UPS said it was cutting its business with Amazon in half by the middle of next year because of profitability concerns. Shares ...

The Chinese AI that has taken the internet by storm is now available for application use through Amazon’s cloud, the U.S.

It's hard to imagine Jamie Dimon not working on Wall Street—but the billionaire banker was at one point considering a move to ...

The layoffs are part of Amazon CEO Andy Jassy's ongoing efforts to reshape the company since he took over from founder Jeff ...

Twitch CEO Dan Clancy has gone on record to claim rival platforms merely replicated their formula for success, even going as far as to say “ Kick downright copied” them.

A restructuring plan is underway to kick-start sales after the conglomerate reported a 6 per cent sales dip in Q2.

UPS's CEO said Thursday that it would reduce the number of Amazon packages it handles as profit from those shipments shrinks. "This was not their ask," Carol Tomé said on an investor call.

UPS CEO confirms on the earnings call that the “accelerated glide down” of Amazon volumes was initiated by UPS. “This was not their ask. This was us. This was UPS taking control of our ...

Amazon has increased its ad spending on Elon Musk's X platform in a reversal from its previous decision to remove ads over ...

Amazon CEO Andy Jassy attributes the company's streamlined decision-making process to his continued leadership. As Amazon plans to cut thousands of middle management positions by March 2025 ...

UPS (UPS) CEO Carol Tome added that the current Amazon (AMZN) business is currently “extraordinarily dilutive” to profitability. Published first on TheFly – the ultimate source for real-time ...

Despite a slew of companies like Walmert, Meta and Amazon rolling back their diversity, equity and inclusion efforts, other ...