Business

Amazon begins layoffs of workers on devices team

NurPhoto/Getty Images (NEW YORK) — Amazon began layoffs on Wednesday of workers on its devices team, which focuses on products like its voice-operated Alexa, Dave Limp, senior vice president of devices and services, said in a memo. The move adds the company to a Read More

Estee Lauder acquires Tom Ford for $2.8 billion

Jeremy Moeller/Getty Images (NEW YORK) — Estée Lauder is acquiring Tom Ford for $2.8 billion, the venerable beauty brand announced Tuesday. Through the new deal, the beauty conglomerate plans to add the designer label’s fragrances, cosmetics, skin care and Read More

Amazon warns of rise in scams this holiday season

ABC News (NEW YORK) — Amazon is warning customers about an increase in online and mobile scams ahead of the holiday season. According to Amazon, they have already initiated takedowns of more than 20,000 phishing websites and 10,000 phone numbers associated with Read More