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Amazon CEO Jeff Bezos and his girlfriend, Lauren Sanchez, have weathered a tabloid scandal, a lawsuit, and maybe even interference from a foreign government. Here's where their relationship began and everything that's happened since. (AMZN)

In January 2019, Amazon CEO Jeff Bezos and Lauren Sanchez were publicly outed as a couple the same day Bezos and his wife, MacKenzie, announced their divorce.   The National Enquirer had been investigating Bezos and Sanchez for months and had obtained leaked photos and texts the couple had sent, including the now-famous message where Bezos called Sanchez "alive girl."  In the 18 months since, both Bezos and Sanchez have finalized their respective divorces and have embarked on a whirlwind roman...
Tags: Amazon, New York Post, Hollywood, Microsoft, California, Washington Post, Steve Jobs, India, Los Angeles, Trends, Spain, Fox, Bill Gates, Italy, Novak Djokovic, Beverly Hills


Amazon's robotics boss, who defended the company when a top VP resigned over employee firings, has abruptly quit — making him the third 'Distinguished Engineer' to leave this year (AMZN)

Amazon's VP of robotics Brad Porter is leaving the company to join an AI startup, according to people familiar with the matter. Porter is a highly respected engineer and one of the 20 or so executives to hold the "Distinguished Engineer" title at Amazon. His team was responsible for improving Amazon's warehouse efficiency with automation technology, and oversaw other futuristic projects, like the Prime Air drone team. Porter's departure comes ahead of what is expected to be a record shopping s...
Tags: Amazon, America, Trends, Prime Air, Boeing, Amazon Web Services, Business Insider, Eugene Kim, Porter, Clark, Brad, SVP, AMZN, Dave Clark, Bray, Kiva Systems


A California appeals court just ruled that Amazon is legally liable for defective products sold on its site by third parties (AMZN)

An appeals court in California ruled Thursday that Amazon is legally liable for defective products sold on its site by third parties. The court said Amazon "was pivotal in bringing the product," a defective replacement laptop battery, to a customer, who alleged she was burned when it exploded. The ruling reverses an earlier court's decision in favor of Amazon, and could open up Amazon to huge legal costs or force it to police sellers on its site more strictly.  Visit Business Insider's homepag...
Tags: Amazon, Hong Kong, Navy, California, China, Trends, Trump, Guerrero, AMZN, Fourth District Court of Appeals, Bolger, Patricia Guerrero, state s Supreme Court Amazon, Angela Bolger, Lenoge Technology, Lenoge


Amazon is chockfull of products promoting the far-right QAnon conspiracy theory even as fellow tech giants like Facebook, TikTok, Google, and Twitter crack down (AMZN)

Amazon currently displays hundreds of results for products associated with QAnon, the far-right conspiracy theory, which the FBI has deemed as posing potential domestic terrorism threats. Business Insider found hundreds of results for t-shirts, books, stickers, masks, and other items when searching for "QAnon" in Amazon's marketplace. However, not all of the results were directly tied to the far-right fringe conspiracy theory — some were pro-Trump propaganda or messaging associated with "Blue ...
Tags: Google, Amazon, Facebook, Twitter, New York, Etsy, West Point, Nbc News, US, Trends, Walmart, Bbc, Fbi, Nevada, Lewis Carroll, Christchurch


Silicon Valley's favorite fashion designer shared the advice Jeff Bezos gave him for making a big decision: decide at 10:30 a.m. (AMZN)

Italian fashion designer Brunello Cucinelli recently shared some advice Amazon CEO Jeff Bezos gave him for making an important decision.  "He said, 'Normally, I make important decisions around 10:30 a.m. I'll discuss it the day before, I'll sleep on it and in the morning I'll actually make the decision,'" Cucinelli told The Wall Street Journal.  Cucinelli and Bezos have been friends for a few years, it seems. Last June, Bezos was a guest at Cucinelli's "Solomeo Summit" in Italy, which also inc...
Tags: Amazon, Facebook, Mark Zuckerberg, Instagram, Greece, Dick Costolo, Trends, Earth, Italy, Parthenon, Silicon Valley, Jeff Bezos, Seattle, Kevin Systrom, Wall Street Journal, Journal


