Amazon CEO Andy Jassy believes its new generative AI tool called Rufus is going to meaningfully change what discovery looks like for its shopping experience and for its customers. He made the pronouncement during an earnings call with Wall Street Read more
Amazon carved up its national fulfillment network into 8 regions that will each be self-sufficient, doing so in order to lower costs and speed up delivery times. CEO Andy Jassy told investors about the change in his annual letter to Read more
Amazon CEO Andy Jassy attended his first earnings call on Thursday after replacing founder Jeff Bezos as chief executive in the summer of 2021. Don’t get used to it, but Jassy said he would attend calls from time to time Read more
Amazon named a new CEO to run a unit formerly called Worldwide Consumer that it has renamed Worldwide Amazon Stores. Company CEO Andy Jassy announced Doug Herrington is taking over as CEO of the unit. Herrington, who has been at Read more
People are still processing the impact of tornadoes that ripped through as many as 6 states late Friday and early Saturday, including the loss of many lives. CNN said officials fear the death toll could exceed 80. Amazon CEO Andy Read more
Amazon grew North American sales 10% in the third quarter year-over-year. It grew International sales 16% in the quarter for a total sales growth of 12% (not including its AWS technology division, which grew 39% and now comprises 15% of Read more
Online sellers will hear directly from Amazon CEO Andy Jassy at the marketplace’s annual seller conference taking place virtually next month. The conference, which is free, aims to help third-party sellers develop their businesses, enhance their brands, and partner with Read more
