Amazon questioned by House committee over ‘dangerous’ TikTok deal

Amazon questioned by House committee over ‘dangerous’ TikTok deal

Amazon logo on a brick building exterior, San Francisco, California, August 20, 2024. Smith Collection | Gado | Archive Photos | Getty Images Amazon representatives met with the House China committee in recent months to discuss lawmaker concerns over the company’s partnership with TikTok, CNBC confirmed. A spokesperson for the House Select Committee on the … Read more

Amazon launches fixed pricing to treat hair loss, erectile dysfunction

Amazon launches fixed pricing to treat hair loss, erectile dysfunction

A worker delivers Amazon packages in San Francisco on Oct. 24, 2024. David Paul Morris | Bloomberg | Getty Images Amazon on Thursday announced Prime members can access new fixed pricing for treatment of conditions like erectile dysfunction and men’s hair loss, its latest effort to compete with other direct-to-consumer marketplaces such as Hims & … Read more

Tesla hits $1 trillion market cap as stock rallies after Trump win

Tesla hits  trillion market cap as stock rallies after Trump win

Elon Musk on stage before Republican presidential nominee former President Donald Trump speaks at a rally at Madison Square Garden in New York, NY on Sunday, October 27, 2024. The Washington Post | The Washington Post | Getty Images Shares of Tesla climbed 8% on Friday, pushing the electric vehicle maker’s market cap past $1 … Read more

Affirm expands buy now, pay later service to the UK

Affirm expands buy now, pay later service to the UK

PayPal Inc. co-founder and Affirm’s CEO Max Levchin on center stage during day one of Collision 2019 at Enercare Center in Toronto, Canada. Vaughn Ridley | Sportsfile | Getty Images LONDON — Buy now, pay later firm Affirm launched Monday its installment loans in the U.K., in the company’s first expansion overseas. Founded in 2012, Affirm … Read more

Amazon shares jump after Q3 earnings beat

Amazon shares jump after Q3 earnings beat

Amazon CEO Andy Jassy speaks at the Bloomberg Technology Summit in San Francisco on June 8, 2022. David Paul Morris | Bloomberg | Getty Images Amazon shares jumped 6% on Friday after the company reported better-than-expected earnings, driven by growth in its cloud computing and advertising businesses. The stock is up about 32% for the … Read more

Google’s cloud outpaces AWS, Azure in Q3 as AI battle heats up

Google’s cloud outpaces AWS, Azure in Q3 as AI battle heats up

Alphabet CEO Sundar Pichai speaks at the Munich Security Conference at the Hotel Bayerischer Hof in Munich, Germany, on February 16, 2024. Tobias Hase | Picture Alliance | Getty Images With Wall Street laser focused on cloud computing this week, Google outpaced its rivals in growth, a key sign for investors that the internet company … Read more

AWS Q3 earnings report 2024

AWS Q3 earnings report 2024

Matt Garman, CEO of Amazon Web Services, speaks during The Wall Street Journal’s Tech Live conference in Laguna Beach, California, on Oct. 21, 2024. Frederic J. Brown | AFP | Getty Images Amazon said revenue in its cloud unit increased 19% in the third quarter, just missing analyst estimates. Revenue at Amazon Web Services totaled … Read more

Nvidia to join Dow Jones Industrial Average, replacing Intel

Nvidia to join Dow Jones Industrial Average, replacing Intel

CEO of Nvidia, Jensen Huang, speaks during the launch of the supercomputer Gefion, where the new AI supercomputer has been established in collaboration with EIFO and NVIDIA at Vilhelm Lauritzen Terminal in Kastrup, Denmark October 23, 2024. Ritzau Scanpix | Mads Claus Rasmussen | Via Reuters Nvidia is replacing rival chipmaker Intel in the Dow … Read more

Amazon (AMZN) Q3 earnings report 2024

Amazon shares jump after Q3 earnings beat

Amazon CEO Andy Jassy speaks at the Bloomberg Technology Summit in San Francisco on June 8, 2022. David Paul Morris | Bloomberg | Getty Images Amazon reported better-than-expected earnings and revenue for the third quarter, driven by growth in its cloud computing and advertising businesses. The stock was up about 7% on Friday morning. Here … Read more

Boeing, union reach sweetened contract offer in bid to end strike, vote scheduled for Monday

Boeing, union reach sweetened contract offer in bid to end strike, vote scheduled for Monday

Boeing workers from the International Association of Machinists and Aerospace Workers District 751 gather on a picket line near the entrance to a Boeing production facility on the day of a vote on a new contract proposal during an ongoing strike in Renton, Washington, U.S. October 23, 2024.  David Ryder | Reuters Boeing and its … Read more