The Amazon worker who was fired after calling for better warehouse safety standards led a protest in front of Jeff Bezos' New York City apartment (AMZN)

Dozens of protesters gathered outside of Amazon CEO Jeff Bezos' New York City apartment on Sunday to demand better pay and improved safety at Amazon's warehouses.  The protest was organized by a group called Congress Of Essential Workers and was led by Christian Smalls, a former Amazon worker who was fired after he helped organize a walkout to protest how the company was cleaning its facilities and treating warehouse workers at the start of the coronavirus pandemic.  The protesters issued a li...
Tags: Amazon, Elon Musk, New York City, US, Trends, Fifth Avenue, Jeff Bezos, Bezos, AMZN, Madison Square Park, Smalls, Laurence Berland, Christian Smalls, Congress Of Essential Workers, Tax Bezos, Staten Island New York Smalls


Amazon's record profits last quarter would've been impossible without an accounting change and a huge spending cut. That raises questions about future earnings growth. (AMZN)

Amazon saved nearly $2.6 billion in net profits last quarter by cutting its marketing spend and through a previously announced estimate change for its server costs. The change is noteworthy given how Amazon's net profit doubled to a record $2.6 billion last quarter, and shows how the company boosted its profitability in the face of a pandemic. Analysts say the growth in Amazon's high-margin businesses also helped offset the increased costs during the quarter, such as the $4 billion COVID-relat...
Tags: Amazon, Trends, North America, Amazon Web Services, Northwestern University, Morningstar, AMZN, Public Company Accounting Oversight Board, Hottovy, Srivastava, Colin Sebastian, Olsavsky, Given Amazon, Brian Olsavsky, R W Baird, J Hottovy


Bezos just took his first post-COVID (stock) dump — and it’s worth $3.1B

Amazon‘s Jeff Bezos unloaded $3.1 billion worth of company stock earlier this week, representing a little less than 2% of his personal stake in the ecommerce giant. Bezos‘ August dumps, which were all made as part of a pre-determined trading plan lodged with the SEC, brings the total value of the billionaire chief exec’s $AMZN sales to a jaw-clenching $7.2 billion. In total, Bezos sold 1 million shares, and while the price varied, he generally got around $3,130 per share. While company execs get...
Tags: Amazon, Startups, SEC, Jeff Bezos, Bezos, AMZN, Hard Fork


Amazon quietly launched a new website for its big ad conference, which returns for its second straight year amid the company's surging digital ad sales (AMZN)

Amazon is hosting its big ad conference, called AdCon 2020, on Sept. 30 and Oct. 1, according to the event's website. This is the second time Amazon is hosting AdCon. The move shows Amazon is likely planning to make AdCon an annual event as its ad business has grown in size and influence in recent years. Visit Business Insider's homepage for more stories. Amazon's big ad conference that debuted last year is coming back for the second time. AdCon 2020, which is the name of this year's confab, ...
Tags: Google, Amazon, Facebook, US, Trends, Amazon Web Services, AMZN, Amazon Advertising, eMarketer Amazon, Paul Kotas, SVP of Amazon Advertising


Amazon's UK sellers are facing a 2% fee hike after the company decided to pass along the entire cost of a new national digital tax (AMZN)

Amazon will be raising the fees for sellers on its UK marketplace by 2%, starting in September. The change follows the passing of a new digital services tax in the UK, which levies a 2% tax on revenues of companies that run search engines, social media services, or online marketplaces in the country. The moves shows Amazon is passing along the costs of the new tax on to its small business sellers, and raises questions on the effectiveness of such measures. Visit Business Insider's homepage for...
Tags: Amazon, UK, France, US, Trends, Luxembourg, OECD, Baker, FBA, Amazon FBA, Tom Baker, DST, AMZN, MCF, Business Insider Amazon, Germany Amazon


