Rivian, the electric vehicle startup aiming to compete with Tesla, posted lower-than-expected Q4 revenue, leading to a share price drop of almost 17 percent in morning trading.
The ongoing controversy over the decision by Puffin, a subsidiary of Penguin Random House, to censor new editions of Roald Dahl books has taken another dystopian twist, with owners of Roald Dahl ebooks reporting that their copies have been automatically updated to the new, woke versions.
Emmanuel Macron was under fire on Friday for handing billionaire Amazon founder Jeff Bezos the country’s highest order of merit.
Corporate employees at Amazon will reportedly receive compensation that falls far short of expectations due to Amazon’s declining stock price. Amazon’s 35 percent drop in share price will result in corporate employees receiving total compensation worth 15 percent to 50 percent less than their target values.
Amazon’s corporate employees are pushing back on the company’s recent return-to-office orders. One employee reportedly commented, “By arbitrarily forcing return-to-office without providing data to support it and despite clear evidence that it is the wrong decision for employees, Amazon has failed its role as Earth’s best employer. I believe this decision will be detrimental to our business and is antithetical to how we make decisions at Amazon.”
To the surprise of no one, an uncensored, unvandalized collection of Roald Dahl’s seminal works sits at number two on the Amazon sales chart.
House Judiciary Committee chairman Rep. Jim Jordan (R-OH) subpoenaed five big tech CEOs Tuesday for documents related to their companies’ censorship practices and to what extent, if any, those practices involved the U.S. government.
A top United States senator focused on government corruption is pushing the Pentagon inspector general to reopen an investigation into allegations that a former top defense official engaged in ethical misconduct related to a multi-billion dollar defense contract, citing new evidence.
Smart speaker maker Sonos recently posted strong earnings for the first quarter of 2023. During its earnings call with investors, the company’s CEO mocked its main competitors Amazon, Apple, and Google for failing to do “anything interesting” in the audio market.
The 1792 exchange, a new nonprofit seeking to counter the rise of “woke capitalism” and the leftist trend of Environmental, Social, and corporate Governance (ESG), the umbrella strategy for pushing progressive agendas into corporate boardrooms, has compiled an index of over 1,000 companies to evaluate their political biases.
Twitch suspended Nothing, Forever, an AI-generated Seinfeld spoof, for streaming a joke about how “transgender people.”
E-commerce giant Amazon recently reported fourth-quarter sales beating analysts’ estimates, but reported its first unprofitable year since 2014 due largely to its fizzling investment in electric truck builder Rivian. The company’s sluggish first-quarter guidance has caused its stock to drop more than four percent in morning trading.
Amazon, which has faced nationwide strikes across the United States, has now experienced its first-ever strike in the United Kingdom, at the tech giant’s warehouse in Coventry, England, where protestors said “robots are treated better” than human employees.
Music streaming giant Spotify recently announced plans to lay off six percent of its workforce. The cuts will impact almost 600 workers as many other internet power players make significant staff cuts as well.
Woke tech giant Google has announced a major layoff, stating that the company plans to cut approximately 6 percent of its workforce, or about 12,000 employees.
E-commerce giant Amazon has reportedly shut down its “AmazonSmile” charity donation program as part of its ongoing cost-cutting measures.
“Amazon Prime Video is likely to be parting ways with Jeremy Clarkson mere weeks after his comments about Meghan Markle,” Variety reports.
On average, 1,600 tech workers have been laid off every single day in 2023 according to a recent report. The ongoing Silicon Valley slump has caused the tech Masters of the Universe including Facebook, Amazon, and Salesforce to lead the way in cutting high-paid tech employees.
E-commerce giant Amazon has failed in its recent efforts to overturn a union vote at its JFK8 facility in Staten Island.
Testers for the popular Roomba automated vacuum cleaner made by iRobot have stated that they feel misled after intimate photos of them ended up on Facebook. One woman found pictures of herself sitting on the toilet, never imaging her robot vacuum would violate her privacy. The pictures were reportedly posted to social media by Venezuelan gig workers.
E-commerce giant Amazon has revealed that it will be laying off more than 18,000 employees in the coming months, the largest headcount reduction at a tech firm in the past year. The layoffs will impact about five percent of the company’s corporate workforce.
E-commerce giant Amazon has begun rolling out drone deliveries in two towns in California and Texas, the company confirmed late last week.
Federal prosecutors have charged two men with allegedly taking part in a spree of swatting attacks against over a dozen owners of compromised Amazon Ring home security cameras. The hackers made fake emergency calls, then used the compromised Amazon doorbells to taunt responding police.
According to a recent report from the MIT Technology Review, a woman’s Roomba robot vacuum cleaner recently took photos of her on the toilet and somehow the photos ended up on Facebook, shared by gig workers in a foreign country.
E-commerce giant Amazon has reportedly agreed to settle two European Union antitrust cases related to the company’s alleged treatment of third-party sellers on its platform. The company will dodge any fines in relation to the cases.
A contract worker with a gun stopped an armed attacker who shot and wounded one individual at an Amazon facility in Chandler, Arizona.
Amazon’s “The Rings of Power” series is doubling down on its wokeness by hiring an all-female directing team for season two, the filming of which is already underway in the U.K.
An outsourcing firm with Fortune 500 clients hired foreign H-1B visa workers for Information Technology (IT) jobs over qualified Americans, a Department of Justice (DOJ) settlement reveals.
Incoming House Judiciary Committee Chairman Jim Jordan (R-OH) sent letters to big tech companies demanding documents relating to their censorship practices.
The high-stakes fight over the Eagle Act outsourcing bill now has a simple battle line: The West Coast tech investors and pro-migration progressives versus everyone else.
Washington DC Attorney General Karl Racine filed a lawsuit against Amazon on Wednesday, accusing the tech giant of deceiving its customer base and “stealing” tips from delivery drivers.
Bernard Hill, the actor who played King Théoden in Peter Jackson’s seminal The Lord of the Rings trilogy, has slammed Amazon’s controversial The Rings of Power series as a mere cash-grab, “not like the real thing”.
Amazon CEO Andy Jassy has explained why he hasn’t pulled an antisemitic documentary from the company’s Prime Video store despite mounting pressure from celebrities and news media — neglecting to mention the company’s history of removing other controversial films from
Amazon Studios is turning the Sam Bankman-Fried FTX cryptocurrency scandal into a limited drama series, with Disney-Marvel veterans Joe and Anthony Russo set to produce and direct.
Amazon workers around the world are reportedly planning to strike during Black Friday, one of the e-commerce giant’s business time periods, demanding that the company “pays fairly and ceases awful, unsafe practices.” Thousands have reportedly already walked out in the United States, Europe, and elsewhere.
Tech giant Amazon is gutting the internal team developing its Alexa home voice assistant, according to recent reports. One former employee calls Alexa a “colossal failure of imagination,” adding “it was a wasted opportunity.”
Amazon plans to cut approximately 10,000 workers starting as soon as this week according to reports.
Amazon founder and multibillionaire Jeff Bezos recently announced that he plans to give away the majority of his wealth during his lifetime. His charitable donations will go to environmental charities and other leftist causes, as he has already committed a portion of his net worth to the “Bezos Earth Fund.”
The Anti-Defamation League (ADL), along with the Brooklyn Nets, sent a letter to Amazon’s Jeff Bezos requesting the film at the center of the Kyrie Irving controversy be removed from the platform, or provide additional context along with the film, according to The Athletic.
The Biden Administration’s FTC and DOJ have signaled an aggressive antitrust strategy against Big Tech, but there are growing concerns that the efforts are being redirected, not against monopolies but against smaller companies trying to compete with them.
