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☆ Amazon's Zoox under investigation by NHTSA after two robotaxi crashes
▼ + stars: | 2024-05-13 | by ( Annie Palmer | In Annierpalmer | ) www.cnbc.com time to read: +2 min

U.S. safety regulators have opened a probe into Amazon -owned robotaxi venture Zoox after two of its autonomous SUVs braked suddenly and were rear-ended by motorcyclists. In both cases, motorcyclists collided into the Zoox vehicles, which led to minor injuries. NHTSA said it confirmed each of the Zoox cars were operating in autonomous mode when the incidents occurred. Both of the collisions took place during the daytime and within the operational design limits of Zoox's autonomous system. Last March, the agency said it would investigate Zoox's self-certification in 2022 that its robotaxi met federal safety standards.

Persons: braked, Zoox Organizations: Toyota, Amazon.com, Consumer Electronics, Traffic Safety Administration, Toyota Highlanders, NHTSA, Amazon Locations: Las Vegas , Nevada, crosswalks, Zoox, Foster City , California

☆ How Fox's Tubi captured Gen Z's attention and became the fastest-growing streaming service
▼ + stars: | 2024-05-13 | by ( Lucia Moses | ) www.businessinsider.com time to read: +8 min

TubiHow Tubi found a Gen-Z audienceTubi, which was acquired by Fox in 2020 for $440 million, didn't deliberately aim at Gen Z when it started in 2014. Because Gen Z spends so much time on social media, they're used to entertainment being free. "Gen Z is orienting themselves around shared interests, subculture interests. The plan is to turn fans into promotors, recognizing that Gen Z is heavily influenced by their friends' recommendations; the initiative is in beta. My thesis is not that people are going to cancel their Netflix subscriptions and go running to Tubi," Parlapiano said.

Persons: Tubi, Peacock, Max, Gen, Nicole Parlapiano, It's, it's, Rupert Murdoch, Fox, There's, didn't, they're, Parlapiano, we've, Carter, Anne Hathaway, Bijou Phillips, Joseph Gordon, Levitt, Chris Baker, Issa Rae's, Bridgerton's, Nicola Coughlan Organizations: Service, Fox, Nielsen, Disney, Hollywood, Business, YouTube, Netflix, FAST, ColorCreative, promotors Locations: Tinder, Tubi

☆ OpenAI chief Sam Altman just showed he has what Tim Cook really wants — but Apple still has one big advantage
▼ + stars: | 2024-05-13 | by ( Katie Notopoulos | ) www.businessinsider.com time to read: +3 min

Read previewAfter OpenAI unveiled its latest ChatGPT iteration, one tech executive is probably super jealous: Apple's Tim Cook. as you do with Apple's assistant. The comparisons to the female voice assistant from the movie "Her" were so obvious even OpenAI CEO Sam Altman tweeted about it. OpenAI clearly has made a voice assistant chatbot that is way more advanced than Siri currently is, and Tim Cook must be sweating a little. But Apple still has a big advantage whenever it updates Siri with an AI makeover: It's already the voice assistant on your iPhone — and that's huge.

Persons: —, OpenAI, Tim Cook, Siri, Alexa, Mira Murati, It's, Sam Altman, Apple's Siri, it's, Amazon's, chatbot Organizations: Service, Business, Apple, New York Times, Spotify Locations: ChatGPT

☆ ChatGPT just made AI more human, and it should make its rivals nervous
▼ + stars: | 2024-05-13 | by ( Ana Altchek | ) www.businessinsider.com time to read: +7 min

The AI company basically planted a flag in the sand emblazoned with two words aimed at its Big Tech rivals: your move. The newest version of the AI chatbot, powered by OpenAI's new flagship AI model GPT-4o, can reason across audio, vision, and text in real time. AdvertisementAll the while, the voice assistant maintained a lighthearted and cheerful tone. In another instance, ChatGPT said the researcher was making it blush when he said he was talking about how "useful and amazing" ChatGPT was. Meanwhile, Amazon had plans to release an "Alexa Plus" paid version of the voice assistant that's powered by generative AI, Business Insider's Eugene Kim first reported.

