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☆ Amazon ends drone program in California, plans to start deliveries in Arizona later this year
▼ + stars: | 2024-04-22 | by ( Annie Palmer | In Annierpalmer | ) www.cnbc.com time to read: +2 min

An Amazon delivery drone is on display at Amazon's BOS27 Robotics Innovation Hub in Westborough, Massachusetts, on Nov. 10, 2022. Amazon is shuttering its drone delivery operations in Lockeford, California, one of the earliest U.S. test sites for the decade-long project. Amazon said in a blog post Monday that it intends to keep expanding drone deliveries to more U.S. cities in 2025, and plans to open up in part of the Phoenix area later this year. The company said it's working with the Federal Aviation Administration and local officials to get permission for drone deliveries in Tolleson, Arizona, west of Phoenix. Amazon has still continued to push ahead with expanding drone deliveries.

Persons: Jeff Bezos, we've, Amazon, it's Organizations: Amazon, Federal Aviation Administration, FAA, Station ,, Embention Locations: Westborough , Massachusetts, Lockeford , California, U.S, Tolleson , Arizona, Phoenix, Lockeford, Station, Station , Texas, Houston, Sacramento

☆ Lululemon to shutter Washington distribution center, lay off 128 employees after tripling warehouse footprint
▼ + stars: | 2024-04-19 | by ( Gabrielle Fonrouge | In Gabrielle-Fonrouge | ) www.cnbc.com time to read: +3 min

Lululemon is planning to shut down its Washington distribution center and lay off 128 employees after opening a massive new warehouse outside of Los Angeles, the company confirmed Friday. "While some employees will be retained and will relocate to other facilities, including our recently opened distribution center in the greater Los Angeles area, the optimization will result in the reduction of just over 100 positions within the existing Sumner distribution center," the person added. The closure comes after Lululemon more than tripled its warehouse footprint in the past few years to accommodate its rapid growth. In 2021, it entered into a new lease for a 1.26 million square-foot facility outside of Los Angeles in Ontario, California, filings show. In 2022, it leased a 980,000 square foot warehouse outside of Toronto in Brampton, Ontario.

Persons: Lululemon, Sumner, —, CNBC's Annie Palmer Organizations: state's Employment Security Department Locations: San Diego , California, Washington, Los Angeles, Sumner, Seattle, Sumner , WA, U.S, Canada, Toronto, Ontario , California, Brampton , Ontario, California, North America, Americas

☆ Amazon starts selling smart grocery carts to other retailers
▼ + stars: | 2024-04-17 | by ( Annie Palmer | In Annierpalmer | ) www.cnbc.com time to read: +3 min

A woman uses a dash cart during her grocery-shopping at a Whole Foods store as Amazon launches smart shopping carts at Whole Foods stores in San Mateo, California, United States on February 25, 2024. The smart shopping cart makes grocery shopping quicker by allowing customers to scan products right into their cart as they shop and then skip the checkout line. Amazon will begin selling its smart grocery carts to other retailers, the company said Wednesday, marking its latest bid to turn its Dash Cart technology into a service. Amazon launched the Dash Cart in 2020 at its Fresh supermarket chain before adding it to select Whole Foods stores. Amazon teams working on Just Walk Out, Dash Carts and other physical store technologies were among those hit by layoffs earlier this month.

Persons: Price, it's, Amazon Organizations: Amazon, Foods, McKeever's Locations: San Mateo , California, United States, Kansas, Missouri, Gizmodo, India

An AWS spokesperson said in an emailed statement that the company has introduced more cost-effective options for moving data. As of March, AWS had removed Snowmobile from its website, and the Amazon unit has stopped offering the service, CNBC has confirmed. Andy Jassy, now Amazon's CEO, called it the Snowmobile, and said the company would be using the truck to help customers speedily transfer data to Amazon Web Services facilities. "We intend to make sure that Snowmobile is both faster and less expensive than using a network-based data transfer model," Barr wrote. Clients generally find that sending data to AWS online is more economical than using Snowmobile, the company said.

