Charlie Bell, a former Amazon cloud executive, is reorganizing Microsoft's cybersecurity team after eight months after joining the company...
Continue ReadingBack in 2015 when Amazon launched a cool little event called Prime Day in hopes of dethroning the power of Black Friday, quite a few of us showed up to buy heavily discounted goodies (including a mind-boggling 24,000 Instant Pots). Now, it's seven years later, and Amazon Prime Day is not what it was when it launched. Not according to folks on the internet, at least, who take to forums like Reddit to talk about the days when Prime Day was actually a place to go for amazing deals, rather than just cheap facial massagers and sock organizers no one wants...
Continue ReadingSeattle-based Amazon doubled the size of its operations during the pandemic, adding more warehouses and workers to keep up with demand...
Continue ReadingAmazon (AMZN) seeks to reduce warehouse space by 10 million to 30 million square feet in 2022 after over-expanding during the pandemic...
Continue ReadingSEATTLE, May 23, 2022--AWS today announced the general availability of Amazon EC2 C7g instances powered by AWS-designed Graviton3 processors...
Continue ReadingHPE CEO Antonio Neri weighs in on the tech giant's business amid a host of recession fears clamping down on the markets...
Continue ReadingThe company has acknowledged it overbuilt as it sought to meet pandemic demand for online shopping, which appears to be easing...
Continue ReadingFortune released its annual Fortune 500 list on Monday, ranking the top publicly-traded companies by annual revenue. In total, 10 companies headquartered in the Pittsburgh region made the list, with companies moving up and down the rankings compared to last year...
Continue ReadingEarly in the trading day on Monday, shares of Roku (NASDAQ: ROKU) turned sharply lower, declining as much as 6.7%. The catalyst that sent the streaming pioneer tumbling was a report that a big player was entering the streaming device and connected-TV space. Microsoft (NASDAQ: MSFT) is working to expand is Xbox Cloud game-streaming platform...
Continue ReadingExactly two years after George Floyd was killed by police, sparking widespread protests and prompting companies to declare their commitments to racial justice, investors in a couple of Big Tech companies will vote Wednesday on an array of shareholder proposals that either specifically mention racial justice or are tied to it. Shareholders are urging Amazon.com Inc. (AMZN) and Meta Platforms Inc. (FB) to conduct racial-equity audits; explore the potential risks of the metaverse with respect to discrimination and civil-rights violations; examine a claim that Facebook is discriminating against employees deemed “non-diverse”; and more. Investors in Alphabet Inc. (GOOG) (GOOGL) also will vote on similar racial justice-related resolutions next week...
Continue Reading© 2026 Market News — All rights reserved