This chart shows Amazon's one-day shipping has significantly rebounded, but many sellers still face long delays getting their own shipments to warehouses (AMZN)

Amazon's one-day delivery has returned to availability for more products, according to DataHawk, a research firm that specializes in Amazon's marketplace. Over 25% of the products sold on Amazon are now shipped within one day, while almost 50% of the products are delivered within two days, according to DataHawk. That's a huge improvement from May, when only 3% of the products were shipped within a day. The change shows Amazon's supply chain is quickly recovering from the COVID-driven demand th...
Tags: Amazon, US, Trends, Morgan Stanley, AMZN, Olsavsky, Brian Olsavsky, DataHawk, ASGTG Olsavsky


Amazon's UK sellers are getting hit with a fee hike next month as the company passes along the cost of a new digital tax aimed at large corporations (AMZN)

Amazon will be raising the fees for sellers on its UK marketplace by 2%, starting in September. The change follows the passing of a new digital services tax in the UK, which levies a 2% tax on revenues of companies that run search engines, social media services, or online marketplaces in the country. The moves shows Amazon is passing along the costs of the new tax on to its small business sellers, and raises questions on the effectiveness of such measures. Visit Business Insider's homepage for...
Tags: Amazon, UK, France, US, Trends, Luxembourg, OECD, Baker, FBA, Amazon FBA, Tom Baker, DST, AMZN, MCF, Business Insider Amazon, Germany Amazon


Amazon is reportedly facing a new antitrust investigation into its online marketplace led by the FTC and attorneys general in New York and California (AMZN)

The Federal Trade Commission and attorneys general from New York and California have opened a new antitrust investigation into Amazon's online marketplace, Bloomberg reported Monday. The agencies will coordinate on the probe and plan to interview witnesses starting in the next few weeks, according to the report. Amazon has come under increasing scrutiny over potential anti-competitive behavior in recent months following reports that it secretly used its data on third-party sellers to launch co...
Tags: Amazon, New York, California, Trends, Bloomberg, Jeff Bezos, Federal Trade Commission, Ftc, AMZN


Amazon's cloud growth dropped to a record low, but analysts say a different number in the company's financial statement keeps them bullish (AMZN)

Amazon Web Services saw its revenue growth drop to 29% in the second quarter — the lowest that metric has gotten since it started disclosing the number in 2015. But AWS's backlog revenue, or the total value of signed contracts, jumped 65% to $41 billion during the quarter, recording the largest growth since the first quarter of last year. The growth in backlog revenue shows AWS is still signing a lot of new long-term contracts despite a weaker economic climate driven by COVID-19. Visit Busines...
Tags: Amazon, Trends, Aws, Salesforce, Jefferies, Amazon Web Services, Davidson, AMZN, Olsavsky, Brian Olsavsky, Thill, Brent Thill, Rishi Jaluria, COVID, Lee Horowitz, Evercore Partners Companies


5 reasons Amazon had record profits in the 2nd quarter even after spending over $4 billion on COVID-related initiatives (AMZN)

Amazon doubled its profit to a record $5.2 billion in the second quarter. Amazon CFO Brian Olsavsky on Thursday discussed reasons that may have contributed to the increased profits during his call with analysts. Amazon saw huge lockdown-driven sales, but also scaled back its marketing and video-production spend, while improving the profitability of its international business. Visit Business Insider's homepage for more stories. Amazon surprised investors on Thursday when it reported record pro...
Tags: Amazon, Japan, America, Trends, Jeff Bezos, UK Germany, AMZN, Amazon Online, Olsavsky, Brian Olsavsky


