Amazon

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Bernie Sanders Launches Investigation Into Amazon

Senator is probing working conditions at the e-commerce giant

(Newser) - Bernie Sanders announced Tuesday that the Senate committee he chairs has launched a probe into working conditions at Amazon's warehouses. The senator said the Senate Health, Education, Labor and Pensions Committee, or HELP, will be looking into why Amazon is "one of the most dangerous places" to work...

40 Days After Crash, a Stunning Find: 'The Jungle Saved Them'

4 Indigenous children, one a baby, survived in the Amazon on their own after plane went down

(Newser) - Four Indigenous children survived an Amazon plane crash that killed three adults and then wandered on their own in the jungle for 40 days before being found alive by Colombian soldiers. The announcement of their rescue on Friday brought a happy ending to a saga that had captivated many Colombians,...

Amazon Plans Ad Tier for Prime Video

Sources say discussions are in early stages

(Newser) - Netflix got one, Disney+ got one, and now it looks like it's Prime Video's turn. Amazon is reportedly planning an ad-supported tier of its streaming service. Sources tell the Wall Street Journal discussions are in the early stages and could still be set aside. But advertisers are definitely...

These Companies Just Made Fortune 500's Top 10

Walmart takes top spot in annual ranking of largest US firms

(Newser) - Fortune has released its annual Fortune 500 rankings, its 69th version of the list of the country's largest corporations, based on revenue for 2022's fiscal year. Per a release , a company had to bring in $7.2 billion to be included, a jump of 13% from last...

Amazon Fined $25M in Child Privacy Case

Company also has to pay refunds over Ring privacy issues

(Newser) - Amazon agreed Wednesday to pay a $25 million civil penalty to settle Federal Trade Commission allegations it violated a child privacy law and deceived parents by keeping for years kids' voice and location data recorded by its popular Alexa voice assistant. Separately, the company agreed to pay $5.8 million...

Ordering at Panera? Put Up Your Palm

Critics say chain's plan to use biometrics payment system could lead to privacy issues

(Newser) - Soon, paying at Panera Bread will be as easy as holding up your hand. That's because the bakery-cafe chain will be rolling out a palm-reading payment system over the next few months, expediting transactions but raising concerns among privacy advocates. NPR reports that the biometrics technology it plans on...

Amazon Driver Walked Right Through a Police Standoff

Viral video shows driver walking right by cops to make a delivery

(Newser) - One Amazon delivery driver was apparently so hellbent on doing his job that he walked through a police standoff in North Carolina, reports the Guardian . The scene unfolded in Cary, North Carolina, when the driver showed up last month and strode past several police cars and cops to make his...

Amazon Rebuffs Pleas From 30K Workers to Stay Remote

HR chief says that, despite petition, return-to-office plan will continue as planned, starting May 1

(Newser) - Last month, Amazon CEO Andy Jassy shared a letter with staff announcing the company's intent to bring all employees back into the office at least three days a week, starting May 1. Many workers weren't happy about that—at least 30,000 of them (10% of Amazon's...

Amazon Announces Thousands More Layoffs

9K jobs will be cut, bringing 2023 total to 27K

(Newser) - Amazon plans to eliminate 9,000 more jobs in the next few weeks, CEO Andy Jassy said in a memo to staff on Monday. The job cuts would mark the second largest round of layoffs in the company's history, adding to the 18,000 employees the tech giant said...

Amazon Taps Brakes on Second Headquarters

First phase of Northern Virginia site is nearly done, but second phase is now on hold

(Newser) - Already instituting layoffs and other cutbacks, Amazon has decided to pause construction on a complex billed as the company's second headquarters in northern Virginia. Work had been scheduled to start in this quarter on the second, larger phase of the project; the company did not announce a new date,...