Persons: we've, Andy Jassy, Jassy, Jeff Barr, Barr, Maxar, There's, we're Organizations: AWS, CNBC, Amazon Web Services, Amazon, Microsoft Locations: Las Vegas

☆ Amazon CEO Andy Jassy says he's committed to cost cutting while investing in AI in shareholder letter
▼ + stars: | 2024-04-11 | by ( Annie Palmer | In Annierpalmer | ) www.cnbc.com time to read: +41 min

This work diminished short-term revenue, but was best for customers, much appreciated, and should bode well for customers and AWS longer-term. We're also making progress on many of our newer business investments that have the potential to be important to customers and Amazon long-term. Being intentional about building primitives requires patience. Customers building their own FM must tackle several challenges in getting a model into production. Customers' AI models contain some of their most sensitive data.

Persons: Andy Jassy, Jassy, Jeff Bezos, he's, we've, Martha Stewart, Clinique, we're, We've, bode, We're, I've, iterating, We'd, we'd, Fox, affordably, you've, They're, Anthropic, that's, Claude, Dana, debugs, Slack Organizations: Amazon, Services, AWS, Deal, Prime, MGM, Savings, Regions, Citadel, Target, Storage Service, Netflix, Disney, Max, Paramount, CIA, . Intelligence, Amazon Freight, Carrier, Amazon Shipping, Foods, Drones, Amazon Pharmacy, Amazon Clinic, Robotics, Nvidia, Ricoh, NatWest, FMs, Meta, Bridgewater Associates, Farber Cancer Institute, Delta Air Lines, Intuit, KT, Lonely, LexisNexis, Netsmart, Pfizer, PGA, Rocket Companies, Siemens, Media, Inc Locations: North America, U.S, Europe, India, Brazil, Australia, Mexico, Middle East, Africa, Malaysia, New Zealand, Kingdom of Saudi Arabia, Thailand, Berlin, Hulu, Amdocs, Genomics England, GoDaddy, GenAI

☆ Amazon CEO Andy Jassy spurns regulators after failed iRobot deal: 'It's a sad story'
▼ + stars: | 2024-04-11 | by ( Annie Palmer | In Annierpalmer | ) www.cnbc.com time to read: +3 min

Amazon CEO Andy Jassy on Thursday took aim at regulators who are increasingly blocking mergers, including the company's planned acquisition of robotic vacuum maker iRobot , which fell apart earlier this year amid antitrust concerns. "I think it's really kind of a sad story," Jassy said in an interview with CNBC's Andrew Ross Sorkin on "Squawk Box." Jassy said the move showed that regulators "trust these two large Chinese companies with maps of the inside of U.S. consumers' homes more than they do Amazon." As megadeals have slowed to a crawl, tech companies have made a flurry of investments in artificial intelligence startups, seeking to gain a foothold in the burgeoning market. When asked how Amazon is tackling returns fraud, Jassy said the company has teams charged with examining returned goods to make sure they're "appropriate."

Persons: Andy Jassy, Jassy, CNBC's Andrew Ross Sorkin, iRobot, Anker, Ecovacs, Biden Organizations: Federal Trade Commission, Big Tech, Microsoft, Regulators, FTC, Amazon, CNBC, National Retail Federation, Appriss Locations: U.S, China, OpenAI

☆ Amazon resumes construction on office tower in Seattle suburb after yearslong hiatus
▼ + stars: | 2024-04-04 | by ( Annie Palmer | In Annierpalmer | ) www.cnbc.com time to read: +2 min

Amazon is resuming construction on a 42-story office tower in the Seattle suburb of Bellevue, the company said Thursday, after 22 floors of the building sat unfinished since 2022. In December, Amazon opened the first half of the 42-story office tower in Bellevue, dubbed "Sonic," and moved about 1,000 employees into the building. Amazon has continued to secure office space outside of Seattle, where it's headquartered. The tower, its largest, will have about 1 million square feet of office space. The second phase, referred to as PenPlace, includes three 22-story office buildings, retail space and a 350-foot-tall tower called "The Helix."

