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Amazon agreed to a $30 million settlement with the FTC to resolve two privacy complaints against them for their Ring and Alexa products.
Just weeks after announcing a hiring freeze, Amazon will lay off 10,000 corporate and technology workers.
Amazon will launch Alexa Together, an elder subscription service to help older adults remain independent.
Last week, Amazon posted its third quarter financial results, including net sales of $96.1 billion, a 37% increase year-over-year.
In a highly unusual quarter, Amazon reports net sales of $88.9 billion, a 40% increase year-over-year. Online grocery sales tripled during the quarter.
Amazon shares the impact of COVID-19 on the company in its first quarter 2020 earnings report.
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