5 reasons why Amazon had record profits in the second quarter even after spending over $4 billion on COVID-related initiatives (AMZN)

Amazon doubled its profit to a record $5.2 billion in the second quarter. Amazon CFO Brian Olsavsky shared a few reasons that may have contributed to the increased profits during his call with analysts on Thursday. Amazon saw huge lockdown-driven sales, but also scaled back its marketing and video production spend, while improving the profitability of its international business. Visit Business Insider's homepage for more stories. Amazon surprised investors on Thursday when it reported record ...
Tags: Amazon, Japan, America, Trends, Jeff Bezos, Donald Trump, UK Germany, AMZN, Amazon Online, Olsavsky, Brian Olsavsky


Amazon is actively helping customers cut cloud usage and costs amid the pandemic, CFO Brian Olsavsky explains, as AWS whiffs on revenue expectations (AMZN)

Despite an impressive second-quarter earnings report, Amazon's cloud business missed analyst expectations and reported slowing revenue growth. Amazon Chief Financial Officer Brian Olsavsky explained the deceleration in the company's earnings call by revealing that Amazon Web Services has been actively looking for ways to help customers scale down usage to save money during the pandemic. The move helps both parties, he reasoned: It helps clients stay afloat while also benefiting the "longterm h...
Tags: Google, Amazon, Trends, Donald Trump, Signal, Amazon Web Services, AMZN, Olsavsky, Brian Olsavsky, AWS Google, Tiktok, Slack Zoom Netflix Snap


Emails and IMs from the CEOs of Amazon, Facebook and Google show how they think about acquiring companies — and it has little to do with the quality of a startup's product (AMZN, FB, GOOG)

Documents made public Wednesday as part of a Congressional antitrust hearing give insight into the concerns of tech's most powerful CEOs leading up to game-changing acquisitions. Amazon, Facebook and Google all made big purchases of startups whose technology, the documents reveal, their teams found to be lacking. Instead, the deals got done because the companies feared losing market share or wanted a leg up in a new sector.  Visit Business Insider's homepage for more stories. If you're lookin...
Tags: Apple, Google, Amazon, Facebook, Mark Zuckerberg, Instagram, Microsoft, Yahoo, Youtube, Trends, Cisco, Palo Alto, Tim Cook, Oracle, Sap, Zuckerberg


Amazon reports second quarter earnings after the bell (AMZN)

Amazon reports its second quarter earnings on Thursday after the bell. Wall Street expects a jump in revenue but a cut in profits from last year. Amazon likely saw a huge increase in sales, as more people shopped online during the pandemic, but could report thin profits after having pledged to spend all of its expected quarterly profits on COVID-related expenses. Visit Business Insider's homepage for more stories. Amazon is reporting its second quarter earnings results on Thursday after the b...
Tags: Amazon, Wall Street, America, Trends, Jeff Bezos, Amazon Web Services, Congressional, GAAP, FactSet, AMZN, COVID


Amazon CEO Jeff Bezos had to be told to unmute his microphone to answer a question during the big tech antitrust hearing (AMZN)

Amazon CEO Jeff Bezos started to answer a lawmaker's question at Wednesday's tech antitrust hearing — only to be told that he had to unmute his microphone. "Mr. Bezos, I believe you're on mute," one lawmaker can be heard saying. Bezos, Apple CEO Tim Cook, Facebook CEO Mark Zuckerberg, and Google CEO Sundar Pichai were all allowed to participate in the hearing remotely, due to the pandemic.  It was a standout moment in the hearing and a sign of the times, as a powerful tech exec struggled with ...
Tags: Google, Amazon, Facebook, Mark Zuckerberg, Congress, Trends, Gop, Washington Dc, Jeff Bezos, Sundar Pichai, Zuckerberg, Bezos, Congressional, SPLC, AMZN, David Cicilline


America wanted its first unfiltered look at Jeff Bezos, the world's richest person. The Amazon CEO used caution and skill to stay out of the spotlight. (AMZN)