Persons: Andy Jassy, Amazon, HQ2 Organizations: Amazon, Sonic, Dynamo Locations: Seattle, Bellevue, Virginia, Nashville

☆ Apple reportedly exploring personal home robots
▼ + stars: | 2024-04-03 | by ( Hayden Field | ) www.cnbc.com time to read: +2 min

Apple CEO Tim Cook (2nd R) greets customers as he arrives for the release of the Vision Pro headset at the Apple Store in New York City on February 2, 2024. Apple is exploring the development of personal home robots after ditching its electric vehicle project, Bloomberg reported Wednesday. In recent years, the company has also invested heavily in products and services like its Apple Watch and Vision Pro virtual reality headset. The Vision Pro, however, will likely take years to create meaningful revenue. Apple's hardware engineering division and its artificial intelligence and machine learning group are overseeing the work on personal robotics, Bloomberg reported.

Persons: Tim Cook, Read, Leswing, Annie Palmer Organizations: Apple, Bloomberg, Engineers, Group, Apple Watch, Vision, Amazon Locations: New York City

☆ Amazon cuts hundreds of jobs in cloud computing unit
▼ + stars: | 2024-04-03 | by ( Annie Palmer | In Annierpalmer | ) www.cnbc.com time to read: +2 min

Attendees walk through an expo hall during Amazon Web Services' Reinvent conference at the Venetian in Las Vegas on Nov. 29, 2022. Amazon 's cloud computing division is laying off hundreds of employees in its physical stores technology and sales and marketing units, the company confirmed Wednesday. Amazon's lucrative AWS unit has seen its sales growth decelerate in recent quarters as companies trimmed their cloud spend amid rising interest rates. The cuts to AWS' store technology team come after Amazon said it would remove cashierless checkout systems in its U.S. Fresh stores. The store technology team was moved out of Amazon's retail group and folded into its cloud computing division in 2022.

Persons: We've, we're, GeekWire Organizations: Web Services, Amazon, MGM Studios, Employees Locations: Las Vegas, U.S

☆ Amazon ditches cashierless checkout system at its grocery stores
▼ + stars: | 2024-04-03 | by ( Annie Palmer | In Annierpalmer | ) www.cnbc.com time to read: +3 min

Shoppers check out the sale items as they wait in line for the new Amazon Fresh store to open on E. Colorado Blvd in Pasadena, CA Thursday, September 15, 2022. Amazon is removing its cashierless checkout systems at Fresh supermarkets in the U.S., the company confirmed, marking the latest recalibration of its grocery strategy. The company won't include the system, called Just Walk Out, in existing Fresh stores or in new locations slated to open later this year. The Information earlier reported Amazon's decision to scrap Just Walk Out at some Fresh stores. Amazon's Go convenience stores will continue to use Just Walk Out technology, along with smaller Fresh locations in the U.K.

Persons: We've, Carly Golden, JWO, Jeff Bezos, Bezos Organizations: . Colorado, Amazon Locations: ., Pasadena , CA, U.S, Seattle, India

☆ Amazon launches same-day prescription delivery in New York and Los Angeles
▼ + stars: | 2024-03-26 | by ( Annie Palmer | In Annierpalmer | ) www.cnbc.com time to read: +2 min

The Amazon Pharmacy home screen is displayed on a laptop in Brooklyn, New York, on Nov. 17, 2020. The e-commerce giant said on Tuesday that it's rolling out same-day delivery of prescription medications in New York City and the greater Los Angeles area. To speed up deliveries, Amazon said it's using new, smaller facilities, stocked with the most common prescription medications for acute conditions. San Bernardino, Riverside and Anaheim, which are all in the LA area, are eligible for same-day prescription deliveries starting Tuesday. In October, Amazon began offering same-day prescription medication delivery in Seattle, Miami, Indianapolis, Phoenix and Austin, Texas.

