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The S&P 500 is trading at a record and the Nasdaq is at its highest in two years, CNBC reported. Alphabet shares reached a new pinnacle on Thursday, as did Meta and Microsoft, which ran past $3 trillion in market cap.
Video game layoff season - an extension of what has basically at this point become video game layoff year - is in full swing, and now Amazon is getting in on it, Aftermath reported. Two sources with knowledge of the layoffs told Aftermath that Amazon is eliminating 180 positions in its games division. This includes the entirety of Crown Channel,
Amazon has some big plans for its drone delivery program, including an international expansion to the UK and Italy in 2024, Engadget reported. The company aims to start drone operations in a third US city next year, following existing efforts in College Station, Texas (where it just started offering prescription medication delivery by drone) and Lockeford, California. According to Engadget,
Amazon is now requiring authors who sell books through the company’s e-book program to disclose in advance if their work contains any AI-generated material, PCMag reported. A new passage in the company’s direct publishing guidelines states: “We require you to inform us of AI-generated content (text, images, or translations), when you publish a new book or make edits to and
Amazon and Disney are excited to share that Hey Disney! - a new voice assistant built on Alexa technology and referred as the ‘Disney Magical Companion’ - is officially available for customers to purchase in the U.S. as an annual, auto-renewing subscription in the Alexa Skills Store for use on their supported Echo devices at home. Additionally, Hey Disney! is
Work from home flexibility is coming to an end for Amazon employees, Gizmodo reported. Though most of the company’s 1.5 million full and part-time workers labor in warehouses or as delivery drivers - the e-commerce company giant also employs hundreds of thousands of corporate and tech staff. After years of pandemic-induced policy allowing employees to telecommute, those desk-based workers will
California Attorney General Rob Bonta announced a lawsuit against Amazon alleging that the company stifled competition and caused increased prices across California through anticompetitive contracting practices in violation of California’s Unfair Competition Law and Cartwright Act. Further information includes: In order to avoid competing on prices with other online e-commerce sites, Amazon requires merchants to enter into agreements that severely