Amazon
The American technology and e-commerce company Amazon was founded in 1994 by the world's richest man Jeff Bezos. Amazon started off as an online marketplace for books and now focuses on e-commerce, cloud computing, digital streaming, and artificial intelligence.
It is one of the Big Five American technology companies alongside Apple, Alphabet, Meta, and Microsoft. Amazon's subsidiaries include Amazon Web Services, Twitch, Ring, and Whole Foods Market.
Amazon also provides services such as Amazon Music, Amazon Prime Video, and Audible. The company has been criticized for its demanding work culture and anti-competitive behavior.
Launch Date: July 5, 1994
Location: Seattle, Wash.
Industry: Mixed Retailing
Sector: Retail / Wholesale
CEO: Andy Jassy (formerly Jeff Bezos)
Traded on: NASDAQ
Valuation: $1.6 trillion
Latest Amazon News and Updates
Unleash the Cash Flow: Effortlessly Sell Journals on Amazon and Make Bank
One passive income stream that has been getting a lot of attention is selling journals on Amazon. How do you publish a low-content book on Amazon?
Is Amazon Flex a Good Employment Option? Side Hustle Pros and Cons
Is Amazon Flex worth it? We'll discuss the pros and cons of a side gig with Amazon Flex and compare it to similar side hustles. Let's get into it.
Yes, You Can Still Get Free Returns on Amazon — Here's How
One of the best parts of shopping on Amazon is their free returns - here are five tips for making sure your Amazon returns are free.
Jeff Bezos’s Net Worth Is 1.7 Million Times the Median U.S. Household Income
Jeff Bezos has a net worth of $121 billion, making him one of the world's richest people. Surprisingly, he doesn't have much of that in cash.
Roku vs. Fire Stick: Which Streaming Device Is More Cost-Effective?
If you’re ready to pull the plug on cable and switch to streaming, how do you know which device to use? Let’s look at Roku vs. Fire Stick.
Did You Receive an Amazon OTP Text? How to Tell If It's a Scam or Legit
Many people are receiving an Amazon OTP (one time password) text out of the blue. It might indicate that someone is trying to access your account.
Amazon Is Closing More Stores — These Locations Will Be Impacted
In March 2022, Amazon announced that it would close its 68 brick-and-mortar bookstores. More Amazon store closures will happen in April 2023. Why?
How to Spot New Amazon Text Message Scam and Protect Yourself
A new Amazon text message scam is just one of many ways scammers try to get people's personal information and money. Here's how to spot the scam.
Daniel Olayiwola’s 'Surviving Scamazon' Podcast Fights for Amazon Workers’ Rights
Amazon warehouse worker Daniel Olayiwola pitched a shareholder proposal to fight for workers' rights and launched the 'Surviving Scamazon' podcast. Here's what you should know.
Amazon Fresh Adds Delivery Fees — Is It Still Worth It for Prime Members?
Amazon Prime members who shop at Amazon Fresh grocery stores will now have to pay to get their groceries delivered. Is Amazon Fresh still worth it?
Amazon Pharmacy Announces RxPass for Prime Members — Is It a Good Deal?
Amazon has announced RxPass, which is a new benefit for Prime members. Is Amazon RxPass with Amazon Pharmacy a good deal? Here's what we know.
Don't Miss Amazon's Top Cyber Monday Deals in 2022
Amazon is ready for holiday shoppers with special Cyber Monday deals for everything from clothes to electronics to everyday essentials.
You Could Win Up to $20 a Day Playing Amazon’s Spin the Wheel Game — Here's How to Play
You could win up to $20 a day while playing Amazon’s Spin & Win game now through Nov. 28, 2022. It’s free to play and is accessible in the Amazon app.
Prime Day vs. Black Friday — When's the Best Time to Shop?
Prime Day and Black Friday both offer steep discounts, but which one is better? Here's how to decide which sales are best for you.
Amazon Drivers Are Planning Not to Work on Halloween Following Deadly Dog Attack
Following the death of an Amazon driver who was attacked by dogs while on the job, drivers are calling for a nationwide no-show on Halloween to protest Amazon.
Amazon Customers Will Have Venmo Payment Option by Black Friday
Shoppers will soon be able to pay for Amazon purchases using their Venmo account. Here's when you can expect this to roll out and how it works.
Amazon Offers Up to $3,000 in Sign-On Bonuses — But It's Not Paid out Right Away
Amazon is offering sign-on bonuses of up to $3,000 for many of the positions it has open. Here's how the Amazon sign-on bonus is paid out and how you can apply for these jobs.
Is “Amazon Prime Pmts” Showing Up on Your Credit Card? Here’s What It Means
If you recently noticed "Amazon Prime Pmts" posted on your credit card statement, it's because you agreed to become an Amazon Prime member.
Score a $10 Amazon Credit When You Buy These Gift Cards During Prime Early Access Sale
Amazon is giving away a $10 credit when you purchase a $50 Amazon gift card during its Prime Early Access sale. You can also get $10 when you buy a $50 Gap, Fanatics, Panera Bread, or Doordash gift card.
Amazon Is Offering Holiday Workers a Signing Bonus, But Is There a Catch?
Amazon plans to hire another 150,000 employees in various positions before the holiday season. Hiring bonuses are available for some positions.
Start Holiday Shopping Early With These Amazon Prime Day October 2022 Deals
The Amazon Prime Day October 2022 event is scheduled for Oct. 11–12 and will feature sales on holiday must-haves including electronics, appliances, and toys.
Here's How to Get a Second Chance at Prime Day in 2022
Amazon Prime Day has come and gone. However, members can get doorbuster sales once again this fall. Here's what we know about Amazon’s second Prime Day.
