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Amazon fined for ‘excessive’ surveillance of workers
The online retail giant was found to be keeping detailed data on employee working patterns. More »
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Amazon warns workers to come back into the office
This week, a reminder email was sent to employees who didn't work on-site at least three times a week. More »
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Amazon’s surveillance can boost output and possibly limit unions: study
WASHINGTON (Reuters) – Amazon.com relies on extensive worker surveillance to boost employee output and potentially limit unionization efforts around the United States, says a research paper issued on Monday by the Open Markets Institute. The Washington-based r... More »
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German watchdog launches Amazon investigation: report
BERLIN (Reuters) – Germany’s anti-trust authority has launched an investigation into Amazon’s relationship with third-party traders selling on its site, its head was quoted as saying on Sunday. “We are currently investigating whether and how Amazon influences ... More »
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R&B star Lizzo to produce TV programming for Amazon’s streaming service
LOS ANGELES (Reuters) – Grammy-winning R&B star Lizzo has signed a deal to produce television programming for Amazon.com Inc’s Prime Video streaming service, the singer announced on Thursday. The 32-year-old singer of “Good as Hell” and “Juice” had a breakout ... More »
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Amazon says exports from India-based sellers cross $2 billion
NEW DELHI (Reuters) – Amazon.com Inc’s (AMZN.O) total exports from small and medium sellers in India, part of a company programme to export products to global markets, have crossed the $2 billion mark, two company executives said on Monday. Amazon’s “Global Se... More »
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Amazon CEO Bezos willing to testify before U.S. Congress: letter
WASHINGTON (Reuters) – Amazon.com Inc (AMZN.O) Chief Executive Jeff Bezos is willing to testify to a congressional panel investigating potential violations of U.S. antitrust law by big technology companies, according to a letter from an attorney representing A... More »
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Amazon says CEO Bezos willing to testify before Congress: NYT
(Reuters) – Amazon.com Inc Chief Executive Officer Jeff Bezos is willing to testify before a House antitrust investigation into the market power of major tech companies, the New York Times reported here on Monday, citing a lawyer for Amazon who wrote to lawmak... More »
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France rejects Amazon’s request for unemployment schemes at six sites
PARIS (Reuters) – The French government has rejected a request by Amazon (AMZN.O) to tap a state partial unemployment scheme for employees at its six warehouses in the country, a spokeswoman for the labor ministry said on Monday. The e-commerce giant has shut ... More »
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Amazon tests screening new merchants for fraud via video calls in pandemic
(Reuters) – Amazon.com Inc (AMZN.O) is piloting the use of video conference calls to verify the identity of merchants who wish to sell goods on its websites, in a new plan to counter fraud without in-person meetings in the pandemic, the company said on Sunday.... More »
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Exclusive: Amazon in contact with coronavirus test makers for potential screenings on employees
(Reuters) – Amazon.com Inc has been in contact with the CEOs of two coronavirus test makers as it considers how to screen its staff and reduce the risk of infection at its warehouses, according to internal meeting notes seen by Reuters. The chief executives of... More »
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Exclusive: Amazon to delay Prime Day event due to coronavirus, outlines cloud risks
(Reuters) – Amazon.com Inc (AMZN.O) is postponing its major summer shopping event, Prime Day, until at least August and expects a potential $100 million hit from excess devices it might now sell at a discount, according to internal meeting notes seen by Reuter... More »
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Amazon executive on defense after comments about warehouse protest leader
(Reuters) – Amazon.com Inc’s general counsel on Thursday said his emotions clouded his judgment when he wrote meeting notes in which he allegedly outlined a public relations strategy against a protest organizer and questioned the employee’s intelligence. Amazo... More »
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Exclusive: Amazon entices warehouse employees to grocery unit with higher pay