Amazon CEO Jeff Bezos gave his first-ever Congressional testimony on Wednesday, alongside CEOs of Facebook, Apple, and Alphabet. Bezos dodged most of the sensitive questions, instead saying that he'd get back with a more detailed answer at a later date. The careful approach is understandable given Bezos is speaking under oath, according to legal experts. But some experts believe he could have been more direct in addressing the key issues, like allegations of accessing seller data. Visit Busine...
Tags: Apple, Amazon, Facebook, Florida, Congress, US, America, Trends, Washington Dc, Jeff Bezos, Wall Street Journal, Federal Trade Commission, Business Insider, Seattle University, George Washington University, Bezos


Emails show Amazon coordinated an 'aggressive' plan to 'undercut' Diapers.com before acquiring its parent company in 2010 (AMZN)

Internal Amazon emails show the company coordinated an effort to undercut prices of competitor Diapers.com, before ultimately acquiring its parent company Quidsi in 2010. The emails were released as part of a Congressional antitrust hearing Wednesday. Bezos in the hearing fielded questions about Diapers.com, and said he disagreed with the premise Amazon "eliminated" its main competitor. Are you an Amazon Web Services employee? Contact this reporter via encrypted messaging app Signal (+1-425-34...
Tags: Amazon, Trends, Walmart, Jeff Bezos, Signal, Amazon Web Services, Marc Lore, Bezos, Congressional, AMZN, Quidsi, Herrington, Internal Amazon, Doug Herrington, Jeff Wilke Herrington, Walmart eCommerce Amazon


Emails show how Amazon's $1 billion Ring acquisition was driven by Jeff Bezos' interest in its 'market position – not technology' (AMZN)

Internal Amazon emails were released as part of a Congressional hearing on tech antitrust Wednesday, which featured testimony from CEO Jeff Bezos. Some of those emails show how Amazon CEO Jeff Bezos in 2017 strategized about how to negotiate a lower price for Ring, the smart doorbell company it would ultimately acquire in 2018 for $1 billion.  They also show Bezos saying that the decision to buy Ring was based on its "market position – not technology." At the hearing, Bezos testified market po...
Tags: Google, Amazon, Trends, Jeff Bezos, Signal, Amazon Web Services, Darwin, Bezos, Congressional, Amazon Facebook, AMZN, Amazon VP, Internal Amazon, Dave Limp To, Jeff Helbling


Best Tech Stocks to Invest In During the Pandemic

Investing in the technology sector may require you to enter periods when some of your stock picks are struggling. This was the case during the early days of the pandemic when the share price of several tech stocks took a significant hit. Focusing on the long-term is usually the best method to take when you’re choosing stocks to buy in this sector. Consider How COVID-19 Impacts Companies Shutdowns do not affect all businesses negatively. With more people working from home, software as a servic...
Tags: Apple, Google, Amazon, Business, Steve Jobs, Economy, Qualcomm, Aapl, AMZN, GOOGL, Waymo, Apple AAPL Apple


Jeff Bezos crumples under pressure on whether Amazon will continue to block customer donations to SPLC-designated extremist groups, saying it's an 'imperfect system' (AMZN)

Amazon CEO Jeff Bezos crumpled under questioning at the hands of Rep. Matt Gaetz during Wednesday's tech antitrust hearing.  Gaetz asked Bezos about the company's Amazon Smile program, which allows customers to designate charities they'd like to support. Amazon will donate a portion of some of their sales to that organization.  The company relies on the U.S. Office of Foreign Assets Control and the Southern Poverty Law Center to determine any charities that are ineligible for Amazon Smile, whi...
Tags: Amazon, Florida, US, Trends, House, Catholic, Lgbtq, Jeff Bezos, Republican, Ben Carson, Bezos, Carson, SPLC, Southern Poverty Law Center, Housing and Urban Development, House Judiciary Committee


