VCs says that these 24 companies are the top cloud infrastructure startups in a market dominated by Amazon, Microsoft, and Google (MSFT, AMZN, GOOG)

• Business Insider asked venture capitalists — including from firms like Andreessen Horowitz and Kleiner Perkins— to name the top cloud infrastructure startups they expect to boom this year. 
• The VCs recommended 24 startups, from well-known co…
  amzn - Business Insider
  5:00am PDT - July 5th, 2020

Amazon's $1.2 billion deal to buy Zoox shows just how hard building a self-driving car still is —and why even more startups could become buyout targets (AMZN, UBER, WMT)

• Amazon's deal to buy self-driving car startup Zoox could foreshadow more deals to come.
• Autonomous vehicle technology is proving to be much harder to develop than early enthusiasts predicted.
• It could take a decade or more and tens …
  amzn - Business Insider
  5:15am PDT - July 3rd, 2020

Leaked emails show Amazon is delaying Prime Day again to October as concerns grow that a new COVID-19 demand spike may hit supply chains (AMZN)

• Amazon is postponing its annual Prime Day shopping event to October, the third delay this year.
• In one email sent to third-party sellers, Amazon gave a "placeholder" date in the week of October 5, and in another email said this date change w…
  amzn - Business Insider
  10:08am PDT - July 2nd, 2020

Amazon's lawsuit against a former exec is shining a spotlight on its use of noncompete agreements — a practice that critics say is unfair and will scare away talent (AMZN)

• Amazon makes new corporate employees sign a noncompete agreement saying they won't work for competitors for 18 months after they leave the company.
• The agreements are controversial: Critics charge that with Amazon involved in everything from…
  amzn - Business Insider
  9:28am PDT - July 1st, 2020

These are the best strategies to cut cloud computing costs during the pandemic, according to experts (MSFT, AMZN, GOOG)

• Companies looking to save money in the current environment of economic uncertainty should take a closer look at their cloud computing spending, experts told Business Insider.
• As much as 35 percent of cloud spending is wasted as companies pay…
  amzn - Business Insider
  9:04am PDT - July 1st, 2020

Jeff Bezos and Elon Musk's bitter rivalry could get a shot in the arm from Amazon's acquisition of the autonomous-vehicle startup Zoox (AMZN, TSLA)

• Amazon announced on Friday an agreement to acquire the autonomous-vehicle startup Zoox.
• Experts have predicted that Amazon will use Zoox's technology to eventually deliver packages in self-driving vehicles.
• But Amazon published a bl…
  amzn - Business Insider
  12:10pm PDT - June 26th, 2020

Walmart gets backlash over 'All Lives Matter' and 'Irish Lives Matter' T-shirts

Amazon is launching a new service for building apps even if you don't know how to code (AMZN)

• Amazon is launching a new service called Honeycode that enables AWS customers to build apps for their business without any coding experience.
• It's designed for businesses that need apps for tasks like event scheduling and inventory managemen…
  amzn - Business Insider
  8:02am PDT - June 25th, 2020

130 CIOs surveyed by JPMorgan say that nearly half of their cloud dollars are going to Microsoft, and they expect usage of AWS to drop slightly within the next three years (MSFT, AMZN)

• JPMorgan surveyed 130 chief information officers, who said that Microsoft will be the most critical and indispensable vendor to their organization in the future.
• Those CIOs say that 48% of their cloud infrastructure spending currently goes t…
  amzn - Business Insider
  8:00am PDT - June 25th, 2020

Amazon, Google, Twitter, and other tech companies are speaking out against Trump's freeze on immigrant work visas (AMZN, TWTR, GOOG, GOOGL)

• Amazon, Google, Twitter, and other major tech companies are criticizing Trump's move to halt certain immigration visas.
• The companies said it will make American firms less competitive and less diverse.
• In an order Monday, Trump exte…
  amzn - Business Insider
  6:28pm PDT - June 22nd, 2020

Trump's shutdown of H-1B visas is a huge hit to the Silicon Valley tech giants that employ tens of thousands of affected workers (FB, GOOG, AMZN, AAPL)

• Silicon Valley tech companies hire tens of thousands of workers on H-1B visas every year.
• On Monday, Trump issued a proclamation halting a range of visa programs until the end of 2020.
• H-1B visas are one of those affected, and the t…
  amzn - Business Insider
  4:58pm PDT - June 22nd, 2020

Amazon is putting AI cameras in some of its warehouses to see if workers are actually standing six feet apart (AMZN)

• Amazon is implementing a new AI camera system known as the "Distance Assistant" at some of its warehouses to make sure employees are following social distancing guidelines.
• The system is composed of a camera, a 50-inch monitor, and a computi…
  amzn - Business Insider
  6:00am PDT - June 16th, 2020

