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Amazon reportedly restructures hardware development unit

SEATTLE Amazon.com is reportedly shaking up the management of its Lab126, its hardware development group in Sunnyvale, Calif. According to a report on Fast Company's website, Malachy Moynihan, the vice president of digital products who led the development of the Fire TV and Echo voice-controlled speaker projects, left "to pursue an outside opportunity" several months ago. Moynihan joined Amazon in 2012, after serving as vice president of emerging video products at Cisco Systems. Last month, Jon McCormack, the vice president of Kindle Software at Lab126, left for a job as vice president of engineering at Yahoo. And Ian Freed, the vice president of Amazon Devices, who is...

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