Amazon is a publicly owned, US-based multinational corporation founded in 1994. While its initial focus was e-commerce, its operations have expanded significantly to encompass a wide range of consumer and enterprise products and services, with software development as a core component. As of 2024, the company employed over 1,008,730 people and generated revenue exceeding $1 billion.
Amazon scheduled the first launch of a satellite under its Project Kuiper for April 9th, aiming to offer commercial services via its LEO satellite network later this year. Separately, Amazon introduced a new automated shopping experience called "Buy for Me," using AI to help consumers find and purchase products not readily available on its marketplace. Research from LendingTree indicates that Amazon's Prime Video service has a disproportionately high number of inactive subscribers compared to other streaming platforms.
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