Amazon.com Inc

FILE - An Amazon Prime truck is seen on Friday, April 5, 2024, in Portland, Ore. Amazon will reports earnings on Tuesday, April 30, 2024. (AP Photo/Jenny Kane, File)

Amazon reports strong 1Q results driven by its cloud-computing unit and Prime Video ad dollars

Amazon has reported strong results for the first quarter. The Seattle-based e-commerce giant said it earned $143.31 billion in revenue in the first three months of this year.

In this photo provided by Carrie Clark of Lehi, Utah, is Galena, a 6-year-old house cat. Clark says Galena went missing after jumping into a box being returned to Amazon without its owners noticing. (Carrie Clark via AP Photo)

Utah cat with a fondness for cardboard takes surprise trip to California in an Amazon box

FILE - A person pushes the doorbell on his Ring doorbell camera, July 16, 2019, at his home in Wolcott, Conn. The Federal Trade Commission is sending $5.6 million in refunds to consumers as part of a settlement with Amazon-owned Ring, which was charged with failing to protect private video footage from outside access. (AP Photo/Jessica Hill, File)

FTC sends $5.6 million in refunds to Ring customers as part of video privacy settlement

Seattle Kraken goaltender Joey Daccord defends against a Minnesota Wild shot during the third period of an NHL hockey game Thursday, April 18, 2024, in St. Paul, Minn. (AP Photo/Abbie Parr)

Seattle Kraken move games to over-the-air broadcaster with streaming on Amazon’s Prime Video

Amazon cloud computing unit plans to invest $11 billion to build data center in northern Indiana

A guide to what to get Mom for Mother’s Day

Mother’s Day is fast approaching on May 12. Here’s a guide to Mother’s Day gift ideas.

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A missing Utah cat ends up in Amazon warehouse after sneaking into a return box

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Artificial intelligence expected to dominate consumer technology trade show CES in Las Vegas

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Amazon, Pinterest rise; Starbucks, CVS Health fall, Wednesday, 5/1/2024

Stocks that traded heavily or had substantial price changes on Wednesday: Amazon, Pinterest rise; Starbucks, CVS Health fall.

How major US stock indexes fared Monday, 4/29/2024

Stocks edged higher as Wall Street readies for a week packed with potentially market-moving news.

The S&P 500 rose 0.3% Monday.

File - Arthur Mensch, cofounder and CEO of Mistral AI, attends the UK Artificial Intelligence (AI) Safety Summit in Bletchley, England on Nov. 2, 2023. The Competition and Markets Authority said it's looking into Microsoft's partnership with France's Mistral AI and the company's hiring of key staff from another startup, Inflection AI. (Toby Melville/Pool Photo via AP, File)

Microsoft and Amazon face scrutiny from UK competition watchdog over recent AI deals

British competition regulators say they’ll scrutinize recent artificial intelligence deals by Microsoft and Amazon over concerns that the moves could thwart competition in the AI industry.

Kroger, Albertsons — still hoping to merge — agree to sell more stores to satisfy regulators

Supermarket chains Kroger and Albertsons say they will sell more of their stores in an effort to quell the federal government’s concerns about their proposed merger.

FILE - An Amazon Fresh grocery store is seen, Feb. 4, 2022, in Warrington, Pa. Amazon is removing Just Walk Out technology from its Amazon Fresh stores as part of an effort to revamp the grocery chain. (AP Photo/Matt Rourke, File)

Amazon removed Just Walk Out from many of its own stores but wants to sell the system to others

Amazon wants other businesses to know it’s not giving up on its Just Walk Out technology. Although the company is ditching the cashier-less checkout system at its Amazon Fresh grocery stores, it plans to sell the technology to more than 120 third-party businesses this year.

How major US stock indexes fared Thursday, 4/11/2024

Jumps for Big Tech stocks helped U.S. stock indexes claw back much of their slide from the day before, when worries that interest rates may stay high for a while rocked Wall Street.

FILE - In this Friday, July 14, 2017, file photo, computer scientist Andrew Ng poses at his office in Palo Alto, Calif. Amazon announced Thursday, April 11, 2024, that it added artificial intelligence visionary Andrew Ng to its board of directors amid intense AI competition among startups and big technology companies. (AP Photo/Eric Risberg, File)

Amazon adds Andrew Ng, a leading voice in artificial intelligence, to its board of directors

Amazon is adding artificial intelligence visionary Andrew Ng (EE-ng) to its board of directors. Ng is known for leading AI teams at the Chinese tech company Baidu and Google, where his team taught a computer system to recognize cats in YouTube videos without ever being taught what a cat was.

