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Amazon Sellers Revolt Over New Reimbursement Policy

Amazon's latest move to change its reimbursement policy for lost or damaged inventory under its Fulfillment by Amazon (FBA) program has sparked outrage among third-party sellers, reports Modern Retail. The change, announced just before Christmas, will see Amazon reimburse sellers based on the manufacturing cost of the item,

Amazon Workers Stage Major Strike During Key Holiday Period

Thousands of Amazon workers across multiple US warehouses will walk off the job Thursday, disrupting the online retailer's operations during its busiest time of year, reports Reuters. The International Brotherhood of Teamsters (Teamsters) union, representing approximately 1% of Amazon's US hourly workforce, says the strike is

Amazon Delays Return-to-Office Mandate for Thousands

Amazon.com Inc. is delaying its return-to-office mandate for thousands of employees in multiple cities, pushing back full-time in-office work by as much as four months, reports Bloomberg. The move comes as the company struggles to accommodate its large workforce in existing office spaces. The company recently informed employees in

GitLab and AWS Team Up to Integrate AI Agents into Developer Workflow

GitLab and Amazon Web Services (AWS) have partnered to integrate Amazon's Q autonomous AI agents into GitLab's Duo AI assistant, aiming to boost developer productivity and accelerate software innovation, reports TechCrunch. This collaboration goes beyond a simple integration, involving joint engineering efforts to seamlessly link the

Amazon and Anthropic Team Up to Build World's Largest AI Supercomputer

Amazon is collaborating with Anthropic, a leading AI company, to construct one of the world's most powerful AI supercomputers, according to a report by WIRED. This mega-project, codenamed "Project Rainer," will be five times larger than the cluster used to build Anthropic's current most

Amazon Launches Budget-Friendly "Haul" Store to Target Shein and Temu

Amazon is launching a new mobile-only storefront called "Amazon Haul," designed to compete with low-cost retailers like Shein and Temu, reports CNN. The store features a wide array of products priced at $20 or less, with many items costing under $10. Amazon's move is a direct

Amazon Steps Up Effort to Rival Nvidia in AI Chip Market

Amazon is making significant strides in its quest to challenge Nvidia's dominance in the AI chip market, reports the Financial Times. The tech giant's cloud computing division is investing heavily in custom chips, spearheaded by Annapurna Labs, a chip start-up acquired by Amazon in 2015. The

Strong AWS Growth Powers Amazon Results

Amazon, the latest of the "magnificent seven" tech giants to report quarterly earnings, has exceeded Wall Street expectations, driven by strong growth in its cloud computing business, reports The Guardian. Shares in the e-commerce giant rose in after-hours trading following the announcement of revenue of $158.9 billion,