Amazon is preparing a major workforce reduction impacting as many as 30,000 corporate employees, marking the largest layoff in the company’s history. The cuts are aimed at reducing […]
Yuga Labs Launches Koda Nexus in Otherside Metaverse with Amazon Partnership
Yuga Labs is launching its central hub for the Otherside metaverse, Koda Nexus, on November 12th. This milestone marks a major step towards mainstream adoption of the metaverse […]
Amazon’s New AI Smart Glasses Revolutionize Delivery Driver Experience
Amazon is taking a groundbreaking leap in delivery efficiency with the launch of its new AI-powered smart glasses designed for drivers. By seamlessly integrating critical data and functionalities […]
Amazon Plans for Automation Could Eliminate 600,000 U.S. Jobs by 2033
Amazon is reportedly aiming to reduce its workforce by over 600,000 US employees by 2033 through extensive automation using robotics and artificial intelligence. Internal documents obtained by The […]
Why Amazon’s Stock Jumped After Major AWS Outage
Amazon Web Services (AWS), a key service for Amazon, experienced a significant disruption affecting various companies and platforms on Monday morning. While the outage lasted for over three […]
Amazon Unlikely to Integrate Ethereum Payments Soon
While Amazon Web Services (AWS) offers support for blockchain technology including Ethereum, the company has yet to announce integration of Ethereum payments for purchases directly on their platform.
XRP’s Future: Could the Crypto Asset Mirror Amazon’s Long-Term Growth?
Crypto analyst BullRunners has drawn parallels between XRP and Amazon, suggesting that the digital asset may follow a similar trajectory of consolidation followed by substantial growth. In a […]
Amazon Launches Cloud Services in New Zealand, Creates Jobs and Boosts Economy
Amazon has officially launched its cloud services in New Zealand, marking the realization of a significant investment plan first announced in 2021. With an investment exceeding NZ$7.5 billion […]
Amazon Web Services: Slowing Growth Raises Concerns for AMZN
AWS, Amazon’s cloud computing division, is facing increasing competition from Microsoft and Alphabet, impacting its growth rate and potentially affecting the company’s stock price. The recent slowdown in […]
Amazon Seeks Exemption from Foreign Investment Rules to Expand Exports
Amazon is requesting a change to India’s foreign investment rules, specifically seeking an exemption that would allow it to purchase goods directly from Indian vendors for export purposes. […]
Amazon’s Bitcoin Adoption: A Wildly Potent Catalyst for Bitcoin
Imagine paying for your next Amazon purchase with Bitcoin. This hypothetical scenario has sparked debate in the crypto world, highlighting how a single company could drastically alter the […]
Amazon Transitions Fire Tablets to Android for Enhanced Experience
Amazon is making a significant move by integrating the Android operating system into its Fire tablets. This change aims to elevate the quality of these devices, aligning with […]
Amazon Stock Lags Nasdaq 100 in 2025 Amidst AI Boom
Despite the robust growth of the Nasdaq 100, Amazon’s shares have underperformed throughout 2025. This discrepancy has widened in recent weeks, as the stock struggles to keep pace […]
Rumored Unofficial Amazon-XRP Deal Sparks XRP Speculation
Cryptocurrency investor, Digital Asset Investor, posted a tweet hinting at an undisclosed partnership between Amazon and XRP, citing a speculative document as evidence. The document alleges that Amazon […]
Walmart and Amazon Explore Corporate Stablecoin Launch, Aiming for $14 Billion in Savings
Major retail giants Walmart and Amazon are venturing into the world of corporate stablecoins, aiming to cut significant costs. The companies are exploring creating their own USD-pegged stablecoins, […]