Amazon is a Seattle-based retailer and technology company primarily involved in e-commerce, cloud computing (Amazon Web Services), digital streaming and artificial intelligence. It owns dozens of ...

History of Amazon Amazon was launched out of the garage of founder Jeff Bezos in 1994. The company began operations in April, 1995 when, early on, Bezos famously hand-delivered orders to the post ...

Amazon on Friday said it acquired iRobot, the company that makes Roomba vacuums, for $1.7 billion.; The deal prompted concerns from data-privacy experts and antitrust researchers. People don't buy ...

The tech sector’s ongoing economic woes continue to hammer Amazon, resulting in the largest round of layoffs in the e-commerce giant’s history. The company will eliminate an additional 8,000 ...

Amazon CEO Jeff Bezos is stepping down this year. It’ll be the first time that the company won’t be run by Bezos; here’s a look at the history of the company to get an idea of just how ...

This past fall, Amazon announced it was cutting 6% of its 300,000-strong corporate workforce — the largest in its nearly 30-year-history. In its most recent earnings report, the company said its ...

Amazon plans to lay off about 10,000 employees in what would be the largest reduction in the company's history, according to reports. The New York Times reported the mass layoffs could begin as ...

Amazon’s history of disruption. The company is feared because it can grow businesses fast and take market share quickly. By JOSEPH PISANI AP Retail Writer; Wednesday, January 31, 2018 10:58am; ...

The 20:1 ratio dwarfed all previous ratios in the company's prior stock split history. Amazon's stock has split four times in total. The previous stock split occurred in July 1999, at 2:1.

Amazon said July 11 was the single largest sales day in the company’s history, but declined to provide totals. Shoppers bought 375 million items across the two days, up from 300 million last ...