Spencer Soper
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Amazon Sold A Used Diaper. It Tanked A Mom-And-Pop Business
The company put the returned diaper back into circulation, prompting a scathing review that haunts the sellers to this day.
- Thursday July 18, 2024
- Author: Spencer Soper
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Amazon Snuffs Out Investor Hopes For Dividend Or Share Buybacks
Amazon.com Inc.’s growing cash pile had some investors betting the e-commerce and cloud computing giant would pay a dividend or buy back stock like Meta Platforms Inc. and Alphabet Inc. did earlier this year.
- Wednesday May 1, 2024
- Author: Matt Day, Spencer Soper
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Bezos Wraps Up 50 Million Amazon Stock Sale Netting $8.5 Billion
Jeff Bezos unloaded 14 million Amazon.com Inc. shares worth about $2.4 billion, finishing in just nine trading days the plan he disclosed earlier this month to sell up to 50 million shares.
- Wednesday February 21, 2024
- Author: Spencer Soper
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Bezos Wraps Up 50 Million Amazon Stock Sale Netting $8.5 Billion
Jeff Bezos unloaded 14 million Amazon.com Inc. shares worth about $2.4 billion, finishing in just nine trading days the plan he disclosed earlier this month to sell up to 50 million shares.
- Wednesday February 21, 2024
- Author: Spencer Soper
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Meta, Amazon Surge By $279 Billion After Cuts Boost Profit
Meta Platforms Inc. and Amazon.com Inc. spent 2023 cutting costs and re-focusing their businesses. It was a strategy that upended the lives of displaced tech workers in Seattle and Silicon Valley, but appears to have paid off handsomely for investors who are likely to continue reaping benefits.
- Friday February 2, 2024
- Author: Kurt Wagner, Spencer Soper
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Meta, Amazon Surge By $279 Billion After Cuts Boost Profit
Meta Platforms Inc. and Amazon.com Inc. spent 2023 cutting costs and re-focusing their businesses. It was a strategy that upended the lives of displaced tech workers in Seattle and Silicon Valley, but appears to have paid off handsomely for investors who are likely to continue reaping benefits.
- Friday February 2, 2024
- Author: Kurt Wagner, Spencer Soper
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Amazon Gains After Robust Sales, Strong Profit Outlook
Amazon.com Inc. reported strong profit and gave an operating income outlook that surpassed estimates, suggesting that Chief Executive Officer Andy Jassy’s unrelenting cost-cutting and focus on services that make money is reshaping the once free-spending company.
- Friday February 2, 2024
- Author: Spencer Soper, Matt Day
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Amazon Gains After Robust Sales, Strong Profit Outlook
Amazon.com Inc. reported strong profit and gave an operating income outlook that surpassed estimates, suggesting that Chief Executive Officer Andy Jassy’s unrelenting cost-cutting and focus on services that make money is reshaping the once free-spending company.
- Friday February 2, 2024
- Author: Spencer Soper, Matt Day
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Amazon’s Video Ad Push Aims To Turn TVs Into Shopping Carts
The company’s Prime Video service will start carrying commercials on Monday, a new business that’s expected to generate $5 billion this year.
- Monday January 29, 2024
- Author: Spencer Soper
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EBay To Cut 1,000 Jobs, Reduce Contractors To Sharpen Focus
The e-commerce company said it needs to be “more nimble” in the face of a “challenging” economic environment.
- Wednesday January 24, 2024
- Author: Spencer Soper
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Amazon Sellers Say Misleading AI Product Reviews Threaten Sales
Customer feedback summaries created by generative artificial intelligence sometimes mischaracterize products or exaggerate negative feedback.
- Tuesday December 19, 2023
- Author: Spencer Soper
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Amazon's Prime Day Evolves From Rummage Sale to Must-Shop Event
Many brands decided it's smarter to offer steep discounts and pay Amazon for advertising to win sales on the site than to sit out an event estimated to generate $3.4 billion in spending.
- Thursday December 7, 2023
- Author: Spencer Soper, Bloomberg
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Amazon’s Jeff Bezos Announces Move To Miami From Seattle
Amazon.com Inc. founder Jeff Bezos said he was moving to Miami from the Seattle region, relocating to be closer to his parents and the Cape Canaveral operations of Blue Origin LLC, his space exploration company.
- Friday November 3, 2023
- Author: Spencer Soper
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Amazon’s Jeff Bezos Announces Move To Miami From Seattle
Amazon.com Inc. founder Jeff Bezos said he was moving to Miami from the Seattle region, relocating to be closer to his parents and the Cape Canaveral operations of Blue Origin LLC, his space exploration company.
- Friday November 3, 2023
- Author: Spencer Soper
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Amazon Joins Web Summit Defection Following Israel Comments
Amazon.com Inc. joined companies and investors bowing out of the upcoming Web Summit technology conference in Europe after the event’s leader made controversial comments about Israel.
- Saturday October 21, 2023
- Author: Spencer Soper