American businessman
Amazon CEO Says Generative AI Could Be Largest Technological Transformation Since the Internet
on.wsj.com/3VVckFp
Andy Jassy says Amazon has a ‘great relationship’ with sellers. Longtime sellers say it’s ‘the worst it’s ever been’
fortune.com/2024/04/11/andy-jassy-shareholder-letter-amazon-seller-relationship/
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What is weighing on CEOs’ minds this earnings season? : Shareholder letters are proving to be bleakly prophetic
economist.com/business/2024/04/18/what-is-weighing-on-ceos-minds-this-earnings-season
Amazon CEO Andy Jassy isn’t sold on Steve Cohen’s 4-day workweek: ‘We still don’t know yet where we’re going to end up’
fortune.com/2024/04/12/andy-jassy-amazon-four-day-week-steve-cohen/
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Amazon CEO Andy Jassy spurns regulators after failed iRobot deal: 'It's a sad story'
cnbc.com/2024/04/11/amazon-ceo-jassy-spurns-regulators-after-failed-irobot-deal.html
Analysts reassess Amazon stock price targets ahead of earnings: This is what could happen next to Amazon shares.
charlotteobserver.com/news/business/article287746815.html
Amazon CEO Andy Jassy in shareholder letter says he's committed to cost cutting while investing in AI
cnbc.com/2024/04/11/amazon-ceo-andy-jassy-says-committed-to-cost-cutting-while-investing-in-ai-in-shareholder-letter.html
Quick Glance: Amazon CEO Foresees AI Revolution via AWS
- Amazon CEO Andy Jassy mentioned that the company is 'building several' AI apps in Amazon Web Services.
- In his annual letter to shareholders, Jassy focused on generative artificial intelligence, which he stated could be the largest technology transformation since the cloud.
- Amazon is investing in all three layers of generative AI, including developing foundational models and providing services for customers like Delta Airlines and Pfizer.
- Amazon is building a variety of GenAI applications, including a recently launched coding assistant called Amazon Q, which writes, debugs, and implements software code.
Amazon CEO: "We're deeply investing" in generative AI: Amazon CEO defines gen AI strategy amid cost concerns
axios.com/2024/04/11/amazon-generative-ai-andy-jassy-investments
Amazon shares have just reached a new all-time high. But both the company itself and Bank of America are certain that there is more to come.www.boerse-online.de/nachrichten/aktien/top-analyst-der-bank-of-america-extrem-bullisch-ist-die-amazon-aktie-noch-heisser-als-gedacht-20355373.html
Do cloud-based genAI services have an enterprise future? www.computerworld.com/article/2089619/do-cloud-based-genai-services-have-an-enterprise-future.html
Amazon CEO Andy Jassy Voices Frustration Over Regulatory Hurdles in Acquisition Plans
techtimes.com/articles/303507/20240411/amazon-ceo-andy-jassy-voices-frustration-over-regulatory-hurdles-acquisition.htm
Amazon Prime Video Reaches More Than 200 Million Monthly Viewers: Amazon CEO Andy Jassy put a new number on Prime Video's audience, saying the premium video ...
variety.com/2024/digital/news/amazon-prime-video-200-million-monthly-viewers-tv-advertising-ceo-1235967913/
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Amazon is removing Just Walk Out technology from its Fresh grocery stores in the US
apnews.com/article/amazon-fresh-just-walk-out-bb36bb24803bd56747c6f99814224265
Quick Glance: No 'Just Walk Out' at Amazon Grocery Stores: The Rise of Smart Shopping Carts
- Amazon is replacing the 'Just Walk Out' technology in U.S. stores with smart shopping carts, while keeping it in the U.K.
- The company is now banking on the smart shopping cart to potentially revolutionize the food shopping experience.
- Acknowledging the failure to widely implement the 'Just Walk Out' technology, Amazon shifts focus to the smart shopping cart as a more feasible solution.
- Introducing technology in the grocery sector faces challenges, especially concerning consumer trust and the adoption of innovations.