(Reuters) – Amazon.com Inc is offering higher pay to recruit its own warehouse employees to pick and pack Whole Foods groceries amid rising demand and a worker shortage, according to an internal document reviewed by Reuters. This move, known as labor sharing, ... More »
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Sellers’ Amazon loans at risk as company limits warehouses to essential goods
NEW YORK/LOS ANGELES (Reuters) – Some Amazon sellers say the online retailer’s abrupt decision to stop receiving non-essential inventory in response to the coronavirus pandemic could strangle the sales they need to make payments on their Amazon loans. The chal... More »
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Pentagon seeks to reconsider parts of $10 billion cloud contract awarded to Microsoft
(Reuters) – The U.S. Department of Defense (DoD) is seeking court permission to reconsider certain aspects of its decision to award a $10 billion cloud computing contract to Microsoft Corp, court filings showed on Thursday. A U.S. judge last month granted Amaz... More »
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Amazon boss Bezos to face protests from traders during India trip
NEW DELHI (Reuters) – Thousands of small-scale traders in India are planning to organize protests against Amazon.com Inc (AMZN.O) founder Jeff Bezos, who will visit the country next week for a company event and potential meetings with government officials. Bez... More »
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German union calls for pre-Christmas Amazon strike
BERLIN (Reuters) – Trade union Verdi called for workers at a key Amazon (AMZN.O) logistics center in Germany to go on strike over the crucial final shopping days before Christmas, demanding better pay and conditions for workers there. Unions have staged repeat... More »
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Jeff Bezos says Amazon wants to work more with the Pentagon
SIMI VALLEY, Calif. (Reuters) – Amazon.com Inc founder Jeff Bezos said it would support the U.S. Department of Defense as technology companies vie for more defense contracts and the Pentagon seeks to modernize itself. “We are going to support the Department of... More »
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Amazon to open new office in Manhattan in 2021
(Reuters) – Amazon.com Inc said on Friday it would open a new office in New York’s Manhattan to house its consumer and advertising teams. The office will open in 2021 and accommodate more than 1,500 employees, the company said. In February, Amazon scrapped its... More »
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Amazon opens pop-up store on China’s Pinduoduo until year-end
SHANGHAI (Reuters) – Amazon.com Inc on Monday said it will open a pop-up store on Chinese e-commerce platform Pinduoduo Inc that will run until the end of December and carry a selection of about 1,000 products from overseas. The move, which was initially repor... More »
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Amazon files lawsuit contesting Pentagon’s $10 billion cloud contract to Microsoft
(Reuters) – Amazon.com Inc filed a lawsuit in a federal U.S. court on Friday contesting the U.S. Defense Department’s decision last month to award a Pentagon cloud computing contract worth up to $10 billion to rival bidder Microsoft Corp. The complaint and sup... More »
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Woody Allen, Amazon end legal dispute over movie deal
NEW YORK (Reuters) – Woody Allen has ended his $68 million lawsuit against Amazon.com Inc for backing out of a four-picture production and distribution agreement and refusing to distribute a film he had finished. Allen and Amazon notified the federal court in ... More »
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Amazon and Indian trader group in public spat over discounts
NEW DELHI (Reuters) – Amazon.com (AMZN.O) defended its business strategies in India as it came under fire from a local trader group on Friday over discounted products on the global e-commerce giant’s website. New e-commerce foreign investment rules that took e... More »
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G7 leaders near deal to provide $20 million to tackle Amazon fires
BIARRITZ, France (Reuters) – The leaders of the group of seven nations are close to agreeing a deal to provide $20 million in emergency help to stop the Amazon forest fires, a French presidential source said. “The reality is that for the emergency aid they esp... More »
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Amazon.com defeats IRS appeal in U.S. tax dispute
(Reuters) – Amazon.com Inc on Friday defeated an appeal by the U.S. Internal Revenue Service in what the online retailer has called a $1.5 billion dispute over its tax treatment of transactions with a Luxembourg subsidiary. In a 3-0 decision, the 9th U.S. Circ... More »
