Amazon

The violent rotation from Big Tech plunged the Nasdaq 100 Index into correction territory, wiping out more than $2 trillion in value in just over three weeks, as traders unwound bets that had been minting money for over a year. The index…
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One of our planet's most vital defences against global warming is itself being ravaged by climate change. It was the main driver of the Amazon rainforest's worst drought in at least half a century, according to a new study. Often…
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Over 100 dolphins have been found dead in the Brazilian Amazon over the past seven days due to historic drought and increasing water temperatures, noting 102 degrees Fahrenheit, reported CNN. According to the Mamiraua Institute, a research…
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The US Federal Trade Commission sued Amazon.com Inc. Wednesday, alleging the e-commerce giant duped consumers into signing up for its Prime membership service and deliberately made it hard to cancel. The consumer protection agency filed a…
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Colombian President Gustavo Pedro on Saturday said four children who survived a plane crash last month have been found alive in the country's Amazon rainforest after five weeks of an intense search operation. “A joy for the whole country!…
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Amazon CEO Andy Jassy expressed his confidence that the recent cost-cutting efforts taken by the tech giant will ensure its growth after it had faced challenging periods in the past. In a letter to the shareholders, Jassy said the…
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Amazon.com Inc. is laying off more than 18,000 employees — a significantly bigger number than previously planned — in the latest sign that a technology slump is deepening. Chief Executive Officer Andy Jassy announced the move in a memo to…
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The labour ministry will set up an inquiry to find out whether the recent spate of resignations at Amazon India constituted layoffs that violate labour laws or terms of service, according to people aware of the development. The ministry…
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Amazon has begun the process of cutting jobs across the company this week, US media reports said on Wednesday. "After a deep set of reviews, we recently decided to consolidate some teams and programs. One of the consequences of these…
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Amazon is planning to lay off thousands of employees and implement cost-cutting measures as the last few quarters haven't been profitable, according to reports. The company could fire as many as 10,000 employees starting as soon as this…
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