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Amazon projects fourth quarter sales below estimates
Amazon's projected fourth-quarter sales are expected to fall below analyst estimates.
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Enterprise
Andy Jassy’s prediction: Amazon could have two $1 trillion businesses within a decade
Amazon CEO Andy Jassy predicts that AWS and the company's stores business could each reach $1 trillion in annual revenue within a decade.
Enterprise
Despite cloud boom, Amazon’s stock falls on disappointing earnings and revenue miss
Amazon shares dropped over 7% following a miss in earnings and revenue expectations.
AI
Amazon’s $42.4 Billion Cash Burn Delivers Final Blow In a Rough Week For AI
Amazon reported a $42.4 billion cash burn, highlighting financial pressures among AI hyperscalers.
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Andy Jassy says Prime Video is on track to earn ‘tens of billions of dollars’
Amazon CEO Andy Jassy expects Prime Video to generate tens of billions of dollars in revenue.
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Enterprise
AWS will be a $1T business, Jassy says. But first, it will spend big.
Amazon CEO Andy Jassy believes AWS can become a $1 trillion revenue business through significant capital expenditure.
Startups
Tech Moves: Former Amazon execs depart Warner Bros. Discovery; Amazon leader returns to Microsoft
Former Amazon executives Avi Saxena and Tyler Whitworth are leaving leadership roles at Warner Bros. Discovery following its acquisition by Paramount Skydance.
Enterprise
Amazon gives Wall Street mixed financial picture in earnings report
Amazon's latest earnings report shows strong cloud growth but a cautious outlook for the fourth quarter.
Enterprise
Amazon reported booming cloud revenue but otherwise missed expectations
Amazon reports strong cloud revenue growth but missed overall expectations and reported negative free cash flow.
Enterprise
AWS growth hits 39%, its fastest in nearly five years, as Amazon misses on earnings
AWS saw 39% revenue growth in Q3, though Amazon's overall earnings missed analyst expectations.
AI
Alexa can now manage your Amazon billing complaints, subscription changes, and more
Amazon has updated Alexa to handle over 100 shopping-related tasks, including billing and subscription management.
AI
Amazon Warns Engineers Against AI Productivity Traps in Latest Memo
Amazon has cautioned its engineers against relying on flawed AI productivity metrics.
AI
Amazon’s AI shopping assistant can now edit your grocery lists and gift registries
Amazon has updated its AI shopping assistant to allow users to edit grocery lists and gift registries via Alexa.
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Critical launch for Vulcan as ULA targets Friday the 13th
United Launch Alliance (ULA) targets November 13 for the return of its Vulcan rocket to flight.
AI
Amazon updates Alexa to help you manage shopping lists, subscriptions, and update delivery instructions
Amazon has updated Alexa to improve the management of shopping lists and subscriptions.
Gadgets
Karbonn Rebel 5G teased on Amazon: How the Indian brand eyes comeback with affordable smartphones for Gen Z
Indian brand Karbonn is attempting a market comeback by teasing the Rebel 5G smartphone on Amazon.
More Tech
Amazon cuts up to 250 jobs in its devices unit, Reuters reports
Amazon has cut up to 250 jobs within its devices and services unit, primarily affecting software developers.
Gadgets
Amazon Launches New Echo Devices With Smarter Alexa Features and Home Camera
Amazon has expanded its Alexa-powered hardware lineup with new Echo speakers, displays, and a smart photo frame.