A currency trader watches monitors near the screen showing the Korea Composite Stock Price Index (KOSPI), left, and the foreign exchange rate between U.S. dollar and South Korean won at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Friday, April 12, 2024. Asia stocks were mostly lower on Friday after gains for Big Tech shares helped U.S. stock indexes claw back much of their slide from the day before. (AP Photo/Ahn Young-joon)

Stock market today: Asia stocks are mostly lower after Wall St rebound led by Big Tech

Asia stocks are mostly lower after gains for Big Tech shares helped U.S. stock indexes claw back much of their slide from the day before.

FILE - In this Tuesday, Aug. 20, 2013 photo, Cesar Conde speaks about the Fusion tv network during a tour of the facilities in Miami. Most news organizations hold its journalists to strict ethical standards to avoid conflicts of interest either real or perceived. Is the same true for its bosses? Outside corporate positions held by NBC Universal News Group chief Cesar Conde and CNN boss Mark Thompson reveal an ethical issue that has received little discussion. Should people who supervise news organizations, even if their background is more corporate than journalistic, be held to the same standards as their journalists? (AP Photo/Wilfredo Lee, File)

Outside roles by NBC’s Conde, others reveal a journalism ethics issue: being paid to sit on boards

Most news organizations hold its journalists to strict ethical standards to avoid conflicts of interest either real or perceived. Is the same true for its bosses?

FILE - Chris Smalls, president of the Amazon Labor Union, speaks at a rally outside an Amazon warehouse on Staten Island in New York, April 24, 2022. Within union ranks, some felt Smalls was spending too much time traveling and giving speeches instead of organizing workers on Staten Island. (AP Photo/Seth Wenig, File)

Two years after its historic win, a divided Amazon Labor Union lurches toward a leadership election

The first labor union for Amazon workers in the United States is divided, running out of money and still does not have a contract two years after clinching a historic victory in New York City.

Dr. Pei Wang teaches a artificial general intelligence class at Temple University in Philadelphia, Thursday, Feb. 1, 2024. Mainstream AI research "turned away from the original vision of artificial intelligence, which at the beginning was pretty ambitious,” said Wang. (AP Photo/Matt Rourke)

Tech companies want to build artificial general intelligence. But who decides when AGI is attained?

There’s a race underway to build artificial general intelligence, a futuristic vision of machines that are broadly as smart as humans or at least can do many things as well as people can.

This image provided by the U.S. Consumer Product Safety Commission shows BLACK+DECKER Model HGS011 Easy Garment Steamers. About two million Black & Decker-branded clothing steamers are now under recall, Thursday, April 4, 2024, after consumers reported dozens of burn injuries that resulted from hot water spewing out of the products. According to the Consumer Product Safety Commission, Empower Brands is significantly expanding a previously-announced recall of Black & Decker Model HGS011 Easy Garment Steamers. (U.S. Consumer Product Safety Commission via AP)

2 million Black & Decker clothing steamers are under recall after dozens of burn injuries

About 2 million Black & Decker-branded clothing steamers are now under recall after consumers reported dozens of burn injuries that resulted from hot water spewing out of the devices.

FILE - Billionaire philanthropist MacKenzie Scott arrives at the Vanity Fair Oscar Party, March 4, 2018, in Beverly Hills, Calif. Scott announced Tuesday, March 19, 2024 she would give $640 million to more than 360 organizations in response to an application process she launched last year. The award is more than double the amount that she initially promised in an “open call” for applications. (Photo by Evan Agostini/Invision/AP, File)

What is next for billionaire philanthropist MacKenzie Scott’s giving?

Much about billionaire philanthropist MacKenzie Scott’s giving remains a mystery, but a recent round of grants to nonprofits offer some insights.

Amazon is cutting hundreds of jobs in its cloud computing unit AWS

Amazon said Wednesday it’s cutting hundreds of jobs in its cloud computing unit AWS as part of a strategic shift.

FILE - An Amazon Fresh grocery store is seen, Feb. 4, 2022, in Warrington, Pa. Amazon is removing Just Walk Out technology from its Amazon Fresh stores as part of an effort to revamp the grocery chain. (AP Photo/Matt Rourke, File)

Amazon is removing Just Walk Out technology from its Fresh grocery stores in the US

Amazon is removing Just Walk Out technology from its Amazon Fresh stores as part of an effort to revamp the grocery chain.

Amazon pours an additional $2.75 billion into AI startup Anthropic

Amazon says it is pouring an additional $2.75 billion into Anthropic, bringing its total investment in the artificial intelligence startup to $4 billion.

