AWS

Amazon To Invest €1.2bn in France, Create 3,000 Jobs

Amazon plans to invest more than €1.2 billion in its French operations and create more than 3,000 permanent jobs in the country.

Over A Third Of EU Firms Adopt AI, Bringing Digital Goals In Reach

More than a third of European businesses adopted artificial intelligence in 2023 as use of generative AI surged, a report commissioned by Amazon Web Servic...

Amazon Q4 Sales Beats Estimates On Cloud And E-commerce Strength

Amazon.com beat fourth-quarter revenue expectations on robust growth in its cloud business and online spending during the critical holiday shopping se...

Amazon's Outlook Disappoints As Customer Budgets Stay Tight

Amazon.com Inc said its operating profit could fall to zero in the current quarter as savings from layoffs do not make up for the financial impact of consu...

Is Amazon's Job Cuts Announcement A Nail In The Coffin For Amazon Fresh?

This week's announcement by Amazon that it was to shed its workforce by more than 18,000 – its biggest ever job cut – caused no short...

Amazon Sees Resilient Consumer Demand, Expects Third-Quarter Sales Gain

Amazon.com has said that it expects a jump in third-quarter revenue, as the retailer collects bigger fees from Prime loyalty subscriptions and as consumer...

Amazon Results And Outlook Fall Short As Warehouse, Fuel Costs Soar

Amazon.com has delivered a disappointing quarter and outlook, with the e-commerce giant swamped by higher costs to run its warehouses and deliver packages...

Amazon Posts Record Profits As Shoppers Move Increasingly Online

Amazon.com has posted record profits, indicating that converts to online shopping during the pandemic, particularly for groceries, are not likely to leave....