Amazon’s revenue soared in the recent quarter, boosted by demand from AWS customers. But some investors worried about the company’s plan for $200 billion in capital expenditures. Over time, AWS has ...
Tech giant reports $213bn in revenue after its founder, who owns the Post, lays off a third of newspaper’s employees Amazon announced plans to spend $200bn on artificial intelligence and robotics this ...
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 ...
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Amazon is shutting down all 72 of its Amazon-branded grocery stores, including Amazon Fresh and Amazon Go. According to the company, it will convert some of those locations into Whole Foods ...
Amazon Fresh stores are coming to an end after struggling with profitability for years. Amazon is closing all of its Amazon Fresh brick-and-mortar grocery stores, including the two on Long Island, and ...