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Amazon to pay nearly $4M to DC

Amazon agrees to pay D.C. $3.95 million settlement over stolen driver tips

Amazon settled a lawsuit with D.C. over stolen tips on Friday, with the e-commerce behemoth agreeing to pay $3.95 million to the District, including $2.4 million in penalties. The ligation, filed in 2022 by then-D.

U.S. News & World Report · 13h

Amazon to Pay Nearly $4M to Settle Lawsuit Alleging It Took Tips From Drivers

Amazon has agreed to pay nearly $4 million to settle charges that the e-commerce company subsidized its labor costs by taking tips its delivery drivers received from customers

Yahoo · 8h

OAG: Amazon to pay $3.95M to DC in settlement over misleading customers about tips

Amazon settled a lawsuit with the Office of the Attorney General (OAG), which alleged it misled customers in the District by assuring them that 100% of tips would go to Amazon Flex delivery drivers.

Seeking Alpha on MSN · 12h

Amazon.com to pay $3.95M in settlement for lawsuit related to stealing of worker tips

E-commerce company Amazon.com (NASDAQ:AMZN) is set to pay $3.95M in settlement charges connected to a lawsuit alleging stealing of tips intended for workers. The settlement charges include $2.45M in penalties and $1.

Amazon Alexa Set For Major Update

Newsweek on MSN · 16h

Amazon Alexa Set For Major Update: Here's What You Need to Know

Alexa is set to receive a reboot powered by generative artificial intelligence, which "could be risky" for Amazon.

CNET on MSN · 1d

Amazon's Alexa Set for Major AI Upgrade: Here's What to Expect

Amazon is expected to tease a major AI-powered upgrade for its voice assistant Alexa later this month, one that could change how we interact with tech at home. The company has sent out media invites for a Feb.

PCMag on MSN · 1d

Amazon Set to Finally Unveil AI-Enhanced Alexa at Feb. 26 Event

Amazon will host an event on Feb. 26 that may include the launch of a revamped Alexa the company has been teasing for more than a year. Amazon typically holds an event each fall to launch its latest Echo devices ahead of the holiday shopping season,

Amazon cuts reference to diversity

Geekwire on MSN · 12h

Amazon cuts workforce diversity reference from annual filing amid Trump-led backlash against DEI

Amazon scrubs references to workforce diversity in annual report while CEO Andy Jassy celebrates Black History Month with employees.

Reuters · 15h

Amazon cuts diversity reference from annual report as firms roll back DEI

Amazon.com eliminated a reference to "inclusion and diversity" in its annual report filed on Thursday, after telling employees in December that it was winding down diversity programs as part of corporate America's broader retreat from such policies.

Forbes · 10h

Amazon Removes Diversity References From Annual Report—Here Are All The Companies Rolling Back DEI

Following Trump's lead, organizations including Walmart, Lowe’s and Meta have announced they would scale back their commitments to diversity, equity and inclusion programs.

Amazon’s quarterly profits soar to a record $20 billion

GeekWire · 13h

Amazon’s quarterly profits soar to a record $20 billion, but cloud growth comes up short

Amazon's beat Wall Street's overall expectations with $187.8 billion in net sales, up 10%, and came in well ahead on the bottom line, with earnings of $1.86 per share, vs. expectations of $1.48 for the fourth quarter.

U.S. News & World Report · 1d

Amazon Beats Quarterly Revenue Estimates, Cloud Growth Lags

Amazon.com topped Wall Street estimates for quarterly revenue on Thursday, as strong sales over the holiday shopping season boosted its retail business, helping offset weakness in the cloud computing unit.

Fortune on MSN · 6h

The mystery inside Amazon’s record profits: How much are higher seller fees boosting the bottom line?

Amazon's cloud and ad divisions are key contributors to its record profit. But the tech giant keeps the full picture murky.

AI, Amazon

NBC Los Angeles · 1d

Amazon plans to spend $100 billion this year to capture ‘once in a lifetime opportunity' in AI

Amazon CEO Andy Jassy speaks during a keynote address at AWS re:Invent 2024, a conference hosted by Amazon Web Services, at The Venetian Las Vegas on December 3, 2024 in Las Vegas, Nevada. Amazon said it plans to boost capital expenditures to $100 billion in 2025,

Digital Trends on MSN · 11h

Amazon plans to spend an estimated $100 billion on AI in 2025

Amazon CEO Andy Jassy revealed to investors Thursday that the company plans to spend more than $100 billion in capital expenditures on AWS and AI development in 2025.The Latest Tech News, Delivered to

Android Headlines on MSN · 8h

Amazon will spend an ungodly amount of money on AI this year!

Developing AI technology is not cheap at all. It costs billions of dollars to train AI models, and this is why most of the major models being trained are from trillion-dollar companies. Amazon is one of those companies,

12h

Amazon Stock Is Down Amid Doubts About Its $100 Billion AI Bet

Amazon said Thursday it plans to boost its capital expenditures to $100 billion in 2025, as it continues its AI investments.

13h

Amazon says German customers won't lose Amazon Prime as a result of court ruling

Amazon's video streaming services in Germany will continue as before, the U.S. technology giant said on Friday, despite a ...

Amazon earnings recap: Stock falls as guidance falls short, CFO indicates capex of more than $100 billion in 2025

Amazon's earnings call is today at 5 pm ET. AMZN stock heads into the report up 8% YTD. Investors are focused on cloud demand ...

21hon MSN

Amazon Pours Fuel on Big Tech Spending After DeepSeek Panic

The e-commerce giant is pulling ahead of rivals in the AI investment race with plans for more than $100 billion in capital ...

1don MSN

Amazon reports strong earnings for Q4, but stocks dip due to guidance for the 1st quarter

The Seattle-based e-commerce and technology company said its revenue for the October-December period totaled $187.8 billion, ...

12mon MSN

Amazon faces new union test in North Carolina

North Carolina is a state that is generally hostile to unions. Amazon is a company that is, historically, extremely hostile ...

20hon MSN

Amazon Earnings: Shares Fall After Sales Outlook Is Weaker Than Expected

The company plans to allocate a record amount to capital expenditures to build artificial-intelligence infrastructure.

14hon MSN

Amazon, Like Microsoft, Says It Can’t Keep Up With AI Demand

Amazon.com Inc. warned investors that it could face capacity constraints in its cloud computing division despite plans to ...

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Amazon to pay nearly $4M to DC

Amazon Alexa Set For Major Update

Amazon cuts reference to diversity

Amazon’s quarterly profits soar to a record $20 billion

AI, Amazon

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