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The Latest Breaking News from Andy Jassy

Amazon stops return to office policy for US workers due to lack of office space

Despite announcing RTO plans months before they were set to roll out, Amazon still isn’t ready.

TechRadar

AT&T is dumping hybrid work as it follows Amazon in demanding employees spend 5 days a week in office

AT&T CEO John Stankey told managers last year they would need to come back to the core office hubs—18,000 returned.

Fortune

Analyst resets Amazon stock price target after conference

Here's what could happen next to Amazon shares.

The Street

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read the most diverse news in one place.

David Bonderman hailed by everyone from Goldman Sachs CEO to NHL players as PE pioneer passes away at 82

Seattle Kraken is currently led by Samantha Holloway, Bonderman’s daughter.

Fortune

Return-to-office mandates are associated with an exodus of high performers, research finds

When S&P 500 companies discouraged remote working, skilled employees quit—leaving hard-to-fill vacancies for employers.

Fortune

How the 173-year-old glass-maker behind Edison's light bulb and iPhone screens became a Silicon Valley darling

CEO Wendell Weeks talks about Corning Inc.’s innovations—ranging from Edison’s lightbulb to the face of your smartphone—and how its fiber-optic cables are powering the AI revolution.

Fortune

Amazon is making its own AI power play with new Nova models

Amazon is betting that offering AI models of similar capability to others but at a lower price will be the key to winning marketshare

Fortune

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"It's actually quite difficult to build a really good generative AI application" - Amazon CEO outlines its AI vision, and challenges

Turns out it's quite difficult to build a good Gen AI app, Amazon CEO says.

TechRadar

Amazon unveils surprise new video and image AI models to compete with the best on the market

Amazon Nova will offer new video and image generation AI models.

TechRadar

Amazon employees are 'rage-applying' as its return-to-office mandate looms—experts say that's exactly what CEO Andy Jassy wants

The tech mammoth’s RTO push is wildly unpopular—and that could be exactly what it wants.

Fortune

Exclusive: Leaked Amazon memos identify critical flaws in the upcoming AI version of Alexa

The planned update to voice assistant Alexa is bogged down with problems including latency, which requires "significant improvements,” an internal memo said.

Fortune

Analyst updates Amazon stock price target on innovation

This is what could happen next to Amazon shares.

The Street

Amazon is testing a strange new way to boost delivery speeds

The online retail giant has a new plan to deliver packages to its customers more quickly.

The Street

Walmart's new plan to crimp retail theft will delight customers

The retail giant is reportedly contemplating a major change in its quest to stop retail theft.

The Street

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The Guardian - UK

In no great rush to get back to the office? UK home workers may not have a choice

Supermarket chain Asda has joined the growing number of firms demanding staff return to the workplace. Does this signal the end for remote working or is it a new battle line?

Fortune

Amazon CEO Andy Jassy hates bureaucracy so much he's planning to increase the ratio of employees to managers

The e-commerce giant says bureaucracy creates inefficiency.

The Street

Amazon CEO addresses worries about a controversial office policy

Andy Jassy, the CEO of Amazon, has a stern message for employees who are worried about an upcoming change to the company's work culture.

Fortune

CEOs including Satya Nadella and Sam Altman are lining up to congratulate Donald Trump on his election victory

CEOs and business leaders took to social media to congratulate President-elect Donald Trump on his second White House victory.

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Fortune

Andy Jassy denies that 5-day RTO plan is a "backdoor layoff"

Jassy insists the move is about strengthening company culture.

TechRadar

Amazon CEO denies forced return to office move is "backdoor layoff"

Andy Jassy says Amazon’s new five-day RTO policy, up from three days, isn’t a layoffs exercise.

The Street

Amazon's big tech plans pay off for customers (and its pockets)

Amazon is plowing big money into AI and e-commerce projects.

Fortune

Amazon CEO hints new AI Alexa will complete your tasks

Andy Jassy hinted that the long-awaited AI-powered Alexa will be all about taking actions, and not just providing answers. But it’s unclear when the product will actually launch.

Barchart

Amazon Pops After Q3 Earnings: Is It Too Late to Buy AMZN Stock Now?

While Amazon stock is trading higher today after reporting better-than-expected Q3 earnings, it might still not be too late to buy AMZN stock.

Kiplinger

Amazon Leads Dow Jones Stocks After Stellar Earnings Report

Amazon stock is higher Friday after the e-commerce and cloud giant reported strong Q3 earnings and Wall Street sees even more upside ahead. Here's why.

Investors Business Daily

Amazon, IBD Stock of The Day, Jumps 6% As Earnings Beat Eases Investor Fears

Amazon stock is surging Friday after its Q3 results helped ease investor concerns about operating margins for the tech giant.

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