Amazon sharply upped ‘performance improvement plans’ for workers. Then came tens of thousands of layoffs
fortune.com/2024/03/20/amazon-layoffs-performance-review-tech-human-resources-andy-jassy/
Paid articlePaid After Jeff Bezos, the CEO also sells - Warning signal for Amazon shares?: Amazon CEO Jassy and founder Bezos sell shares. Warning signal for Amazon shares?
boerse-online.de/nachrichten/aktien/nach-jeff-bezos-verkauft-auch-der-ceo-warnsignal-fuer-die-amazon-aktie--20352343.html
Amazon Is Laying Off Hundreds in its Health Care Operation
bloomberg.com/news/articles/2024-02-06/amazon-is-laying-off-hundreds-in-its-health-care-operation
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Amazon Prime Video Sued for Misleading Subscribers With New Ad Tier: The class action lawsuit filed Friday cites breach of contract and state consumer protection ...
thewrap.com/amazon-prime-video-ad-tier-class-action-lawsuit/
Amazon.com reported strong profit and gave an operating income outlook that surpassed estimates, suggesting that CEO Andy Jassy’s unrelenting cost-cutting and focus ... Show more trib.al/22ljb3h
Amazon launches AI shopping assistant as holiday shoppers boost revenue: Holiday shoppers powered strong revenue growth for Amazon last quarter ...
cnn.com/2024/02/01/tech/amazon-q4-earnings/
Paid articlePaidQuick Glance: Amazon's Holiday Season: Record Sales Jump
- E-commerce giant's sales surged 14% to $170 billion in Q4 2023.
- Amazon customers bought more items this holiday season than ever before, according to the company.
- Over 1 billion items sold during Amazon’s 11-day Black Friday and Cyber Monday sales event.
- Holiday purchases led to a 14% revenue increase to nearly $170 billion in the three months ended Dec. 31.
These 'unusual' 4 traits helped Jeff Bezos grow Amazon into a $1 trillion company, says current CEO
cnbc.com/2024/01/25/jeff-bezos-unusual-leadership-traits-helped-grow-amazon-current-ceo.html
Amazon (AMZN) Share Price Gains After Robust Sales, Strong Profit Outlook
bloomberg.com/news/articles/2024-02-01/amazon-projectsprofit-topping-estimates-on-further-cost-cutting
Paid articlePaid Amazon launches generative AI tool to answer shoppers' questions: Amazon's new AI feature could save shoppers from scrolling through pages of reviews or reading ...
cnbc.com/2024/01/16/amazon-launches-generative-ai-tool-to-answer-shoppers-questions.html
Quick Glance: New Developments in AI: Opportunities and Risks
- Recent advances in AI have garnered global attention.
- Leaders from OpenAI and Microsoft were significant at the World Economic Forum.
- World leaders emphasize the geopolitical importance of AI and stake positions on its regulation.
- The European Union has developed the world’s first comprehensive rules for AI.
Amazon Lays Off 'Several Hundred' Employees at Prime, Twitch: 'It Is Hard to Say Goodbye'
entrepreneur.com/business-news/amazon-lays-off-hundreds-of-staffers-at-prime-twitch-mgm/468179
Quick Glance: Amazon to Cut Jobs at Twitch, MGM, and Prime Video
- Over 500 Twitch employees to be laid off, representing a third of the workforce.
- Several hundred employees at Prime Video and MGM will also lose their jobs.
- Twitch was originally created for gamers to watch and share online gameplay videos.
- Amazon reported a $9.9 billion profit in July to September, according to its latest earnings report.
NASDAQ stock Amazon shares benefit premarket: Amazon beats sales and profit expectations - Tes
finanzen.net/nachricht/aktien/bilanz-praesentiert-nasdaq-titel-amazon-aktie-profitiert-vorboerslich-amazon-schlaegt-umsatz-und-gewinnerwartungen-tests-mit-ki-einkaufshelfer-13216827
Amazon enjoyed a strong Q4 thanks to record-breaking holiday sales: Amazon released its Q4 earnings for 2023, and it looks like it had a great closing for 2023.
androidcentral.com/apps-software/amazon-q4-2023-earnings
The first users in the USA can encounter an assistant with artificial intelligence on the Amazon platform.
