Amazon has rolled out Alexa+, the new version of its voice assistant, to more than 100,000 users so far, Amazon CEO Andy Jassy said Thursday (May 1) during the company’s quarterly earnings call. Alexa+ will be made available to more users in the coming months, Jassy said. It is...
Most earnings announcements and ensuing analyst calls are spent discussing all the money — or lack of it — the host company made during the previous quarter. Not so at Amazon on Thursday (May 1). It spent most of its first-quarter earnings call talking less...
Amazon’s third-party sellers are likely to try to pass the cost of tariffs on to consumers, Amazon CEO Andy Jassy said Thursday (April 10). Interviewed on CNBC, which shared the video on its website, Jassy said sellers may not have the margin to absorb the...
Amazon continues its push into artificial intelligence (AI) and robotics, signaling a shift in its retail and technology business strategies. CEO Andy Jassy described AI Thursday (Feb. 6) as “the biggest opportunity since cloud and probably the biggest technology shift and opportunity in business since...
May 01, 2025
Most earnings announcements and ensuing analyst calls are spent discussing all the money — or lack of it — the host company made during the previous quarter. Not so at Amazon on Thursday (May 1). It spent most of its first-quarter earnings call talking less about the dollars it made and more about how it […]
February 06, 2025
Amazon continues its push into artificial intelligence (AI) and robotics, signaling a shift in its retail and technology business strategies. CEO Andy Jassy described AI Thursday (Feb. 6) as “the...
August 09, 2024
As retail giants Amazon and Walmart compete to be consumers’ go-to for more of their day-to-day needs, the two companies are looking to delivery times as a key factor influencing...
August 01, 2024
While Wall Street didn’t like what it saw or heard from Amazon’s Q2 earnings, from a consumer spending standpoint there was a lot to like. For now. Across all operating...
May 14, 2025
Amazon reportedly cut about 100 jobs in its devices and services unit, saying it did so as part of a regular business review. The layoffs amount to a small portion of the unit’s total workforce, Reuters reported Wednesday (May 14), citing a company spokesperson. “As part of our ongoing work to make our teams and […]
May 02, 2025
Amazon has rolled out Alexa+, the new version of its voice assistant, to more than 100,000 users so far, Amazon CEO Andy Jassy said Thursday (May 1) during the company’s quarterly earnings call. Alexa+...
April 10, 2025
Amazon’s third-party sellers are likely to try to pass the cost of tariffs on to consumers, Amazon CEO Andy Jassy said Thursday (April 10). Interviewed on CNBC, which shared the...
February 05, 2025
Amazon’s efforts to restructure its workforce have reportedly left staffers with fewer opportunities to move up the corporate ladder. These concerns result from Amazon CEO Andy Jassy’s plan to reduce...