Welcome to our dedicated page for Amazon Com news (Ticker: AMZN), a resource for investors and traders seeking the latest updates and insights on Amazon Com stock.
The AMZN news page on Stock Titan aggregates official announcements and media coverage related to Amazon.com, Inc. across its retail, cloud, and services businesses. Amazon operates in the electronic shopping and mail-order houses industry, and its disclosures highlight multiple revenue streams, including retail activities, Amazon Web Services (AWS), and advertising services. News about AMZN often spans consumer offerings, enterprise technology, and partnerships with other organizations.
Recent items illustrate the breadth of Amazon-related developments. AWS has announced the AWS European Sovereign Cloud, an independent cloud environment located entirely within the European Union and designed to address digital sovereignty and data residency requirements for European governments and enterprises. Additional AWS news includes the introduction of Amazon EC2 M9g instances powered by the Graviton5 chip and collaborations with companies such as Zilliz and AUMOVIO on AI, vector databases, and autonomous driving workloads.
On the consumer and services side, Amazon Pharmacy has reported expanded access to medications like the Wegovy pill for weight management, offering insurance and cash-pay options with home delivery. Ring, described as an Amazon company, has introduced Fire Watch in the Ring app to provide real-time information during wildfire events. IMDb, also identified as an Amazon company, regularly publishes rankings of anticipated and popular movies, series, and stars based on user page views.
Investors and observers following AMZN news can use this page to review updates on AWS infrastructure, new technology offerings, business collaborations, retail and pharmacy services, and initiatives involving Whole Foods Market and Amazon Business. Bookmark this feed to monitor how Amazon’s activities in e-commerce, cloud computing, AI, and digital services are reflected in its ongoing public announcements.
Amazon (NASDAQ: AMZN) has secured a landmark 10-year agreement with the NFL to exclusively broadcast 15 Thursday Night Football games and one pre-season game annually on Prime Video. This deal, commencing in 2023, represents the NFL's first exclusive digital broadcast package. The Thursday Night Football lineup increases from 11 to 15 games, providing Prime members with exclusive access. The partnership aims to enhance fan engagement through original programming, in-game highlights, and interactive features, contributing to Amazon's strategy to grow its Prime membership.
Amazon Web Services has launched the general availability of the EC2 X2gd instances, powered by Arm-based Graviton2 processors. These instances provide up to 55% better price/performance compared to the previous X1 instances, enabling efficient handling of memory-intensive workloads. Notable customers like SmugMug and Synopsys report substantial cost savings and enhanced performance. The X2gd instances feature the lowest cost per GiB of memory in Amazon EC2 history. Available with no minimum commitments, they support various use cases, including in-memory databases and relational databases.
On March 12, the U.S. District Court of Rhode Island sentenced Michael Chaves to 30 months in prison for defrauding Amazon of over $50,000 through a fraudulent return scheme, along with charges of bank fraud, wire fraud, and tax evasion. Amazon actively supported the investigation and prosecution. The company emphasized its commitment to maintaining a safe shopping experience, stating that it has systems in place to detect and prevent fraudulent activities, thus protecting its customers and sellers.
Ipsos' new study reveals that a significant majority of Americans, 80%, believe the federal minimum wage of $7.25 is too low and should be increased to at least $15 per hour. The poll, which surveyed over 6,000 individuals, found that two-thirds support a $15 minimum wage. Many respondents indicated that those earning less than $15 struggle to afford basic necessities. Amazon, having raised its starting wage to $15 in 2018, is highlighted as a leader among large employers advocating for wage increases to enhance employee well-being.
Amazon.com plans to establish a new fulfillment center in Amarillo, Texas, creating over 500 full-time jobs with competitive pay and comprehensive benefits. The one million square-foot facility, expected to launch in early 2022, will focus on shipping larger items like furniture and outdoor equipment. Amazon has invested significantly in Texas, creating more than 70,000 jobs and contributing over $18.8 billion to the state's GDP. The new center is anticipated to benefit the local economy and enhance Amazon's operational capabilities in the Texas Panhandle.
(NASDAQ: AMZN) Amazon Music has announced a new integration of artist merchandise within its mobile app, enhancing the fan experience by allowing customers to shop for artist merch alongside music content. This feature showcases merchandise from artists like Billie Eilish, Jack Harlow, and Lady Gaga, available with Prime shipping. Additionally, exclusive collections, including items from Selena Gomez and Weezer, are now offered. The goal is to deepen artist-fan connections by uniting various entertainment forms in one platform.
Amazon Web Services (AWS) has launched new Amazon Elastic File System (EFS) One Zone storage classes, reducing storage costs by 47% compared to existing options. These classes are designed for workloads that do not require the high availability of regional EFS, offering lower costs without compromising on features. Customers only pay for the storage they use, which starts at $0.043/GB-month. One Zone storage classes provide 99.9% availability and are available in multiple regions worldwide. This innovation aims to help businesses optimize costs while maintaining necessary features.
Amazon Web Services (AWS) has been selected as the Official Cloud Provider for the PGA TOUR. This partnership aims to enhance golf content creation and distribution, providing fans with more personalized experiences. AWS will deliver machine learning and media services to transform tournament footage into engaging digital content, including Every Shot Live streaming for real-time shot access. Additionally, AWS will build a data lake to archive 100 years of multimedia content, enhancing access for fans. AWS will also support the First Tee youth organization, reaching over 3.7 million youngsters annually.
Amazon Web Services (AWS), a subsidiary of Amazon.com (NASDAQ:AMZN), has launched its new AWS Asia Pacific (Osaka) Region, expanding its existing Osaka Local Region. This new region features three Availability Zones, enhancing service availability and reducing latency for users in Japan. With 80 Availability Zones across 25 global regions, AWS aims to meet growing customer demands for cloud services. Key customers utilizing this new region include Mitsubishi UFJ Financial Group and Sony Bank, which have shifted significant workloads to AWS, underscoring the growing reliance on cloud computing in Japan.
IMDbPro has enhanced its platform by adding thousands of searchable cast and crew notices through partnerships with Staff Me Up, Casting Calls America, and Crew Calls America. This expansion provides access to over 30 job categories, including actor, writer, and director roles. IMDbPro's commitment to supporting entertainment professionals amid COVID-19 includes a feature for work-from-home job searches and free access to video conferencing via Amazon Chime. The updates also incorporate the IMDbPro Discover tool, allowing users to find talent based on their experience.