Amazon shares fell sharply on Friday, sliding more than 9% after the company outlined an aggressive capital spending plan that unsettled investors already wary about the sustainability of the artificial intelligence boom. The drop added to a broader technology selloff, as market participants questioned whether escalating investments in AI infrastructure could outpace future returns and create excess capacity across the sector. The e-commerce and cloud computing group disclosed in it

Keurig has issued a voluntary recall of more than 80,000 decaf coffee pods after discovering that the products may contain caffeine. The recall applies specifically to K-Cup pods labeled as McCafe Premium Roast Decaf Coffee, with a best-by date of November 17, 2026, and a UPC code of 043000073438. Consumers who purchased these pods are advised to check their inventory, as the product may not meet its labeled decaf specifications. The recall was initially announced on December 6, 2025,

United Parcel Service announced Tuesday that it plans to eliminate approximately 30,000 positions during the current year as the company continues to wind down its longstanding business relationship with Amazon and executes a broader, multi-year turnaround strategy. The workforce reduction is expected to be driven primarily by lower shipping volumes connected to the gradual exit from Amazon-related operations. Speaking during a conference call with analysts following the release of

Amazon is poised for a new round of layoffs, expected to affect as many as 16,000 employees, adding to the 14,000 roles eliminated in the previous round. These job cuts come as part of Amazon's broader restructuring plan, aimed at streamlining its operations and becoming more efficient, particularly in light of shifting demands in the tech industry and the growing influence of artificial intelligence. The latest wave of layoffs is set to target several core teams, including those at Amazon We

A children’s costume sold through Amazon has been recalled after federal safety officials determined it contains prohibited toxic chemicals, prompting an urgent warning to parents and caregivers. The United States Consumer Product Safety Commission announced the recall on Dec. 11, advising consumers to immediately remove the costume from children’s access and destroy it to prevent potential harm. The recall involves SKCAIHT-branded costumes designed to resemble mermaid or princess outfit

Amazon has revealed one of its biggest commitments to India yet, announcing that it aims to help create 3.8 million job opportunities in the country by 2030. This comes at a time when the tech giant has laid off around 14,000 employees globally, highlighting a contrasting strategy between global restructuring and India-focused expansion. The announcement was made during the Smbhav Summit in New Delhi, where Amazon outlined its long-term roadmap for the Indian market. The company says it will

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​Anthropic announced plans on Wednesday to invest $50 billion in a large-scale U.S. artificial intelligence infrastructure initiative, beginning with new data center projects in Texas and New York. The company said the facilities will serve as core components of its long-term strategy to accelerate research and support enterprise clients across industries that depend on high-performance AI systems. The data centers will be developed in collaboration with Fluidstack, an AI cloud platfo

In an unexpected move, Amazon employees across the United States woke up to text messages informing them that their positions had been eliminated. The company sent two text messages to affected workers before dawn—one instructing them to check their email and another offering a help desk number if they hadn’t received details about their role. These messages followed emails that confirmed the layoffs, effectively deactivating employee badges to prevent them from entering offices. This rou

Amazon Web Services (AWS) CEO Matt Garman recently emphasized the company’s confidence in its AI investments, despite laying off 14,000 corporate employees worldwide. The cuts, which represent about 4% of Amazon’s corporate workforce, come amid efforts to streamline management and focus resources on the company’s biggest strategic bets, particularly AI. Central to Amazon’s AI push is Project Rainier, an $11 billion AI data center in Indiana, purpose-built to train and run AI

Amazon is preparing for its biggest round of corporate job cuts since 2022, with plans to eliminate up to 30,000 positions starting Tuesday. The move affects nearly 10% of its corporate workforce and follows years of smaller layoffs across divisions such as devices, HR, and operations. Sources suggest that the job cuts will impact multiple departments, including Amazon Web Services (AWS), human resources (PXT), and corporate operations. Managers have reportedly undergone training on how to co

Walmart Inc. has temporarily halted its job offers to candidates requiring H-1B work visas, according to people familiar with the company’s internal hiring policy. The decision follows the Trump administration’s recent move to impose a $100,000 application fee on new H-1B petitions — a significant shift in immigration policy that has prompted widespread reassessment among U.S. corporations employing international talent. The temporary hiring freeze primarily affects Walmart’

COLUMBUS, Ohio – Amazon’s ongoing data center construction in Hilliard is now facing new scrutiny after the company proposed adding a large fuel cell facility to help power the site. While the project aims to expand energy efficiency and sustainability, residents living near the site have voiced growing concerns about potential safety risks and environmental impacts. The plan has sparked debate among city officials and community members about the speed of approval and the lack of local re

Amazon is reportedly preparing for another significant round of job cuts, this time targeting its human resources division as part of a broader organizational shift toward automation and artificial intelligence. According to people familiar with internal discussions, the company may reduce up to 15 percent of staff within its People eXperience and Technology (PXT) department, a key unit responsible for managing employee relations and corporate culture. While the exact number of layoffs and th

Millions of Amazon customers are set to receive refunds after the company agreed to a $2.5 billion settlement over its Prime membership practices. The settlement includes $1.5 billion in consumer refunds and a $1 billion civil penalty, making it one of the largest of its kind. At the center of the dispute were claims that Amazon misled customers into signing up for Prime memberships and created barriers that made cancellations unnecessarily complicated. The case was tied to the Re

The wave of layoffs across global technology giants shows no sign of slowing down in 2025. Microsoft, Salesforce, Oracle, and Tata Consultancy Services (TCS) are the latest to announce large-scale workforce reductions as artificial intelligence reshapes the tech industry. Salesforce revealed plans to cut hundreds of jobs in San Francisco and Seattle, attributing the decision to its AI platform Agentforce, which is no

In today’s competitive business landscape, data has become the most valuable resource for making smart, timely decisions. Amazon Web Services (AWS) AI is helping organizations unlock the full potential of their data by providing advanced tools for analysis, automation, and prediction. From startups to large enterprises, AWS AI offers scalable and cost-effective solutions that make it easier to gain insights, improve customer engagement, and streamline ope

A traffic incident in Mineral Wells, Texas, on Monday has sparked concerns about drowsy driving after a vehicle crashed into an Amazon delivery truck on NW 4th Avenue. According to residents at the scene, the driver of the car reportedly fell asleep at the wheel moments before the collision occurred. The crash happened during daylight hours and startled residents in the neighborhood who witnessed the aftermath. Kristy Beck Miller, a local resident who responded to the scene, confirm

The Federal Trade Commission has issued a strong warning to consumers about a new scam involving fake text messages that appear to come from Amazon. According to officials, many individuals have reported receiving texts that claim an item they purchased has been recalled. These messages include a link promising a full refund, but the FTC has clarified that these messages are fraudulent and designed to steal money or personal information from unsuspecting victims. Scammers are becomi

In a uniquely Texas-style traffic incident, a truck carrying Cheetos collided with an Amazon Prime delivery vehicle along SH 130 Southbound at Moore Road in Travis County. The crash, which occurred on Thursday, left the highway partially covered in orange snack puffs and packaging debris, but thankfully resulted in no injuries. The Mustang Ridge Police Department shared details of the crash via a Facebook post, notin