May 14, 2026

Amazon

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One of the biggest Wall Street investors Michael Burry calls stock-based compensation for employees offered by Tesla, Google, Amazon and other tech companies as ‘penalizing…’

contact@dailyupdatesindia.com02 mins

Legendary investor Michael Burry has slammed Tesla and tech giants for diluting shareholder value through stock-based compensation, arguing it’s unfairly excluded from earnings. He highlighted Tesla’s 3.6% annual dilution and Elon Musk’s massive pay package as prime examples. Burry, known for predicting the 2008 crash, believes these accounting practices mask true costs, urging investors to…

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Thousands of Amazon employees send open letter to CEO Andy Jassy; say: We’re the workers who develop, train, and use AI, so we have …

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Thousands of Amazon employees have signed an open letter issuing some dire warnings about the company’s move toward AI. The letter, signed by more than 1,000 workers (and counting) calls out Amazon for pushing its AI investments at the expense of the climate and its human workforce. The letter’s supporters come from a wide array…

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iPhone 16 available under Rs 40,000 in Black Friday Sale 2025: How to grab the deal on Amazon, Croma and Flipkart

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iPhone 16 is now available for under Rs 40,000. If you’re considering an upgrade from an older iPhone or making the switch to Apple’s ecosystem, there’s good news. While the newly launched iPhone 17 has captured headlines, the iPhone 16 remains an excellent option, especially with Black Friday discounts slashing its price significantly below launch…

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Amazon sends message to engineers on in-house coding tool Kiro; says: We do not plan to…

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Amazon has ordered its software engineers to stop adopting third-party AI coding tools and pivot exclusively to Kiro, its proprietary development system, in a strategic push to close the gap with rivals OpenAI and Google, according to an internal memo reviewed by Reuters. The directive affects popular competing products including OpenAI’s Codex, Anthropic’s Claude Code,…

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Cloud expansion: Amazon to invest $50 bn in US government AI infrastructure; AWS expands secure cloud capacity

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Amazon on Monday announced a $50-billion investment to expand artificial intelligence and supercomputing capacity for the US government, positioning itself as a central player in developing customised AI technology for federal missions.In a statement, the company said the initiative will give US agencies access to advanced machine-learning services, AI chips and software-development tools supporting areas…

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Amazon founder Jeff Bezos: Employees at Amazon won’t last long without…

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Amazon founder Jeff Bezos has a clear message for anyone hoping to build a career at Amazon: if you can’t innovate, you won’t survive. The e-commerce giant’s founder revealed that his preferred interview question focuses entirely on a candidate’s ability to invent solutions rather than simply follow established processes.“When I interview people, I ask them…

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Amazon layoffs: Documents filed in New York, California, New Jersey and Amazon’s home state show engineers were worst hit

contact@dailyupdatesindia.com03 mins

Amazon announced last month that it is cutting around 14,000 corporate jobs. Amazon’s senior vice president of people experience and technology, Beth Galetti shared a blog post announcing the job cuts. In the post, Galetti said the company is making “organizational changes across Amazon” that will result in an “overall reduction in our corporate workforce…

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Amazon founder Jeff Bezos warns of possible Recession; advises what to bring off the table

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Amazon founder Jeff Bezos has once again issued one of his starkest warnings yet about the global economy. Bezos has urged the consumers and businesses to postpone their large purchases as the fear of recession is mounting. Speaking to CNN’s Chole Melas in an interview, Bezos has cautioned that the coming months could bring prolonged…

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Jeff Bezos’ ex-wife MacKenzie Scott on what made her give away billions from her stake in Amazon: It is these …

contact@dailyupdatesindia.com03 mins

MacKenzie Scott, ex-wife of Amazon founder Jeff Bezos, is one of the world’s most generous philanthropists. Since her divorce from Bezos in 2019, Scott has given away $19.25 billion through her philanthropic platform Yield Giving, making her one of the most prolific donors of the past five years. She has now revealed the reason why…

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