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Amazon to pay nearly $4M to DC

Amazon agrees to pay D.C. $3.95 million over stolen driver tips

Amazon settled a lawsuit with D.C. over stolen tips on Friday, with the e-commerce behemoth agreeing to pay $3.95 million to the District, including $2.4 million in penalties. The ligation, filed in 2022 by then-D.

U.S. News & World Report · 7h

Amazon to Pay Nearly $4M to Settle Lawsuit Alleging It Took Tips From Drivers

Amazon has agreed to pay nearly $4 million to settle charges that the e-commerce company subsidized its labor costs by taking tips its delivery drivers received from customers

Yahoo · 3h

OAG: Amazon to pay $3.95M to DC in settlement over misleading customers about tips

Amazon settled a lawsuit with the Office of the Attorney General (OAG), which alleged it misled customers in the District by assuring them that 100% of tips would go to Amazon Flex delivery drivers.

Seeking Alpha on MSN · 6h

Amazon.com to pay $3.95M in settlement for lawsuit related to stealing of worker tips

E-commerce company Amazon.com (NASDAQ:AMZN) is set to pay $3.95M in settlement charges connected to a lawsuit alleging stealing of tips intended for workers. The settlement charges include $2.45M in penalties and $1.

Amazon Alexa Set For Major Update

Newsweek on MSN · 10h

Amazon Alexa Set For Major Update: Here's What You Need to Know

Alexa is set to receive a reboot powered by generative artificial intelligence, which "could be risky" for Amazon.

CNET on MSN · 1d

Amazon's Alexa Set for Major AI Upgrade: Here's What to Expect

Amazon is expected to tease a major AI-powered upgrade for its voice assistant Alexa later this month, one that could change how we interact with tech at home. The company has sent out media invites for a Feb.

PCMag on MSN · 1d

Amazon Set to Finally Unveil AI-Enhanced Alexa at Feb. 26 Event

Amazon will host an event on Feb. 26 that may include the launch of a revamped Alexa the company has been teasing for more than a year. Amazon typically holds an event each fall to launch its latest Echo devices ahead of the holiday shopping season,

Amazon’s quarterly profits soar to a record $20 billion

GeekWire · 8h

Amazon’s quarterly profits soar to a record $20 billion, but cloud growth comes up short

Amazon's beat Wall Street's overall expectations with $187.8 billion in net sales, up 10%, and came in well ahead on the bottom line, with earnings of $1.86 per share, vs. expectations of $1.48 for the fourth quarter.

The New York Times · 1d

Amazon Says Profits Rose 88% but Cautions Growth May Slow

The company’s cloud computing business showed strong growth, while a forecast for the current quarter disappointed investors.

U.S. News & World Report · 1d

Amazon Beats Quarterly Revenue Estimates, Cloud Growth Lags

Amazon.com topped Wall Street estimates for quarterly revenue on Thursday, as strong sales over the holiday shopping season boosted its retail business, helping offset weakness in the cloud computing unit.

Amazon Cuts Reference to Diversity

Forbes · 4h

Amazon Removes Diversity References From Annual Report—Here Are All The Companies Rolling Back DEI

Following Trump's lead, organizations including Walmart, Lowe’s and Meta have announced they would scale back their commitments to diversity, equity and inclusion programs.

Reuters · 10h

Amazon cuts diversity reference from annual report as firms roll back DEI

Amazon.com eliminated a reference to "inclusion and diversity" in its annual report filed on Thursday, after telling employees in December that it was winding down diversity programs as part of corporate America's broader retreat from such policies.

U.S. News & World Report · 9h

Amazon Cuts Reference to Diversity From Annual Report

Amazon.com eliminated a reference to "inclusion and diversity" in its annual report filed Thursday, after it told employees in a December memo that it was winding down such programs as part of corporate America's broader retreat from such policies.

Amazon Reports Strong Earnings for Q4

The Associated Press on MSN · 1d

Amazon reports strong earnings for Q4, but stocks dip due to guidance for the 1st quarter

The Seattle-based e-commerce and technology company said its revenue for the October-December period totaled $187.8 billion, a 10% jump compared to the same period in 2023. Profits came out to $20 billion while earnings per share reached $1.86, higher than the $1.49 that analysts surveyed by FactSet had anticipated.

The Motley Fool on MSN · 17h

Is Amazon still a top growth stock after its Q4 report?

With sales growth slowing and AI investments weighing on near-term profits, do investors have better stocks to consider buying than Amazon? The post Is Amazon still a top growth stock after its Q4 report?

uk.investing.com on MSN · 1d

Amazon reports better-than-expected Q4 results, but soft revenue guidance weighs

Investing.com - Amazon.com reported softer revenue guidance for the current quarter on Thursday, offsetting fourth-quarter results that beat analysts' forecasts as the tech giant's cloud growth met expectations and growth in North America improved.

Amazon Stock Is Down Amid Doubts About Its $100 Billion AI Bet

Amazon said Thursday it plans to boost its capital expenditures to $100 billion in 2025, as it continues its AI investments.

Amazon earnings recap: Stock falls as guidance falls short, CFO indicates capex of more than $100 billion in 2025

Amazon's earnings call is today at 5 pm ET. AMZN stock heads into the report up 8% YTD. Investors are focused on cloud demand ...

9hon MSN

Amazon deal of the day: Slash $50 off the first-ever Kindle with a color display

You can also save up to 61% on the Bose QuietComfort Ultra, Luna controller, Echo Buds with ANC, and Kindle Paperwhite.

15hon MSN

Amazon Pours Fuel on Big Tech Spending After DeepSeek Panic

The e-commerce giant is pulling ahead of rivals in the AI investment race with plans for more than $100 billion in capital ...

5hon MSN

Amazon shares fall on struggle to keep up with AI demand despite plans for $100B in capital spending

Amazon shares dropped 4% on Friday after CEO Andy Jassy warned the company could face capacity constraints in its cloud ...

Amazon (AMZN) Finally Surpasses Walmart’s Revenue

E-commerce giant Amazon (AMZN) has finally seen its revenue surpass that of retail king Walmart – 10 years after Amazon’s market cap surpassed ...

15hon MSN

Amazon Earnings: Shares Fall After Sales Outlook Is Weaker Than Expected

The company plans to allocate a record amount to capital expenditures to build artificial-intelligence infrastructure.

Amazon is poised to dethrone Walmart in quarterly revenue for the first time ever with a bombshell $187 billion in sales

The brick-and-mortar mainstay has held the top spot in quarterly sales for more than a decade, according to analysts.

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Amazon to pay nearly $4M to DC

Amazon Alexa Set For Major Update

Amazon’s quarterly profits soar to a record $20 billion

Amazon Cuts Reference to Diversity

Amazon Reports Strong Earnings for Q4

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