Amazon Product Tester Jobs Could Be a Great Side Hustle if You Can Snag an Invitation
What kind of Amazon product tester jobs from home are available, and what do they pay? Let’s take a closer look at this opportunity.
Amazon Made It Easier to Report Phishing Emails
Phishing emails that appear to come from Amazon but don't often contain a string of numbers and letters. A real Amazon email will contain "amazon.com." Here's how to report fake Amazon emails.
Amazon Is Paying Big Bucks for Thursday Night Football
Amazon (AMZN) just scored the rights to Thursday Night Football. How much did the e-commerce giant pay for it? Here's what we know about the deal.
Side Hustle: How to Make Money Selling Books on Amazon
You can make money by selling books on Amazon, whether you buy wholesale or used books, or simply sell those you already own. Here are some tips.
Buying Amazon Return Pallets and Reselling Products Can Be a Profitable Side Hustle
Buying Amazon return pallets can be a great way to step into the reselling industry. How can you buy these pallets? Here's what we know.
Why the FTC Is Investigating Amazon — and Why Amazon Is Biting Back
The Federal Trade Commission (FTC) is investigating Amazon’s Prime subscription business, and Amazon is biting back. Here's what we know.
Amazon Stock Could Be Worth More Than Market Valuations — Here's Why
In 2021, Amazon missed out on $2 trillion market capitalization. How much is Amazon stock worth in 2022? What has been impacting the stock?
Amazon Buys Roomba Maker iRobot for $1.7 Billion Amid Race to Collect Data
Roomba was one of the first companies with robotic vacuums on the market. Now, Amazon owns the company after purchasing its parent company iRobot.
Jeff Bezos Still Owns Amazon, Holds 9.8% Stake in the Company
It has now been over a year since Jeff Bezos stepped down as Amazon’s CEO. Why did Bezos step down and does he still own Amazon?
Amazon Leadership Principles: Cornerstones of Job Interview Questions
Amazon Leadership Principles are a cornerstone of job interview questions at the Jeff Bezos company. Here's what we know about the questions.
Amazon’s New Fake Reviews Lawsuit, Explained
Amazon is sick of the fake review market and is trying to clean up its marketplace with a lawsuit. Here's what we know so far about the lawsuit.
Will There Be Another Prime Day in 2022? Possible Fall Sale
Although Amazon's two-day Prime Day typically happens in July, some speculate that a fall Prime Day event may be coming as well. Here's what we know.
What Inflation? Amazon Prime Day 2022 Was Biggest Ever
Inflation didn’t hurt Amazon’s Prime Day sales. This year’s event was the biggest Prime Day ever, the company says. How much did Amazon make on Prime Day in 2022?
The History of Amazon, From Jeff Bezos' Garage to Multi-Billion Dollar Company
A complete timeline of Amazon's history, from its founding on July 16, 1995, as an online to bookseller to becoming one of the biggest e-commerce sites in the world.
Prime Day Celebrates a Special Day for Amazon, Big Deals for Consumers
Amazon's Prime Day is finally here, and consumers can take advantage of one of the best sale events of the year. But why is Prime Day in July?
Save More on Prime Day With Amazon's Secret Coupons
Did you know Amazon has a secret coupon page you can access throughout the year for deals. When shopping on Prime Day, the secret coupons can help you save even more.
Walmart Sale Versus Amazon Prime Day: Who Has Better Prices?
Walmart won’t be participating in the discount sales battle with Amazon Prime Day because it already has discounted items. How does the Walmart sale versus Prime Day compare?
Amazon Prime Day Deals Are Now On—Even Electronics
Amazon Prime Day is scheduled for July 12 and13, although the company is already offering deals on various electronics.
How Much Does Jeff Bezos Make a Second? His Wealth Visualized
Jeff Bezos continues to rank among the world’s top billionaires alongside rival Elon Musk, even after stepping away as Amazon CEO — so how much does he make a second today?
Amazon Delivers to Rural Areas — Here's How the Program Works
Amazon’s new delivery program uses local stores to get packages to residents in rural areas. Here's how Amazon's delivery system works.
Amazon Prime Is Worth the Cost for Most Despite the Price Increase
In February 2022, Amazon increased the subscription for its Prime Service in the U.S. Is Prime worth it for most people? Let's look at the delivery and streaming markets.
Amazon Is Losing Money In 2022—Here’s Why
Amazon (AMZN) posted disappointing earnings, causing its stock to plummet. Why is Amazon losing money in 2022?
Will Amazon Acquire Future Retail After Its Indian Competitor Drops It?
The battle over the Indian retail market continues. Will Amazon finally acquire Future Retail now that competitor Mukesh Ambani has stepped back?
Amazon Fuel Surcharge Could Heighten Consumer Prices for E-Commerce Giant
Amazon is doing something about rising fuel costs and inflation. Here’s how the Amazon fuel surcharge for sellers could impact consumers.
Amazon Warehouse Injury Rates Were Double Those of Rivals in 2021
Amazon's serious injury rates among warehouse workers increased in 2021 and were double those of all other warehouse companies. What's causing the high injury rates?
Is Amazon Prime Coming to an End? Grassley Amazon Bill, Explained
Commercials are warning about a bill that will take away Amazon Prime two-day free shipping benefits. Here's the Grassley Amazon bill explained in more detail.
Amazon-MGM Deal Seeks FTC Go-Ahead After EU Approval
Amazon wants to acquire Hollywood studio MGM, but U.S. regulators still have approve it. When will the Amazon-MGM deal close?
Amazon Is Boosting Its Base Pay Cap to $350,000—But Don’t Get Too Excited
Amazon announced that it would be increasing its maximum base salary in 2022 for certain types of workers, from $160,000 to $350,000.