ANDREW JASSY

Two Black executives at Amazon are leaving the company.

Pay for CEOs who run the biggest U.S. companies soared 17.1% last year, up to a median of $14.5 million.

Amazon shareholders have voted against a proposal calling for an independent audit of working conditions at the company’s warehouses.

Amazon is planning to sublease some of its warehouse space because the pandemic-fueled surge in online shopping has slowed.

In the aftermath of their hard-won labor victory, Amazon workers in the New York City borough of Staten Island popped Champagne, cheered their victory and danced in celebration.

In his first letter to Amazon shareholders, CEO Andy Jassy offered a defense of the wages and benefits the company gives its warehouse workers while also vowing to improve injury rates inside the facilities.

Lawmakers have made good on their threat to seek a criminal investigation of Amazon, asking the Justice Department to investigate whether Amazon and its senior executives obstructed Congress or violated other laws in testimony on its competition practices.

Robotic vacuum cleaners wouldn't start.

Robotic vacuum cleaners halted in their tracks.

U.S. House lawmakers are threatening to seek a criminal investigation of Amazon, saying the tech giant has one “final chance” to correct previous testimony by executives on its competition practices.

Amazon says it will allow many tech and corporate workers to continue working remotely indefinitely as long as they can to commute to the office when necessary.

Some of the country’s leading technology companies have committed to investing billions of dollars to strengthen cybersecurity defenses and to train skilled workers.

The world’s return to almost normalcy is slowing down Amazon’s pandemic-induced sales surge.

Amazon founder Jeff Bezos has officially stepped down as CEO of the company he started out of his Seattle garage in 1995.

Amazon founder Jeff Bezos has picked a date to step down as CEO.

“To win in AI we need more money, more talent, stronger leadership,” Schmidt said Monday. It also calls for “wise restraints” on the use of AI tools such as facial recognition that can be used for mass surveillance. It’s still awaiting confirmation of a new director for the White House Office of Science and Technology Policy, which Biden has elevated to a Cabinet-level position. AdIt's been led by Schmidt, who was Google's CEO and later the executive chairman of its parent company Alphabet. AdThe commission asked Congress to make new laws requiring federal agencies to conduct human rights assessments of new AI systems used on Americans.

(AP Photo/Jeff Roberson)The NHL is taking another step forward in data, analytics, and puck and player tracking. The league has reached an agreement with Amazon Web Services to put all its video and data on the cloud. AdNHL Commissioner Gary Bettman and Amazon Web Services CEO Andy Jassy unveiled the deal on NBC Sports Network late Wednesday. Later this season, fans looking up stats on the NHL's website will get corresponding video clips and vice versa. “It kind of melts your mind with the number of opportunities that are sitting in front of us.”___More AP NHL: https://apnews.com/hub/NHL and https://twitter.com/AP_Sports

Andy Jassy, the incoming CEO of Amazon, is well known to Wall Street. Here's what you need to know about the Harvard Business School grad and what his elevation means for Amazon. Andrew Jassy, CEO of web services for Amazon.com, speaks at a conference in Houston, Texas, on March 11, 2019. F. Carter Smith/Bloomberg via Getty ImagesHe's a company manJassy has been at Amazon almost as long as founder Jeff Bezos. He'll have to defend Amazon's controversial decisionsAs head of AWS, Jassy hasn't escaped allegations of monopolistic behavior that have long dogged Amazon.

Andy Jassy, the incoming CEO of Amazon, is well known to Wall Street. Here's what you need to know about the Harvard Business School grad and what his elevation means for Amazon. Andrew Jassy, CEO of web services for Amazon.com, speaks at a conference in Houston, Texas, on March 11, 2019. F. Carter Smith/Bloomberg via Getty ImagesHe's a company manJassy has been at Amazon almost as long as founder Jeff Bezos. He'll have to defend Amazon's controversial decisionsAs head of AWS, Jassy hasn't escaped allegations of monopolistic behavior that have long dogged Amazon.

Amazon's market-leading cloud business crossed $10 billion in revenue for the first time in the first quarter. At $10.22 billion, Amazon Web Services revenue grew 33% on an annualized basis, the company said in a statement on Thursday. 2 cloud infrastructure provider, doesn't disclose revenue, although it said on Wednesday that revenue from the Azure cloud grew 59% in the quarter. Operating income from AWS totaled $3.08 billion, which was up 38% and above the $2.96 billion FactSet consensus estimate. AWS came close to the $10 billion mark in the fourth quarter, when it delivered $9.95 billion in revenue.