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Amazon cuts hundreds of jobs in cloud computing unit

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Technology giant Amazon has announced job cuts affecting hundreds of staff at its cloud computing business. Amazon Web Services (AWS) has been growing and now...

Amazon founder Jeff Bezos completes $8.5bn share sale plan

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Multi-billionaire Jeff Bezos has sold another 14 million Amazon shares, worth around $2.4bn (£1.9bn). The latest sale brings the total number of shares he has...

Amazon: US accuses online giant of illegal monopoly

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US regulators have sued Amazon, alleging that the internet giant is illegally maintaining monopoly power. The Federal Trade Commission (FTC) said Amazon uses "a set...

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