👉 For the whole message: brnw.ch/21wGC2h
Amazon Beats on Wall Street Q4 Estimates as Ad Sales Climb 27% variety.com/2024/digital/news/amazon-earnings-q4-1235894477/
Amazon Advertising Revenue Hits $14.6B in Latest Quarter as Tech Giant Leans Into Ad Deals
hollywoodreporter.com/business/digital/amazon-q4-2023-earnings-1235812909/
Walmart customers are behaving so strangely it’s making bosses ‘sit up in their chairs’
fortune.com/2023/12/07/walmart-customers-behaving-strangely-2024-shopping-trends/
Paid articlePaid Amazon CEO explains how company carries out same-day delivery: Amazon CEO Andy Jassy explained how the company is able to deliver so many shipments to customers ...
cnbc.com/2023/12/06/amazon-ceo-explains-how-company-carries-out-same-day-delivery.html
Read the leaked email that Amazon sent to the employees it just fired: The company has a new vision for its gaming department.
thestreet.com/retail/read-the-leaked-email-that-amazon-sent-to-the-employees-it-just-fired
McKinsey and Its Consulting Industry Peers Face Wild Headwinds: The $860 billion consulting sector is battling global economic uncertainty and the fallout from a ...
bloomberg.com/news/features/2023-11-22/mckinsey-and-its-consulting-industry-peers-face-the-wildest-headwinds-in-years
Amazon to staff: Come into the office – it'd be a shame if something happened to your promotion
theregister.com/2023/11/15/amazon_in_person_mandate/
Amazon says employees may not get promoted if they ignore return-to-office mandate
cnbc.com/2023/11/17/amazon-says-employees-may-risk-promotion-if-they-ignore-rto-mandate.html
Quick Glance: Amazon's New Venture: Car Sales in the US
- Starting next year, buyers will be able to purchase cars from dealers on Amazon.
- Initially, the available cars will be limited to the Hyundai brand.
- Despite being a small fraction of the market, the pandemic revealed a surge in online car sales.
- Amazon's aggressive expansion includes over two decades in online car sales and venturing into other industries.
Better cloud business: Amazon earns almost ten billion dollars in three months: The American internet company significantly increases turnover and profit ...
faz.net/aktuell/wirtschaft/unternehmen/cloud-geschaeft-von-amazon-aehnlicher-trend-wie-bei-google-19272232.html
Quick Glance: Amazon and AWS Rebound with Billions in Profits
- Amazon achieves nearly $10 billion in profit for the third quarter
- Amazon reports $9.9 billion in profits for the months of July through September
- Earnings per diluted share increased from 28 cents in Q3 2022 to 94 cents in Q3 2023
- Advertising sales grew 26% year over year in Q3 to $12 billion
Is Andy Jassy just a placeholder for a triumphant return of Jeff Bezos?: Andy Jassy has been at the helm of the US giant Amazon for two years. His results: mixed ...
handelszeitung.ch/bilanz/ist-andy-jassy-nur-platzhalter-fur-eine-triumphale-ruckkehr-von-jeff-bezos-661443
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Amazon CEO declares war: “We can be number 1 here”: Amazon boss Andy Jassy has now made it clear in a CNBC interview how seriously the company takes this ...
deraktionaer.de/artikel/aktien/amazon-ceo-mit-kampfansage-hier-koennen-wir-die-nummer-1-sein-20345279.html
AWS explained: What Amazon Web Services is, future of cloud computing: AWS is a division of Amazon that offers a wide range of cloud computing services ...
businessinsider.com/aws
Amazon Laying Off Hundreds of People in Alexa Division (AMZN): Amazon.com Inc. is cutting hundreds of employees in the division responsible for its ...
