By PYMNTS July 22, 2026 Amazon, the e-commerce and cloud computing titan, confirmed on Wednesday (July 22) that it has implemented a new round of job cuts within its Artificial General Intelligence (AGI) division. The decision marks the latest step in a protracted period of organizational restructuring as the company seeks to focus its resources…
By PYMNTS July 2, 2026 Amazon has officially crossed the threshold required to begin its foray into the global broadband market. With a successful mission executed by United Launch Alliance (ULA) on Thursday, the tech giant has secured enough satellites in low Earth orbit (LEO) to initiate the commercial rollout of "Amazon Leo"—the high-speed satellite…
By PYMNTS | June 28, 2026 In an economic climate defined by caution, persistent inflation, and shifting sentiment, American shoppers have sent a definitive message to the retail sector: they are not stopping their spending, but they are evolving how they allocate their capital. According to the latest data from Adobe Analytics, U.S. consumers funneled…
By PYMNTS | June 23, 2026 As the digital curtains rise on Prime Day 2026, the retail landscape finds itself at a pivotal inflection point. Running from Tuesday, June 23, to Friday, June 26, this year’s four-day shopping extravaganza is not merely a test of consumer appetite or supply chain efficiency. It is a high-stakes,…
In a stunning pivot that has sent shockwaves through both Hollywood and Silicon Valley, Amazon MGM Studios has abruptly halted the release of Artificial, the highly anticipated feature film chronicling the dramatic 2023 boardroom coup that briefly ousted OpenAI CEO Sam Altman. The project, which was touted as the definitive account of the power struggle…
By PYMNTS | June 12, 2026 The retail landscape in June 2026 has transformed into a high-stakes arena of overlapping promotional events, as major omnichannel retailers aggressively vie for consumer wallet share. With Amazon shifting its flagship Prime Day from its traditional July berth to late June, the retail industry has responded with a coordinated…
