The spending that the industry’s giants expect artificial intelligence to require is starting to come into focus — and it is jarringly large.
Category: Jassy, Andrew R
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Amazon to Stop Selling Seven Eyedrops After F.D.A. Warning
The Food and Drug Administration told the online retailer in a letter this week that the products were not approved for sale in the United States.
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For Amazon’s Andy Jassy, a Cleanup Job Just Got a Lot Bigger
The F.T.C. accused the internet giant of protecting an online retail monopoly and forcing higher prices onto consumers.
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Amazon Posts 11% Rise in Revenue as Growth Improves
The retailer also swung to a profit in the second quarter.
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Earnings Season Arrives With Recession Fears Front and Center
Investors will be closely watching whether worries about an economic slowdown dent corporate profits, and lead to further layoffs.
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Amazon Pauses Work on 2nd Headquarters in Virginia
The New York Times – Business:The delay is the latest reminder that the tech industry’s pandemic-fueled boom has slowed and another indicator of how remote work has changed office-space needs.
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Amazon Pauses Work on 2nd Headquarters in Virginia
The New York Times – Business:The company has been struggling with weak growth and has recently expanded its cost-cutting plans.
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Office Mandates. Pickleball. Beer. What Will Make Hybrid Work Stick?
The New York Times – Business:Hybrid work has been choose-your-own-adventure, but now C.E.O.s are making their choices more permanent.
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Investors Await the Market Impact from Tuesday’s C.P.I. Report
The New York Times – Business:Tuesday’s Consumer Price Index data could hold big clues about the Federal Reserve’s future policy moves.