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Retailers cash in on Amazon’s ‘free marketing’ on Prime Day
NEW YORK (Reuters) – Amazon.com Inc’s Prime Day is now a major marketing opportunity and shopping event in the annual calendar for other U.S. retail companies, rivaling the Thanksgiving holiday’s Black Friday as a driver of sales. Walmart Inc, Target Corp and ... More »
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Amazon workers in Germany strike over pay, Verdi union says
BERLIN (Reuters) – More than 2,000 workers at seven Amazon (AMZN.O) sites across Germany have gone on strike over pay for at least two days, labor union Verdi said on Monday. The walkouts, under the motto ‘No more discount on our incomes”, started overnight an... More »
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UK competition regulator puts brake on Amazon’s Deliveroo deal
(Reuters) – Britain’s competition regulator has stepped in to pause Amazon’s (AMZN.O) deal with online food delivery group Deliveroo while it considers launching a full investigation. Amazon led a $575 million fundraising in Deliveroo in May, making what the t... More »
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Amazon, after big hire, experimenting with sports media strategy:…
NEW YORK (Reuters) – When Amazon.com Chief Executive Jeff Bezos was spotted schmoozing in NFL Commissioner Roger Goodell’s booth during the Super Bowl in February, the media world exploded with anticipation about Amazon’s imminent domination of sports media. B... More »
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Amazon gets U.S. patent to use delivery drones for surveillance…
(Reuters) – Amazon.com Inc is exploring using drones not just to deliver packages but also to provide surveillance as a service to its customers, according to a patent granted by the United States Patent and Trademark Office. The delivery drones can be used to... More »
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Amazon brings online sellers to UK high street in pop-up stores
LONDON (Reuters) – Online retail giant Amazon said it would open pop-up shops in Britain to give more than 100 small online businesses an opportunity to sell on the high street for the first time. The first of the 10 stores, which are branded “Clicks and Morta... More »
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Peru, Colombia, Ecuador and Bolivia denounce decision on Amazon domain
LIMA (Reuters) – The presidents of Peru, Colombia, Ecuador and Bolivia criticized a recent decision by the organization that manages internet protocol to grant global retailer Amazon Inc the rights to the .amazon domain. Amazon Inc has been seeking the exclusi... More »
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Amazon facial recognition ban won just 2% of shareholder vote
(Reuters) – Amazon.com Inc shareholders overwhelmingly rejected a proposal that the company stop selling facial recognition technology to government agencies, while a resolution to audit the service drew more support, a regulatory filing on Friday showed. Some... More »
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Amazon’s second headquarters clears blocks in Virginia funding vote
WASHINGTON (Reuters) – Amazon.com Inc’s planned second headquarters in northern Virginia cleared a key test on Saturday when local officials approved a proposed financial package worth an estimated $51 million amid a small but vocal opposition. Amazon in Novem... More »
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Amazon’s second headquarters faces new blocks in Virginia funding vote
WASHINGTON (Reuters) – Amazon.com Inc’s plan to set up a second headquarters in northern Virginia, after being rebuffed in New York, will face its first test when local officials vote on Saturday on a proposed financial package worth an estimated $51 million. ... More »
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Amazon to offer more than 1,000 apprenticeships in Britain
LONDON (Reuters) – Online retailer Amazon will create more than 1,000 apprenticeship roles in Britain over the next two years, it said on Tuesday, indicating the country’s imminent departure from the European Union is not deterring it from investing. With only... More »
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Amazon adds former PepsiCo CEO Indra Nooyi to board
(Reuters) – Amazon.com Inc said on Monday it appointed former PepsiCo Inc Chief Executive Officer Indra Nooyi as a director, making her the second woman to be named to the e-commerce giant’s board this month. Earlier this month, the company named Starbucks Cor... More »
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Woody Allen sues Amazon Studios for quitting movie deal
