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Business

Amazon to lay off 9,000 more workers in addition to earlier cuts

The latest round will primarily impact Amazon’s cloud computing, human resources, advertising and Twitch livestreaming businesses, Jassy said in the memo. Twitch CEO Dan Clancy said approximately 400 people would be let go as part of Amazon’s latest round of job cts. Clancy pointed to the… Read Full Article Here CNBC

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Business

Rivian wants out of its exclusive agreement with Amazon for EV

One of Amazons new electric delivery vans from Rivian gets ready to leave the Amazon Distribution Facility on Cyber Monday on November 28, 2022 in Aurora, Colorado. Rj Sangosti | Denver Post | Getty Images Rivian wants out of its exclusive agreement with Amazon for the EV maker’s electric delivery… Read Full Article Here CNBC

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Business

Salesforce faces an underappreciated risk: Platform customers

Workers at Salesforce, all the way up to co-founder and CEO Marc Benioff, could breathe more easily this week after the business-software company posted considerably more robust earnings and guidance than analysts had estimated, prompting plaudits from Wall Street. But challenges remain. related… Read Full Article Here CNBC

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Business

ESPN wants to be the hub of all live sports streaming — even if

Disney‘s ESPN wants to be the hub for all live sports streaming — even for its competition. The sports network has held conversations with major sports leagues and media partners about launching a feature on ESPN.com and its free ESPN app that will link users directly to where a live sporting… Read Full Article Here […]

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Business

Rivian posts mixed fourth quarter and underwhelming EV production

Rivian electric pickup trucks sit in a parking lot at a Rivian service center on May 09, 2022 in South San Francisco, California.  Justin Sullivan | Getty Images Electric vehicle startup Rivian Automotive reported mixed fourth-quarter earnings and a lackluster production outlook after the bell… Read Full Article Here CNBC

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Technology

Introducing the Nvidia Chip That’s Fueling the Artificial Intelligence Revolution – Worth $10,000

Companies like Microsoft and Google are fighting to integrate cutting-edge AI into their search engines, as billion-dollar competitors such as OpenAI and Stable Diffusion race ahead and release their software to the public. Powering many of these applications is a roughly $10,000 chip that’s become one of the most critical tools in the artificial intelligence […]

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Technology

Introducing the Nvidia Chip: A $10,000 Powerhouse Driving the A.I. Revolution

Nvidia CEO Jensen Huang speaks during a press conference at The MGM during CES 2018 in Las Vegas on January 7, 2018. Mandel Ngan | AFP | Getty Images Software that can write passages of text or draw pictures that look like a human created them has kicked off a gold rush in the technology […]

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Technology

Gain Financial Rewards by Investing in ‘Highly Disruptive’ Artificial Intelligence Technology

Now that ChatGPT has passed exams from law and business schools, coded well enough to be hired at Google and even penned a story for CNBC Make It, you may be convinced that it’s only a matter of time before artificial intelligence takes over the world. While that thought may be scary to some, to […]

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Business

Amazon closes deal to buy primary care provider One Medical

A sign is posted in front of a One Medical office on July 21, 2022 in San Rafael, California. Justin Sullivan | Getty Images Amazon on Wednesday said it had closed its $3.9 billion deal for primary care provider One Medical. Amazon agreed last July to acquire One Medical to deepen its presence in health […]

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Business

Amazon employees push CEO Andy Jassy to drop return-to-office

The Amazon Spheres, part of the Amazon headquarters campus, right, in the South Lake Union neighborhood of Seattle, Washington, U.S., on Sunday, Oct. 24, 2021. Chona Kasinger | Bloomberg | Getty Images A group of Amazon employees is urging CEO Andy Jassy to reconsider a new return-to-office mandate. On Friday, Jassy announced Amazon would require […]