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  • BREAKING NEWS
1 hour ago

Two children left with minor injuries after crash involving Carroll County school bus

Two kids were hurt after a crash involving a Carroll County school bus Monday morning, according to Virginia State Police.

BREAKING NEWS

Two children left with minor injuries after crash involving Carroll County school bus

ANDREW JASSY


Amazon CEO says company won't take down antisemitic film

Amazon CEO Andy Jassy has said the company does not have plans to stop selling the antisemitic film that gained notoriety recently after Brooklyn Nets guard Kyrie Irving tweeted out an Amazon link to it.

Cyber Monday deals lure in consumers amid high inflation

Days after flocking to stores on Black Friday, consumers are turning online for Cyber Monday to score more discounts on gifts and other items that have ballooned in price because of high inflation.

Amazon CEO says layoffs will extend into next year

Amazon CEO Andy Jassy says the mass layoffs that began in the company's corporate ranks this week will extend into next year.

Amazon workers reject union bid in upstate New York

Amazon workers in upstate New York overwhelmingly rejected a union bid on Tuesday, handing a second defeat to the labor group that’s been attempting to drag the company to the negotiating table since its historic win earlier this year.

Amazon faces off with union in fight for a second warehouse

The startup union that clinched a historic labor victory at Amazon earlier this year is slated to face the company yet again as it aims to rack up more wins that could force the reluctant retail behemoth to the negotiating table.

FTC says Bezos, Jassy must testify in probe of Amazon Prime

Federal regulators are ordering Amazon founder Jeff Bezos and CEO Andy Jassy to testify in the government's investigation of Amazon Prime.

FTC investigating Amazon's $3.9B purchase of One Medical

The Federal Trade Commission is investigating Amazon’s $3.9 billion acquisition of the primary health organization One Medical, a move that could delay the completion of the deal.

Amazon: FTC probe hounding Bezos, execs; subpoenas too broad

Amazon has complained to federal regulators that they're hounding company founder Jeff Bezos and senior executives.

Jay Carney, Amazon's top policy exec, leaves for Airbnb

The top policy and communications executive at Amazon and a one-time White House spokesman has been named the head of policy at Airbnb.

Amazon Prime Day comes amid slowdown in online sales growth

Amazon is heading into its annual Prime Day sales event on Tuesday much differently than how it entered the pandemic.

Amazon's Jassy names new head for troubled retail business

Amazon CEO Andy Jassy has named a new head for the company’s troubled retail business.

CEO pay rose 17% in 2021 as profits soared; workers trailed

Pay for CEOs who run the biggest U.S. companies soared 17.1% last year, up to a median of $14.5 million.

Amazon shareholders nix warehouse working conditions audit

Amazon shareholders have voted against a proposal calling for an independent audit of working conditions at the company’s warehouses.

Amazon to sublease warehouses as online shopping slows

Amazon is planning to sublease some of its warehouse space because the pandemic-fueled surge in online shopping has slowed.

Amazon union could face a tough road ahead after victory

In the aftermath of their hard-won labor victory, Amazon workers in the New York City borough of Staten Island popped Champagne, cheered their victory and danced in celebration.

Amazon CEO Jassy says he wants to improve warehouse safety

In his first letter to Amazon shareholders, CEO Andy Jassy offered a defense of the wages and benefits the company gives its warehouse workers while also vowing to improve injury rates inside the facilities.

Did Amazon violate federal laws? Lawmakers ask for DOJ probe

Lawmakers have made good on their threat to seek a criminal investigation of Amazon, asking the Justice Department to investigate whether Amazon and its senior executives obstructed Congress or violated other laws in testimony on its competition practices.

EXPLAINER: What caused Amazon's outage? Will there be more?

Robotic vacuum cleaners wouldn't start.

Explainer: What caused Amazon's outage? Will there be more?

Robotic vacuum cleaners halted in their tracks.

House committee seeks more info from Amazon, issues warning

U.S. House lawmakers are threatening to seek a criminal investigation of Amazon, saying the tech giant has one “final chance” to correct previous testimony by executives on its competition practices.

