Technology company
Appears in 13 stories
Subleasing 375,000 square feet at 1 Boston Wharf Road
Amazon will no longer occupy about 60 percent of the 17-story tower at 1 Boston Wharf Road that it leased in 2021. It is subleasing 375,000 square feet, available from January 2027, while building permits show it still plans a smaller move-in.
Updated Oct 9
Cutting corporate roles in repeated Washington rounds since October 2025
Amazon's fourth Washington layoff notice of 2026 covers 121 employees in Seattle, Bellevue and Sumner. Separations run October 1-27, with 43% of roles in software or applied science.
Signed 20-year nuclear PPA; scrapped data center plan at the plant
Amazon abandoned plans for a data center beside Maryland's Calvert Cliffs nuclear plant in August after fierce community opposition. Two months later it signed a deal to spend billions upgrading the plant instead.
Updated Oct 8
Announced the wage increase and expanded benefits package
Amazon's U.S. warehouse and delivery workers got a $1-an-hour raise effective September 27, pushing the company's minimum starting wage for full-time operations roles to $20. The increase, part of a $1.5 billion investment announced September 16, brings average hourly pay to nearly $24 and average total compensation past $32 an hour when benefits are counted.
Updated Oct 6
Online competitor in apparel, home, and essentials
Target cut prices on nearly 2,000 home and apparel items on September 29, the latest round in a price reduction campaign that has run since 2024. The move is part of CEO Michael Fiddelke's plan to end three straight years of declining sales.
Updated Sep 29
Parent company redirecting grocery investment to Whole Foods
Whole Foods now has a state liquor license on file for 355 S. Ogden Dr., near its longtime Third and Fairfax store in Los Angeles. A California alcohol license went active September 10 at 355 South Ogden Drive, the address of The Daphne, a new luxury tower rising next to The Grove and the Original Farmers Market.
Updated Sep 16
Filing WARN notices as it cuts corporate jobs
Amazon filed a state notice on Aug. 28 saying it will cut 78 jobs at a San Francisco location, with layoffs effective Oct. 20. The filing, logged as SF019 with California's Employment Development Department, is the latest in a series of WARN notices the company has submitted during 2026.
Updated Sep 2
Running Alexa for Shopping (formerly Rufus) with 300M+ users; blocking outside agents
Shopping inside AI chatbots moved from experiment to infrastructure in the first half of 2026, when Newegg launched full in-chat checkout on June 26. By then, two rival open standards were already competing for control of how AI-native checkout works.
Updated Jun 27
Anchor investor and largest committed customer
No US utility has ordered a newly designed commercial reactor and seen it come online since the 1970s. On April 24, 2026, the first company trying to break that drought rang the Nasdaq bell. X-energy priced its IPO at $23 a share ($4 above its marketed range) and raised $1.02 billion, the largest US nuclear public offering in years. Shares closed their first day up 27%, giving the company a market valuation of roughly $11.9 billion. The offering was oversubscribed more than 15 times.
Updated May 31
$15B upfront investment complete; $35B contingent commitment deadline is Dec 31, 2028 per SEC filings; Microsoft's legal objections to the deal resolved April 27
After the $122 billion round closed in April, OpenAI ended its Azure cloud exclusivity and capped Microsoft's revenue share at $38 billion through 2030. On May 18, a jury dismissed Elon Musk's suit seeking $134 billion and the reversal of OpenAI's for-profit structure.
Updated May 29
Operating largest U.S. delivery network, partnering with FedEx
Amazon was UPS's largest customer for nearly three decades. On January 27, 2026, UPS announced 30,000 additional job cuts and 24 facility closures to slash Amazon deliveries by more than half, calling the relationship 'extraordinarily dilutive' to profit margins. UPS stock rose 4% in pre-market trading on the earnings beat, then pulled back on a weak first-quarter outlook.
Updated May 23
Embedded Alexa in third-party appliances but facing AI upgrade pressure
Samsung just put Google's Gemini AI inside a refrigerator. Not alongside it, not as an app—built directly into the hardware.
Updated May 19
Buyer in pending deal
A SpaceX Falcon 9 lifted off from Cape Canaveral on Sunday morning carrying replacement satellites Globalstar needs to keep its mobile network alive. The same launch ticks off one of the conditions Amazon set before paying about $10.7 billion to buy the company.
Updated May 17
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