Amazon keeps Rivian stake

 

Amazon keeps Rivian stake /
Amazon keeps Rivian stake /
Amazon keeps Rivian stake 

1. Amazon hasn't lost faith (yet): Amazon kept its 18% stake in EV maker Rivian despite the EV company's role in tanking the e-commerce giant's earnings.

Q: Is this a smart bet for Amazon? Let us know your opinion.

2. The Spanish Supreme Court ordered Amazon to pay social security contributions for the workers employed under the "Amazon Flex" scheme.

Q: Do you agree with the decision? Let's discuss.

3. Microsoft's growing cloud business started to overshadow Amazon's in Q4 2022. The cloud infrastructure industry has seen astronomical growth in recent years, with Amazon, Microsoft, and Google leading the way.

Q: Will AWS bounce back in 2023? Tell us what you think.

4. Your friendly neighborhood web-slinging superhero is coming to Prime Video in a new live-action show set in gritty New York City in the 1930s. Spider-Man Noir will be the second Amazon series based on the Marvel character after the announcement of "Silk: Spider Society."

5. Amazon decided to scale back its air cargo operations in 2023 in anticipation of slowing growth in the industry following a 14% drop in global air freight demand last November.

6. The FTC started hiring economists to prepare for its next target: Amazon's $3.9B acquisition of healthcare provider One Medical.

7. Jeff Bezos' Blue Origin officially received a NASA contract to use its New Glenn heavy-lift rocket to find life on Mars. The rockets will be used in up to 24 of Amazon's Project Kuiper launches.

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