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A flood advisory in effect for Dade County

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WEATHER ALERT

A flood advisory in effect for Dade County

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ANDREW JASSY


2 days ago

CEO pay rose 17% in 2021 as profits soared; workers trailed

Pay for CEOs who run the biggest U.S. companies soared 17.1% last year, up to a median of $14.5 million.

3 days ago

Amazon shareholders nix warehouse working conditions audit

Amazon shareholders have voted against a proposal calling for an independent audit of working conditions at the company’s warehouses.

Amazon to sublease warehouses as online shopping slows

Amazon is planning to sublease some of its warehouse space because the pandemic-fueled surge in online shopping has slowed.

Amazon union could face a tough road ahead after victory

In the aftermath of their hard-won labor victory, Amazon workers in the New York City borough of Staten Island popped Champagne, cheered their victory and danced in celebration.

Amazon CEO Jassy says he wants to improve warehouse safety

In his first letter to Amazon shareholders, CEO Andy Jassy offered a defense of the wages and benefits the company gives its warehouse workers while also vowing to improve injury rates inside the facilities.

Did Amazon violate federal laws? Lawmakers ask for DOJ probe

Lawmakers have made good on their threat to seek a criminal investigation of Amazon, asking the Justice Department to investigate whether Amazon and its senior executives obstructed Congress or violated other laws in testimony on its competition practices.

EXPLAINER: What caused Amazon's outage? Will there be more?

Robotic vacuum cleaners wouldn't start.

Explainer: What caused Amazon's outage? Will there be more?

Robotic vacuum cleaners halted in their tracks.

House committee seeks more info from Amazon, issues warning

U.S. House lawmakers are threatening to seek a criminal investigation of Amazon, saying the tech giant has one “final chance” to correct previous testimony by executives on its competition practices.

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Amazon to allow employees to work remotely indefinitely

Amazon says it will allow many tech and corporate workers to continue working remotely indefinitely as long as they can to commute to the office when necessary.

Tech companies pledge billions in cybersecurity investments

Some of the country’s leading technology companies have committed to investing billions of dollars to strengthen cybersecurity defenses and to train skilled workers.

Amazon's sales growth slows as pandemic shopping surge eases

The world’s return to almost normalcy is slowing down Amazon’s pandemic-induced sales surge.

Amazon begins new chapter as Bezos hands over CEO role

Amazon founder Jeff Bezos has officially stepped down as CEO of the company he started out of his Seattle garage in 1995.

Jeff Bezos says will pass baton to new Amazon CEO on July 5

Amazon founder Jeff Bezos has picked a date to step down as CEO.

AI panel urges US to boost tech skills amid China's rise

“To win in AI we need more money, more talent, stronger leadership,” Schmidt said Monday. It also calls for “wise restraints” on the use of AI tools such as facial recognition that can be used for mass surveillance. It’s still awaiting confirmation of a new director for the White House Office of Science and Technology Policy, which Biden has elevated to a Cabinet-level position. AdIt's been led by Schmidt, who was Google's CEO and later the executive chairman of its parent company Alphabet. AdThe commission asked Congress to make new laws requiring federal agencies to conduct human rights assessments of new AI systems used on Americans.

NHL takes big stride on data and analytics with AWS deal

(AP Photo/Jeff Roberson)The NHL is taking another step forward in data, analytics, and puck and player tracking. The league has reached an agreement with Amazon Web Services to put all its video and data on the cloud. AdNHL Commissioner Gary Bettman and Amazon Web Services CEO Andy Jassy unveiled the deal on NBC Sports Network late Wednesday. Later this season, fans looking up stats on the NHL's website will get corresponding video clips and vice versa. “It kind of melts your mind with the number of opportunities that are sitting in front of us.”___More AP NHL: https://apnews.com/hub/NHL and https://twitter.com/AP_Sports

Who is Andy Jassy, the longtime Amazon executive set to become its new CEO?

Andy Jassy, the incoming CEO of Amazon, is well known to Wall Street. Here's what you need to know about the Harvard Business School grad and what his elevation means for Amazon. Andrew Jassy, CEO of web services for Amazon.com, speaks at a conference in Houston, Texas, on March 11, 2019. F. Carter Smith/Bloomberg via Getty ImagesHe's a company manJassy has been at Amazon almost as long as founder Jeff Bezos. He'll have to defend Amazon's controversial decisionsAs head of AWS, Jassy hasn't escaped allegations of monopolistic behavior that have long dogged Amazon.

cbsnews.com

Who is Andy Jassy, the longtime Amazon executive set to become its new CEO?

Andy Jassy, the incoming CEO of Amazon, is well known to Wall Street. Here's what you need to know about the Harvard Business School grad and what his elevation means for Amazon. Andrew Jassy, CEO of web services for Amazon.com, speaks at a conference in Houston, Texas, on March 11, 2019. F. Carter Smith/Bloomberg via Getty ImagesHe's a company manJassy has been at Amazon almost as long as founder Jeff Bezos. He'll have to defend Amazon's controversial decisionsAs head of AWS, Jassy hasn't escaped allegations of monopolistic behavior that have long dogged Amazon.

cbsnews.com

AWS tops $10 billion in quarterly revenue for the first time

Amazon's market-leading cloud business crossed $10 billion in revenue for the first time in the first quarter. At $10.22 billion, Amazon Web Services revenue grew 33% on an annualized basis, the company said in a statement on Thursday. 2 cloud infrastructure provider, doesn't disclose revenue, although it said on Wednesday that revenue from the Azure cloud grew 59% in the quarter. Operating income from AWS totaled $3.08 billion, which was up 38% and above the $2.96 billion FactSet consensus estimate. AWS came close to the $10 billion mark in the fourth quarter, when it delivered $9.95 billion in revenue.

cnbc.com
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