Amazon Web Services says it’s working to repair disruption

Amazon.com’s cloud-computing service was beset by “high error rates” on parts of its S3 data-storage system, disrupting many internet sites and mobile applications that rely on the company for their online presences. “We are working hard at repairing S3, believe we understand root cause, and are working on implementing what we believe will remediate the issue,” the company said on its website at 11:35 a.m. in Seattle.

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‘s stock had its “hold” rating restated by SunTrust Banks, Inc. in a research report issued to clients and investors on Wednesday. A number of other equities analysts have also recently commented on the stock.

Amazon increasingly wants to be its own deliveryman

In this Thursday, Aug. 4, 2016, file photo, Amazon.com boxes are shown stacked near a Boeing 767 Amazon “Prime Air” cargo plane on display in a Boeing hangar in Seattle. Amazon’s announcement on Monday, Jan. 30, 2017, of a new air cargo hub in Kentucky is the latest way the e-commerce retailer is dipping its toe, or perhaps whole foot, into building out its shipping and logistics unit.

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Other equities analysts also recently issued research reports about the company. Canaccord Genuity restated a buy rating and issued a $825.00 price objective on shares of Amazon.com in a report on Tuesday, October 4th.

How Amazon.com Is Becoming the Kind of Retailer It Hurt

In what seems like an ironic twist, Amazon.com is setting up bricks-and-mortar stores, but the company has some high-tech tricks up its sleeve that could transform the shopping experience. As more and more bricks-and-mortar stores beef up their online platforms, Amazon.com is rerouting its online audience to the very physical market it once disrupted .

Amazon Expects To Add 100,000 New Jobs By 2018

Amazon.com on Thursday said it would expand its full-time U.S.-based workforce to 280,000 by mid-2018, from 180,000 last year. Over the past five years, Amazon says it’s created more than 150,000 jobs in the U.S., growing its workforce from 30,000 in 2011.

Apple shows why no robot can replace cashiers

Ever since Amazon.com debuted a grocery store without a checkout line, the world has been forced to ponder a jobless future. Located in the company’s home town, Seattle, Amazon Go looks every bit like a 7-Eleven, selling bread, milk, and cheese as well as pre-made snacks and fresh meals, except there are no cashiers or checkout lines.