Billionaire Jeff Bezos sells over $2 billion worth of Amazon shares
This week, Jeff Bezos, undertook a notable divestment by selling 12 million shares of the company—his first stock sale since ...
Tag: Amazon
Amazon’s video live streaming platform, Twitch to cut off 500 workers
Amazon.com Inc.'s live streaming platform, Twitch, is reportedly set to undergo a significant workforce reduction, with around 35% of its ...
Amazon’s $117B logistic revenue at risk as pilots threaten strike in 2024
The future of Amazon's $117 billion logistic service revenue is under threat as pilots from ATI have voted to authorize ...
Black Friday: 1000 Amazon workers walk out in pay dispute
Amid the busiest shopping month, Black Friday, Amazon workers have taken to the picket line as employees protested the U.S. ...
Amazon’s ‘AI Ready’ to provide free training to 2 million persons globally
Amazon has announced its “AI Ready” initiative, a new commitment designed to provide free AI skills training to 2 million ...
Amazon, Meta, others face lawmakers backlash over AI exploiting labor
Amazon, Microsoft, and Meta are facing scrutiny from Democratic lawmakers regarding their use of "ghost work," to drive the AI ...
Jeff Bezos’ wealth grows by $7.4B in just 3 weeks
Amazon's founder and billionaire, Jeff Bezos, has witnessed a significant increase in his wealth, amassing an additional $7.4 billion in just ...
Amazon to cut another 9,000 jobs in second round of layoffs
Amazon said it will eliminate 9,000 more positions in the company as it continues to battle for survival in the ...
AWS Launches New AWS Local Zones location in Lagos, Nigeria
Amazon Web Services, (AWS), an Amazon.com, Inc. company, announced the launch of a new AWS Local Zones location in Lagos, ...
Tech layoffs: Amazon confirms it will cut over 18,000 jobs
America’s e-commerce giant, Amazon, has said it will cut more than 18,000 jobs as a result of uncertainties in the ...