bloomberg.com/news/articles/2023-11-17/amazon-is-laying-off-hundreds-of-people-in-alexa-division
Amazon escalates home office dispute: If you're not in the office, you're out, says CEO Andy Jassy. Employees told to move if they live too far away
derstandard.at/story/3000000192189/amazon-laesst-den-streit-ums-homeoffice-eskalieren
Home office dispute escalates: Amazon managers should now terminate office refusers
t3n.de/news/homeoffice-buero-amazon-mitarbeiter-kuendigen-1583656/
Better Cloud Business: Amazon Earns Nearly $10 Billion in Three Months: The American internet company is significantly increasing sales and profits ...
faz.net/aktuell/wirtschaft/unternehmen/amazon-verdient-fast-zehn-milliarden-dollar-in-drei-monaten-19272232.html
Amazon's Jassy: We're 'surprised' at growth of our generative AI business: Amazon says companies like Adidas and United are building generative AI tools on AWS.
axios.com/2023/10/27/amazon-earnings-q3-cloud-ai-growth
Apple CEO Tim Cook got a $41 million payday after massive stock sale, as the iPhone maker’s shares creep down from summer highs
fortune.com/2023/10/05/apple-ceo-tim-cook-stock-sale-meta-amazon-alphabet-ceo-pay/
Paid articlePaid Andy Jassy at Amazon: His timeline as post-Bezos CEO: Andy Jassy's legacy as Amazon CEO after Jeff Bezos has seen triumphs and challenges, including layoffs ...
businessinsider.com/andy-jassy
Amazon CEO: How company leadership navigates transitions, challenges: Dive into the leadership style and strategic decisions of Amazon's CEO ...
businessinsider.com/amazon-ceo
Ex-Microsoft exec Panos Panay is confirmed as the new head of Amazon's devices team
engadget.com/ex-microsoft-exec-panos-panay-is-confirmed-as-the-new-head-of-amazons-devices-team-154233605.html
Quick Glance: Former Microsoft product chief to lead Amazon's device business
- Panos Panay will head Amazon's unit responsible for Alexa and Echo.
- Panay, who led the creation of Microsoft's Surface line, joins Amazon in October.
- Amazon has stated that its devices and services business is not profitable.
- Workers in the hardware unit express concerns about morale and the success of upcoming devices.
Amazon’s return to office rule could take 3 years to become a reality, says senior exec: ‘It hasn’t been perfect.’
fortune.com/2023/09/27/amazon-return-to-office-rule-could-take-3-years-senior-exec-peter-desantis-andy-jassy/
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For Amazon’s Andy Jassy, a cleanup job just got a lot bigger: Andy Jassy joins other Big Tech chief executives who have taken control of enormous businesses from ...
nytimes.com/2023/09/26/technology/andy-jassy-amazon-ftc-lawsuit.html
Amazon Blows Past Q3 Expectations, Ad Revenue Jumps 26%: Amazon kept the cash register ringing in Q3 2023, turning in results that came in above Wall Street ...
variety.com/2023/digital/news/amazon-q3-2023-earnings-ad-revenue-1235769177/
Paid articlePaid Dave Clark, the former Amazon exec who lost out to Andy Jassy, reportedly fired from his startup CEO role by a founder who never really left
fortune.com/2023/09/06/dave-clark-flexport-resignation-amazon-executive-jeff-bezos-andy-jassy/
Paid articlePaid Amazon CEO tells employees to return to the office or their days may be numbered: Amazon CEO Andy Jassy has told employees to get on board with the company’s ...
cnn.com/2023/08/29/business/amazon-jobs-return-to-office/
Amazon CEO: It’s ‘past the time’ to disagree with return to office policy: Amazon CEO Andy Jassy is pushing back on employee’s defiance of the company’s ...
sacbee.com/news/politics-government/article278754389.html
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Return to Office: Amazon managers are allowed to fire employees who work from home - Golem.de
golem.de/news/return-to-office-amazon-manager-duerfen-angestellte-im-homeoffice-entlassen-2310-178658.html
Amazon CEO: It’s ‘past the time’ to disagree with return to office policy: Amazon CEO Andy Jassy is pushing back on employee’s defiance of the company’s ...