NEW YORK (Reuters) – Woody Allen sued Amazon Studios on Thursday, saying he deserves at least $68 million in damages over their refusal to distribute his completed film “A Rainy Day in New York” and their decision to abandon a four-picture production and distr... More »
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India’s online sellers to appeal against competition commission’s…
MUMBAI (Reuters) – A group representing online sellers in India will appeal against the Competition Commision of India’s (CCI’s) ruling in favour of Walmart-owned Flipkart, the group’s lawyer Chanakya Basa said in a release on Saturday. All India Online Vendor... More »
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Investors ask how the Bezos divorce will affect Amazon
NEW YORK (Reuters) – Amazon.com Inc (AMZN.O) shares seesawed on Thursday as investors questioned how the impending divorce of company founder Jeff Bezos would affect his control of the most valuable company on Wall Street and its ambitious expansion plans. Bez... More »
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Yankees in talks with Amazon, Sinclair to bid for Yes Network: WSJ
(Reuters) – The New York Yankees are in talks with Amazon.com Inc and Sinclair Broadcast Group Inc about a joint bid for the team’s regional sports network, Yes, the Wall Street Journal reported on Friday, citing people familiar with the matter. The baseball t... More »
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Austrian retailers file antitrust complaint against Amazon
VIENNA (Reuters) – Austrian retailers have filed a complaint against Amazon with their national competition authority over the U.S. e-commerce giant’s dual role as a retailer and a marketplace. The European Commission and Germany’s antitrust authority are also... More »
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Amazon’s latest gadget: a self-driving toy car for coders
LAS VEGAS (Reuters) – Self-driving cars, meet Amazon’s self-driving toys. Amazon.com Inc’s cloud unit on Wednesday announced a $399 autonomous toy car, aimed at helping web developers try out some of their own self-driving technology. Customers can train and t... More »
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Trump urged U.S. Postal Service to double package rates for Amazon:…
WASHINGTON (Reuters) – President Donald Trump has personally pushed the postmaster general to double the rates the U.S. Postal Service charges Amazon.com and other companies to ship packages, the Washington Post reported on Friday, citing three unnamed sources... More »
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Amazon adopts new policy to promote board diversity
(Reuters) – Amazon.com Inc on Monday said it is adopting a new policy to promote diversity in its board of directors, saying that women and minorities are to be among the company’s board nominees. “The Amazon Board of Directors has adopted a policy that the No... More »
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Outrage breaks out after Whole Foods partners with Yellow Fever eatery
LOS ANGELES (Reuters) – Amazon.com’s Whole Foods Market sparked social media outrage after its newest store in its 365 grocery chain partnered with an Asian restaurant with the racially charged name of Yellow Fever. The independently owned and operated eatery ... More »
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Amazon delivers dazzling profits, as well as $20 Prime hike and NFL…
(Reuters) – Amazon.com Inc (AMZN.O) more than doubled its profit on Thursday and predicted strong spring results as the world’s biggest online retailer raised the price for U.S. Prime subscribers, added U.S. football games and touted its cloud services for bus... More »
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Amazon, NFL reach $130 million streaming deal for Thursday night…
(Reuters) – Amazon.com Inc agreed to pay the National Football League about $65 million per year to stream two more seasons of Thursday night games on its Prime Video service, a person familiar with the matter told Reuters. The price tag, about 30 percent more... More »
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Trump attacks Amazon, again, over U.S. postal rates
(Reuters) – U.S. President Donald Trump launched his second attack in a week on Amazon.com Inc on Saturday, accusing the world’s biggest online retailer of getting unfairly cheap rates from the U.S. Postal Service and not paying enough tax. Trump’s comments on... More »
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Amazon has French grocery market in its sights, French boss tells…
The Amazon logo is seen at the Young Entrepreneurs fair in Paris, France, February 7, 2018. REUTERS/Charles Platiau PARIS (Reuters) – U.S. e-commerce giant Amazon (AMZN.O) aims to launch its grocery delivery service in France as part of global ambitions to exp... More »
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Amazon to pay $1.2 million in settlement over pesticide sales, U.S….
