Amazon profits triple as layoffs fuel record sales surge October 27, 2023 Amazon has over tripled its profits and reported its highest level of sales since the pandemic-driven online shopping spree.
Amazon: AWS, Prime and AI set to drive first-quarter earnings April 28, 2024 Analysts said that Amazon has recently got its mojo back after losing momentum over the last few years.
Spotify turns new page with audiobook deal to rival Amazon October 4, 2023 Spotify has inked deals with major publishers to bring audiobooks into its ever-expanding audio empire. Starting today, paying subscribers in the UK and Australia can listen to 15 hours of audiobooks on the Swedish streaming platform at no extra cost. Plans for a US launch are close by in the pipeline. Spotify users can pay [...]
Jeff Bezos sells roughly £1.6bn of Amazon shares February 11, 2024 Amazon founder Jeff Bezos has sold around 12m shares of the online retail and cloud services firm for roughly $2bn (£1.6bn).
Earnings watch: Apple, Amazon, and Meta reports to set market tone February 1, 2024 Earnings reports from tech titans Apple Inc, Amazon.com, and Meta Platforms Inc, slated for Thursday, are poised to steer stock movements this week.
Games Workshop signs deal with Amazon to make Warhammer TV shows December 18, 2023 Wargames maker's deal with online giant will transform Warhammer 400 game into film and television series
Amazon eyes anchor investor role ahead of Arm IPO August 9, 2023 Amazon is reportedly in discussions to become an anchor investor in Arm as the chip designer gears up to go public. The technology giant is joining the likes of Alphabet, which owns google, and semiconductor companies Nvidia and Intel in the queue to become a major investor in Cambridge-based Arm, according to Reuters. Arm plays [...]
This year we’re dreaming of a Bezos Christmas as Amazon defies a recession November 7, 2023 Amazon has managed to defy the sluggish growth of a recession with its vast offering of products, writes Julian Skelly
Amazon Prime Big Deal Days sees shoppers trim spending October 12, 2023 Protein shakes did well during Amazon's 'Prime Big Deal Days' event but analysts warn shoppers are tiring of discount days.
Amazon: Coventry workers gear up to strike during Black Friday October 10, 2023 Over 1,000 Amazon employees based in the company's Coventry warehouse are preparing for a fresh walkout on Black Friday.