Microsoft employees have an internal joke about defecting to Amazon, and now Amazon Web Services is leasing a new engineering office about three miles from Microsoft's headquarters (AMZN, MSFT)

• Amazon just announced plans to open an office just down the street from Microsoft's headquarters.
• The plans are significant as it's already so common for employees to switch between the companies that the scenario is included in a "Cards Aga…
  amzn - Business Insider
  11:42am PDT - June 15th, 2020

Leaked email shows Amazon's internal climate activist group urging employees to support Black Lives Matter movement: 'Climate justice cannot be achieved without racial justice' (AMZN)

• Amazon's internal climate activist group, Amazon Employees for Climate Justice, sent an email to its members last week with instructions on how to support the Black Lives Matter movement.
• The email said "Climate justice cannot be achieved wi…
  amzn - Business Insider
  11:31am PDT - June 11th, 2020

Amazon just announced that it's going to suspend police use of its controversial facial recognition technology for one year (AMZN)

• On Wednesday, Amazon announced it would suspend police use of its controversial facial recognition technology Rekognition for one year.
• Amazon last week put out a statement against police brutality and systemic racism, but advocates pointed …
  amzn - Business Insider
  3:12pm PDT - June 10th, 2020

These charts show how COVID-19 is helping smaller consumer brands steal share on Amazon after their giant competitors ran out of stock (AMZN)

• Newer challenger brands on Amazon are showing up more often on Amazon's first-page search results after legacy brands ran out of stock during COVID-19, according to a new report by e-commerce research firm Profitero.
• For example, the four la…
  amzn - Business Insider
  10:53am PDT - June 10th, 2020

The "FAANG'' tech giants recovered fast from the share price plunge due to COVID-19, but that rebound for Apple, Alphabet, and Facebook defies logic, a longtime tech investor says (AAPL, FB, GOOG, NFLX, MSFT, AMZN)

• The stock market's recovery following its coronavirus plunge has been led by the so-called FAANG stocks — Facebook, Apple, Amazon, Netflix, and Google parent Alphabet — along with Microsoft.
• After outperforming the S&P 500 for the year, thos…
  amzn - Business Insider
  6:01pm PDT - June 9th, 2020

Jeff Bezos responded to an 'offended' customer who wants Amazon to say All Lives Matter instead of Black Lives Matter: 'My stance won't change' (AMZN)

• Amazon CEO Jeff Bezos shared an email exchange he had with a customer upset about the Black Lives Matter banner on Amazon's website.
• Bezos wrote that the Black Lives Matter movement "doesn't mean other lives don't matter."
• "I want y…
  amzn - Business Insider
  6:16pm PDT - June 5th, 2020

U.S. House panel calls on Amazon's Bezos to testify on third-party sellers

Amazon sees $60 billion in market cap erased after quarterly profits shrink (AMZN)

• Amazon reported first-quarter earnings Thursday that missed analyst expectations. 
• Shares fell 5% in early trading, erasing $60 billion in market value from the tech giant. 
• While revenue jumped because of the coronavirus pandemic, …
  amzn - Business Insider
  6:38am PDT - May 1st, 2020

Amazon Earnings Slapped the Stock Market Back Into Reality

Amazon's head of safety reveals how the company is tracking COVID-19 cases among employees (AMZN)

• Heather MacDougall, the vice president of worldwide workplace health and safety for Amazon, gave us an inside look at Amazon's response to the coronavirus pandemic. 
• She described how the company is tracking infections, developing new measur…
  amzn - Business Insider
  10:13am PDT - April 30th, 2020

E-commerce is seeing huge growth in demand amid COVID-19. Amazon is about to tell us exactly how much. (AMZN)

• Amazon reports its first-quarter earnings on Thursday.
• Wall Street expects Amazon to report revenue growth but smaller profits than last year, as both demand and costs surged amid the coronavirus pandemic.
• Amazon's results will give…
  amzn - Business Insider
  11:23am PDT - April 29th, 2020

An unprecedented coalition of Amazon, Walmart, FedEx, Target, Instacart, and Whole Foods workers are planning to strike over pandemic working conditions (AMZN, WMT, FDX, TGT)

• A coalition of workers from Amazon, Walmart, FedEx, Target, Instacart, and Whole Foods are going on strike Friday to protest working conditions during the coronavirus pandemic, as first reported by The Intercept.
• The workers say their employ…
  amzn - Business Insider
  11:14am PDT - April 29th, 2020

Amazon reportedly paid nearly $10 million to a blacklisted Chinese company for thermal imaging cameras to monitor employee temperatures (AMZN)

• Amazon reportedly spent nearly $10 million on thermal cameras purchased from a Chinese company blacklisted in the US over to allegations it helped the Chinese government "detain and monitor the Uighurs and other Muslim minorities," Reuters reported o…
  amzn - Business Insider
  7:21am PDT - April 29th, 2020