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Thursday Tech Earnings Talk
With Meta Platforms getting a post-close lift after reporting user growth after the bell, all eyes are on Apple and Amazon as they're prepared to report earnings after the bell Thursday. Angelo Zino, Senior Research Analyst at CFRA Research joins Bloomberg's…
amzn - Bloomberg3:05pm PDT - April 28th, 2022
'Big Short' investor Michael Burry warns even the best growth stocks can crash — and the Fed might not intervene
Burry gave the example of Amazon stock, which plunged more than 90% after the dot-com bubble burst, and warned inflation could constrain the Fed.
amzn - Business Insider5:50am PDT - April 22nd, 2022
Parents of worker killed in tornado that hit Amazon facility are suing the company for wrongful death
The parents of Austin McEwen, one of the six victims killed after a tornado pummeled an Amazon warehouse in Edwardsville, Illinois, last month, said Monday during a press conference that they are suing Amazon over the alleged wrongful death of their son.
amzn - CNN1:25pm PST - January 17th, 2022
Salespeople from Amazon Web Services are 'discontent' and ready to be poached by Google Cloud, a partner tells UBS analysts (AMZN)
Summary List PlacementThere's a war for cloud sales talent between Amazon, Microsoft, and Google and the Amazon Web Services sales team could be particularly ripe for poaching, according to a UBS analyst report on cloud infrastructure published earlier this m…
amzn - Business Insider3:35pm PDT - July 28th, 2021
Meet the 11 most important execs who left Amazon Web Services in 2021 and 4 new power players who've joined (AMZN)
Summary List Placement Amazon Web Services, Amazon's $54 billion-a-year cloud computing unit, is big and growing — regularly adding new customers, expanding its business, and hiring more employees in the growing cloud talent war. The biggest new addition, o…
amzn - Business Insider12:29pm PDT - July 27th, 2021
Exclusive: Amazon's companywide deal to use Workday's HR software ended after about 3 years (WDAY, AMZN)
Summary List PlacementAmazon halted a plan to roll out Workday's human-resources software across the e-commerce company last year, roughly three years after announcing the partnership, according to people familiar with the matter. The failure follows years of…
amzn - Business Insider6:35am PDT - July 27th, 2021
Experts say this is the nightmare scenario for Amazon Web Services (AMZN)
Summary List PlacementCloud-computing giant Amazon Web Services exited the pandemic even stronger than before as companies rushed to adopt its technologies and prepare for a virtual future. Indeed, Amazon's cloud unit is at the top of its game right now: It'…
amzn - Business Insider8:01am PDT - July 25th, 2021
Cloudflare CEO Matthew Prince blasts Amazon Web Services, saying its high cloud prices hurt competition: 'So much for being customer-first' (NET, AMZN)
Summary List PlacementCloudflare CEO Matthew Prince took aim at Amazon Web Services in a bombastic Friday blog post that he said lobbed some "grenades" at his much larger competitor on the very hot topic of cloud computing pricing. "I decided to throw some gr…
amzn - Business Insider3:13pm PDT - July 23rd, 2021
'Hell yes': Jeff Bezos is ready to leave Earth again (AMZN)
Summary List PlacementAmazon multibillionaire Jeff Bezos launched into space on Tuesday aboard one of his Blue Origin rockets, becoming one of just a handful of private citizens to do so. He can't wait to do it again. "Hell yes," Bezos said during a post-fi…
amzn - Business Insider10:29am PDT - July 20th, 2021
Facebook joins Amazon in requesting the FTC's new chairwoman be removed from any investigations, saying she's biased (FB, AMZN)
Summary List PlacementFacebook wants Federal Trade Commission Chair Lina Khan removed from any investigation of the company and has accused her of bias, citing her past criticisms of the tech industry. Facebook filed a petition on Wednesday with the agency, a…
amzn - Business Insider8:02am PDT - July 14th, 2021
Read Adam Selipsky's first internal email to his team as CEO of Amazon's massive cloud business (AMZN)
Summary List PlacementWhen Adam Selipsky took over as CEO of Amazon's multibillion-dollar cloud-computing business, Amazon Web Services, this week, the executive sent an email to rally his new team to "build a business that is much larger than it is today." S…
amzn - Business Insider2:08pm PDT - July 7th, 2021
Amazon's new CEO Andy Jassy is already making his mark on the company with these additions to the executive 'S-team' and a slew of SVP promotions (AMZN)
Summary List PlacementAmazon's new CEO Andy Jassy is wasting no time making changes to his most senior group of executives. Amazon has added two new members to its "S-team," a group of roughly two dozen senior executives who make the company's biggest decisio…
amzn - Business Insider11:33am PDT - July 7th, 2021
This flow chart gives you an exclusive look inside Amazon's controversial system for fixing or ousting underperforming employees (AMZN)
Summary List PlacementAmazon has a unique corporate culture, and it's no different for the company's performance-review system. Employees labelled as underperformers go through a multistep coaching process that's opaque and often unrealistic, dozens of employ…
amzn - Business Insider2:45am PDT - July 7th, 2021
Pentagon cancels $10B cloud contract given to Microsoft over Amazon
The Department of Defense is canceling a controversial $10 billion cloud computing contract that had been awarded to Microsoft over Amazon under the Trump administration.
