Michael Nunez, deputy tech editor at Mashable.com, discusses recent reports that Amazon will layoff hundreds of employees from its consumer retail business. Nunez says these layoffs shouldn't worry investors, adding that overall headcount is still increasing. He talks about Amazon's move into this next chapter as they focus on artificial intelligence, the Whole Foods acquisition, and Amazon Web Services.
Share:
More In Business
How Two Companies are Using Tech and AI to Squash Bedbug Infestations
With an uptick in bedbug infestations, two companies, Spotta and Comcast’s Machine-Q, are joining forces and using tech and AI to squash this problem.
Drones are Altering Farming and Growing Food Forever
When one thinks of agriculture, it brings up thoughts of tractors, yet unmanned drones have found one of their newest homes in agriculture.
Why Aren’t There More IPOs? Blame Fed Chair Powell (And Those Rates)
After the 2021 boom, IPO activity slowed down significantly, in part due to monetary policy – but things are getting moving again with tech-friendly companies like Iboutta and Rubrik making a public debut.
With An Increasing Demand In Mental Health Services, This CEO Wants To Use Tech To Change the Therapy Game
With an increasing demand for mental health services, one person wanted to change the therapy game. In 2017, CEO Alex Katz founded Two Chairs, a company that uses technology to match patients with the right therapist.
You Can Actually Lose Money on Real Estate (Even in This Market)
Not only is April Financial Literacy Month, it’s also the kickoff of the spring homebuying season. So now is the time to make sure you have a financial plan in place – and why it might not be wise for that to include buying your first home.
This Region Has the U.S. Beat When it Comes to Fighting Inflation
While the U.S. may slowly be on the path to lowering inflation (and therefore interest rates), Europe has thoroughly trounced America, putting it on the path to lower rates by this summer.
Housing Market Reports Are Here: April Insights and Economic Impact
April's release of the monthly Housing Starts and Building Permits reports by the Census Bureau provides crucial insights into the construction activity in the housing market. These reports are an economic indicator, shedding light on the current state of the housing market and its broader economic impact.
Caitlin Clark Will Make a Lot More Than Her WNBA Base Salary – Here's How
Caitlin Clark is heading to the Indiana Fever, the number one draft pick and the highest-scoring college basketball player of all time. And while she may not be getting millions from the WNBA, there's a few ways she'll net compensation for her generational talents.
Why The GOP Wants To Stop The Cellular Agricultural Revolution
Author of 'Clean Meat,' Paul Shapiro joins Cheddar to discuss how the cellular agricultural revolution helps lower rates of foodborne illness and greatly improves environmental sustainability. Plus, how his company The Better Meat Co. is bringing healthier food options to the table.
