Trading Profile: Amazon.com, Inc. operates as an online retailer in North America and internationally. It operates through the North America, International, and Amazon Web Services (AWS) segments. The company serves consumers through retail websites, such as amazon.com, amazon.ca, and amazon.com.mx, which primarily include merchandise and content purchased for resale from vendors and those offered by third-party sellers. It also offers programs that enable sellers to sell their products on company's websites, and their own branded websites; and programs, which allow authors, musicians, filmmakers, app developers, and others to publish and sell content. In addition, the company serves developers and enterprises through AWS that provides compute, storage, database, analytics, applications, and deployment services in start-ups, enterprises, government agencies, and academic institutions. Further, it manufactures and sells electronic devices, including Kindle e-readers, fire tablets, fire TVs, echo, and fire phones; and provides Kindle Direct Publishing, an online platform that allows independent authors and publishers to make their books available in the Kindle Store. Additionally, the company offers Amazon Prime, an annual membership program, which provides free shipping of various items; access to instant streaming of movies and TV episodes; and access to books to borrow and read on a Kindle device, as well as provides publishing, digital content subscriptions, and advertising services; and co-branded credit card agreements. Amazon.com, Inc. was founded in 1994 and is headquartered in Seattle, Washington.
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Recent AMZN News from Yahoo Finance & Seeking Alpha
Amazon India slashes seller referral fees in retail growth push »
Amazon will stop charging sellers in India referral fees for products under 1,000 rupees ($10.98), the company said on Monday, as it looks to attract more merchants to its online marketplace and get a stronger footing in the country's competitive e-commerce industry. The move expands on Amazon's 'zero-referral fee' policy launched last year, which covered roughly 12 million products priced below 300 rupees and helped drive a 50% surge in new sellers joining Amazon in India. A referral fee is a commission that sellers pay to Amazon for each product sold.
Anthropic’s Battle With President Trump Over AI Weapons Needs to Be ‘Resolved Quickly’ »
Anthropic promised to fight its banning by the War Department in an argument over the future of autonomous systems and weapons for military use.
Amazon’s US$50b OpenAI Deal Recasts AWS And Valuation Story »
Amazon.com (NasdaqGS:AMZN) announces a $50 billion investment and technology partnership with OpenAI. Amazon Web Services will become the exclusive cloud provider for OpenAI's enterprise platform. The agreement includes a multibillion dollar expansion of their cloud alliance and jointly developed AI tools and infrastructure. This move ties Amazon more tightly to one of the highest profile AI model developers while reinforcing Amazon Web Services as a core part of the company story. For...
"A stark contrast": Wall Street weighs winners and losers amid AI-driven tech sell-off »
Wall Street strategists see key distinctions among certain names in tech in the near term.
Solar light causes fire that engulfs TN home in 20 minutes — owner says he got the 'little decorative' item off Amazon »
They barely escaped with the clothes on their back.
Older Archived News Amazon.com Inc
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