Persons: Doug Herrington Organizations: Amazon Pharmacy, Amazon, Worldwide Amazon Stores, Station , Locations: Brooklyn , New York, New York City, Los Angeles, Bernardino, Riverside, Anaheim, LA, Seattle , Miami, Indianapolis, Phoenix, Austin , Texas, Station, Station , Texas, New York

☆ Amazon gets boost from 72% pop in AI company Astera Labs' IPO
▼ + stars: | 2024-03-20 | by ( Annie Palmer | In Annierpalmer | ) www.cnbc.com time to read: +2 min

Amazon CEO Andy Jassy loves to talk about how much his company is benefiting from the artificial intelligence boom. Shares of Astera Labs , which sells data center connectivity chips to cloud and AI infrastructure companies, soared 72% in their Nasdaq debut, closing at $62.03. Astera's IPO plays into Wall Street's thirst for all things AI. As of the end of last year, Amazon controlled 232,608 shares, according to a securities filing. The three types of products Amazon has agreed to buy are are all designed to address "critical bottlenecks in AI infrastructure," according to Astera's IPO prospectus.

Persons: Andy Jassy, It's, Reddit's Organizations: Amazon, Astera Labs, Nasdaq, Texas Instruments, Nvidia, AMD, Intel, Astera, New York Stock Exchange, Arm Holdings Locations: New

☆ Amazon plans 'Big Spring Sale' that's not just for Prime members starting March 20
▼ + stars: | 2024-03-14 | by ( Annie Palmer | In Annierpalmer | ) www.cnbc.com time to read: +2 min

Amazon will host a spring sale next week with discounts on seasonal items, and this one is not restricted to Prime members. Amazon said Thursday that the event, which it's calling the "Big Spring Sale," will run for six days starting March 20, in North America. Unlike the Prime Day discount bonanza typically held in the summer, next week's event will be open to shoppers who don't pay for a Prime membership. The subscription program costs $139 per year, or $14.99 a month, in the U.S., and perks include free, speedy shipping; video streaming; and access to exclusive Prime Day deals. The company is launching its spring event as shoppers, grappling with high inflation, remain hungry for discounts.

Persons: Amazon Organizations: Amazon, U.S . Department of Labor Locations: Robbinsville , New Jersey, North America, U.S

☆ Refund fraud schemes promoted on TikTok, Telegram are costing Amazon and other retailers billions of dollars
▼ + stars: | 2024-03-14 | by ( Annie Palmer | In Annierpalmer | ) www.cnbc.com time to read: +14 min

The following month, 10 men were indicted in Oklahoma, charged with conspiracy to commit wire fraud for allegedly operating a refund fraud service named Artemis Refund Group. A thriving refund fraud marketFor every refund fraud service shut down by law enforcement, swarms of similar groups remain open for business. CNBC viewed several active refund fraud services on encrypted messaging app Telegram, each with thousands of followers. Zoom In Icon Arrows pointing outwards A Google form from an active refund fraud service explaining which stores it targets and how much it charges customers. Zoom In Icon Arrows pointing outwards A refund fraud service claims to have access to Amazon insiders in a Telegram post.

Persons: Stephanie Keith, Noah Page, Page, he'd, Ralph, —, Rick Owens, Sajed Al, Ralph Lauren, Uber, Maarej, Chris Black, Amazon, Al, they'd, Rekk, Cyril Noel, Tagoe, Noel, Louis Vuitton, scammers, Reddit, Brittany Allen, Allen, Remi Vaughn, Vaughn, she's, David Johnston, Johnston Organizations: Bloomberg, Getty, CNBC, National Retail Federation, Appriss, Amazon, Page, Riverside Press, Medianews, PayPal, Retailers, Artemis, Walmart, Apple, Nike, eBay, Saks Fifth, DoorDash, Google, MacBook, Mail, UPS, U.S . Postal Service, Al, Rekk, Gucci Locations: New York, Chattanooga , Tennessee, Reddit, TikTok, Eastvale, Michigan, Oklahoma, Chattanooga

☆ Humanoid robot startup Figure AI valued at $2.6 billion as Bezos, OpenAI, Nvidia join funding
▼ + stars: | 2024-02-29 | by ( Annie Palmer | In Annierpalmer | ) www.cnbc.com time to read: +3 min

