Amazon
Recent Highlights
All Stories for Amazon
Wall Street closes higher, S&P 500 hits record as tech titans surge
Fp Staff •The S&P 500 closed at a record high on Monday as gains in tech heavyweights lifted Wall Street, though Apple shares slipped after its product launch event drew a muted investor response
In a first, Amazon's Project Kuiper signs deal with an airline for in-flight internet services
Fp Staff •Project Kuiper, a low Earth orbit satellite broadband internet network, will be applied to about a quarter of JetBlue's aeroplanes, the company said in an announcement on Thursday. The rollout of the new and improved Wi-Fi services will begin in 2027
Is Amazon monitoring its employees’ phones?
Fp Explainers •Since assuming the top role, Amazon CEO Andy Jassy has reportedly adopted a ‘hardline approach’ to change the way the company operates internally. The measures include monitoring how company-issued phones are used to check if the activity is work-related, along with requiring staff to return to the office five days a week
Big setback for China: Amazon shuts down Shanghai AI lab as US firms speed up retreat
Fp Staff •Amid geopolitical tensions and Communist Party's policies, Amazon has become the latest Western technology giant to scale back operations in China. Lately, IBM, Microsoft, and Apple, among others, have reduced their activities in China and have relocated operations.
To make Prime Day a success, Amazon asks engineers, marketers to 'volunteer' for home delivery in NYC
Fp Staff •Corporate employees will be required to pick up items, prepare carts and bags of groceries for delivery and pack boxes on receiving carts
Jeff Bezos changes Venice wedding venue: What do inflatable crocs have to do it?
Fp Explainers •Amazon CEO Jeff Bezos and his fiancé Lauren Sanchez have changed their wedding venue in Venice. Bezos and Sanchez were set to tie the knot this week at the Scuola Grande della Misericordia, a magnificent 16th Century building at the heart of the city. However, they have now been forced to move the grand ceremony to the Arsenale – a famous complex of shipyards in the eastern Castello district built in the 14th Century. But what happened? What do inflatable crocs have to do with it?
After $165 billion divorce, what does Jeff Bezos’ prenup with Lauren Sanchez contain?
Fp Explainers •Ahead of his grand wedding in Venice with fiancée Lauren Sanchez, Amazon founder Jeff Bezos is reportedly planning to sign an 'ironclad' prenuptial agreement that can 'survive any legal challenge'. This comes after the 61-year-old billionaire had to give $165 billion to his ex-wife, MacKenzie Scott, during their divorce settlement
'No space for Bezos': Why Amazon founder's lavish wedding has Venice divided
Fp Explainers •Amazon founder Jeff Bezos and American author Lauren Sanchez are reportedly planning to tie the knot at a lavish wedding in Venice this month. While the multi-million dollar affair is set to bring business and spotlight to the Italian city, many locals are unhappy about the upcoming nuptials
FirstUp: Verdict likely in French paedophile surgeon case, China to host Pacific Island leaders... Headlines of the day
Fp Explainers •The verdict is expected in the case of French paedophile surgeon Joel Le Scouarnec who is accused of raping and abusing 299 children during his career. China is set to host leaders from the Pacific Island nations for talks. In Europe, the Free Balochistan Movement (FBM) has planned protests across multiple cities
CCPA cracks down on sale of Pak flags, sends notices to Amazon, Flipkart
Fp Staff •In a post on X, Consumer Affairs Minister Pralhad Joshi mentioned Amazon, Flipkart, Ubuy India, Etsy, The Flag Company, and The Flag Corporation over the listing and sale of Pakistani flags, saying, "Such insensitivity will not be tolerated"