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A National Labor Relations Board judge found Amazon CEO Andy Jassy broke labor law by suggesting employees would be "less empowered" if they voted in a union.The judge cited interviews Jassy gave to CNBC, Bloomberg and The New York Times in 2022.The interviews coincided with an upswing in organizing activity in Amaz...

HashiCorp software helps organizations manage cloud infrastructure and security credentials.The company's revenue jumped almost 23% in the most recent fiscal year, compared with 2% for IBM. HashiCorp at the Nasdaq MarketSite on Dec. 9, 2021.Source: NasdaqHashiCorp shares jumped almost 20% on Tuesday following a medi...

Less than eight years after introducing the Snowmobile at its Reinvent conference in Las Vegas, Amazon has taken the 18-wheeler out of service. Amazon Web Services designed the semi to help customers move large amounts of data to the cloud.A page on the AWS website devoted to products for large-scale data migration ...

The cuts affect hundreds of staffers in AWS' store technology and sales and marketing units.Sales growth in AWS' has decelerated in recent quarters as companies trimmed their cloud spend.A day earlier, Amazon said it would remove its cashierless checkout technology from its U.S. Fresh stores.Attendees walk through a...

Jakub Porzycki | Nurphoto | Getty ImagesAmazon is making its largest outside investment in its three-decade history as it looks to gain an edge in the artificial intelligence race. The tech giant said it will spend another $2.75 billion backing Anthropic, a San Francisco-based startup that's widely viewed as a front...

Rivian Automotive unveiled three new vehicles and announced more than $2 billion in savings related to pausing construction on a plant in Georgia. The R2 is expected to start at about $45,000 when it goes on sale during the first half of 2026. The company also announced the R3 and R3X crossovers. The announcements c...

The FTC and a group of attorneys general have sued to block the merger of Kroger and Albertsons.In a news release, the federal agency said the deal would result in higher prices for grocery shoppers and lower wages for workers. Kroger and Albertsons had struck a deal to divest over 400 stores and other assets to try...

A jobseeker attends a jobs fair in Castle Hayne, North Carolina, US, on Wednesday, Sept. 20, 2023.Bloomberg | Bloomberg | Getty ImagesMany of the market's top companies with the largest workforces in the nation are touting degreeless jobs and actively removing degree requirements from more job postings. The idea of ...

OpenAI CEO Sam Altman is seeking trillions of dollars in investments to overhaul the global semiconductor industry, The Wall Street Journal reported.Altman has long talked of the supply-and-demand problem with AI chips — many AI giants want them, but there aren't enough to go around — and that it limits OpenAI's gro...

The iRobot headquarters in Bedford, Massachusetts, US, on Friday, June 16, 2023. Amazon.com Inc.'s proposed $1.7 billion deal to buy robot vacuum firm iRobot Corp. was given the all-clear by the UKs antitrust agency. Photographer: Sophie Park/Bloomberg via Getty ImagesBloomberg | Bloomberg | Getty ImagesAmazon said ...

So far in January, some 23,670 workers have been laid off, the most in any month since March, according to the website Layoffs.fyi.The downsizing comes at the same time as investors are becoming more bullish on tech.The Nasdaq is at its highest since early 2022, and Alphabet, Meta and Microsoft have all reached fres...

Amazon continues to trim its headcount after a year of mass layoffs. Beginning at the end of 2022 and continuing through 2023, Amazon initiated the largest layoffs in its history, cutting more than 27,000 jobs across almost every area of the company.Team,We've taken significant steps towards our long-term vision of ...