Founded in 2022, Figure AI has developed a general-purpose robot, called Figure 01, that looks and moves like a human. Figure's ultimate aim is for Figure 01 to be able to perform "everyday tasks autonomously." Tesla is also trying to build a humanoid robot, called Optimus, while robotics company Boston Dynamics has developed several models. Norwegian humanoid robot startup 1X Technologies recently raised $100 million with backing from OpenAI. WATCH: Tesla CEO Musk said it's more important to develop humanoid robot than new cars

Persons: Jeff Bezos, Tesla, Goldman Sachs, Tom Andersson, Andersson, OpenAI, Goldman, they've, Musk Organizations: Nvidia, Microsoft, Innovation Fund, Robotics, Boston Dynamics, OpenAI, Goldman, STIQ Ltd, Intel, Ventures, Parkway Venture Capital Locations: Norwegian

☆ Top Amazon aggregator Thrasio files for bankruptcy
▼ + stars: | 2024-02-28 | by ( Annie Palmer | In Annierpalmer | ) www.cnbc.com time to read: +2 min

Thrasio, an early leader in the big business of Amazon aggregators, had a booth at the popular Prosper Show for Amazon sellers in Las Vegas, Nevada, on July 14, 2021. Thrasio, an early leader in aggregating Amazon sellers, filed for Chapter 11 bankruptcy protection in a New Jersey court Wednesday. Thrasio and other Amazon aggregators raised billions of dollars from investors looking to cash in on the third-party seller rollup craze. Aggregators bought up promising products and storefronts on Amazon, to use their data and operational expertise to turbocharge sales. WATCH: What's behind the big hype and billion-dollar aggregator start-ups buying Amazon seller brands

Persons: Prosper, Thrasio, Greg Greeley, Aggregators, Josh Silberstein, Carlos Cashman Organizations: Amazon, fizzle, CNBC Locations: Las Vegas , Nevada, New Jersey, Greeley

☆ Amazon to pay $1.9 million to migrant contract workers to settle claims of human rights abuses
▼ + stars: | 2024-02-23 | by ( Annie Palmer | In Annierpalmer | ) www.cnbc.com time to read: +4 min

Amazon will pay more than 700 migrant workers roughly $1.9 million to settle claims they suffered human rights abuses as a result of exploitative labor contracts in Saudi Arabia. While they worked at Amazon warehouses, the workers were housed in accommodations that were "overcrowded and dirty, infested with bed bugs and lacking even the most basic facilities," Amnesty wrote. The abuses suffered by workers were so severe that they likely amounted to "human trafficking for the purpose of labor exploitation as defined by international law and standards," Amnesty wrote in the October report. Amazon has disputed regulators' allegations, and it has said it continues to invest in worker safety. WATCH: Amazon's worker safety hazards come under fire from regulators and the DOJ

Persons: Verité, Abdullah Fahad Al, AFMCO, they're Organizations: Amazon, Amnesty, International Consortium of Investigative Journalists, Investigative Journalism, Guardian Locations: Robbinsville , New Jersey, Saudi Arabia

☆ Jeff Bezos unloads around $2.1 billion in Amazon stock, bringing recent sales to 50 million shares
▼ + stars: | 2024-02-20 | by ( Annie Palmer | In Annierpalmer | ) www.cnbc.com time to read: +1 min

Amazon founder and executive chairman Jeff Bezos unloaded more than 14 million shares of his company valued at roughly $2.1 billion, bringing the total sold since the start of the month to 50 million. In total, Bezos sold 14,006,906 shares in the company for about $2.15 billion, the filing states. The sales were executed under a prearranged trading plan that Bezos adopted in November and disclosed earlier this month, which said he could sell up to 50 million Amazon shares before Jan. 31, 2025. Bezos sold about 12 million Amazon shares, worth approximately $2.03 billion, last week, in addition to another tranche of 12 million shares just days before. He unloaded another 12 million shares the week before that.