charlotteobserver.com/news/politics-government/article278754389.html
Paid articlePaid Amazon Prime Video Content to Include Ads Staring Early 2024: Amazon.com Inc., following other streaming platforms looking to further monetize their content ...
bloomberg.com/news/articles/2023-09-22/amazon-prime-video-content-to-include-ads-staring-early-2024
Quick Glance: Amazon Prime Video to Introduce Ads or $2.99 Monthly Fee for Ad-Free Viewing
- Amazon Prime Video will display ads during shows and movies starting early next year.
- Prime members can pay $2.99 per month to keep the service ad-free.
- Live events on Amazon Prime, such as sports, already include advertising.
- Amazon Prime Video is part of a much larger array of benefits that come with Amazon Prime membership.
"Project Panda": Amazon's mysterious job advertisement: Amazon's strange job posting suggests the company is advertising jobs it doesn't want to fill - that's ...
businessinsider.de/karriere/international-career/project-panda-amazons-seltsame-stellenausschreibung-laesst-vermuten-dass-das-unternehmen-jobs-ausschreibt-die-es-nicht-besetzen-will-das-ist-der-grund/
Remote Work Glossary: New Words + Phrases Enter the Flex Office Era: Humor is a good strategy in the increasingly tense debate over where we work.
bloomberg.com/news/articles/2023-09-15/remote-work-glossary-new-words-phrases-enter-the-flex-office-era
Amazon Devices Event Is New Chapter for Alexa and Echo Speakers: Amazon’s product event this week marks a new era for the company. But first...
bloomberg.com/news/newsletters/2023-09-18/amazon-devices-event-is-new-chapter-for-alexa-and-echo-speakers
A clean-up job that got a lot bigger: IN the two years since Andy Jassy replaced Jeff Bezos as Amazon’s chief executive, he has been cleaning up after his ...
thestar.com.my/news/focus/2023/10/09/a-clean-up-job-that-got-a-lot-bigger
Amazon’s RTO saga continues as employees get an email scolding them for not showing up to the office—even though they did
fortune.com/2023/08/10/amazons-return-to-office-email-reprimanding-employees/
Paid articlePaid Amazon’s RTO saga continues as employees get an email scolding them for not showing up to the office—even though they did
fortune.com/2023/08/10/amazons-return-to-office-email-reprimanding-employees/
Paid articlePaid Return-to-Work RTO Push By Male CEOs Harms Working Mothers: WFH means they’re happier. Less stressed. They get more sleep. And they’re less likely to quit.
bloomberg.com/news/newsletters/2023-08-31/return-to-work-rto-push-by-male-ceos-harms-working-mothers
Amazon touts artificial intelligence products, services for businesses: Tech giant Amazon held its Q2 earnings call on Thursday as executives touted its AI ...
foxbusiness.com/markets/amazon-touts-artificial-intelligence-products-services-businesses
Quick Glance: Amazon's Focus on Generative AI Across All Divisions
- Like other major tech companies, Amazon is heavily focused on generative artificial intelligence.
- CEO Andy Jassy confirmed that every division at Amazon is working on multiple generative AI projects.
- Jassy emphasized that every team at Amazon is building generative AI applications to reinvent and enhance the customer experience.
- Amazon plans to incorporate generative AI in all its consumer-facing products and services, highlighting its significance and investment.
Amazon’s leader on Alexa, Echo and other devices plans to leave: The exit of Dave Limp will add to the growing list of executives who have left or retired since ...
bloomberg.com/news/articles/2023-08-14/amazon-hardware-chief-dave-limp-to-retire-wsj-says
Amazon Plans To Deliver Without A Box: There will be stickers on the box to ensure delivery to the right address.
forbes.com/sites/walterloeb/2023/08/14/amazon-plans-to-deliver-without-a-box/
Andy Jassy summed up Amazon’s A.I. gameplan: Every single business unit has ‘multiple generative A.I. initiatives going on’
finance.yahoo.com/news/andy-jassy-summed-amazon-gameplan-002354297.html
Quick Glance: Amazon Beats Q2 Expectations and Raises Outlook
- Amazon beats analyst expectations for the second quarter and offers a better outlook.
