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Alphabet, Apple, Microsoft, and Amazon are just part of the elite group of companies that have market caps of $1 trillion or more. Their CEOs are paid handsomely, though some are getting pay cuts. Andy Jassy, CEO of Amazon, saw a huge dip in compensation, going from $212 million in 2021 to $1.3 million in 2022. Tim Cook, CEO of Apple, brought in $84 million in 2022, however, he is expected to see a 40 percent drop in 2023. The Yahoo Finance Live team breaks down the numbers.
Second, customers had less money to spend on Amazon.com and on the company's cloud computing services. As a result, Amazon reported a rare annual loss. As mentioned above, rising inflation has weighed on Amazon.
Amazon is known for its low prices. But read on to see how you might manage to save even more on select items.
Company also accused of violating children’s privacy by failing to delete recordings made through Alexa
EU antitrust regulators will decide by July 6 whether to clear Amazon.com Inc's $1.7 billion acquisition of the maker of robot vacuum cleaner iRobot Corp, according to a European Commission filing on Thursday. U.S. online retailer Amazon announced the takeover in August last year that will boost its portfolio of smart devices which include Alexa voice assistant, smart thermostats, security devices, wall mounted smart displays and a canine-like robot called Astro. "We’re working cooperatively with the relevant regulators in their review of this merger," an Amazon spokesperson said.
BRUSSELS (Reuters) -EU antitrust regulators will decide by July 6 whether to clear Amazon.com Inc's $1.7 billion acquisition of the maker of robot vacuum cleaner iRobot Corp, according to a European Commission filing on Thursday. U.S. online retailer Amazon announced the takeover in August last year that will boost its portfolio of smart devices which include Alexa voice assistant, smart thermostats, security devices, wall mounted smart displays and a canine-like robot called Astro. "We’re working cooperatively with the relevant regulators in their review of this merger," an Amazon spokesperson said.
(Bloomberg) -- Tens of thousands of Amazon.com Inc. employees once could listen to voice recordings of Alexa users, according to US regulators.Most Read from BloombergChina Is Drilling a 10,000-Meter-Deep Hole Into the EarthInside the Making of Redfall, Xbox’s Latest MisfireWall Street Banks Are Using AI to Rewire the World of FinanceDebt-Limit Deal Passes the House, Easing US Default ConcernsBillionaire Perot Warns of Real Estate Recession as Loans Dry UpSome 30,000 Amazon workers had access to
Match Group (MTCH) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
WASHINGTON (AP) — Amazon agreed Wednesday to pay a $25 million civil penalty to settle Federal Trade Commission allegations it violated a child privacy law and deceived parents by keeping for years kids' voice and location data recorded by its popular Alexa voice assistant. Separately, the company agreed to pay $5.8 million in customer refunds for alleged privacy violations involving its doorbell camera Ring. The Alexa-related action orders Amazon to overhaul its data deletion practices and impo
Amazon (NASDAQ: AMZN) and Microsoft (NASDAQ: MSFT) hold the two largest market shares in cloud computing with their respective services: Amazon Web Services (AWS) with a 32% share and Azure with 23%. As a result, one of these companies looks poised to become a dominant figure in both the cloud and AI markets, making their stocks compelling investments. Amazon's biggest asset is its lead in the cloud market with AWS.
Amazon (AMZN) announces the general availability of its purpose-built security data lake, called Amazon Security Lake.
D ozens of Amazon.com Inc delivery drivers in California have signed a first-of-its-kind union contract in the U.S. as fears grow over low wages, tough conditions, and workers' safety put at risk from worsening heatwaves fueled by climate change. The 84 workers in the city of Palmdale, who organized with the Teamsters union, secured pay rises, paid holidays and safety protections in April after gaining recognition from their employer Battle-Tested Strategies (BTS), a delivery firm contracted by Amazon.
ATLANTA, June 01, 2023--Amazon announced today that it has more than doubled the capacity of its Disaster Relief Hub in Atlanta by prepositioning 2.4 million relief items ahead of the 2023 hurricane season, which officially begins today. The items will be distributed in the wake of natural disasters to nonprofits and other aid partners that quickly help communities impacted by hurricanes or other disasters. The Disaster Relief Hub is a dedicated space within Amazon’s global logistics network to
Nvidia's blockbuster quarter and valuation questions to consider. If Best Buy needs sales growth to reward shareholders. Plus, Motley Fool analysts Tim Beyers and Meilin Quinn interview DigitalOcean CEO Yancey Spruill about how the cloud service provider differentiates itself from competitors like Microsoft and Amazon.
Fool.com contributor and finance professor Parkev Tatevosian elaborates on how Amazon (NASDAQ: AMZN) and Snowflake (NYSE: SNOW) have prospects that are correlated. *Stock prices used were the afternoon prices of May 29, 2023.
Staff at the security camera maker Ring could watch thousands of videos of people in their bedrooms and bathrooms without owners’ knowledge, a US regulator has claimed.
Amazon will be revising its delivery fees for its Amazon Fresh groceries delivery service with effect from 8 June. See the new fees.
Amazon (NASDAQ: AMZN) is no stranger when it comes to tech innovation. In its nearly 30-year history, the company has been a pioneer in everything from cloud computing infrastructure to e-commerce to video streaming to voice-activated technology like Alexa and beyond. With artificial intelligence (AI) moving to the forefront as the next major boom in technology, it shouldn't be a surprise to find Amazon there as well.
Existing competitive advantages and big opportunities driven by AI make this tech giant a smart investment.
Amazon (NASDAQ: AMZN) shares have popped by about 40% since the start of 2023. The tech giant's domination of some of the world's fastest-growing and most lucrative industries, from e-commerce to cloud computing, not to mention its growing footprint in other fast-growing spaces like entertainment, healthcare, groceries, and more, has given it a moat that few other companies have been able to penetrate at scale. It's also important to understand that no company is wholly impervious to the operating environment in which it exists.
SEATTLE (AP) — Telling executives to “strive harder,” hundreds of corporate Amazon workers protested what they decried as the company's lack of progress on climate goals and an inequitable return-to-office mandate during a lunchtime demonstration at its Seattle headquarters Wednesday. The protest came a week after Amazon's annual shareholder meeting and a month after a policy took effect returning workers to the office three days per week. Previously, team leaders were allowed to determine how t
Amazon UK Services received tax credit of £7.7m for investment in infrastructure under Rishi Sunak’s super-deduction scheme
The global marketplace and technology firm said it invested more and generated higher revenues over 2022.
Wall Street finished the month of May on a down note, with major market benchmarks giving back a portion of their recent gains. Declines for the Nasdaq Composite (NASDAQINDEX: ^IXIC) and S&P 500 (SNPINDEX: ^GSPC) were slightly worse than the daily drop in the Dow Jones Industrial Average (DJINDICES: ^DJI), but overall, the Nasdaq posted strong gains for the month even as the Dow fell significantly.
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