How Much Do Amazon, Google, Microsoft Spend And Earn From AI? by Laurie Sullivan , Staff Writer @lauriesullivan, January 29, 2024 With earnings seasons getting underway, analysts are pushing to give investors more information on the amount tech companies deeply intrenched in AI spend, and how much each company individually earns. Google’s parent company Alphabet, Amazon, … Continue reading How Much Do Amazon Google, Microsoft Spend And Earn From AI?
The FTC is investigating Microsoft, Amazon and Alphabet’s investments into AI startups The companies have 45 days to respond to the agency. Pranav Dixit Updated Fri, Jan 26, 2024 The FTC is investigating Microsoft, Amazon and Alphabet’s investments into AI startups The Federal Trade Commission is launching an inquiry into massive investments made by … Continue reading The FTC is investigating Microsoft, Amazon and Alphabet’s investments into AI startups
By Associated Press and Bobbie Gossage January 10, 2024 Twitch, the video game streaming platform acquired by Amazon a decade ago for close to $1 billion, is laying off more than 500 employees as the company tries to turn the tremendously expensive division profitable. Twitch CEO Dan Clancy in an email to employees said that even … Continue reading Tech layoffs: Amazon lays off hundreds from Twitch and Prime Video
Amazon, Microsoft Struggle With AI Inaccuracies by Laurie Sullivan , Staff Writer @lauriesullivan, December 19, 2023 Amazon and Microsoft have been backed against a brick wall. The companies are facing a backlash over whether generative artificial intelligence (GAI) is mature enough to take on certain complicated tasks and provide accurate answers. With Amazon, the focus is … Continue reading Amazon, Microsoft Struggle With AI Inaccuracies
Amazon eyes investment in Diamond Sports Group amid streaming expansion Maxwell William / Last Updated: Dec 18, 2023 Amazon is reportedly in advanced talks to invest in Diamond Sports Group, a leading regional sports programmer, marking a significant stride in the tech giant’s foray into sports content. This strategic move, according to Wall Street … Continue reading Amazon eyes investment in Diamond Sports Group amid streaming expansion
Amazon asks court to dismiss FTC lawsuit that accuses it of ‘monopolistic practices’ The FTC and 17 state attorneys general filed the antitrust complaint against Amazon in September. Cheyenne MacDonald Sun, Dec 10, 2023 Mike Segar / reuters Amazon filed a motion on Friday in the Western Washington district court asking a judge to … Continue reading Amazon asks court to dismiss FTC lawsuit that accuses it of ‘monopolistic practices’
Tragic accident spurs Amazon safety reevaluation Deanna Ritchie / Last Updated: Nov 29, 2023 A devastating event unfolded in May at an Amazon distribution center in Fort Wayne, Indiana. The incident led to the death of 20-year-old employee Caes Gruesbeck, who was tragically caught in the machinery while trying to clear a blockage on … Continue reading Tragic accident spurs Amazon safety reevaluation
Amazon surpasses UPS and FedEx as largest delivery company Deanna Ritchie / Last Updated: Nov 29, 2023 Amazon has now officially become the Largest Delivery Company in the United States, surpassing both UPS and FedEx regarding package volume. The Seattle-based e-commerce behemoth delivered more parcels to U.S. households in 2022 than UPS, having outpaced … Continue reading Amazon surpasses UPS and FedEx as largest delivery company
By Michael Grothaus November 28, 2023 Update Tuesday, November 28: November has shaped up to be a particularly rough month for tech companies, as layoffs have continued through its final few days. On Monday, it was reported that TikTok parent company ByteDance will lay off hundreds of employees as it winds down its failed … Continue reading Tech and media layoffs November update: Job cuts keep coming at ByteDance, Vice, Amazon, Faire
Amazon, TikTok, Spotify High On List Of Mobile Data-Sharing Apps by Laurie Sullivan , Staff Writer @lauriesullivan, November 24, 2023 Mobile web traffic and apps are playing a major role in shopping this holiday weekend. A Microsoft consulting firm has released the names of the apps that are sharing the most consumer data to third parties. … Continue reading Amazon, TikTok, Spotify High On List Of Mobile Data-Sharing Apps
