Amazon has begun laying off employees in its cloud division, AWS, as it shifts focus and spending toward artificial ...

AWS posted its third consecutive quarter of revenue growth below expectations. Sales rose 17% year-on-year to $29.27 billion in the first quarter, down from 18.9% growth in the previous quarter ...

Amazon cut at least hundreds of jobs in its Amazon Web Services cloud computing unit on Thursday, two sources said.

The Zacks Research Daily presents the best research output of our analyst team. Today's Research Daily features new research reports on 16 major stocks, including Alphabet Inc. (GOOGL), Oracle Corp.

Though Amazon insists the layoffs are not directly tied to its heavy investments in artificial intelligence, they come at a ...

Amazon has laid off several hundred employees from its AWS cloud division, according to Reuters. The exact number remains ...

Chinese cloud computing companies have accelerated steps to expand their presence in overseas markets and build digital ...

The job cuts could reportedly affect hundreds of employees as the tech giant seeks to "optimize resources." Pfizer sheds ...

Crypto Week' has begun, and if these three cryptocurrency bills are passed by Congress, the entire cryptocurrency industry ...

Key Points Community Trust sold 13,371 Microsoft shares worth $5.79 million. This trade represented 0.34% of Community Trust's 13F reportable AUM as of Q2. The investment firm now holds 224,197 shares ...

Unless Lancaster city leaders take action quickly, residents may have little say in the approval process for a planned $6 ...