amzn - CNN10:56am PDT - July 6th, 2021
Read Andy Jassy's first company-wide email as Amazon's new CEO: 'We have issues that we need to work on' (AMZN)
Summary List PlacementAndy Jassy sent his first company-wide email as Amazon CEO on Tuesday, addressing his thoughts about the new role he officially took over the day before. In the email, obtained by Insider, Jassy reiterates his commitment to Amazon, urges…
amzn - Business Insider7:29am PDT - July 6th, 2021
President Biden wins global support for massive tax overhaul
The United States has won international backing for its plan to overhaul the global system for taxing companies, a huge step toward simplifying a complex web of rules long exploited by big corporations.
amzn - CNN9:52am PDT - July 1st, 2021
Amazon just added 2 new leadership principles that hint where incoming CEO Andy Jassy is headed (AMZN)
Summary List PlacementAs Andy Jassy prepares to succeed Jeff Bezos as Amazon CEO, the company has released a new set of leadership principles hinting at how the executive plans to run the e-commerce and cloud giant. Amazon added "strive to be Earth's best emp…
amzn - Business Insider8:31am PDT - July 1st, 2021
Meet the Amazon execs most likely to replace Andy Jassy as CEO of $40 billion cloud business AWS (AMZN)
Summary List PlacementJeff Bezos named Amazon Web Services boss Andy Jassy as his successor when he steps down later this year, leaving a vacant role atop the $40 billion, market-leading cloud business responsible for more than 60% of Amazon's revenue. While …
amzn - Business Insider3:08pm PST - February 2nd, 2021
Amazon unveiled the next phase of its $2.5 billion HQ2 in Virginia, which will be home to a spiral glass structure known as 'The Helix' (AMZN)
Summary List PlacementAmazon has unveiled the design for HQ2, its futuristic new campus in northern Virginia. The new headquarters will be home to 2.8 million square feet of office space across three buildings and 2.5 acres of public space. The centerpiece o…
amzn - Business Insider8:57am PST - February 2nd, 2021
Inside the 'Chop': Amazon Web Services CEO Andy Jassy uses a Seattle conference room to cut down big ideas — and unprepared employees (AMZN)
Summary List PlacementThere's a conference room outside Amazon Web Services CEO Andy Jassy's Seattle office where he makes the decisions that guide Amazon's $40 billion-a-year cloud business. It's called the "Chop," short for the 1839 novel "Charterhouse of P…
amzn - Business Insider5:15am PST - February 2nd, 2021
More than 40% of Amazon employees say they wished they were in a union, a new Insider survey shows (AMZN)
Summary List PlacementRoughly four out of 10 Amazon employees support the idea of unionizing, a new Insider survey found. The results show how some of the company's employees may feel about next month's union election at an Amazon warehouse in Bessemer, Alaba…
amzn - Business Insider12:45pm PST - January 28th, 2021
Jeff Bezos wants his girlfriend's brother to cover $1.7 million in legal fees after he unsuccessfully sued Bezos for defamation (AMZN)
Summary List PlacementAmazon CEO Jeff Bezos is seeking over $1.7 million from his girlfriend's brother, Michael Sanchez, to cover legal fees he incurred as a result of Sanchez's unsuccessful defamation lawsuit. Bezos and his personal security chief, Gavin de…
amzn - Business Insider2:45pm PST - January 26th, 2021
$14 billion Elastic made a big stand against Amazon's cloud and reignited a fierce open source software debate (ESTC, AMZN)
Summary List PlacementEarlier this month, $15 billion Elastic made a change to the licensing terms of its free search engine software for businesses, in a move intended to make a stand against what it saw as exploitation by Amazon Web Services. In doing so, …
amzn - Business Insider1:59pm PST - January 25th, 2021
A Seattle court rejected Parler's legal effort to force Amazon to bring it back online (AMZN)
Summary List PlacementThe US District Court in Seattle rejected social network Parler's effort to get back on Amazon's web hosting platform. Amazon Web Services removed Parler after the social network violated its terms of service due to an increase in violen…
amzn - Business Insider1:00pm PST - January 21st, 2021
One of Amazon's top execs wrote a letter to Biden offering to help with his pledge to vaccinate 100 million Americans in his first 100 days (AMZN)
Summary List PlacementOne of Amazon's top executives is offering to help President Joe Biden with his pledge to vaccinate 100 million Americans during his first 100 days in office. Dave Clark, the CEO of Amazon's consumer business and Jeff Bezos' second-in-c…
amzn - Business Insider12:46pm PST - January 20th, 2021
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RT @DiscussingFilm: First trailer for the 4K remaster of ‘BATMAN: MASK OF THE PHANTASM’. Order here: https://t.co/XepBaNr1z4 https://t.co/…
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