing, Zuckerberg, Mark E

The Perils of Working on a C.E.O.’s Pet ProjectBig tech companies have long been willing to fund efforts with no obvious payoff. But those groups have been hit hard in recent layoffs.http://rss.nytimes.com/services/xml/rss/nyt/Technology.xmlNYT > Technologyhttps://static01.nyt.com/images/misc/NYT_logo_rss_250x40.pngTechnology124Karen Weise, Nico Grant and Mike Isaac Powered by WPeMatico

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Amazon Pauses Work on 2nd Headquarters in Virginia

Leave a Comment / Amazon.com Inc, Arlington (Va), Jassy, Andrew R, Layoffs and Job Reductions, Real Estate (Commercial)

Amazon Pauses Work on 2nd Headquarters in VirginiaThe delay is the latest reminder that the tech industry’s pandemic-fueled boom has slowed and another indicator of how remote work has changed office-space needs.http://rss.nytimes.com/services/xml/rss/nyt/Technology.xmlNYT > Technologyhttps://static01.nyt.com/images/misc/NYT_logo_rss_250x40.pngTechnology124Karen Weise and Lora Kelley Powered by WPeMatico

Amazon Pauses Work on 2nd Headquarters in Virginia Read More »

Amazon Reports Almost No Profit and Slowing Growth

Leave a Comment / Amazon.com Inc, Cloud Computing, Company Reports, Delivery Services, E-Commerce, Inflation (Economics), Jassy, Andrew R, Labor and Jobs, United States Economy

Amazon Reports Almost No Profit and Slowing GrowthThe company indicated the reduced growth and tight margins would continue in the first three months of this year.http://rss.nytimes.com/services/xml/rss/nyt/Technology.xmlNYT > Technologyhttps://static01.nyt.com/images/misc/NYT_logo_rss_250x40.pngTechnology124Karen Weise Powered by WPeMatico

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Amazon Expands Corporate Layoffs to 18,000 Jobs

Leave a Comment / Amazon.com Inc, Computers and the Internet, Jassy, Andrew R, Layoffs and Job Reductions, Salesforce.com Inc

Amazon Expands Corporate Layoffs to 18,000 JobsThe layoffs will focus on human resources and its retail division, Amazon’s chief executive said in an email to employees.http://rss.nytimes.com/services/xml/rss/nyt/Technology.xmlNYT > Technologyhttps://static01.nyt.com/images/misc/NYT_logo_rss_250x40.pngTechnology124Karen Weise Powered by WPeMatico

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Amazon Agrees to Change Some Business Practices in EU Settlement

Leave a Comment / Antitrust Laws and Competition Issues, Computers and the Internet, Delivery Services, E-Commerce, Europe, Fines (Penalties), Jassy, Andrew R, Mergers, Acquisitions and Divestitures, Regulation and Deregulation of Industry, Suits and Litigation (Civil), Vestager, Margrethe

Amazon Agrees to Change Some Business Practices in EU SettlementThe e-commerce giant avoided a fine, but will make a variety of changes regulators believe will help independent merchants who had raised alarms about Amazon’s tactics.http://rss.nytimes.com/services/xml/rss/nyt/Technology.xmlNYT > Technologyhttps://static01.nyt.com/images/misc/NYT_logo_rss_250x40.pngTechnology124Adam Satariano and Karen Weise Powered by WPeMatico

Amazon Agrees to Change Some Business Practices in EU Settlement Read More »

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