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Perplexity responds to Amazon’s legal notice; says in an open letter: Amazon should not forget how it got so …

Perplexity AI is very upset over the legal notice that the company has received from Amazon. The ‘Cease and Desist’ notice from Amazon asks Perplexity to block its AI agent on the Comet browser from making purchases on Amazon’s platform on behalf of users. Perplexity has rejected Amazon’s claims, accusing the e-commerce giant of using…

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US markets today: Amazon’s blockbuster earnings lift Wall Street toward record highs; Big Tech results keep rally on track

Wall Street moved higher on Friday, powered by a sharp rise in Amazon shares that helped push the S&P 500 near record levels and positioned it for another strong week and month. The S&P 500 climbed 0.6%, recouping most of Thursday’s losses and nearing its all-time high set earlier in the week. The index is…

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Amazon’s biggest layoffs; HR head in email to 14,000 fired employees: I’m personally committed to … |

Amazon is laying off around 14,000 corporate positions, marking its biggest job cuts since the pandemic-era reductions that saw 27,000 employees exit between 2022 and 2023. The layoffs represent approximately 4% of Amazon’s 350,000-strong white-collar workforce and come despite the company posting $18 billion in quarterly profits. Affected employees received termination notices on the morning…

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Morgan Stanley’s estimate on Amazon’s 600,000 job cuts that the ecommerce giant said is ‘wrong’

AI generated image for representation Amazon has dismissed a recent report that alleged the company was planning to replace 600,000 jobs with robotic automation. The e-commerce giant called the report, which is based on internal documents, “wrong” and “incomplete.” The New York Times report in question cited several internal strategy documents to claim that Amazon…

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