The latest job cuts target about one-quarter of the workers in the publishing company's standalone software unit, Arc XP.
Amazon's surge in free cash flow prompts speculation on potential shifts in its capital-return strategy, as analysts anticipate enhanced shareholder rewards.
Amazon founder Jeff Bezos took back his spot as the world's richest man on Monday, dethroning Elon Musk on the Bloomberg Billionaires Index.
Amazon's inclusion in the Dow Jones Industrial Average replaces Walgreens, signaling a shift towards tech dominance in the market.
Amazon said a company filing Friday that its founder had adopted a trading plan to sell up to 50 million shares over a period ending Jan. 31, 2025.
The house where Jeff Bezos founded online shopping mammoth Amazon is up for sale, offering one lucky buyer the chance to own a piece of internet history.
The world's wealthiest five men have more than doubled their fortune since 2020, the charity Oxfam said on Monday, as it called on nations to resist the ultra-rich's influence over tax policy.
Jeff Bezos is the third-richest man in the world today, behind Elon Musk and Bernard Arnault. Here's a look at his net worth and where it could be in 2024.
The American company Blue Origin plans to launch its rocket Big Shepard Monday for the first time since an accident more than a year ago, as the firm founded by billionaire Jeff Bezos heads back into space.
The move comes after reports of a purchase of a $79 million property by the billionaire in the Miami area.
US aviation regulators said Wednesday that Blue Origin must complete "21 corrective actions" before it can resume launches, closing a probe into an uncrewed crash last year that set back Jeff Bezos's space company.
Mackenzie Scott is now the 37th richest person in the world.
Jeff Bezos, the founder of e-commerce giant Amazon, was named the world's second-richest man in 2022, a year after he stepped down as CEO.
From college dropouts to sons of wealthy families, these ten individuals launched the business empires that helped them become the world's richest people.
Ahead of Bezos is chief technology officer and co-founder of software giant Oracle Larry Ellison with a net worth of $156.2 billion; LVMH chairman and CEO Bernard Arnault with a net worth of $229.7 billion; and Tesla and SpaceX founder and CEO Elon Musk with a net worth of $236.9 billion, per Forbes' real-time billionaires' list.
Bezos and Sanchez reportedly got engaged while sailing around the Mediterranean this month.
Newly engaged couple Jeff Bezos and Lauren Sánchez are currently in France.
Fans can already start ruling out Jeff Bezos for ownership of the Washington Commanders.
Jeff Bezos continues to have his name in the rumor mill of purchasing the Washington Commanders.
Lauren Sánchez probably had a nose job and facelift, according to plastic surgery experts.
Earvin "Magic" Johnson may be the ace in the hole for his group to acquire the Washington Commanders.
Codenamed Y721 or Project 721, the 417-foot-long super vessel was seen leaving Rotterdam on Feb. 13 after completing a round of tests.