Jeff Bezos hinted Amazon might split from the SPLC over designation of extremist groups after pressure from a GOP lawmaker (AMZN)

Amazon CEO Jeff Bezos crumpled under questioning at the hands of Rep. Matt Gaetz during Wednesday's tech antitrust hearing.  Gaetz asked Bezos about the company's Amazon Smile program, which allows customers to designate charities they'd like to support. Amazon will donate a portion of some of their sales to that organization.  The company relies on the U.S. Office of Foreign Assets Control and the Southern Poverty Law Center to determine any charities that are ineligible for Amazon Smile, whi...
Tags: Amazon, Florida, US, Trends, Gop, House, Catholic, Lgbtq, Jeff Bezos, Republican, Ben Carson, Bezos, Carson, SPLC, Southern Poverty Law Center, Housing and Urban Development


Amazon Web Services is moving its annual re:Invent cloud conference online and making it free (AMZN)

Amazon's multibillion-dollar cloud division is making its annual re:Invent conference an online-only event. The conference typically happens at the end of the year in Las Vegas. This time, it will presented over three weeks from Nov. 30 to Dec. 18. Are you an Amazon Web Services employee? Contact this reporter via encrypted messaging app Signal (+1-425-344-8242) or email ([email protected]). Visit Business Insider's homepage for more stories. Amazon Web Services is making its annua...
Tags: Amazon, Congress, Trends, Las Vegas, Jeff Bezos, Signal, Amazon Web Services, AMZN


Jeff Bezos says he can't guarantee Amazon's policy against using seller data to dictate its private-label business has never been violated (AMZN)

Jeff Bezos said it's possible Amazon's policy against using seller data to dictate its own private-label products has been violated in the past.  "We have a policy against using seller-specific data to aid our private label business, but I can't guarantee you that that policy has never been violated," Bezos told Rep. Pramila Jayapal at Wednesday's tech antitrust hearing.  Bezos went on to say that the policy itself is "voluntary" in that Amazon chose to create it and that the company treats it...
Tags: Amazon, Congress, Trends, Jeff Bezos, Wall Street Journal, Journal, Bezos, House Judiciary Committee, Pramila Jayapal, AMZN, David Cicilline, Nate Sutton


Amazon said it would spend all $4 billion of its Q2 profits on COVID-19 responses. Wall Street still expects a profitable quarter. (AMZN)

Amazon reports its second-quarter earnings on Thursday. Wall Street expects Amazon to report a profitable quarter, even though the company warned it would spend all of the $4 billion in expected operating profit in COVID-19-related initiatives. The bullish forecast is backed by strong sales growth and the continued expansion of Amazon's high-margin businesses, like its cloud and advertising segments. Visit Business Insider's homepage for more stories. In April, Amazon said it planned to spend...
Tags: Amazon, Wall Street, Trends, Aws, Jeff Bezos, Morgan Stanley, Jefferies, Rbc, Davidson, GAAP, FactSet, AMZN, Tom Forte, COVID


Jeff Bezos will tell Congress that Amazon's size is a good thing, and that it faces plenty of competition from rivals like Walmart: 'Just like the world needs small companies, it also needs large ones' (AMZN)

Amazon posted CEO Jeff Bezos' prepared testimony Tuesday on its blog ahead of his appearance at the historic Congressional tech antitrust hearing on Wednesday. Bezos plans to argue that Amazon's size benefits consumers, sellers, and the economy, and that it faces plenty of competition from rivals including Walmart, Instacart, and Shopify. "Just like the world needs small companies, it also needs large ones," Bezos is expected to say. Bezos along with the top executives of Apple, Facebook, and ...
Tags: Google, Amazon, Mark Zuckerberg, Congress, US, Trends, Walmart, Jeff Bezos, Boeing, Sundar Pichai, Shopify, Kroger, Bezos, Congressional, Apple Facebook, Walmart Target Costco