Amazon
Amazon.com, Inc., doing business as Amazon, is an American multinational technology company engaged in e-commerce, cloud computing, online advertising, digital streaming, and artificial intelligence. Founded in 1994 by Jeff Bezos in Bellevue, Washington, the company originally started as an online marketplace for books, but gradually expanded its offerings to include a wide range of product categories, referred to as "The Everything Store". Amazon is considered part of the Big Tech group, alongside Nvidia, Microsoft, Apple, Alphabet, and Meta. Wikipedia
Website: www.aboutamazon.com
Symbol: NASDAQ:AMZN
Owns
Latest news
- Oct 29: Amazon is to cut 14,000 corporate jobs, and has warned of further cuts next year. It’s yet another set of cuts for the company: just within podcasting, it had cut 110 jobs at Wondery in August; a “small number” at Wondery in March; and closed Wondery’s entire operations in Mexico and Brazil in February. The cuts were announced before affected employees were individually told; Amazon’s share price rose 1% on the news. Apparently AI will replace some of the roles, which will be lost across the business.
- Oct 27: La Verdad Noticias carries some podcast consumption data from México - which says that 77.4mn people listen to music, podcasts or audiobooks on platforms like Spotify, Amazon Music, Apple or YouTube Music (which is 80% of all internet users). 14.3mn have paid subscriptions (two thirds of those with Spotify).
- Oct 24: Another day, another agreement between a TV streamer and a podcaster: this time, it’s the NYT’s The Athletic, which launches The Athletic Show on Amazon Fire TV this Saturday.
- Oct 23: The People’s Republic of Astoria is new today - following the grassroots movement in a Queens neighborhood that defeated a ten-term congressman, took on Amazon, and is now competing for City Hall — told through the eyes of those who built it from the ground up.
- Oct 21: A significant failure on Amazon Web Services led to fifteen hours of disruption to a number of services hosted at us-east-1, including some podcast hosting companies. Amazon systems deliver 63% of all podcast episodes.
Data credits: Podnews newsletter, Wikipedia