Amazon (AMZN) News

Amazon reportedly eyeing Signify Health as it continues push into healthcare

by Nate Bek on August 21, 2022August 22, 2022 at 8:14 am

Amazon is eying an acquisition of Signify Health in a deal that would further push the tech giant into healthcare. The Wall Street Journal reported Sunday that Amazon is among… Read More

Podcast

Understanding Amazon: Secrets of the company’s success, and where it’s headed next

by Todd Bishop on August 20, 2022August 20, 2022 at 10:48 am

Amazon is one of the most extraordinary business stories of our time. Many people in the tech industry have a general understanding of this story, picking up bits and pieces… Read More

Amazon sets global debut times for new ‘Lord of the Rings’ series on Prime Video

by Kurt Schlosser on August 16, 2022August 16, 2022 at 9:40 am

Amazon has set the premiere times for the global debut of the hotly anticipated Prime Video series “The Lord of the Rings: The Rings of Power.” Two episodes of the… Read More

Video

Amazon moves physical retail tech teams into cloud division, looking to accelerate third-party adoption

by Todd Bishop on August 15, 2022August 15, 2022 at 5:38 pm

Amazon is shifting tech teams for its physical stores from its consumer division to its Amazon Web Services cloud division, aiming to further expand the use of the company’s in-store… Read More

Podcast

What we learned from the life of early Amazon investor and Seattle business leader Tom Alberg

by Todd Bishop on August 13, 2022August 13, 2022 at 9:52 am

Seattle-based investor and business leader Tom Alberg, who died last week at the age of 82, was a key figure in the e-commerce and wireless industries, and in the Seattle… Read More

Amazon sues six alleged fake review sites — we chatted with one that didn’t believe suit was real

by Todd Bishop on August 12, 2022August 12, 2022 at 12:48 pm

Amazon has been targeting alleged sellers of fake product reviews for the past seven years, starting with the first suit of its kind in 2015. A new wave of suits… Read More

How Amazon’s mandate against media leaks helped to seal its $3.9B deal to acquire One Medical

by Todd Bishop on August 11, 2022August 12, 2022 at 9:10 pm

A new regulatory filing details Amazon’s behind-the-scenes talks for One Medical, leading up to the Seattle tech giant’s agreement to acquire the primary care company for $3.9 billion, announced by… Read More

Remembering Tom Alberg: How an understated investor had an outsized impact on Seattle tech

by Todd Bishop on August 8, 2022August 8, 2022 at 12:05 pm

Tom Alberg will be remembered publicly for everything he did to help create and shape the Seattle region’s tech industry, and for his early investment in Amazon, seeing the potential… Read More

Podcast

The state of the tech economy: Takeaways from Amazon, Apple, Microsoft, Meta and Alphabet

by Todd Bishop on August 6, 2022August 6, 2022 at 10:16 am

This week on the GeekWire Podcast, we play highlights and offer our thoughts on the recent earnings calls of Amazon, Apple, Microsoft, Meta and Alphabet, seeking to better understand what’s… Read More

As Amazon vacuums up iRobot, critics call on regulators to pull the plug on Big Tech deals

by Todd Bishop on August 5, 2022August 5, 2022 at 12:24 pm

Amazon’s proposed acquisition of Roomba maker iRobot for $1.7 billion could push its annual spending on acquisitions to a new high, when combined with its purchase of MGM for $8.45… Read More

Amazon to acquire Roomba maker iRobot for $1.7B

by Taylor Soper on August 5, 2022August 5, 2022 at 10:42 am

Amazon is set to make another major acquisition. The Seattle tech giant said Friday it will scoop up iRobot, the Boston-area company known for its Roomba vacuum, in a $1.7… Read More

Video

Amazon teaming with viral content creators Dude Perfect for alternate Prime Video football stream

by Kurt Schlosser on August 1, 2022August 1, 2022 at 2:21 pm

The NFL’s “Thursday Night Football” is already going to look different this season as Amazon becomes the exclusive home for the broadcast on Prime Video. Now the tech giant is… Read More

Amazon’s carbon footprint grew again – up 18% in 2021 – despite ongoing efforts to go green

by Lisa Stiffler on August 1, 2022August 1, 2022 at 11:06 am

Amazon’s carbon footprint grew 18% last year — the third straight year of increased emissions since the company started sharing the information. The Seattle-area company created the international Climate Pledge,… Read More

Amazon is partnering with GNC, PacSun, other retailers to offer same-day delivery

by Nate Bek on August 1, 2022August 1, 2022 at 10:13 am

Amazon announced Monday that it is launching same-day delivery options for items from retailers including PacSun, GNC, SuperDry and Diesel. The service, now available in select cities, is free for… Read More

Amazon is shutting down its cloud storage service Amazon Drive

by Taylor Soper on July 29, 2022July 29, 2022 at 8:00 am

Goodbye, Amazon Drive. Amazon sent emails out Friday morning to Amazon Drive users to notify them that the company is shutting down its cloud storage service on Dec. 31, 2023.… Read More