FILE PHOTO: Amazon.com’s logo is seen at Amazon Japan’s office building in Tokyo, Japan, August 8, 2016. REUTERS/Kim Kyung-Hoon/File Photo WASHINGTON (Reuters) – Amazon.com Inc will pay a $1.2 million penalty to settle nearly 4,000 alleged violations of U.S. l... More »
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Exclusive: Amazon paid $90 million for camera maker’s chip technology
FILE PHOTO: Amazon boxes are seen stacked for delivery in Manhattan, New York, U.S., January 29, 2016. REUTERS/Mike Segar/File Photo SAN FRANCISCO (Reuters) – Amazon.com Inc (AMZN.O) paid about $90 million to acquire the maker of Blink home security cameras la... More »
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Amazon hires NBC executive Salke to run video studio
FILE PHOTO: Jennifer Salke, president NBC Entertainment, speaks at the Hollywood Radio and Television Society Newsmaker Luncheon featuring the TV network entertainment presidents in Beverly Hills, California October 11, 2011. REUTERS/Fred Prouser (Reuters) – A... More »
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In Australia, Amazon is still finding its way
A package is tracked on an Amazon tracking screen in this illustration photo January 17, 2018. REUTERS/Thomas White/Illustration SYDNEY (Reuters) – When Kiri Pomery ordered a red Santa Claus hat from Amazon.com Inc’s new Australian operation, the estimated del... More »
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Amazon stock market value on verge of eclipsing Microsoft
FILE PHOTO: The logo of Amazon is seen at the company logistics center in Lauwin-Planque, northern France on February 20, 2017. REUTERS/Pascal Rossignol/File Photo (Reuters) – Amazon.com Inc’s shares surged on Friday, pushing its stock market value above $700 ... More »
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Amazon’s automated grocery store of the future opens Monday
SEATTLE (Reuters) – Amazon.com Inc (AMZN.O) will open its checkout-free grocery store to the public on Monday after more than a year of testing, the company said, moving forward on an experiment that could dramatically alter brick-and-mortar retail. The Seattl... More »
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France files complaint against Amazon for abuse of dominant position:
The logo of Amazon is seen at the company logistics center in Lauwin-Planque, northern France, February 20, 2017. REUTERS/Pascal Rossignol PARIS (Reuters) – The French government has filed a complaint with the Paris Commerce Court against e-commerce company Am... More »
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Amazon to pay 100 million euros to settle Italy tax dispute: statement
FILE PHOTO – The logo of Amazon is seen at the company logistics center in Lauwin-Planque, northern France on February 20, 2017. REUTERS/Pascal Rossignol/File Photo MILAN (Reuters) – Italy’s inland revenue service said on Friday it had reached an agreement wit... More »
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Luxembourg challenges EU order to recover tax from Amazon
FILE PHOTO – The logo of Amazon is seen at the company logistics center in Lauwin-Planque, northern France on February 20, 2017. REUTERS/Pascal Rossignol/File Photo BRUSSELS (Reuters) – Luxembourg is challenging a European Union order to recover about 250 mill... More »
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Amazon Prime Video now available on Apple TV
The Amazon TV button on a remote control is shown in this photo illustration. Picture taken November 10, 2017 REUTERS/Mike Blake (Reuters) – Amazon.com Inc and Apple Inc have partnered to bring the Amazon Prime Video app to Apple TV in more than 100 countries,... More »
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Amazon steps up pace in artificial intelligence race
Attendees at Amazon.com Inc annual cloud computing conference walk past the Amazon Web Services logo in Las Vegas, Nevada, U.S., November 30, 2017. REUTERS/Salvador Rodriguez LAS VEGAS (Reuters) – Amazon.com Inc this week announced a flurry of new machine lear... More »
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Now hiring? Amazon says its voice aide Alexa is ready for the office
The Amazon Echo, a voice-controlled virtual assistant, is seen at it’s product launch for Britain and Germany in London, Britain, September 14, 2016. REUTER/Peter Hobson (Reuters) – Amazon.com Inc (AMZN.O) wants to be your new executive assistant at work. The ... More »
