Andy Jassy

Amazon takes on India rivals with Bazaar, a low-cost fashion store

Amazon has quietly introduced a “special store” called Bazaar in India, featuring affordable and trendy fashion and lifestyle products, as it ramps up efforts against Walmart-owned Flipkar

AWS revenue growth dropped to 12% in Q2, but company remains optimistic about cloud biz

Amazon has seen AWS growth rates dropping substantially over the last three quarters, from 20% to 16% to 12% this quarter. That’s not the kind of trend any company wants to see, but especially for a

Amazon plans to invest another $15B in India by 2030

Amazon plans to more than double its investment in India in the next seven years, the e-commerce group said, joining a roster of other high-profile American giants ramping up commitment to the South A

AWS takes a hit in latest round of Amazon layoffs

When Amazon announced it was laying off another 9,000 employees today, AWS employees were not exempt with Amazon CEO (and former AWS CEO) Andy Jassy announcing the cloud division would be included int

AWS says growth dropped to mid-teens to start new year as customer cost-cutting continues

Yesterday Amazon reported earnings, with AWS growing a modest 20% for the quarter over the prior year to $21 billion. But perhaps even more troubling, the company reported in the earnings call with an

While Amazon had a rocky year, AWS remains a reliable cash cow

Although Amazon as a whole has hit a bit of a post-peak pandemic rough patch, AWS keeps delivering.

Amazon CEO Andy Jassy faces enormous challenges amid falling profits and negative numbers

Amazon CEO Andy Jassy worked his way to the corner office the old-fashioned way but is facing immense challenges amid falling profits.

Amazon exec confirms corporate hiring freeze through end of year

Given the ongoing economic headwinds and the company’s expensive belt-tightening under CEO Andy Jassy, it ought not come as a surprise that Amazon has instituted a corporate hiring freeze. The retai

Analysts estimate single-digit growth for all retailers during Prime Day sales

Amazon’s annual sales event Prime Day delivered more than $12 billion in sales, according to third-party estimates. The retailer hosted the popular shopping event in the U.S. and in more than 15

Amazon Prime Day lands on July 12-13

Prime Day, Amazon’s annual event where it and sellers on the platform discount a huge number of items for a burst of sales activity, is coming to a screen near you. Today, the e-commerce giant a

Amazon stock plunges to two-year low following first-quarter loss

Amazon stock plunged to a two-year low as shares slid as much as 12% on Friday morning after the company reported its first-quarter results yesterday. The company reported a loss of $3.84 billion, or

AWS will buy a SaaS company, and other 2022 enterprise predictions

It's always a sticky business predicting what's going to happen in tech, because who knows what's going on behind the scenes or what's coming next.

Five stories that shook up the enterprise in 2021

There is often a mistaken impression that covering the enterprise is kind of dull when compared to the consumer side of the house, but having followed the space for a couple of decades now, I can tell

Why Amazon CTO Werner Vogels isn’t ready to retire just yet

Amazon CTO Werner Vogels has been in his job for 16 years, but the 63-year-old isn’t quite ready to retire. “There is so much more to do. I’m not finished yet,” he told me duri

‘What does this have to do with selling books?’

Adam Selipsky gave his first AWS re:Invent keynote this morning since taking over as CEO from Andy Jassy earlier this year. He had big shoes to fill, but it’s not as though Selipsky was a comple

With his first re:Invent looming, what will AWS’s new boss bring to the table?

It’s that magical time of year. No, I’m not talking about the upcoming holiday season. Instead, it’s time for AWS’s annual customer extravaganza re:Invent, which starts next we

Lawmakers ask Amazon what it plans to do with palm print biometric data

A group of senators sent new Amazon CEO Andy Jassy a letter Friday pressing the company for more information about how it scans and stores customer palm prints for use in some of its retail stores. Th

Extra Crunch roundup: Crucial API metrics, US startup funding, advanced SEO tactics

Thanks very much for reading Extra Crunch this week!

3 analysts weigh in: What are Andy Jassy’s top priorities as Amazon’s new CEO?

We asked several analysts to identify the top problems he will have to address in his new role.

The single vendor requirement ultimately doomed the DoD’s $10B JEDI cloud contract

When the Pentagon killed the JEDI cloud program yesterday, it was the end of a long and bitter road for a project that never seemed to have a chance. The question is why it didn’t work out in th
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