Amazon Archives - Coinspeaker

Amazon

Amazon.com, Inc. is an American electronic commerce and cloud computing company with headquarters in Seattle, Washington. It is the largest Internet-based retailer in the United States.

Catch the latest Amazon news, stock analysis, tech innovations, and business developments. Follow updates on AWS, AI ventures, e-commerce strategy, and Amazon’s role in the global tech economy.

Bitcoin’s Value Surpasses Amazon, BTC Price Breaks New ATH of $122.5K

Amazon is done as Bitcoin sits behind Apple after consistent new all-time highs.

Amazon and Walmart Plotting Stablecoin Issuance Moves: Report

Cryptocurrency News, News, Story of the Day

By Godfrey Benjamin Jun 13, 2025

Amazon and Walmart are evaluating the issuance of stablecoins for cross-border payments in a major shift into blockchain.

NCPPR Proposes Amazon to Allocate $4.4 Billion to Bitcoin

Bitcoin News, Cryptocurrency News, News

By Bhushan Akolkar Dec 9, 2024

The National Center for Public Policy Research (NCPPR) has urged Amazon to allocate 5% of its $48 billion cash reserves to Bitcoin, positioning it as a hedge against inflation.

Cryptocurrency News, Market News, News, Stocks

Robinhood Halts 24 Hour Trading after Intense Market Volatility

By Godfrey Benjamin Aug 5, 2024

Robinhood may have taken this decision to halt trading to avoid an anxiety surge amongst traders and to mitigate the volume of losses that they incur.

Cybersecurity News, News, Technology News

Scam Alert: Trust Wallet Reports Cloned Apps on Xiaomi and Amazon Stores

By Chimamanda U. Martha Jun 7, 2024

This is not the first time scammers have cloned crypto apps and listed them on popular online marketplaces where users frequently download apps for trading cryptocurrencies.

Artificial Intelligence, Cloud Computing, News, Technology News

Microsoft and Amazon Pour €5.5B into French AI and Cloud Infrastructure

By Bena Ilyas May 13, 2024

Microsoft’s investment spree extends beyond France. The firm recently announced €3.2 billion in Germany and $1.5 billion in the Abu Dhabi’s AI company G42.

Artificial Intelligence, News, Technology News

AI in Spotlight as Google and Microsoft Earnings Prove

By Godfrey Benjamin Apr 26, 2024

The success of both Google and Microsoft reflects a broader trend across the tech industry, where AI is becoming a key catalyst for innovation and profitability.

Artificial Intelligence, News, Technology News

Elon Musk’s xAI to Open-Source Grok Chatbot This Week

By Chimamanda U. Martha Mar 11, 2024

Currently, Grok is the sole product offered by xAI. However, the company has ambitious plans to expand its product line and compete with industry giants like OpenAI and Anthropic.

Artificial Intelligence, News, Technology News

Amazon-Backed AI Company Anthropic Unveils Latest Chatbot Claude 3

By Chimamanda U. Martha Mar 5, 2024

The Claude 3 models exhibit enhanced capabilities in various areas, including analysis and forecasting, nuanced content creation, code generation, and conversational abilities.

Artificial Intelligence, News, Technology News

Sen. Elizabeth Warren Calls for ‘Level Playing Field’ for Crypto and AI Regulations

By Mercy Tukiya Mutanya Feb 28, 2024

Warren called for restrictions on major cloud computing providers such as Microsoft, Alphabet and Amazon, stating that they had the potential to stifle the growth of smaller competitors.

Altcoin News, Cryptocurrency News, News

AI Crypto Nears $10 Billion Valuation as Bittensor Jumps 140% in 30 Days

By Tolu Ajiboye Feb 16, 2024

Bittensor, as well as other major AI crypto tokens, have pushed the market cap of AI-related digital assets close to $10 billion.

Artificial Intelligence, News, Technology News

Tech Industry Sheds 34,250 Jobs as Companies Embrace AI Innovation

By Chimamanda U. Martha Feb 13, 2024

Microsoft was reported to be in the process of downsizing its gaming sector, affecting approximately 1,900 employees, which is 9% of its gaming division.

Work It

AI Technology: Pros and Cons as Shared by Experts

By Mayowa Adebajo Feb 13, 2024

Some tech giants such as Netflix, Meta, and Amazon may now be offering around $900,000 for workers to develop AI models.

Artificial Intelligence, News, Technology News

Amazon and Microsoft in Tight Race as AI Accelerates Cloud Growth

By Chimamanda U. Martha Feb 13, 2024

While AWS continues to dominate the cloud computing market, Microsoft’s Azure is gaining momentum, driven by its robust AI capabilities and strategic focus on cloud infrastructure.

Market News, News, Stocks

S&P 500 Hits New Record Close as Market Awaits Wall Street Earnings and Fed Decision on Interest Rates

By Tolu Ajiboye Jan 30, 2024

While all three major indexes rose, the S&P 500 hit a new record barely a week after setting a previous one.