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Exclusive: Cyber Monday showdown – Wal-Mart closes in on Amazon in online price war
Workers process outgoing shipments at an Amazon Fulfillment Center on Cyber Monday in Tracy, California, U.S. November 28, 2016. REUTERS/Noah Berger (Reuters) – Wal-Mart Stores Inc is within striking distance of matching Amazon.com Inc’s online prices for the ... More »
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Workers at Amazon’s main Italian hub, German warehouses strike on Black Friday
A view of the new Amazon logistic center with the company’s logo in Dortmund, Germany November 14, 2017. REUTERS/Thilo Schmuelgen MILAN (Reuters) – Workers at Amazon’s main distribution hub in Italy are planning their first ever strike for Friday, trade unions... More »
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Amazon to sell China cloud services unit in $300 million deal
Amazon.com Inc's Chinese partner, Beijing Sinnet Technology Co., said it would purchase Amazon's Chinese web services business for up to 2 billion yuan ($301 million), ending the U.S. firm's cloud-computing business in the country. More »
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Amazon to produce `Lord of the Rings` television series
Amazon.com Inc has bought the global television rights to "The Lord of the Rings," the company said on Monday, in what may be its biggest and most expensive move yet to draw viewers to its streaming and shopping club Prime. More »
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Amazon discounts other sellers` products as retail competition stiffens
Amazon.com Inc (AMZN.O) is cutting prices of products from third-party sellers on its website, moving beyond its more typical method of discounts on items it sells directly. More »
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Amazon plans new corporate office in Vancouver, to double headcount
Amazon.com Inc said on Friday that it will a open second corporate office in Vancouver, doubling its staff in the western Canadian city by early 2020 as it looks to tap into a burgeoning local tech workforce. More »
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Amazon sales surge after Whole Foods acquisition, busy Prime Day
Amazon.com Inc (AMZN.O) on Thursday said its sales surged over the summer and profit trounced expectations, as shoppers jumped at "Prime Day" promotions on its website and bought groceries at its newly acquired chain of Whole Foods Market stores. More »
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Amazon backs German artificial intelligence research hub
Amazon.com will open an artificial intelligence research center in the German university city of Tuebingen, creating 100 jobs over the next five years. More »
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Amazon to open new distribution center in north west England
Amazon said on Friday it planned to open a new fulfillment center in Bolton, north west England, in 2018 and will begin recruiting 1,200 permanent jobs in the latest expansion in Britain. More »
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Drug chains tumble on reports Amazon eyeing their pie
Shares of drug retailers Walgreens Boots Alliance Inc (WBA.O), CVS Health Corp (CVS.N) and Rite Aid Corp (RAD.N) tumbled on Friday after reports that Amazon.com Inc (AMZN.O) was looking to make a move into selling drugs online. More »
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Whole Foods price cuts hit hardest at Trader Joe`s, Sprouts: report
Whole Foods rivals Trader Joe's and Sprouts Farmers Market Inc have been hit hardest by customer defections since Amazon.com Inc's price cuts at the premium grocer, Whole Foods price cuts, a data analytics firm said on Tuesday. More »
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Amazon affiliate to buy $27.6 million stake in Indian retailer Shoppers Stop
An affiliate of Amazon.com Inc has agreed to buy a 1.79 billion-rupee ($27.6 million) stake in Indian retailer Shoppers Stop Ltd, the Indian company said in a filing. More »
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Amazon opens bidding to cities for $5 billion `HQ2`, a second headquarters