Persons: Jeff Bezos, Bezos, Bezos hadn't, fiancée Lauren Sanchez Organizations: Amazon, Jan Locations: Seattle, Miami

☆ Jeff Bezos sells more than $2 billion in Amazon stock for third time this month
▼ + stars: | 2024-02-15 | by ( Kif Leswing | ) www.cnbc.com time to read: +1 min

Amazon founder Jeff Bezos sold roughly $2.03 billion of shares in his company over the past few days, according to a regulatory filing, bringing his total sales this month to over $6 billion. On Tuesday and Wednesday, Bezos sold about 12 million Amazon shares at an average price of $169.50 a share. Bezos sold about 12 million shares, worth $2 billion, between Friday and Monday, and sold another 12 million shares the week before that. The sales this month mark the first time Bezos has sold Amazon stock since May 2021, the year he stepped down as Amazon CEO, although he gifted about $240 million in Amazon shares last year. WATCH: Jeff Bezos sells $2 billion of Amazon shares

Persons: Jeff Bezos, Bezos, fiancée Lauren Sanchez's, Forbes, —, Annie Palmer Organizations: Kansas City Chiefs, Los Angeles Chargers, Arrowhead, Amazon Locations: Kansas City , Missouri, Seattle, Miami

☆ Shopify shares down after company reports light guidance
▼ + stars: | 2024-02-13 | by ( Annie Palmer | In Annierpalmer | ) www.cnbc.com time to read: +2 min

Shopify shares slid about 10% on Tuesday morning after the Canadian e-commerce company reported better-than-expected earnings for the fourth quarter but gave mixed guidance for the current period. Shopify's light first-quarter guidance overshadowed the earnings and revenue beat. The company said it expects free cash flow margin to be in the high single digits, below Wall Street's projected 13.6%. In a research note published Tuesday, Wedbush analysts highlighted that Shopify's guidance implies operating income "well below our estimates and consensus." The company's forecast implies adjusted operating income of $178 million, while consensus estimates are for $382 million, the analysts said.

Persons: Jeff Hoffmeister, Wedbush, Shopify Locations: Ottawa , Ontario, Canada

☆ Jeff Bezos sells more than $2 billion in Amazon stock
▼ + stars: | 2024-02-13 | by ( Annie Palmer | In Annierpalmer | ) www.cnbc.com time to read: +1 min

Amazon founder and executive chairman Jeff Bezos sold roughly $2.08 billion of shares in the company over the past few days, according to a financial filing. In total, Bezos sold 11,997,698 shares in the company for about $2.08 billion, according to the filing. As part of the plan, Bezos plans to sell 50 million Amazon shares before Jan. 31, 2025. It marked the first time Bezos sold Amazon's stock since May 2021. WATCH: Jeff Bezos sells $2 billion of Amazon shares

Persons: Jeff Bezos, Bezos, fiancée Lauren Sanchez Organizations: Jan Locations: Seattle, Miami

☆ Wish's deep discount sale to Singapore's Qoo10 ramps up competition for Temu and Shein
▼ + stars: | 2024-02-12 | by ( Annie Palmer | In Annierpalmer | ) www.cnbc.com time to read: +3 min

Global online shopping platform Temu is already climbing the ranks in the U.S. Apple Store. The Temu marketing blitz, which blanketed Facebook and Instagram well before Sunday's Super Bowl, is also familiar to anyone who followed Wish. Qoo10 will now be taking on Temu and Shein, which both originated in China and still have strong ties to the world's second-biggest economy. During and shortly after the Super Bowl, Temu ran a handful of "shop like a billionaire" ads and touted $15 million in giveaways. WATCH: Temu sees fewer new users post Super Bowl

Persons: it's, Singapore's Qoo10, Wish, Peter Szulczewski, Szulczewski, China's ByteDance, Temu, Morgan Stanley Organizations: Apple, Super Bowl, Facebook, Los Angeles Lakers, PDD Holdings, Shein Locations: U.S, San Francisco, China

☆ Investors in Airbnb arbitrage business allege they were defrauded in scheme promising 'higher returns than the stock market'
▼ + stars: | 2024-02-11 | by ( Rohan Goswami Annie Palmer | Rohan Goswami | In Rohangoswamicnbc | ) www.cnbc.com time to read: +18 min

Airbnb told CNBC that business practices such as Agyeman's aren't permitted. Airbnb told CNBC it had no business relationship with Agyeman and had taken action to curtail his operations. Carr and other HFA investors told CNBC their frustrations were dismissed or met with legal threats. To get around Airbnb's rules, HFA instructed its investors to list their own homes, a former employee and two investors told CNBC. Airbnb told CNBC that it was rolling out a more robust verification process in the U.S. and elsewhere beginning as early as 2024.