Amazon Puts Brakes on Its Charity Program

Program didn't have enough 'impact,' despite $500M in donations since 2013

(Newser) - Amazon is ending its charity donation program, AmazonSmile, as it seeks to cut costs. Through the program, Amazon donated 0.5% of the cost of eligible purchases to a charity chosen by the shopper, per the Verge . The company says it has donated some $500 million to charities since the...

Amazon Confirms Plan to Cut 18K Jobs

That's up from the 10K earlier announced

(Newser) - Amazon has confirmed that it is planning to lay off more than 18,000 workers—the most of any large tech company, though not as a percentage of employees. After the Wall Street Journal reported on the layoffs Wednesday, Amazon CEO Andy Jassy issued a statement . "We typically wait...

Amazon Driver Accused of Dog-Napping

Dena Vindiola says it was an honest misunderstanding, but trial is set in California

(Newser) - An Amazon delivery driver in California is in legal trouble for an unusual reason—she's accused of stealing a customer's dog. Dena Vindiola says it was all an honest misunderstanding, reports NBC San Diego , but a judge in Encinitas has a scheduled a trial next month. The saga...

Pentagon Splits Up Disputed Cloud Contract

Amazon, Google, Microsoft, and Oracle will each have a piece of potential $9B deal

(Newser) - The Pentagon announced Wednesday that it has resolved the long-running battle among tech giants for its cloud computing contract by giving everybody a piece of the pie. Google, Oracle, Microsoft, and Amazon each won part of the deal that could total $9 billion by the time the Joint Warfighting Cloud...

Report Details 'Enormous, Virtually Irreversible' Loss in Amazon

Region has lost 10% of its native vegetation since 1985, an area the size of Texas, per Raisg

(Newser) - The Amazon region has lost 10% of its native vegetation, mostly tropical rainforest, in almost four decades, an area roughly the size of Texas, a new report says. From 1985 to 2021, the deforested area surged from 190,000 square miles to 482,000 square miles, unprecedented destruction in the...

Amazon Is Preparing a Major Round of Layoffs
Amazon's Mass Layoffs
Will Extend Into Next Year
UPDATED

Amazon's Mass Layoffs Will Extend Into Next Year

Company's workforce has doubled to 1.5M since 2019

(Newser) - Amazon's mass layoffs did indeed begin this week, CNN reports, and the company's CEO sent a note to employees Thursday saying they will extend into next year. "I’ve been in this role now for about a year and a half, and without a doubt, this is...

Amazon Is First Company to Lose $1T in Market Value

Share price has fallen almost 50% this year

(Newser) - Just over four years ago, Amazon became the second US company to reach a $1 trillion valuation, weeks after Apple hit the same milestone. The e-commerce giant has now reached a more unwelcome milestone, becoming the first company in the world to lose $1 trillion in value, Bloomberg reports. Amazon'...

Amazon Opens Music Catalog to Prime Members

Members will get access to 100M songs for free, at least on shuffle mode

(Newser) - Amazon Music is gearing up for a massive content expansion: The streaming giant will offer a full catalog of music with more than 100 million songs for Prime members. The streaming service told the AP that members will gain hundreds of millions of songs—a huge increase from 2 million—...

Jeff Bezos Could Lose $23B Today
Jeff Bezos
Could Lose
$23B Today

Jeff Bezos Could Lose $23B Today

If Amazon stock plunge carries into Friday's trading

(Newser) - Amazon is the latest tech giant to report disappointing third-quarter earnings , with its Q3 results missing revenue estimates, per CNBC . The sales forecast for Q4 also fell short of analysts' expectations. After the report, Amazon stock plunged as much as 21% in after-hours trading after market close Thursday, Bloomberg reports....

Cops Make Horrific Find After Amazon Van Left Running

Driver was killed in suspected dog attack

(Newser) - Police in Excelsior Springs, Missouri, say they found a horrific scene Monday evening after neighbors reported that an Amazon delivery van had been parked outside a home for several hours with its engine running. Ray County Sheriff Scott Childers says deputies found a man's body in the yard along...

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