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Amazon to pay nearly $4M to DC

Amazon agrees to pay D.C. $3.95 million over stolen driver tips

Amazon settled a lawsuit with D.C. over stolen tips on Friday, with the e-commerce behemoth agreeing to pay $3.95 million to the District, including $2.4 million in penalties. The ligation, filed in 2022 by then-D.

The Associated Press on MSN · 6h

Amazon to pay nearly $4M to settle lawsuit alleging it took tips from drivers

Amazon has agreed to pay nearly $4 million to settle charges that the e-commerce company subsidized its labor costs by taking tips its delivery drivers received from customers.

Yahoo · 1h

OAG: Amazon to pay $3.95M to DC in settlement over misleading customers about tips

Amazon settled a lawsuit with the Office of the Attorney General (OAG), which alleged it misled customers in the District by assuring them that 100% of tips would go to Amazon Flex delivery drivers.

Seeking Alpha on MSN · 5h

Amazon.com to pay $3.95M in settlement for lawsuit related to stealing of worker tips

E-commerce company Amazon.com (NASDAQ:AMZN) is set to pay $3.95M in settlement charges connected to a lawsuit alleging stealing of tips intended for workers. The settlement charges include $2.45M in penalties and $1.

Amazon Cuts Reference to Diversity

Geekwire on MSN · 5h

Amazon cuts workforce diversity reference from annual filing amid Trump-led backlash against DEI

Amazon scrubs references to workforce diversity in annual report while CEO Andy Jassy celebrates Black History Month with employees.

Reuters · 8h

Amazon cuts diversity reference from annual report as firms roll back DEI

Amazon.com eliminated a reference to "inclusion and diversity" in its annual report filed on Thursday, after telling employees in December that it was winding down diversity programs as part of corporate America's broader retreat from such policies.

U.S. News & World Report · 8h

Amazon Cuts Reference to Diversity From Annual Report

Amazon.com eliminated a reference to "inclusion and diversity" in its annual report filed Thursday, after it told employees in a December memo that it was winding down such programs as part of corporate America's broader retreat from such policies.

Amazon Alexa Set For Major Update

Newsweek on MSN · 9h

Amazon Alexa Set For Major Update: Here's What You Need to Know

Alexa is set to receive a reboot powered by generative artificial intelligence, which "could be risky" for Amazon.

CNET on MSN · 1d

Amazon's Alexa Set for Major AI Upgrade: Here's What to Expect

Amazon is expected to tease a major AI-powered upgrade for its voice assistant Alexa later this month, one that could change how we interact with tech at home. The company has sent out media invites for a Feb.

PCMag on MSN · 1d

Amazon Set to Finally Unveil AI-Enhanced Alexa at Feb. 26 Event

Amazon will host an event on Feb. 26 that may include the launch of a revamped Alexa the company has been teasing for more than a year. Amazon typically holds an event each fall to launch its latest Echo devices ahead of the holiday shopping season,

Amazon’s quarterly profits soar to a record $20 billion

GeekWire · 7h

Amazon’s quarterly profits soar to a record $20 billion, but cloud growth comes up short

Amazon's beat Wall Street's overall expectations with $187.8 billion in net sales, up 10%, and came in well ahead on the bottom line, with earnings of $1.86 per share, vs. expectations of $1.48 for the fourth quarter.

U.S. News & World Report · 1d

Amazon Beats Quarterly Revenue Estimates, Cloud Growth Lags

Amazon.com topped Wall Street estimates for quarterly revenue on Thursday, as strong sales over the holiday shopping season boosted its retail business, helping offset weakness in the cloud computing unit.

Reuters · 6h

Amazon dips after cloud growth disappoints investors

Amazon.com shares fell 4% on Friday after the technology heavyweight's quarterly cloud computing revenue growth disappointed investors waiting for a bigger payoff from heavy spending on AI.

Amazon set to pass Walmart in revenue for 1st time

NBC News on MSN · 1d

Amazon set to pass Walmart in revenue for first time

Walmart, which is often dubbed the world’s biggest retailer in reference to its revenue, still leads the way when it comes to annual sales.

Business Insider · 8h

Amazon (AMZN) Finally Surpasses Walmart’s Revenue

E-commerce giant Amazon (AMZN) has finally seen its revenue surpass that of retail king Walmart – 10 years after Amazon’s market cap surpassed

Fortune · 1d

Amazon is poised to dethrone Walmart in quarterly revenue for the first time ever with a bombshell $187 billion in sales

The brick-and-mortar mainstay has held the top spot in quarterly sales for more than a decade, according to analysts.

Amazon Stock Is Down Amid Doubts About Its $100 Billion AI Bet

Amazon said Thursday it plans to boost its capital expenditures to $100 billion in 2025, as it continues its AI investments.

7hon MSN

Amazon, Like Microsoft, Says It Can’t Keep Up With AI Demand

Amazon.com Inc. warned investors that it could face capacity constraints in its cloud computing division despite plans to ...

Amazon earnings recap: Stock falls as guidance falls short, CFO indicates capex of more than $100 billion in 2025

Amazon's earnings call is today at 5 pm ET. AMZN stock heads into the report up 8% YTD. Investors are focused on cloud demand ...

8hon MSN

Amazon deal of the day: Slash $50 off the first-ever Kindle with a color display

You can also save up to 61% on the Bose QuietComfort Ultra, Luna controller, Echo Buds with ANC, and Kindle Paperwhite.

14hon MSN

Amazon Pours Fuel on Big Tech Spending After DeepSeek Panic

The e-commerce giant is pulling ahead of rivals in the AI investment race with plans for more than $100 billion in capital ...

uk.investing.com on MSN1d

Amazon reports better-than-expected Q4 results, but soft revenue guidance weighs

Investing.com - Amazon.com reported softer revenue guidance for the current quarter on Thursday, offsetting fourth-quarter results that beat analysts' forecasts as the tech giant's cloud growth met ...

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Amazon to pay nearly $4M to DC

Amazon Cuts Reference to Diversity

Amazon Alexa Set For Major Update

Amazon’s quarterly profits soar to a record $20 billion

Amazon set to pass Walmart in revenue for 1st time

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