Persons: Elham Ataeiazar Daryn Carr, Carr, Anthony Agyeman, Agyeman, HFA, they've, Agyeman haven't, Airbnb, Brian Chesky, Brendan McDermid, Reuters Carr, Thomas Hunker, Hunker, Wessel Botes, Megan Shears, Shears, It's, Kathy, she'd, copywriters, couldn't, who'd, Collin Ballard, Collin Ballard Ballard, Ballard, lister, HFA's, Agyeman's Wealthway, Wealthway, David Levine, he's, Levine, Levine didn't Organizations: Federal Trade Commission, Department of Justice, Justice Department, FTC, CNBC, Inc, New York Stock Exchange, Reuters, Agyeman, Investors, Google, HFA, MGM, Dallas, North Locations: hustles, Covid, New York City, New York, Airbnb, HFA, Texas, Instagram, Fort Myers, Sanibel, Las Vegas, Dallas, U.S, Agyeman, Florida, North America, Botes

☆ Amazon's Prime Video lands exclusive NFL playoff game next season
▼ + stars: | 2024-02-09 | by ( Annie Palmer | In Annierpalmer | ) www.cnbc.com time to read: +1 min

Amazon Prime Video logo displayed on a phone screen and Amazon Prime Video website displayed on a screen in the background are seen in this illustration photo taken in Krakow, Poland on July 26, 2022. Amazon 's Prime Video has won the exclusive rights to stream a National Football League playoff game next season, a source familiar with the matter told CNBC. Last month, NBCUniversal's Peacock showed an NFL Wild Card game between the Kansas City Chiefs and the Miami Dolphins, marking the first time a playoff game was broadcast exclusively on a streaming service. NBCUniversal had looked to keep the streaming-only playoff matchup next season, according to The Wall Street Journal, which first reported on Amazon's latest deal with the the NFL. Amazon has said there are 80 million active Prime Video households in the U.S.— CNBC's Stephen Desaulniers contributed reporting.

Persons: NBCUniversal's Peacock, NBCUniversal, NBCUniversal didn't, — CNBC's Stephen Desaulniers Organizations: Amazon, Amazon Prime, National Football League, CNBC, NFL, Kansas City Chiefs, Miami Dolphins, Wall Street, Peacock Locations: Krakow, Poland, U.S

☆ Amazon cuts hundreds of jobs in Pharmacy, One Medical units: Read the memo
▼ + stars: | 2024-02-06 | by ( Annie Palmer | In Annierpalmer | ) www.cnbc.com time to read: +5 min

Amazon has eliminated hundreds of jobs in its Pharmacy and One Medical divisions, the company confirmed to CNBC. "Unfortunately, these changes will result in the elimination of a few hundred roles across One Medical and Amazon Pharmacy." At the start of this year, Amazon announced cuts in its Prime Video, MGM Studios, Buy with Prime, Twitch and Audible units. Here's the full memo from Lindsay:Hi everyone, The past year has been incredibly exciting for all of our health care businesses, and we're seeing tremendous growth for Amazon Pharmacy, One Medical, and Amazon Clinic. Unfortunately, these changes will result in the elimination of a few hundred roles across One Medical and Amazon Pharmacy.

Persons: Neil Lindsay, Lindsay, Andy Jassy, Brian Olsavsky, Amazon, Neil CNBC Organizations: Amazon, CNBC, Amazon Health Services, Amazon Pharmacy, MGM Studios, Amazon Clinic, Pharmacy, CARE Locations: Amazon's, d50nominations.cnbc.com

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