Persons: —, Sam Altman, Mira Murati, Scarlett Johansson, Spike, Mark, ChatGPT, OpenAI, Alexa, Apple's Siri, Siri, There's, Insider's Eugene Kim Organizations: Service, Big Tech, Business, Warner Bros, Google, Apple, Amazon Locations: ChatGPT

☆ Microsoft and Amazon to invest $5.6 billion into France as Macron courts tech giants
▼ + stars: | 2024-05-13 | by ( Ryan Browne | ) www.cnbc.com time to read: +3 min

Microsoft said in a statement Monday that it's committing 4 billion euros ($4.3 billion) toward expanding its cloud and AI infrastructure in France, in addition to funding AI skilling and support for France's technology industry. The announcement was made during the "Choose France" summit, a gathering dedicated to encouraging foreign investment in France. Amazon, meanwhile, made a commitment of its own to invest 1.2 billion euros in France. Collectively, the commitments from Microsoft and Amazon to France amount to $5.6 billion of funding. In total, France reportedly bagged a record 15 billion euros of investment commitments from foreign companies at an annual "Choose France" summit on Monday.

Persons: it's, ”, Brad Smith, “, —, Frederic Duval, Duval, Emmanuel Macron, Macron, Redmond Organizations: Microsoft, Amazon, Facebook, FAIR, Mistral Locations: Athens, Greece, France, French, Mulhouse, Amazon's, Paris, Washington, Mistral

☆ Warren Buffett's selling stocks like Apple as he sees trouble ahead — but he'll spend if markets crash: elite strategist
▼ + stars: | 2024-05-12 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +3 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewWarren Buffett is cashing in stocks like Apple because he knows the good times won't last — but he'll spend big once disaster strikes, a veteran strategist says. AdvertisementThe conglomerate's disposals fueled a $21 billion increase in its stack of cash and Treasurys to a record $189 billion. Related storiesDietrich underscored that as a value investor, Buffett prizes underpriced assets and avoids expensive ones. Apple, which remains Buffett's largest stock holding by far, has more than tripled in value since he finished building the position in 2018.

Persons: —, Warren Buffett, Paul Dietrich, Riley Wealth, Buffett, Dietrich, He's, Jeff Bezos, Jamie Dimon, Meta's Mark Zuckerberg, he'll, Goldman Sachs, Davidson Organizations: Service, Apple, Business, Berkshire Hathaway, Berkshire, Walmart, downturns, Electric, Dow Chemical Locations: Berkshire

Learn moreAhead of Mother's Day weekend, Amazon is offering several great discounts to make shopping easier. With that in mind, we've gathered some of the best Amazon deals we've found for this weekend. Keep scrolling to find more of our favorite deals Amazon is offering right now. Amazon sale quicklinks Amazon Devices : Get up to 50% off Amazon Devices including Echo, Kindle, and Fire TV: Get up to 50% off Amazon Devices including Echo, Kindle, and Fire TV Beauty : Save on Aveeno, Neutrogena, Clean & Clear, and more. Shop at AmazonThis is just a small sample of this weekend's top Amazon sale picks.

Persons: we've, Max Organizations: Business, Foundation, Devices, Amazon Devices, Logitech, Apple, Amazon Beats, Pro, Applecare

☆ 5 people share the different ways they landed jobs at Big Tech companies
▼ + stars: | 2024-05-10 | by ( Ella Hopkins | Shubhangi Goel | ) www.businessinsider.com time to read: +6 min

Read previewGetting a foot in the door at one of the four Big Tech companies — Meta, Google, Apple, and Amazon — can require years of training, an expensive education, and many interviews. Business Insider spoke to five people who landed jobs at Big Tech companies about how they learned the skills and experience that landed them the role — and how they showcased those skills during the interview. AdvertisementGriffin worked as a software engineer for Rotten Tomatoes, Vox, and Shopify before applying for jobs at Apple four times. Griffin landed a role as a software engineer at Apple and worked at the company for two years. "I took it to get my foot in the door of a Big Tech company and build credibility," he told BI.

