Amazon

Amazon wants to be everything to everyone

Innovations unveiled in recent days by the Seattle-based tech titan included a delivery van computer system to shave time off deliveries by its speed-obsessed logistics network

Amazon to hire 250,000 workers for upcoming holidays

Amazon has announced plans to hire 250,000 transportation and warehouse workers for the upcoming holiday shopping season, matching its hiring efforts from last year, as per a recent Reuters report.

Online sellers on Walmart's Flipkart sue India watchdog over antitrust probe

The filings come after antitrust investigations concluded in August found Amazon and Flipkart, some of their sellers and smartphone brands, violated local competition laws

What we know about the fire 'pandemic' plaguing Brazil

Nearly two-thirds of Latin America's biggest country is under smoke.

Amazon enforces five-day workweek for employees

Amazon has announced a new policy that will require employees to be physically present at the office five days a week starting next year, toughening its previous three-day office mandate. Additionally, Amazon is ending a program that previously allowed employees to work from anywhere for up to four months each year.

India accuses Samsung, Xiaomi of colluding with Amazon, Flipkart

Samsung, Xiaomi and other smartphone companies colluded with Amazon and Walmart's Flipkart to exclusively launch products on the e-commerce firms' Indian websites in breach of antitrust laws, according to regulatory reports seen by Reuters.

Jeff Bezos plans to sell Amazon shares worth $5 bln

Jeff Bezos, founder and executive chairman of Amazon, is planning on selling shares of his company that are worth almost $5 billion, according to a recent regulatory filing. This takes place after Amazon's stock hit a record high recently, with the e-commerce giant currently standing at a $2.056 trillion market cap.

Amazon reaches $2 trillion valuation for the first time

Amazon.com, the US-based tech and e-commerce company, has reached a valuation of $2 trillion for the first time. This makes it the fifth US company to reach this market value, a rise that is being attributed to the recent AI boom.

Amazon wants bonded warehouse in Bangladesh,Titu says

American e-commerce giant Amazon wants central bonded warehouse facilities in Bangladesh to enjoy tax benefits, said State Minister for Commerce Ahasanul Islam Titu yesterday

June 24, 2023
June 24, 2023

Amazon raises investment in India to $26 bln by 2030

Amazon.com Inc (AMZN.O) said on Friday it will take its investments to $26 billion in India by 2030, adding $6.5 billion in new planned investments in an announcement made after CEO Andy Jassy met Prime Minister Narendra Modi in the United States.

June 24, 2023
June 24, 2023

Google and Amazon commit to Modi to invest $25 Billion in India

In a significant move to bolster India's digital economy, global tech giants Google and Amazon have jointly pledged a massive investment of $25 billion. Sundar Pichai, CEO of Google, announced the company's commitment to invest $10 billion in India's digitisation fund during a meeting with Prime Minister Narendra Modi in Washington, D.C. Furthermore, Google unveiled its plans to establish a state-of-the-art global fintech operation centre in Gujarat.

May 12, 2023
May 12, 2023

There’s a new book out soon. Is it by Taylor Swift or BTS?

The guessing game began a few days ago, when an anonymous, untitled book scheduled for July 9, “4C Untitled Flatiron Nonfiction Summer 2023”, had Taylor Swift fans so convinced she had written a memoir that they made it a bestseller.

March 25, 2023
March 25, 2023

Amazon, other retailers revamp 'free' shipping as costs soar

There is no such thing as free shipping. Even so, Amazon.com Inc (AMZN.O) and other online retailers who use so-called free delivery to cultivate customer loyalty are scrambling to keep it from draining profits as costs climb and e-commerce contracts.

March 22, 2023
March 22, 2023

Amazon to lay off 9,000 more employees

“Given the uncertain economy and the uncertainty that exists in the near future, we have chosen to be more streamlined in our costs and headcount,” Jassy said in a memo to staff.

February 24, 2023
February 24, 2023

ChatGPT-written ebooks thrive on Amazon

The Wise Little Squirrel has netted Schickler less than USD 100. It is enough to inspire him to compose other books using the software.

December 25, 2022
December 25, 2022

Microsoft to battle US over $68.7B Activision Blizzard deal

Microsoft recently filed a formal response to the FTC's claims that the $68.7 billion deal is an illegal acquisition that should be stopped.

December 19, 2022
December 19, 2022

AI-generated book receives criticism on the internet

Tthe story of a little girl named Alice and a robot named Sparkle who explore the frontiers of science and technology together.

December 5, 2022
December 5, 2022

Apple, Amazon to resume advertising on Twitter: Report

Amazon.com Inc (AMZN.O) and Apple Inc (AAPL.O) are planning to resume advertising on Twitter, according to media reports on Saturday..The developments follow an email sent by Twitter on Thursday to advertising agencies offering advertisers incentives to increase their spending on the platf

November 27, 2022
November 27, 2022

Amazon food delivery to shut down in India

The food delivery service Amazon Food will be shut down in India on December 29, 2022.