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Amazon to pay nearly $4M to DC

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

Amazon settled a lawsuit with D.C. on Friday over tips that the city attorney general’s office described as “stolen,” with the e-commerce behemoth agreeing to pay $3.95 million to the District, including $2.

U.S. News & World Report · 1d

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 · 1d

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 · 1d

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 cuts diversity reference from annual report

Forbes · 9h

GM, Pepsi, Amazon Appear To Remove Some References To DEI From Annual Reports—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.

Geekwire on MSN · 1d

Amazon cuts workforce diversity reference from annual filing amid Trump-led backlash against DEI

Amazon scrubs references to workforce diversity in annual report while CEO Andy Jassy celebrates Black History Month with employees.

U.S. News & World Report · 1d

Amazon Cuts Reference to Diversity From Annual Report as Trump Wages War on DEI

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

Amazon slips

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.

Reuters on MSN · 1d

Amazon slips as slowdown in cloud growth weighs on sales forecast

(Reuters) -Amazon shares dipped 3.3% in premarket trading on Friday after the online retailer's cloud growth fell short of expectations, prompting a subdued sales forecast for the current quarter. Amazon Web Services (AWS),

MarketWatch on MSN · 1d

Amazon’s outlook underwhelms as tech giant forecasts ‘lumpy’ cloud growth in years ahead

Amazon shares slid after the online-retail and cloud-services giant offered a first-quarter outlook that came up short of Wall Street’s expectations while forecasting bumpy trends in its cloud business.

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 ...

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.

1don MSN

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.

Amazon says German customers won't lose Amazon Prime as a result of court ruling

Amazon's video streaming services in Germany will continue as before, the U.S. technology giant said on Friday, despite a ...

21hon MSN

The mystery inside Amazon’s record profits: How much are higher seller fees boosting the bottom line?

Amazon's cloud and ad divisions are key contributors to its record profit. But the tech giant keeps the full picture murky.

2don MSN

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, ...

1don MSN

Amazon, Like Microsoft, Says It Can’t Keep Up With AI Demand

Amazon.com Inc. warned investors that it could face capacity constraints in its cloud computing division despite plans to ...

CNET on MSN2d

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

If announced, this would mark Alexa's most significant evolution since its debut in 2014. Although Amazon has long been a ...

6hon MSN

Podcast: Amazon, AI, and the cloud — a reality check, with Corey Quinn of ‘Last Week in AWS’

As cloud giants Amazon, Microsoft, and Google spend record sums to build out their capacity for artificial intelligence ...

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Amazon to pay nearly $4M to DC

Amazon cuts diversity reference from annual report

Amazon slips

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