Amazon’s 1st-party online sales drop to 42% of business as 3rd-party units hit new high

by Todd Bishop on July 28, 2022July 28, 2022 at 5:24 pm

Amazon wants to expand long-term into areas such as a healthcare, self-driving taxis, and home robots, but two data points from its latest results reveal a more fundamental transformation already… Read More

Amazon sheds record 99k employees after overstaffing warehouses, will slow office hiring

by Todd Bishop on July 28, 2022July 29, 2022 at 10:35 am

Amazon’s direct workforce declined by 99,000 employees from the first to the second quarter, to 1.52 million people, the largest sequential drop in its history, after overstaffing its warehouses to… Read More

Amazon stock rises 10% as tech giant beats revenue expectations amid ‘inflationary pressures’

by Taylor Soper on July 28, 2022July 28, 2022 at 5:24 pm

Shares of Amazon rose more than 10% in after-hours trading after the Seattle tech giant beat revenue expectations for its second fiscal quarter. “Despite continued inflationary pressures in fuel, energy,… Read More

Full text: Microsoft’s multi-cloud vision would keep Amazon from running away with federal deals

by Todd Bishop on July 28, 2022July 28, 2022 at 11:00 am

A draft document circulated by Microsoft calls for the use of multiple cloud vendors as “the de facto standard for US Government Infrastructure as a Service (IaaS) and Platform as… Read More

Tech Moves: Amazon promotes two execs to SVP; Providence exec named Teladoc COO; and more

by Charlotte Schubert & Todd Bishop on July 26, 2022July 27, 2022 at 1:09 pm

— Amazon has promoted two executives to senior vice president: James Hamilton, a distinguished engineer at the company; and Drew Herdener, who leads worldwide communications. Both were previously vice presidents… Read More

Amazon earnings preview: Analysts watching how inflation, consumer spend impact revenue

by Taylor Soper on July 26, 2022July 26, 2022 at 10:09 am

Amazon reports second quarter earnings Thursday afternoon and analysts will be keeping a close eye on how ongoing inflation is affecting the company’s top and bottom lines. Revenue is expected… Read More

Can Amazon change healthcare? Experts sound off on tech giant’s $3.9B deal to buy One Medical

by Charlotte Schubert on July 25, 2022July 25, 2022 at 12:30 pm

Amazon’s planned $3.9 billion acquisition of One Medical will bring Amazon further into healthcare. But whether the Seattle tech giant will upend the medical system in the same way the company… Read More

Podcast

From White House to Amazon and Airbnb: Jay Carney on the intersection of tech and politics

by Todd Bishop on July 23, 2022July 23, 2022 at 10:20 am

Amazon’s head of global corporate affairs Jay Carney, the former White House press secretary under President Obama, made some news of his own this week, announcing that he’s leaving Amazon… Read More

Jay Carney checks out of Amazon, lands at Airbnb: Inside ex-White House press secretary’s tech career

by Todd Bishop on July 22, 2022July 23, 2022 at 9:56 am

Jay Carney, a former White House press secretary under President Obama, will leave his role as Amazon’s senior vice president of global corporate affairs to become Airbnb’s global head of… Read More

Amazon begins rollout of Rivian electric delivery vans across U.S. in drive to shrink carbon footprint

by Kurt Schlosser on July 21, 2022July 21, 2022 at 9:20 am

In a bid to make its fleet of delivery vehicles more sustainable and reduce its carbon footprint, Amazon began rolling out custom electric delivery vans made by Rivian on Thursday.… Read More

Amazon to acquire One Medical primary care company for $3.9B

by Todd Bishop on July 21, 2022July 21, 2022 at 7:53 am

Amazon announced a deal to acquire publicly traded primary care company One Medical for $3.9 billion, further fueling the Seattle-based tech giant’s ambitions in healthcare. The all-cash deal would be… Read More

Amazon aims to take Alexa automation to the next level with new ambient home developer kit

by Todd Bishop on July 20, 2022July 20, 2022 at 9:10 am

When you leave home and arm your security system, shouldn’t your robot vacuum know, without being told, that it’s time to get to work? Amazon thinks so. That’s one of… Read More

Amazon files lawsuit against thousands of Facebook group admins over fake reviews

by Taylor Soper on July 20, 2022July 20, 2022 at 8:47 am

Amazon is taking aim at fake reviews on its marketplace in a new lawsuit targeting more than 10,000 Facebook group administrators. The suit, filed this week in King County Superior… Read More

News Brief

Amazon rolls out big Prime Video redesign

by Taylor Soper on July 18, 2022July 18, 2022 at 12:45 pm

Prime Video is getting a makeover. Amazon announced Monday it is rolling out a new look and feel for its streaming service on “living room devices,” including Fire TV, and… Read More

Amazon’s drone delivery program will launch in Texas

by Taylor Soper on July 15, 2022July 15, 2022 at 8:21 am

Amazon is bringing its drones to Texas. The tech giant said Friday that customers in College Station, Texas, will be able to order products and get them delivered via drone… Read More