Amazon.Com Inc - AMZN STOCK NEWS

Amazon and Safe Kids Worldwide have launched a partnership aimed at educating parents on preventing child injuries, such as traffic accidents and falls. They plan to host nationwide events focused on safety topics, including car seat use and safe sleep practices. This initiative highlights Amazon's commitment to consumer safety, with plans for online events featuring safety experts and community baby showers. Safe Kids Worldwide, a nonprofit organization, has a long-standing history of promoting child safety and has significantly reduced the U.S. childhood death rate from unintentional injuries.

Amazon Web Services (AWS) launched Amazon Lookout for Metrics, a new service that detects anomalies in business metrics without requiring machine learning expertise. This fully managed service analyzes key metrics such as revenue and user activity in real-time, helping businesses identify issues like unexpected revenue drops or spikes in transaction failures. Customers can connect to 19 data sources, including AWS tools and popular SaaS applications, to monitor metrics dynamically. Lookout for Metrics ranks anomalies by severity, enabling prioritized responses, and improves accuracy through user feedback.

Amazon Web Services (AWS) has launched Red Hat OpenShift Service on AWS (ROSA), a managed service that simplifies Kubernetes cluster management for Red Hat OpenShift customers. With ROSA, users can build, scale, and manage containerized applications directly via AWS, integrating support and billing into a single user experience. This service eliminates upfront investment, charging customers only for utilized container clusters and nodes. ROSA promises easier migration of on-premises workloads and seamless access to AWS services, enhancing developer efficiency and application flexibility.

On March 12, the U.S. District Court of Utah ruled against Randon Morris and four companies he controls for a fraudulent telemarketing scheme misusing Amazon Associates' name. The defendants exploited pandemic fears to promote fake work-from-home opportunities, misleading potential customers. They are barred from selling similar services and must pay over $2 million in settlements. Amazon commended the Federal Trade Commission for its efforts to combat these scams, reiterating its commitment to customer protection against fraud.

Amazon (NASDAQ: AMZN) has secured a landmark 10-year agreement with the NFL to exclusively broadcast 15 Thursday Night Football games and one pre-season game annually on Prime Video. This deal, commencing in 2023, represents the NFL's first exclusive digital broadcast package. The Thursday Night Football lineup increases from 11 to 15 games, providing Prime members with exclusive access. The partnership aims to enhance fan engagement through original programming, in-game highlights, and interactive features, contributing to Amazon's strategy to grow its Prime membership.

Amazon Web Services has launched the general availability of the EC2 X2gd instances, powered by Arm-based Graviton2 processors. These instances provide up to 55% better price/performance compared to the previous X1 instances, enabling efficient handling of memory-intensive workloads. Notable customers like SmugMug and Synopsys report substantial cost savings and enhanced performance. The X2gd instances feature the lowest cost per GiB of memory in Amazon EC2 history. Available with no minimum commitments, they support various use cases, including in-memory databases and relational databases.

On March 12, the U.S. District Court of Rhode Island sentenced Michael Chaves to 30 months in prison for defrauding Amazon of over $50,000 through a fraudulent return scheme, along with charges of bank fraud, wire fraud, and tax evasion. Amazon actively supported the investigation and prosecution. The company emphasized its commitment to maintaining a safe shopping experience, stating that it has systems in place to detect and prevent fraudulent activities, thus protecting its customers and sellers.

Ipsos' new study reveals that a significant majority of Americans, 80%, believe the federal minimum wage of $7.25 is too low and should be increased to at least $15 per hour. The poll, which surveyed over 6,000 individuals, found that two-thirds support a $15 minimum wage. Many respondents indicated that those earning less than $15 struggle to afford basic necessities. Amazon, having raised its starting wage to $15 in 2018, is highlighted as a leader among large employers advocating for wage increases to enhance employee well-being.

Amazon.com plans to establish a new fulfillment center in Amarillo, Texas, creating over 500 full-time jobs with competitive pay and comprehensive benefits. The one million square-foot facility, expected to launch in early 2022, will focus on shipping larger items like furniture and outdoor equipment. Amazon has invested significantly in Texas, creating more than 70,000 jobs and contributing over $18.8 billion to the state's GDP. The new center is anticipated to benefit the local economy and enhance Amazon's operational capabilities in the Texas Panhandle.