Moneycontrol PRO
HomeNewsAmazon

Amazon

Jump to
  • Amazon seeks $12 billion from first US bond sale since 2022

    The power capacity of Amazon’s data center fleet has doubled since 2022, and Chief Executive Officer Andy Jassy has said he expects it to double again by 2027.

  • Jeff Bezos to co-lead AI startup in first operational role since Amazon: Report

    This is the first time Bezos has taken a formal operational role in a company since he stepped down as the CEO of Amazon in July 2021.

  • Amazon to take on Starlink with Amazon Leo: 5 key things to know

    Amazon Leo, formerly Project Kuiper, is Amazon’s global satellite internet system designed to bring fast, reliable connectivity to remote and underserved areas. With over 3,000 low Earth orbit satellites planned and speeds up to 1 Gbps, the service will roll out to enterprise users in 2025 and the public in 2026.

  • Amazon unveils Fastnet, a high-capacity subsea cable that can handle 12.5 million HD streams at once

    Amazon’s Fastnet subsea cable will connect the U.S. and Ireland with over 320 Tbps capacity, enabling data throughput equivalent to 12.5 million HD video streams at once, and is expected to go live by 2028.

  • Perplexity accuses Amazon of “bullying” as its AI browser faces legal threat

    Amazon has told Perplexity to stop letting its AI-powered browser make purchases on the e-commerce giant’s site — and Perplexity isn’t taking it quietly.

  • Amazon inks $38 billion deal with OpenAI for Nvidia chips

    Amazon shares jumped about 6% in early trading on Monday. Nvidia rose as much as 3%.

  • Bengaluru man orders Samsung Galaxy Z Fold 7 worth Rs 1.87 lakh from Amazon, gets tile instead

    A Bengaluru software engineer was shocked after receiving a tile instead of the Rs 1.87 lakh Samsung Galaxy Z Fold 7 he ordered from Amazon. The victim has filed a police complaint, and Amazon has refunded the amount as investigations continue.

  • Amazon CEO Andy Jassy finally reveals the reason behind laying off 14,000 employees

    Amazon CEO Andy Jassy says the company’s latest 14,000 job cuts were driven by a push to rebuild company culture and move faster, not because of financial pressure or AI hype.

  • Amazon shares soar 14% as cloud growth beats expectations

    The online retailer benefited as businesses continue to spend relentlessly on artificial intelligence software development

  • Some Amazon workers found out they were fired after early-morning text messages: Report

    Amazon issued the pink slips before the employees reached their offices, a report by the Business Insider said

  • Amazon to cut about 14,000 corporate jobs

    Amazon has been restructuring its workforce across multiple divisions in recent months, with piecemeal job cuts across its books, devices and services unit, as well as its Wondery podcast division

  • Amazon surpasses $20 billion in exports from India ahead of 2025 goal; targets $80 billion by 2030

    Indian exports through Amazon have surged across key categories — led by health and personal care (45 percent), beauty (45 percent) and toys (44 percent)

  • IIT graduate gets job at Amazon, father's one-word reply wins internet

    The techie's post quickly gained traction, with users across platforms finding the moment both relatable and reflective of a broader cultural theme: understated parental pride.

  • Jeff Bezos says his 10 years' work experience improved chances of Amazon's success

    While some entrepreneurs have built billion-dollar startups without formal education or work experience, Jeff Bezos called them 'the exception'.

  • Amazon is testing AI-powered smart glasses to help delivery drivers work hands-free

    Amazon is testing AI-based smart glasses to enhance delivery efficiency, offering features like hands-free navigation, hazard detection, and parcel tracking, alongside new warehouse robots and AI tools.

  • Amazon layoffs ahead? Company plans to replace 600,000 jobs with robots by 2027

    Amazon plans to replace up to 600,000 U.S. jobs with robots by 2027, raising concerns about layoffs and the future of warehouse work.

  • How Vidit Aatrey, Meesho’s marathon man, turned pivots and discipline into an IPO-ready company 

    From WhatsApp boutiques to a billion orders, Vidit Aatrey’s Meesho cracked India’s value-conscious market. It will be the first major horizontal e-commerce platform to go public in India. 

  • Amazon plans to replace more than 500,000 jobs with robots by 2033

    Amazon plans to replace more than 500,000 jobs with robots in its U.S. warehouses over the next decade. The move aims to cut costs, increase efficiency, and create new technical roles, but it also raises concerns about the future of traditional warehouse jobs.

  • IPO-bound Meesho in Rs 127-crore arbitration dispute with AWS over unpaid cloud bills

    Amazon Web Services has accused Meesho of non-payment and breach of contractual commitments. The e-commerce firm has hit back with a Rs 86-crore counterclaim alleging inadequate service and support

  • 5 biggest winners from Amazon’s Great Indian Festival 2025: MacBook Air, QLED TVs, and more

    Amazon’s Great Indian Festival 2025 wasn’t just another sale — it was a snapshot of how India shops and what the country is upgrading to. With over 276 crore customer visits, this year’s edition broke all records, and a few clear winners emerged across tech categories.

  • Amazon layoffs 2025: The e-commerce platform cuts 15% jobs in this department

    Amazon is reportedly planning to cut up to 15% of its HR staff as part of a new cost-cutting drive. The layoffs come as the company invests heavily in AI and data centers, even as it hires 250,000 seasonal warehouse workers ahead of the holidays.

  • ED offers Flipkart to close FEMA violation case by paying penalty, admitting mistake

    The option was given by the Enforcement Directorate to Flipkart last week under the compounding rules of FEMA

  • CEO reveals how Jeff Bezos convinced him to quit Microsoft for 'tiny' Amazon in the 90s

    David Risher, now CEO of Lyft, recalled that Bill Gates had the tried to talk him out of quitting Microsoft for Amazon. Gates reportedly called it the 'stupidest decision' he ever saw anybody make.

  • Amazon, Flipkart pass on over Rs 300 crore in GST rate cut benefits during festive sales

    Flipkart & Amazon have taken several communication and tech enhancement measures to ensure that the GST reductions are passed on to customers.

  • Small towns power festive electronics boom; Apple, Samsung lead smartphone charge: Amazon India

    Categories that benefitted from recent GST cuts — televisions, air-conditioners, and dishwashers — have posted outsized gains, underscoring the twin drivers of premiumisation and tax-led affordability

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347