Persons: —, Corey Griffin, Apple Corey Griffin, Griffin, Vox, tara Larsen, Tara Larsen, Larsen, Sahil Gaba, Sandeep Rao, Big Tech Sandeep Rao, Rao, Zubin Pratap, Pratap, he'd Organizations: Service, Big Tech, — Meta, Google, Apple, Business, C3G Media, Rotten, Amazon, Gaba, BI, Meta, Oracle, Carnegie Mellon University Locations: Big Tech, Amazon, India

☆ Amazon's AWS to double down on Singapore with additional $9 billion cloud investment
▼ + stars: | 2024-05-07 | by ( Sheila Chiang | In Sheilachiang | ) www.cnbc.com time to read: +1 min

BARCELONA, SPAIN - JANUARY 31: A logo sits illuminated outside the Amazon Web Services (AWS) booth at ISE 2023 and IOT Solution World Congress at Fira Barcelona on January 31, 2023 in Barcelona, Spain. (Photo by Cesc Maymo/Getty Images)SINGAPORE — Amazon Web Services on Tuesday said it will invest an additional 12 billion Singapore dollars (about $8.87 billion) over the next five years to grow its cloud infrastructure and services in Singapore. "The investment will go into the construction and build up of the DC capabilities, all associating with the Asia-Pacific Singapore region," Priscilla Chong, country manager of AWS Singapore, told CNBC's "Street Signs Asia" on Tuesday. The U.S. tech giant's cloud computing arm launched its first Asia-Pacific region in Singapore in 2010 – its first foray outside of the U.S. and Europe. Since then, AWS said it has pumped over SG$11 billion into Singapore's cloud infrastructure and ecosystem.

Persons: Cesc Maymo, Priscilla Chong, CNBC's, Chong Organizations: Amazon Web Services, Fira Barcelona, Integrated Systems, Services, AWS Singapore, ASEAN Locations: BARCELONA, SPAIN, Barcelona, Spain, Integrated Systems Europe, SINGAPORE, Singapore, Asia, Pacific Singapore, U.S, Pacific, Europe

☆ Meet nuclear power's newest fans: data centers
▼ + stars: | 2024-05-06 | by ( Daniel Geiger | Ellen Thomas | ) www.businessinsider.com time to read: +11 min

The deal illustrates data centers' new-found interest in nuclear power. Joe Dominguez, the CEO of Constellation, the nation's largest operator of nuclear plants, said in a March earnings call that powering data centers with nuclear energy was "kind of a perfect marriage." AdvertisementVistra, another nuclear owner, also indicated it was arranging data center deals for a nuclear plant it owns in Ohio and one in Texas. Greg Poulos, the executive director of a PJM watchdog group, said that "one of my highest priority, highest radar items" is how data centers could push costs onto consumers and also whether nuclear data centers deals could reduce grid reliability. Beyond the nuclear optionNot all data centers, of course, are seeking out nuclear power to seize their energy independence.

Persons: —, Wes Swenson, Swenson, Joe Dominguez, Jim Burke, Ralph La Rossa, La Rossa, Steve Helber, Burke, Dominguez, PJM, Michael Jacobs, Brian Janous, Greg Poulos, Poulos, Biden Organizations: Service, Susquehanna, Amazon, Business, US Energy Information Administration, Nuclear, Constellation, Public Service Enterprise Group, Microsoft, International Energy Agency, Dominion Energy, Talen Energy, Energy, Union of Concerned Locations: Pennsylvania, Salt Lake City, Ohio, Texas, New Jersey, Our, Jersey, Virginia, Chester , Va, Susquehanna, Chicago, New York City

☆ Workday Has Become the Most-Hated Workplace, Business Software
▼ + stars: | 2024-05-06 | by ( Matt Alston | ) www.businessinsider.com time to read: +13 min

Every HR professional and hiring manager I spoke with — whose lives are supposedly made easier by Workday — described Workday with a sense of cosmic exasperation. "Workday does not have oversight or control of our customers' job application processes.") If candidates hate Workday, if employees hate Workday, if HR people and managers processing and assessing those candidates and employees through Workday hate Workday — if Workday is the most annoying part of so many workers' workdays — how is Workday everywhere? (Workday's "customers choose the frequency at which they conduct reviews, not Workday," said the spokesperson.) "HR software sucking" is a big tent.

Persons: you'd, Workday's, —, David Duffield, Teladoc, UKG, Cory Doctorow, It's, He'd, Matt Alston's, Stone Organizations: Fortune, Netflix, Goodwill, Spotify, Washington Post, Ohio State University, FedEx, Nintendo, Honda, LinkedIn, IBM, Oracle, Bank of America, Automation, Rippling, Systems, Facebook, Wired Locations: San Francisco, Amazon's, It's, Bonusly, Maine

☆ Amazon's warehouse robot army keeps getting bigger and bigger
▼ + stars: | 2024-05-06 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +1 min

Amazon has more than doubled its warehouse robot fleet in the past three years. It's gone from having 350,000 robots in 2021 to 750,000 in 2023, company blog posts show. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAmazon has ramped up its fleet of robots in recent years to boost its warehouse operations. This story is available exclusively to Business Insider subscribers.

