latest news in Amazon

Amazon's Q1 2025 Earnings Highlight Tariff Challenges and Strategic Growth

Amazon's Q1 2025 Earnings Highlight Tariff Challenges and Strategic Growth

Seattle, Thursday, 1 May 2025.
Amazon’s Q1 2025 earnings report reveals an 8% revenue increase to $155 billion amidst tariff challenges, with significant growth in Amazon Web Services and strategic investments in AI and inventory.

Amazon Withdraws Tariff Cost Display Plan After Trump's Intervention

Amazon Withdraws Tariff Cost Display Plan After Trump's Intervention

Washington D.C., Wednesday, 30 April 2025.
Amazon abandoned its plan to display tariff costs following a call between Jeff Bezos and President Trump. The move, initially criticized as political, reveals tensions over transparency in pricing.

Amazon's Project Kuiper Satellites Successfully Launched

Amazon's Project Kuiper Satellites Successfully Launched

Cape Canaveral, Tuesday, 29 April 2025.
Amazon launched its first set of Project Kuiper satellites from Cape Canaveral, aiming to revolutionize global internet access and directly compete with SpaceX’s Starlink network.