fox-business/technology/amazon
Amazon robotics chief wants to eliminate every menial, mundane job
Amazon Chief Technology Officer of Robotics Tye Brady shared his vision for reinventing the workplace inside warehouses and fulfillment centers for the online retailer. Amazon is doubling down on artificial intelligence and robotics to remake work inside its warehouses and fulfillment centers, even as it cuts thousands of corporate roles and faces growing fears about […]
Amazon CEO Andy Jassy says AWS growth is back to 20%
Evercore ISI’s Mark Mahaney joins ‘Varney & Co.’ to discuss Amazon’s breakout AWS growth, his new $335 price target and why he’s turning cautious on Meta amid soaring AI spending. Amazon shares touched a record high Friday, rising over 9%, after strong quarterly results that were driven by its growing cloud business – AWS—which saw […]
Amazon cuts 14,000 corporate jobs in major workforce reduction move
Federal Trade Commission Chairman Andrew Ferguson explains Amazon’s billion-dollar settlement with the Federal Trade Commission on ‘Making Money.’ Amazon is planning to cut 14,000 roles from its corporate workforce as part of an internal restructuring, according to a message shared with employees on Tuesday. “We’re working hard to support everyone whose role is impacted, including […]
Amazon holiday jobs offer $23 hourly pay for seasonal workers this year
Storch Advisors CEO Gerald Storch discusses Adobe’s prediction that online spending this upcoming holiday season will grow at a slower pace on ‘Varney & Co.’ Amazon is gearing up for the holidays with a plan to hire 250,000 works across its U.S. fulfillment and delivery network. The online commerce giant is hiring full-time, part-time, and […]
Amazon announces prescription kiosks at One Medical locations in Los Angeles
Two Amazon Air Prime delivery drones collided into a crane in a commercial area Wednesday in Tolleson, Arizona. (KSAZ) Amazon announced Wednesday it will launch “Amazon Pharmacy Kiosks,” a new service designed to help close the gap between doctor visits and prescription pickups. The kiosks, which will launch later this year at medical offices in […]
Amazon to pay $2.5B Prime settlement with customer refunds
Federal Trade Commission Chairman Andrew Ferguson explains Amazon’s billion-dollar settlement with the Federal Trade Commission on ‘Making Money.’ Amazon is set to pay a historic $2.5 billion settlement after it was accused of enrolling customers in Prime subscriptions without their consent and making it hard to cancel. The Federal Trade Commission (FTC) announced the settlement […]