Persons: It's, — Organizations: Service, Business

☆ Opinion: I’ve seen too many young journalists pay the ultimate price. It’s them I’ll be thinking of today
▼ + stars: | 2024-05-03 | by ( Opinion Jon Williams | ) edition.cnn.com time to read: +10 min

When a journalist is killed, it is not just their voice that is silenced: Press freedom is your freedom. Over 30 years ago, the United Nations recognized May 3 as World Press Freedom Day: a global reminder of the importance of press freedom and an opportunity to assess its health around the world. The Committee to Protect Journalists (CPJ) found that at least 100 journalists and media workers have been killed since we last marked World Press Freedom Day. Tragically, on this World Press Freedom Day, our work is needed more than ever. On this World Press Freedom Day, the fallen who gave their lives for the truth should serve as a reminder as to why press freedom is really your freedom.

Persons: Jon Williams, Rory Peck, Read, Jon Williams Rory Peck, Bayeux, ”, Simon Cumbers, Simon, Al, Louise, Cumbers, Johnny Green, Thomas Jefferson, ” Jefferson, it’s, Dom Phillips, Phillips, Aldeia Maloca, Bruno Pereira, Joao Laet, don’t Organizations: Rory Peck Trust, BBC News, ABC News, CNN, 1st Cavalry, Canadian, BBC, The Washington Post, United Nations, Protect Journalists, Getty, United, Twitter, Facebook Locations: Bayeux, Northern France, France, Omaha Beach, Europe, Nazi Germany, Normandy, Paris, “, Saudi Arabia, Al Qaeda, Saudi, Riyadh, Ireland, London, South, Indonesia, Turkey, India, Madrid, Irish, Kabul, Afghanistan, Gaza, Ukraine, Honduras, Sudan, Philippines, Brazil, Aldeia, Roraima, AFP, Britain, United States, Israel, Egypt

For even more discounts, check out our roundup of the best Best Buy deals and the best Mother's Day sales. Amazon sale quicklinks Amazon Echo : Get up to 50% off select Echo speakers. Amazon Fire : Get up to 40% off select Fire TV streaming devices. : Get up to 40% off select Fire TV streaming devices. Shop at AmazonThis is just a small sample of this weekend's top Amazon sale picks.

Persons: I've, Ralph Lauren, De'Longhi, Siri, It's Organizations: Business, Walmart, Apple, Echo, Sporting, Amazon Apple, Apple Health, Amazon Bose, Google, Amazon Fire

☆ New FTC transcript reveals juicy details on how Jeff Bezos and other top Amazon execs used disappearing messages
▼ + stars: | 2024-05-03 | by ( Eugene Kim | ) www.businessinsider.com time to read: +11 min

In the past, he set Signal messages to automatically delete after one week. "I never would have used Signal under any circumstances with disappearing messages on or off to discuss any complicated business issues. Associated PressJEDI ContractThe FTC lawyer also showed Bezos a log of Signal messages that were used with the disappearing message feature activated. He said he "did not" know Signal messages were covered by those legal guidelines. The company was "unable to determine" why that's the case, but said it's possible Signal messages were deleted when they got new phones.

Persons: Jeff Bezos, Bezos, Mike Hopkins, —, Andy Jassy, Amazon's, Jassy, Donald Trump, there's, I'm, Jeff Blackburn, Hopkins, Blackburn, Blackburn wasn't, Blackburn's, Max Organizations: Federal Trade, Amazon, Business, FTC, Associated Press, Defense Department, Microsoft, Department of Defense, Blackburn, Bezos Locations: Bezos, Blackburn

☆ Leaked memo: Amazon requires cloud events to spend up to 80% of their time talking about generative AI
▼ + stars: | 2024-05-02 | by ( Eugene Kim | ) www.businessinsider.com time to read: +5 min

Read previewExpect a lot more talk of generative AI at Amazon cloud computing events this year. "Up to 80% of all Global Summit sessions will be sourced from 2023 re:Invent sessions tagged to Gen AI." The new directive shows how Amazon is going to extraordinary lengths to promote its AI prowess, at a time when interest in generative AI is skyrocketing. On Tuesday, Jassy said Amazon is on pace to generate "multi-billion" dollars in revenue this year from its generative AI offerings. Generative AI has already been accounting for a larger share of Amazon's public comments.