FILE - In this Sept. 28, 2021 file photo, people try out iPhone products at an Apple Store in Beijing. The Supreme Court on Tuesday, Jan. 16, 2024 allowed a court order to take effect that could loosen Apple's grip on its lucrative iPhone app store, potentially siphoning billions of dollars away from one of the world's most profitable companies. (AP Photo/Andy Wong, file)

Justice Department sues Apple, alleging it illegally monopolized the smartphone market

The Justice Department on Thursday announced a sweeping antitrust lawsuit against Apple, accusing the tech giant of engineering an illegal monopoly in smartphones that boxes out competitors, stifles innovation and keeps prices artificially high.

FILE - Google's first datacenter in Germany is pictured during its inauguration in Hanau near Frankfurt, Germany, Oct. 6, 2023. New European Union rules aimed at preventing tech companies from dominating digital markets will change what people see online starting Thursday, March 7, 2024. (AP Photo/Michael Probst, File)

Europe’s Digital Markets Act is forcing tech giants to make changes. Here’s what that will look like

Europeans scrolling their phones and computers this week will get new choices for default browsers and search engines, where to download iPhone apps and how their personal online data is used.

FILE - A person heads into a Target store Thursday, Jan. 11, 2024, in Lakewood, Colo. The company is slated to announce fourth-quarter financial results on Tuesday, March 5, 2024, hours before it holds its annual meeting with investors and analysts. The results and executive comments should offer more clues on shopper behavior in a still tough economic environment. (AP Photo/David Zalubowski, File)

Target launches new paid membership program in a bid to drive sales

Target, looking for ways to reverse a sales malaise, is getting into Amazon territory: the paid membership game.

How major US stock indexes fared Monday, 2/26/2024

Stocks drifted lower on Wall Street, pulling the market slightly below the record highs it reached last week. The S&P 500 slipped 0.4% Monday.

FILE - A Kroger grocery store is seen, Jan. 23, 2021, in Novi, Mich. The Federal Trade Commission on Monday, Feb. 16, 2024, sued to block a proposed merger between grocery giants Kroger and Albertsons, saying the $24.6 billion deal would eliminate competition and lead to higher prices for millions of Americans. (Ed Pevos/Ann Arbor News via AP, File)

US sues to block merger of grocery giants Kroger and Albertsons, saying it could push prices higher

The Federal Trade Commission is suing to block a proposed merger between grocery giants Kroger and Albertsons.

Amazon joins 29 other ‘blue chip’ companies in the Dow Jones Industrial Average

Amazon.com is joining the ranks of one of Wall Street’s oldest and most exclusive stock indexes: The Dow Jones Industrial Average.

How major US stock indexes fared Wednesday, 2/21/2024

Stocks ended mostly higher on Wall Street after a listless day of trading. The S&P 500 edged up 0.1%.

Amazon will be added to the Dow Jones Industrial Average, replacing Walgreens Boots Alliance

Amazon.com Inc. is being added to the Dow Jones Industrial Average, joining Apple, Walt Disney, Walmart and other companies that make up the 30-stock average.

Walmart to acquire smart TV maker Vizio for $2.3 billion in bid to boost its advertising business

Walmart is buying the smart TV maker Vizio for $2.3 billion as it attempts to expand its rapidly growing advertising business to compete with Amazon.

Amazon argues that national labor board is unconstitutional, joining SpaceX and Trader Joe’s

Amazon is arguing in a legal filing that the 88-year-old National Labor Relations Board is unconstitutional.

Mexican regulators recommend that Amazon wall off Prime TV, reveal its algorithms and open delivery

Mexican regulators have recommended that online retailers Amazon and Mercado Libre reveal their algorithms and wall off TV streaming to avoid stifling competition.

FILE - Amazon CEO Jeff Bezos speaks at the Amazon re:MARS convention in Las Vegas on June 6, 2019. Bezos filed a statement with federal regulators indicating his sale of nearly 12 million shares of Amazon stock worth more than $2 billion on Feb. 7, 2024, and Feb. 8. (AP Photo/John Locher, File)

Jeff Bezos sells nearly 12 million Amazon shares worth at least $2 billion, with more to come

Jeff Bezos has filed a statement with federal regulators indicating his sale of nearly 12 million shares of Amazon stock worth more than $2 billion.

How major US stock indexes fared Friday, 2/9/2024

Wall Street closed out its latest winning week with another milestone, the S&P 500’s first close above 5,000.

The New York Stock Exchange on Wednesday, June 29, 2022 in New York. Stocks are off to a weak start on Friday, continuing a dismal streak that pushed Wall Street into a bear market last month as traders worry that inflation will be tough to beat and that a recession could be on the way as well. (AP Photo/Julia Nikhinson)

Wall Street waltzes past its latest milestone as S&P 500 closes above 5,000

Wall Street set its latest record after the S&P 500 rose 0.6% to close above the 5,000 level for the first time.