Amazon to allow employees to work remotely indefinitely

Amazon says it will allow many tech and corporate workers to continue working remotely indefinitely as long as they can to commute to the office when necessary.

Tech companies pledge billions in cybersecurity investments

Some of the country’s leading technology companies have committed to investing billions of dollars to strengthen cybersecurity defenses and to train skilled workers.

Amazon's sales growth slows as pandemic shopping surge eases

The world’s return to almost normalcy is slowing down Amazon’s pandemic-induced sales surge.

Amazon begins new chapter as Bezos hands over CEO role

Amazon founder Jeff Bezos has officially stepped down as CEO of the company he started out of his Seattle garage in 1995.

Jeff Bezos says will pass baton to new Amazon CEO on July 5

Amazon founder Jeff Bezos has picked a date to step down as CEO.

AI panel urges US to boost tech skills amid China's rise

“To win in AI we need more money, more talent, stronger leadership,” Schmidt said Monday. It also calls for “wise restraints” on the use of AI tools such as facial recognition that can be used for mass surveillance. It’s still awaiting confirmation of a new director for the White House Office of Science and Technology Policy, which Biden has elevated to a Cabinet-level position. AdIt's been led by Schmidt, who was Google's CEO and later the executive chairman of its parent company Alphabet. AdThe commission asked Congress to make new laws requiring federal agencies to conduct human rights assessments of new AI systems used on Americans.

NHL takes big stride on data and analytics with AWS deal

(AP Photo/Jeff Roberson)The NHL is taking another step forward in data, analytics, and puck and player tracking. The league has reached an agreement with Amazon Web Services to put all its video and data on the cloud. AdNHL Commissioner Gary Bettman and Amazon Web Services CEO Andy Jassy unveiled the deal on NBC Sports Network late Wednesday. Later this season, fans looking up stats on the NHL's website will get corresponding video clips and vice versa. “It kind of melts your mind with the number of opportunities that are sitting in front of us.”___More AP NHL: https://apnews.com/hub/NHL and https://twitter.com/AP_Sports

Who is Andy Jassy, the longtime Amazon executive set to become its new CEO?

Andy Jassy, the incoming CEO of Amazon, is well known to Wall Street. Here's what you need to know about the Harvard Business School grad and what his elevation means for Amazon. Andrew Jassy, CEO of web services for Amazon.com, speaks at a conference in Houston, Texas, on March 11, 2019. F. Carter Smith/Bloomberg via Getty ImagesHe's a company manJassy has been at Amazon almost as long as founder Jeff Bezos. He'll have to defend Amazon's controversial decisionsAs head of AWS, Jassy hasn't escaped allegations of monopolistic behavior that have long dogged Amazon.

cbsnews.com

Who is Andy Jassy, the longtime Amazon executive set to become its new CEO?

Andy Jassy, the incoming CEO of Amazon, is well known to Wall Street. Here's what you need to know about the Harvard Business School grad and what his elevation means for Amazon. Andrew Jassy, CEO of web services for Amazon.com, speaks at a conference in Houston, Texas, on March 11, 2019. F. Carter Smith/Bloomberg via Getty ImagesHe's a company manJassy has been at Amazon almost as long as founder Jeff Bezos. He'll have to defend Amazon's controversial decisionsAs head of AWS, Jassy hasn't escaped allegations of monopolistic behavior that have long dogged Amazon.

cbsnews.com

AWS tops $10 billion in quarterly revenue for the first time

Amazon's market-leading cloud business crossed $10 billion in revenue for the first time in the first quarter. At $10.22 billion, Amazon Web Services revenue grew 33% on an annualized basis, the company said in a statement on Thursday. 2 cloud infrastructure provider, doesn't disclose revenue, although it said on Wednesday that revenue from the Azure cloud grew 59% in the quarter. Operating income from AWS totaled $3.08 billion, which was up 38% and above the $2.96 billion FactSet consensus estimate. AWS came close to the $10 billion mark in the fourth quarter, when it delivered $9.95 billion in revenue.

cnbc.com
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