Amazon.com Inc (AMZN.O) said on Thursday it would build a $5 billion second headquarters in North America, kicking off a competition between cities and states to offer tax cuts and incentives that could bring 50,000 new jobs. More »
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Amazon Prime customers get access to Brown Sugar movie service
Amazon.com Inc's Prime customers will get access to the African-American movie-focused Brown Sugar service on Amazon Channels. More »
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Apple, Amazon bid for James Bond film rights- Hollywood Reporter
The film franchise features Bond, James Bond. And Apple Inc and Amazon.com Inc have joined a bevy of suitors bidding for distribution rights for the lucrative movies depicting the exploits of Britain's famed fictional spy, the Hollywood Reporter said on Wednes... More »
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Whole Foods overall prices still high after selective cuts: analyst
Whole Foods shoppers may be premature in cheering Amazon.com's (AMZN.O) steep price cuts on staples like bananas, avocados and beef, according to one analysis released on Tuesday that suggested the premium grocery chain has not yet shed its "Whole Paycheck" re... More »
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Amazon looks to new food technology for home delivery
Amazon.com Inc is exploring a technology first developed for the U.S. military to produce tasty prepared meals that do not need refrigeration, as it looks for new ways to muscle into the $700 billion U.S. grocery business. More »
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U.S. fund managers seek consumer stocks that Amazon can`t conquer
FILE PHOTO: An Amazon.com Inc driver stands next to an Amazon delivery truck in Los Angeles, California, U.S. on May 21, 2016. REUTERS/Lucy Nicholson/File Photo Amazon.com Inc’s (AMZN.O) game-changing move to upend the grocery business with a surprise deal to ... More »
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Even with Whole Foods, Amazon would need many more warehouses to reshape grocery delivery
The logo of Amazon is seen at the company logistics center in Lauwin-Planque, northern France, February 20, 2017. REUTERS/Pascal Rossignol If Amazon.com Inc (AMZN.O) hopes to revolutionize grocery delivery, then its bid to buy Whole Foods Market Inc (WFM.O) fo... More »
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Amazon lent $1 billion to merchants to boost sales on its marketplace
FILE PHOTO: An Amazon.com Inc driver stands next to an Amazon delivery truck in Los Angeles, California, U.S., May 21, 2016. REUTERS/Lucy Nicholson/File Photo Amazon.com Inc has stepped up lending to third-party sellers on its site who are looking to grow thei... More »
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Amazon error sends some shoppers to dog photo, not product page
Amazon.com’s logo is seen at Amazon Japan’s office building in Tokyo, Japan, August 8, 2016. REUTERS/Kim Kyung-Hoon/File Photo Amazon.com Inc (AMZN.O) told some shoppers on Wednesday that there was a problem when they were trying to view product listings. More »
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Amazon-Apple TV deal shows tough road to cooperation for tech rivals
Tim Cook, CEO, speaks about Amazon during Apple’s annual world wide developer conference (WWDC) in San Jose, California, U.S. June 5, 2017. REUTERS/Stephen Lam A deal bringing Amazon Prime Video to Apple TV, announced on Monday at Apple Inc’s developer confere... More »
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Amazon`s arrival sounds wake-up bell for Australia`s sleepy retailers
A web page featuring Amazon’s Australian URL is pictured in this photo illustration in a Sydney office, Australia, April 20, 2017. REUTERS/Jason Reed/Illustration Photo Global e-commerce juggernaut Amazon.com Inc on Thursday said it will open its online shopfr... More »
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Amazon acquires right to buy stake in fuel cell maker Plug Power
FILE PHOTO: An Amazon.com Inc driver stands next to an Amazon delivery truck in Los Angeles, California, U.S., May 21, 2016. REUTERS/Lucy Nicholson/File Photo Hydrogen fuel cell maker Plug Power Inc (PLUG.O) said on Wednesday Amazon.com Inc (AMZN.O) had acquir... More »
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Amazon plans layoffs at Quidsi unit after losses
