Category: Technology

Amazon’s profit margin nears record after CEO Andy Jassy’s dramatic cost-cutting efforts

Andy Jassy, CEO of Amazon, speaks at the ceremonial ribbon cutting prior to tomorrow's opening…

Amazon reports better-than-expected results, as revenue jumps 13%

Amazon reported third-quarter earnings and revenue on Thursday that sailed past analysts' estimates. The stock…

Amazon’s advertising revenue tops $12 billion in the third quarter

BARCELONA, SPAIN - MARCH 2: The Amazon ads logo, the advertising solutions service formerly known…

Amazon’s cloud group becomes more profitable but misses on top line

Adam Selipsky, Amazon Web Services CEOSource: CNBCAmazon said Thursday that its cloud unit grew revenue…

Intel stock rises on earnings beat and strong revenue guidance

Signage outside Intel headquarters in Santa Clara, California, on Monday, Jan. 30, 2023.David Paul Morris…

Kids are attending pro-Palestinian protests on Roblox

Screenshot taken by CNBC of an experience on Roblox.Source: RobloxKids are attending pro-Palestinian protests on…

Hertz pulls back on EV plans citing Tesla price cuts, high repair costs

Hertz is pumping the brakes on plans to electrify more of its rental car fleet…

Meta shares dip following cautious commentary about unrest in the Middle East

Shares of Meta closed down more than 3% Thursday, a day after the company released…

Uber begins offering rides in self-driving Waymo cars

Passengers ride in an electric Waymo full self-driving technology in Santa MonicaAllen J. Schaben |…

‘Grandpa Google’: Search head testifies that young users see it as out of style

Prabhakar Raghavan, of Google Inc., speaks during the company's Cloud Next '18 event in San…