Persons: —, Patrick Neighorn, we've, Andy Jassy, Jassy, It's Organizations: Service, Services, Business, AWS, Amazon, Global, Microsoft, Google, Meta

☆ Amazon Web Services CEO Adam Selipsky on the battle for the hyperscale data center market
▼ + stars: | 2024-05-02 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAmazon Web Services CEO Adam Selipsky on the battle for the hyperscale data center marketAdam Selipsky, AWS CEO, joins 'Closing Bell Overtime' to talk Amazon's quarterly results, the integration of generative AI.

Persons: Adam Selipsky Organizations: Web

☆ Jeff Bezos' tips on how to run a company and manage your team
▼ + stars: | 2024-05-02 | by ( Sarah Jackson | ) www.businessinsider.com time to read: +7 min

In his 27 years at the helm of Amazon, Jeff Bezos taught his successor, Jassy, and others a lot about how to run one of the world's biggest businesses. One of Bezos' meeting no-nos is PowerPoints, which he has banned in company meetings. "I thought to myself, 'We can sell anything this way,'" Bezos said. Bezos says Type 1 decisions take up most of your time, while Type 2 decisions should be delegated or grouped with other smaller decisions for later. Bezos believes you should make decisions with 70% of the information you wish you had, and iterate from there.

Persons: —, Andy Jassy, Jeff Bezos, Jassy, Jeff, Bezos, he's, It's, He's, they've, centibillionaire, you'll, you'd Organizations: Service, Business Locations: Amazon

☆ Democratic senator aims at Amazon's labor practices with first federal bill regulating quotas
▼ + stars: | 2024-05-02 | by ( Annie Palmer | In Annierpalmer | ) www.cnbc.com time to read: +3 min

The bill, called the Warehouse Worker Protection Act, is the first attempt to police warehouse quotas at the federal level, after similar laws have passed in states including California, New York, Washington and Minnesota. The legislation would require employers to be more transparent about workplace quotas and potential disciplinary consequences, and provide workers with at least two business days' notice of any changes to quotas or workplace surveillance. Wendy Taylor, a packer at an Amazon warehouse in Missouri, said during Markey's press conference on Thursday that she and others are "fighting for quota transparency." Taylor blamed Amazon's "inhumane work rates" for the injury, and added, "Amazon workers provide same-day shipping, but we can't even get the same-day care we deserve." WATCH: Amazon's worker safety hazards come under fire from regulators and the DOJ

Persons: Democratic Sen, Ed Markey, Markey, It's, Wendy Taylor, packer, Taylor, Amazon's Organizations: Democratic, Amazon, Health, Education, Labor, Pensions, Occupational Safety, Health Administration, OSHA, U.S, Attorney's, U.S . Department of Justice, DOJ Locations: California , New York, Washington, Minnesota, U.S, Missouri

☆ 'Fallout' will take viewers back to the wasteland for season 2. Here's everything we know.
▼ + stars: | 2024-05-02 | by ( Eammon Jacobs | ) www.businessinsider.com time to read: +6 min

Here's what to know about "Fallout" season two. It seems likely 'Fallout' season 2 will visit a classic location from a beloved gameNew Vegas in Amazon's "Fallout." HOLYSHIT HOLYSHIT HOLYSHIT HOLYSHIT HOLYSHIT HOLYSHIT HOLYSHIT HOLYSHIT HOLYSHIT THAT ENDING OH MY GOD MY EXCITEMENT LEVELS ARE THROUGH THE ROOF AFTER THAT ENDING #Fallout — Glassman044 (@glassman044) April 21, 2024When speaking to Business Insider ahead of "Fallout" season one, showrunner Graham Wagner said that there's a lot the makers didn't do in the series (like introducing a deathclaw) in the hopes that they got a second season. If Amazon gets the cameras rolling this year, it's possible "Fallout" season two might arrive on the streamer in early 2026. AdvertisementAaron Moten, Walton Goggins, and Ella Purnell will return for 'Fallout' season 2Aaron Moten as Maximus, Walton Goggins as The Ghoul, Ella Purnell as Lucy in "Fallout."

