Amazon: News
Amazon is an American multinational conglomerate headquartered in Seattle, US. The company not only focuses on e-commerce but also offers digital streaming services (Prime Video), cloud computing, as well as artificial intelligence. It was founded in 1994 by Jeff Bezos and later went public in 1997. It started off by selling music and videos in 1998 as well as started acquiring online booksellers in Germany and the UK. In 2002, the company launched Amazon Web Services. It later introduced the Amazon Prime Video, Amazon Music, and also acquired IMDb and the Whole Foods Market. Amazon also produces consumer electronic products like Kindle e-reader, Fire TV and tablets, and Echo and Alexa devices.
Intel, Reddit plunge 29% as Nasdaq suffers worst-fall since June
The Nasdaq composite index witnessed its worst fall since June, with major tech companies like Intel and Reddit taking a huge hit.
Why Google, Amazon, Intel shares crashed up to 23%
Shares of tech giants Alphabet (Google), Amazon, and Intel plummeted on Thursday. The decline was as steep as 23% in after-hours trading.
Amazon reports $42.4B cash outflow as AI spending surges
Amazon has reported a massive cash burn in Q3.
Prime Video on track to generate 'tens of billions': Jassy
Amazon CEO Andy Jassy has revealed that Prime Video, the company's streaming service, is on course to generate "tens of billions of dollars" in revenue.
Amazon cuts 250 jobs in devices unit
Amazon has laid off around 250 employees from its devices and services unit. The decision comes after a series of product launches, including new Kindle e-readers and tablets.
Amazon's Alexa Photo Frame, Echo Time smart clock are here
Amazon has launched five new Alexa devices, including two innovative products: the Alexa Photo Frame and Echo Time.
Amazon warns engineers against 'tokenmaxxing' AI at work
Amazon has issued a warning to its software engineers against the practice of "token maxxing," as part of an internal memo on artificial intelligence (AI) usage guidelines.
Amazon to put 3,000 Tata electric trucks on Indian roads
Tata Motors and Amazon have announced a partnership to deploy 3,000 electric trucks for e-commerce logistics in India.
Nearly 1,96,000 tech employees laid off globally this year
The global technology sector is undergoing a major transformation, with companies aggressively cutting jobs as they shift toward artificial intelligence (AI) and operational efficiency.
Why AWS's cloud capacity is mostly booked through 2027
Amazon CEO Andy Jassy has revealed that the company's cloud computing arm, Amazon Web Services (AWS), is running out of capacity.
PHP warns of another security flaw
PHP has flagged a new security vulnerability, CVE-2026-115560, that could allow an attacker to execute code on a web server.
Amazon rebrands Kindle Unlimited to Kindle+, adds AI-narrated audiobooks
Amazon has rebranded its Kindle Unlimited subscription service as Kindle+.
Who will be next James Bond? Final screen test begins
The long-awaited announcement of the next James Bond is finally upon us.
Walmart embraces AI agents as Amazon restricts them
Walmart has announced the launch of its own Agent Gateway, a platform designed to facilitate transactions and other features for customers using artificial intelligence (AI) agents.
Amazon's new software can challenge NVIDIA's AI chip dominance
Amazon is introducing a new tool, TorchNeuron, to run code written in PyTorch, the most widely used AI coding language, on its Trainium AI chips.
Amazon may cut 5,000 US contract jobs, close 15 warehouses
Amazon is planning to lay off up to 5,000 workers in the US, The New York Post reported.
Websites are blocking AI agents from completing tasks for users
The rise of autonomous agents in artificial intelligence (AI) has been meteoric.
Why Apple's HomeView is raising concerns among recipe writers
Apple's latest smart display, HomeView, is making waves with its unique ad campaign.
Google launches AI shopping cart that tracks prices and deals
Google has officially launched its Universal Cart, an AI shopping tool. The feature was first showcased at the I/O event in May and is now available in the US through Gemini app and Google Search.
Apple, NVIDIA donated $25M each to Trump's White House ballroom
A recent report by The Washington Post has unveiled the major contributors to President Donald Trump's White House ballroom project.
Amazon's new AI devices listen, remember and create to-dos
Amazon has unveiled two new "Bee" listening devices: a wearable and a credit card-sized voice recorder.
