Forbes contributors publish independent expert analyses and insights. Pam Danziger reports on retail, focused on the luxury consumer market. Amazon is calling it quits on its Fresh grocery and Amazon ...

Amazon sent a notice out to staffers in an apparent error acknowledging "organizational changes" in its cloud unit, according to an email viewed by CNBC. The company ...

Big Tech continues to wrestle with mass layoffs, most recently with Amazon’s announcement to slash 16,000 jobs. It’s a trend that started long before the AI race: organizational change brought by the ...

Amazon earnings are in, and it's not looking good for the stock. Investors were focused on the company's capex-spending forecast of $200 billion for the year, which came in well above the average ...

Big Tech companies have seen more than $1 trillion wiped from their stocks, with Amazon leading the pack in losses, according to FactSet data. Fears over AI spending sparked the sell-off. Microsoft, ...

Sometimes, it can seem like the AI industry is racing to see who can spend the most money on data centers. Whoever builds the most data centers will have the most compute, the thinking goes, and thus ...

The rivals made billions of dollars in the business over the past year, showing other companies that Nvidia isn’t the only game in town. Google’s chips for artificial intelligence are increasingly ...

Revenue: $213.4 billion, up 12% year over year, excluding foreign exchange impact. Operating Income: $25 billion, including special charges reducing income by $2.4 billion. Free Cash Flow: $11.2 ...

Amazon layoffs part of broader tech industry restructuring Layoffs affect nearly 10% of Amazon's corporate workforce Amazon mistakenly sent email early, unsettling AWS staff Jan 28 (Reuters) - Amazon ...

The German competition authority hit Amazon with a €59 million fine on Thursday after finding the e-commerce giant’s pricing rules for third-party vendors to be in breach of national and EU ...

The company reported a strong holiday quarter on Thursday. But its spending, like that at other big technology companies, is starting to make investors nervous. By Karen Weise Karen Weise has covered ...