Welcome to our dedicated page for Amazon Com news (Ticker: AMZN), a resource for investors and traders seeking the latest updates and insights on Amazon Com stock.
Amazon.com, Inc. (AMZN) remains a global leader in e-commerce, cloud computing, and technological innovation. This dedicated news hub provides investors and professionals with direct access to official press releases and curated analysis spanning Amazon’s diverse operations.
Discover real-time updates on earnings reports, AWS advancements, retail expansions, and leadership changes. Our repository serves as a strategic resource for tracking regulatory filings, sustainability initiatives, and emerging technologies like AI integration across Amazon’s ecosystem.
Key focus areas include marketplace developments, AWS service enhancements, Prime program evolution, and international growth strategies. Bookmark this page to efficiently monitor Amazon’s operational milestones and industry-shaping announcements.
Today, Easterseals Southern California and IMDbPro announced new efforts to enhance visibility and collaboration opportunities for entertainment professionals with disabilities. This year's Easterseals Disability Film Challenge invites filmmakers to showcase disability narratives. The competition aids aspiring creators, judged by industry leaders, with winners receiving IMDbPro memberships and featured films. The IMDbPro Discover tool enables talent search, fostering diversity in the entertainment sector. This initiative underscores IMDbPro's commitment to supporting underrepresented communities.
Amazon Original Stories will publish a new series of short stories by Keke Palmer, inspired by her popular Instagram characters which have garnered over 100 million views. The collection will be available as a Kindle eBook and an Audible audiobook, narrated by Palmer herself, in late Fall 2021. Her most popular character, Lady Miss Jacqueline, will feature prominently. The stories will tackle themes relevant to contemporary culture, appealing to Palmer's audience. Prime members will have free access, while non-members can purchase individual stories for $1.99.
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.