- Amazon Web Services, the company's cloud computing unit, sees a 12% revenue increase to $22.1 billion in Q2.
- Amazon stock surges 53% year to date.
An Amazon exec says it’s time for workers to ‘disagree and commit’ to an office return: ‘I don’t have data to back it up, but I know it’s better’
fortune.com/2023/08/03/amazon-svp-mike-hopkins-office-return/
Amazon's partnership with Shopify: These are the guiding principles: The e-commerce rivals have launched a new Buy with Prime app for Shopify ...
businessinsider.de/wirtschaft/amazons-partnerschaft-mit-shopify-das-sind-die-leitprinzipien/
Amazon (AMZN) Provides Strong Sales Forecast on E-Commerce Business: Amazon.com Inc. Chief Executive Officer Andy Jassy pulled off a financial double play this ...
bloomberg.com/news/articles/2023-08-03/amazon-provides-strong-sales-forecast-on-e-commerce-business
5 things you need to know this week: Amazon leads by example: Every Monday morning we report on five things that are important at the start of the week ...
t3n.de/news/amazon-homeoffice-starfield-ipod-1573694/
Amazon: Clear Course: Amazon CEO Andy Jassy insists on returning to the office and warns that working from home "probably won't work" ...
deraktionaer.de/artikel/aktien/amazon-klarer-kurs-20338451.html
The new Fairphone 5 - and Amazon's home office disaster.: Hello and welcome to the August 30 t3n Daily. Today we're talking about Fairphone's new smartphone ...
t3n.de/news/fairphone-5-amazon-homeoffice-katastrophe-1572948/
Amazon laying off hundreds of workers at Fresh grocery stores: report: Hundreds of Amazon Fresh store workers were told that their jobs were being eliminated ...
foxbusiness.com/lifestyle/amazon-laying-off-hundreds-workers-fresh-grocery-stores
Quick Glance: Why Walmart is outperforming Amazon in the grocery war
- Amazon's acquisition of Whole Foods indicated a more conventional approach to the supermarket business.
- Since then, Amazon has treated grocery more like a scientific experiment than a seduction, resulting in weak performance at Whole Foods and other formats.
- Last year, Tony Hoggett, a former executive from Tesco, a British supermarket chain, was recruited to bring grocery expertise to the company.
- Amazon has two other advantages: a massive marketplace platform for third-party sellers, expanding the range of products available on its website, and a $38 billion advertising business that complements its supermarket operations.
Amazon CEO explains how the company will compete against Microsoft, Google in A.I. race
cnbc.com/2023/07/06/amazon-ceo-explains-how-the-company-will-compete-in-ai-race-.html
Amazon (AMZN) Is Cutting Hundreds of Jobs in Grocery Division: Amazon.com Inc. is cutting hundreds of jobs in its grocery division, the Washington Post reported.
bloomberg.com/news/articles/2023-07-26/amazon-is-cutting-hundreds-of-jobs-in-grocery-divsion-report
Amazon exec says he has 'no data' to support return-to-office mandate: The comments from Amazon SVP Mike Hopkins added to the frustration some Amazon staff feel ...
businessinsider.com/amazon-executive-no-data-to-support-return-to-office-mandate-2023-8
Paid articlePaid over and over - Amazon cuts massive: With its own brands, Amazon repeatedly competes with retailers on its platform. This should now - at least partially - be ...
deraktionaer.de/artikel/commerce-brands-unicorns/aus-und-vorbei-amazon-streicht-massiv-20337492.html
Amazon CEO Andy Jassy expands his direct reports with Alexa executive: In his 2 years since becoming Amazon's CEO, Andy Jassy has added or replaced at least 8 ...
businessinsider.com/amazon-s-team-ceo-andy-jassy-direct-reports-alexa-exec-2023-7
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