Not too long ago, when most people heard the word “drones,” they thought of unmanned military aircraft engaged in highly controversial clandestine operations. But when Jeff Bezos announced that Amazon was testing the idea of delivering packages via drones, he made drones with popular commercial application suddenly seem like a viable proposition. Show More Summary
Here's what will be on people's minds during the next seven days in tech: Facebook is looking at getting into the payments and remittances business, and so is Amazon. Amazon is also reportedly developing its own phone. The race to dominate mobile payments remains the hottest area in tech. Show More Summary
Annual shareholder letters don't always make for scintillating reading, but as these things go, Amazon CEO Jeff Bezos's can be pretty entertaining if only as a picture of the founder's insane ambitions. This year's doesn't disappoint (you can read it here). Show More Summary
Would you pay your own employees to quit? Amazon CEO Jeff Bezos's move to do just that is getting a lot of attention, with coverage of the unusual human resources practice showing up everywhere from the Post to Time to USA Today last week after it was shared in his annual letter to shareholders. (Disclosure: […]
Amazon CEO Jeff Bezos laid out bold plans for the future in his annual letter to shareholders.
The pressure is on for Amazon to amp up its payments efforts. CEO Jeff Bezos is lighting a fire under Amazon's team to make payments one of its top areas of focus and investment, according to Re/Code's Jason Del Ray. “Jeff’s told usShow More Summary
In a letter to shareholders, Amazon's CEO reveals the tech company's terrifying future
Amazon's Appstore almost tripled in size in the past year, growing to include more than 200,000 apps, the company's CEO Jeff Bezos announced. Bezos revealed the latest numbers for Amazon's app marketplace in a letter to shareholdersShow More Summary
Amazon is offering its warehouse employees up to $5,000 to quit their jobs, even as the company is in the process of adding workers and locations. The "Pay to Quit" program, which was announced by CEO Jeff Bezos in his letter to shareholders late Thursday, is an effort to make sure that the Internet retailer's employees really want to be there.
Amazon’s Mayday customer service feature introduced last year is one of the company’s inventions that was highlighted in Jeff Bezos’ recent letter to investors. The executive happily proclaimed that the service is a success, but in doing...Show More Summary
On Thursday CEO Jeff Bezos updated Amazon shareholders in an annual letter that disclosed information about the company's employee pay-to-quit program, grocery deliveries and, oh yeah, they are still moving forward with that drone delivery program. Bezos announced
Amazon CEO Jeff Bezos published his annual shareholder letter yesterday. There are many interesting aspects of the letter, which covers everything from severance pay to drones, but perhaps the most important is Bezos’ commitment to expanding the Amazon Fresh service. Amazon Fresh, which allows subscribers to receive same-day delivery of groceries and other goods for $299...
Happy Friday, everyone. Jeff Bezos, who wisely laughed Ezra Klein out of the Washington Post, says "umm, hey, we weren't kidding about that Amazon.com drone thing." And speaking of delivery by air, it looks like the A-10 is only mostly...
After many critics (including us) derided his announcement late last year that his company was testing delivery drones, Jeff Bezos says Amazon is doubling down on this wildly ambitious project. Not only is the delivery drone program happening, but according to the CEO, it’s well underway.
Retail giant's CEO discusses service that would deliver items using an unmanned aerial vehicle
Amazon CEO Jeff Bezos sent out his annual letter to shareholders this week, and Business Insider takes note of one part in particular about the company's "Pay to Quit" program. Amazon offers some employees up to $5,000 to leave, and Bezos explains that the principle is "pretty simple": "Once...
The leading digital comics platform, responsible for the sale of more than four billion pages of comics in 2013 alone, is part of Jeff Bezos' empire now.
Amazon's annual shareholder letter from CEO Jeff Bezos is out today, and it includes a few juicy details on Amazon's products, services and future plans, though not any hard data like how many dang Kindles Amazon has sold, of course....Show More Summary
In his annual shareholder letter, CEO Jeff Bezos also announced it will pay unhappy employees $2,000 to quit in their first year. Amazon CEO Jeff Bezos released his annual shareholder letter Thursday, giving a progress report of the company's various products and initiatives. Show More Summary
Grocery delivery fans outside of Seattle and California, rejoice: Amazon plans to expand its AmazonFresh offering beyond its current three markets, CEO Jeff Bezos confirmed in his 2013 letter to shareholders published on Thursday. “We’ll continue our methodical approach – measuring and refining AmazonFresh – with the goal of bringing this incredible service to more... Read More