Persons: —, Lucy MacLean, Ella Purnell, Hank MacLean, Kyle MacLachlan, Lucy, it's, Hank, he's, Maximus, Aaron Moten, Graham Wagner, irrefutably, Wagner, Walton Goggins, Walton, MacLachlan, — Eammon Jacobs, Sarita Choudhury, Norm, Moisés Arias, Will Thaddeus, Johnny Pemberton Organizations: Amazon, Service, New Vegas Locations: Amazon's, Vegas, New Vegas

☆ Amazon, Starbucks show how jittery US customers are about the economy
▼ + stars: | 2024-05-01 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +2 min

Starbucks CEO Laxman Narasimhan said the coffee chain's customers were growing more cautious. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementUS consumers are becoming more prudent with their spending, executives at Amazon and Starbucks said on Tuesday. "A challenging macro environment including rising interest rates and elevated costs continues to create volatile consumer confidence levels and put pressure on consumer spending," Borden said then. Representatives for Amazon and Starbucks didn't immediately respond to requests for comment from BI sent outside regular business hours.

Persons: Brian Olsavsky, Laxman Narasimhan, —, Olsavsky, Narasimhan, Ian Borden, Borden Organizations: Starbucks, Service, Amazon, Bank of America, BI

☆ CEO of Anthropic — the AI company Amazon is betting billions on — says it could cost $10 billion to train AI in 2 years
▼ + stars: | 2024-05-01 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +3 min

Anthropic CEO Dario Amodei said training AI could one day cost $100 billion. Amodei told CNBC that he isn't worried about the commoditization of large language AI models. Amodei told CNBC that current models already cost a company $100 million to develop — and that price will only increase as the technology advances. "I think we're going to see models trained in the next year are going to be about $1 billion," Amodei told the outlet. Amodei said some AI models may specialize in topics like law or national security, while others could gain expertise in biochemistry.

Persons: Dario Amodei, Amodei, —, Claude, Daniela Amodei, Elon Musk, we're Organizations: CNBC, Service, Amazon, Google Locations: Anthropic

☆ Stock market today: futures drop after Starbucks and McDonald's misses
▼ + stars: | 2024-05-01 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +3 min

US futures slid as traders weighed Amazon's earnings beat against Starbucks and McDonald's misses. The Federal Reserve is set to provide an update later on the likely trajectory of interest rates. McDonald's also fell short of Wall Street's revenue, earnings, and same-store sales estimates for last quarter as consumers spent less at the fast-food chain. A painful combination of historic inflation and soaring interest rates over the past couple of years have squeezed household budgets and stoked concern of a recession. Stubborn inflation in recent months has dampened Wall Street's hopes that the Fed will cut rates in the months ahead.

Persons: —, Stocks, Amazon's, Ipek Ozardeskaya, McDonald's, Jerome Powell, Ozkardeskaya, Tesla Organizations: Starbucks, Federal, Service, Amazon, Nasdaq, Dow Jones Industrial, Amazon Web Services, Swissquote Bank, Consumers, Fed, Elon Musk's

☆ Amazon CEO Andy Jassy broke federal labor law with anti-union remarks
▼ + stars: | 2024-05-01 | by ( Annie Palmer | In Annierpalmer | ) www.cnbc.com time to read: +2 min

Amazon CEO Andy Jassy violated federal labor law in comments he made to media outlets about unionization efforts at the company, a National Labor Relations Board judge ruled Wednesday. NLRB Administrative Law Judge Brian Gee cited interviews Jassy gave in 2022 to CNBC's "Squawk Box," Bloomberg Television and at The New York Times' DealBook conference. At the DealBook conference, Jassy said that without a union the workplace isn't "bureaucratic, it's not slow." The NLRB filed the complaint against Amazon and Jassy in October 2022. But the Amazon chief's other remarks that employees would be less empowered and "better off" without a union violated labor law, "because they went beyond merely commenting on the employee-employer relationship."

Persons: Andy Jassy, Brian Gee, Jassy, Gee, Mary Kate Paradis, Paradis Organizations: National Labor Relations, NLRB, Bloomberg Television, The New York Times, CNBC, Bloomberg, Amazon Locations: Amazon's

☆ Amazon's capital spending will pay off in the end, says TD Cowen's John Blackledge
▼ + stars: | 2024-05-01 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAmazon's capital spending will pay off in the end, says TD Cowen's John BlackledgeJohn Blackledge, internet and media analyst at TD Cowen, joins 'Squawk on the Street' to discuss his thoughts on Amazon following earnings, how high Amazon's spending gets, and more.

Persons: Cowen's John Blackledge John Blackledge, Cowen

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