FILE PHOTO: An Amazon.com Inc driver stands next to an Amazon delivery truck in Los Angeles, California, U.S., May 21, 2016. REUTERS/Lucy Nicholson/File Photo Amazon.com Inc (AMZN.O) plans to cut 263 jobs at its money-losing parenting products unit Quidsi this... More »
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Amazon.com wins $1.5 billion tax dispute over IRS
An Amazon.com Inc driver stands next to an Amazon delivery truck in Los Angeles, California, U.S., May 21, 2016. REUTERS/Lucy Nicholson Amazon.com Inc on Thursday won a more than $1.5 billion tax dispute with the Internal Revenue Service over transactions invo... More »
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Washington Post software deal a double win for Bezos
Jeff Bezos, founder of Blue Origin and CEO of Amazon, speaks about the future plans of Blue Origin during an address to attendees at Access Intelligence’s SATELLITE 2017 conference in Washington, U.S., March 7, 2017. REUTERS/Joshua Roberts Billionaire Jeff Bez... More »
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Ancient human tree cultivation shaped Amazon landscape
File Photo: A view is seen from the Amazon Tall Tower Observatory (ATTO) in Sao Sebastiao do Uatuma in the middle of the Amazon forest in Amazonas State, Brazil, January 10, 2015. REUTERS/Bruno Kelly/File Photo Ancient indigenous peoples had a far more profoun... More »
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Disruption in Amazon`s cloud service ripples through internet
The logo of Amazon is seen at the company logistics center in Lauwin-Planque, northern France, February 20, 2017. REUTERS/Pascal Rossignol Web users experienced widespread glitches on Tuesday, from news sites to government services, after Amazon.com Inc’s popu... More »
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Amazon to create over 5,000 jobs in Britain in 2017
FILE PHOTO: An Amazon package is seen after being delivered in London, Britain February 29, 2016. REUTERS/Toby Melville/File Photo Online retailer Amazon is set to create more than 5,000 jobs in Britain this year, the company said on Monday, boosting its inves... More »
Amazon calls 2016 holiday season its best ever- shares rise
Workers unload a wide body aircraft emblazoned with Amazon’s Prime logo at Lehigh Valley International Airport in Allentown, Pennsylvania, U.S. December 20, 2016. Picture taken December 20, 2016. REUTERS/Mark Makela Amazon.com Inc said it shipped more than 1 b... More »
Amazon and Pandora set to launch new music streaming services: NY Times
Amazon.com’s logo is seen at Amazon Japan’s office building in Tokyo, Japan, August 8, 2016. REUTERS/Kim Kyung-Hoon Amazon.com Inc (AMZN.O) and Pandora Media Inc (P.N) are planning to launch new versions of their streaming music services in coming weeks, the N... More »
Amazon to launch new private labels in coming weeks: WSJ
Amazon.com Inc will launch new lines of its private-label brands in the coming weeks, the Wall Street Journal reported, citing people familiar with the matter. The new brands with names like Happy Belly, Wickedly Prime and Mama Bear will include nuts, spices, ... More »
Amazon plans two-hour delivery in Berlin -Welt
FRANKFURT Amazon is preparing to launch a two-hour delivery service in Berlin, German newspaper Welt reported on Saturday, citing Berlin transport sources. The newspaper said Amazon had ordered a site on Berlin’s fashionable Kurfuerstendamm to be repurposed as... More »
Amazon says its female workers paid equally as men
SAN FRANCISCO Amazon.com Inc, under pressure from an activist shareholder to disclose its policies on gender pay equality, said on Wednesday its female employees earned as much as their male counterparts, according to a survey it recently conducted. The disclo... More »
Amazon enters Britain’s fresh food market with Morrisons deal
LONDON Online retailer Amazon (AMZN.O) is set to enter the British fresh food market after striking a supply deal with supermarket Morrisons (MRW.L), potentially ramping up competition in the already cut-throat sector. Morrisons, Britain’s fourth biggest super... More »
Amazon shares plunge as record profit still misses estimates
Amazon.com Inc posted its most profitable quarter ever on Thursday but the world’s No. 1 online retailer still managed to disappoint Wall Street by badly missing estimates, sending its shares down more than 13 percent in after-hours trading. The results, as we... More »
