Amazon is cutting many positions at its headquarters and global operations, a move that comes after several years of significant development. The cuts were first revealed by the Seattle Times, which said the actions are centered around streamlining the association’s purchaser retail…

Bank of America said on Friday its board had affirmed CEO Brian Moynihan’s incentive compensation pay for 2017. Moynihan’s 2017 equity incentive award has been raised from being $18.5 million in 2016 to $21.5 million. In any case, he got no money…

Nest co-founder Matt Rogers reported on Twitter today that he’ll be leaving the smart home organization. The news comes only a day after Nest — which has functioned as a separate Alphabet subsidiary throughout the previous three years — rejoined Google so…

Amazon is preparing to dispatch a shipping service to compete with shipping heavyweights FedEx & UPS. The service will pick up the packages from the sellers and deliver them to the customers, people having knowledge about it revealed to The Wall Street…

China’s biggest e-commerce company Alibaba Group Holding Ltd will invest $486 million for a stake in a domestic big-data firm focused on retail and hotels, as a major aspect of a push to deepen its offline presence. The firm will purchase a…

Amazon’s Alexa has a new trick in its bag. Android users would now be able to send texts through Alexa. This comes days before Apple reveals its own smartspeaker, HomePod. Apple users will now have the capacity to send I-messages and texts…

India’s tycoon, the Singh brothers took Rs 500 crore ($78 million) out of the traded on an open market healing center company they control without board approval about a year back, individuals with information of the issue said. The assets were accounted…

Pepsi (PEP) is venturing up its push to beat Coca-Cola (KO) with a line of starting water known as bubly. The eight flavors reported Thursday are grapefruit, lime, lemon, strawberry, apple, cherry, orange and mango, and Pepsi is rendering them as grapefruitbubly, limebubly, lemonbubly, strawberrybubly, applebubly, cherrybubly,…

Here’s how much the five most-important innovation organizations have tumbled from 52 week highs, and what they lost in showcase esteem: Apple: down $123.7 billion in advertise top Alphabet, down $124.7 billion Microsoft, down $77.4 billion Amazon, down $48.4 billion Facebook, down…