Modi government to introduce dedicated policy for data centers
India is set to introduce a dedicated data center policy, Minister of State for IT Jitin Prasada announced today.
Shopify lets AI agents shop across 1 billion listings
Shopify is expanding its agentic commerce ambitions by allowing more artificial intelligence (AI) agents to browse and buy from its listings.
Amazon in talks to acquire AI start-up Decart for $7B
Amazon is said to be in talks to acquire artificial intelligence (AI) start-up Decart for $7 billion.
India's e-commerce festive sales touch ₹24,000cr in first 2 days
India's e-commerce companies have raked in business worth around ₹24,000 crore in the first two days of the ongoing festive season sale.
Goodreads finally adds half and quarter-star ratings after decade-long requests
Goodreads, the popular book tracking platform, has finally added half and quarter star ratings to its service.
Jeff Bezos invests $100M to turn neglected land into parks
Amazon founder Jeff Bezos is investing $100 million to transform neglected urban land into parks in eight US cities.
Why Nicolas Cage might never work with Amazon again
Hollywood actor Nicolas Cage has publicly criticized Amazon for its use of artificial intelligence (AI) in the entertainment industry.
Amazon just reshuffled its Alexa leadership
Amazon has announced a major leadership reshuffle in its Alexa division.
Amazon cuts nearly 1,000 jobs, mainly in retail
Amazon has confirmed a fresh round of job cuts, mainly in its Stores unit that runs the main e-commerce website.
AWS won't use NDAs while dealing with government agencies anymore
Amazon Web Services (AWS) CEO Matt Garman has announced that the company will no longer use nondisclosure agreements (NDAs) in its negotiations with government agencies for new data centers.
Amazon plans to offload NVIDIA chips worth $8B
Amazon is in discussions with investors to transfer thousands of advanced NVIDIA chips into a special-purpose vehicle (SPV), Financial Times reported.
Samsung hikes Galaxy S26 series prices by up to $200
Samsung has raised the prices across most of its Galaxy S26 smartphone lineup by up to $200.
Musk warns Delta CEO over choosing Amazon's Leo over Starlink
Elon Musk has expressed his displeasure at Delta Air Lines for opting Amazon's Leo over SpaceX's Starlink for in-flight Wi-Fi.
Amazon unveils new Kindle e-readers
Amazon has launched its next-generation Kindle e-readers, including the base model, Kindle Paperwhite, and Kindle Colorsoft.
Amazon's smart glasses could snap almost everything, sparking privacy concerns
Amazon is reportedly planning to equip its delivery drivers with smart glasses that will capture photos "almost constantly."
Your AI agent can now buy things on Shopify
Shopify, the e-commerce platform, has announced that browser-based artificial intelligence (AI) agents can complete purchases on its merchants' sites.
Why Apple and Amazon are facing legal trouble in UK
A UK tribunal has allowed parts of a consumer lawsuit against tech giants Apple and Amazon to proceed.
Google tests Flipkart purchases directly through Gemini and AI Mode
Google is testing a new feature in India that lets users buy products from Walmart-owned Flipkart directly through its Gemini and AI Mode.
Amazon Great Indian Festival: Upto 80% off in early deals
Amazon has launched the 'Early Deals' for its upcoming Great Indian Festival 2026.
Amazon to invest $3B in India's fast delivery business
Amazon will invest $3 billion in its fast delivery business in India by 2030. The investment will focus on expanding its network of small neighborhood warehouses, improving delivery efficiency.
Disney+ and Hulu get pricier again
Disney is reportedly planning to raise prices for its streaming services, including Disney+ and Hulu.
Trump made stock transactions worth up to $270M in July
US President Donald Trump made over 1,000 stock transactions in July alone, according to an analysis by The Guardian.
Maharashtra: Instamart unit, Amazon warehouse lose licenses in FDA crackdown
The Tukaram Mundhe-led Maharashtra Food and Drug Administration (FDA) has suspended the licenses of 10 businesses, including a Swiggy Instamart dark store in Mumbai.
Amazon blocks Meta's Muse AI agent from shopping for users
Amazon has blocked Meta's Muse AI agent from making purchases on its platform on behalf of users.