Amazon Stories
Amazon Labor Union To Affiliate With Teamsters Amid Battle With E-Commerce Giant
Amazon Labor Union will be affiliating with Teamsters to gain more strength in negotiating for a contract with Amazon.
FAA Clears The Way For Amazon To Expand Drone Delivery Service
FAA has just paved the way for Amazon to expand its drone delivery service.
Amazon To Overhaul Alexa With AI And Customers Should Brace For Monthly Subscription Fees
The tech giant will be launching a "more controversial" version of Alexa in the present year. Perhaps, it would be competing with other tech giants who have their own AI-powered chatbots.
Inflation Sends Rich Consumers To Walmart, As It Is 'Turning The Tables' On Amazon
The persistence of inflation makes wealthy consumers more price-sensitive, leading them to seek bargains at Walmart, which is gaining an edge over Amazon in shopping convenience.
MegaRhino: Empowering Brands For Success On Amazon Through Strategic Solutions
MegaRhino is led by Andrew Zetterholm, a seasoned strategist dedicated to empowering small businesses to thrive in the digital market.
France Announces 'Record' Foreign Investments Worth 15 Bn Euros
The announcement came as Macron kicked off a day of meetings with foreign business leaders at the Chateau de Versailles, called "Choose France".
Microsoft, Amazon To Invest Billions In French Tech
The announcements came on the eve of the seventh Choose France Summit, the aim of which is to attract foreign investors to the country. Macron will host it at the Chateau of Versailles near Paris.
Amazon Says Will Invest $9 Billion In Singapore
Amazon said Tuesday it would invest US$9 billion in Singapore over the next four years to expand its cloud computing capabilities in the city.
Italy Fines Amazon Over 'Recurring' Purchase Option
In a statement, the AGCM said the option to set up regular purchases was "pre-selected by default" on a wide selection of products listed on Amazon's Italian website.
After Long Peace, Big Tech Faces US Antitrust Reckoning
After more than a decade of leaving Big Tech largely to itself, US antitrust enforcers have cranked up the heat, with several high-profile cases underway that could radically change the way the industry's giants do business.
From iRobot To Antitrust Battles: Amazon CEO Speaks Out On Regulatory Challenges
Amazon CEO criticizes regulatory obstacles, lamenting the fallout from the failed iRobot acquisition and calling for a more balanced approach.
Amazon's Financial Boom: Will Shareholders Reap The Benefits?
Amazon's surge in free cash flow prompts speculation on potential shifts in its capital-return strategy, as analysts anticipate enhanced shareholder rewards.
Amazon Announces Layoffs In AWS Division, Streamlining Operations Amid Strategic Shift
Amazon's layoffs within its AWS division prompt inquiries into the potential implications for the company's trajectory and competitiveness in the tech industry.
Unveiling Claude 3: Amazon's $2.75 Billion Investment Redefines The AI Landscape
Amazon announces a $2.75 billion investment in Anthropic, signaling its bold entry into the fiercely competitive AI race.
Target Is Getting Ready To Compete Against Walmart And Amazon — Too Late In The Game?
Over the years, Target has become a "one-stop-shop" retailer, allowing shoppers to buy everything, from groceries to medicine and apparel. In addition, it has combined online shopping with offline shopping.
Target To Launch Paid Membership Program, Following Amazon And Walmart's Lead
Target introduces paid membership program, Target Circle 360, to boost sales and compete with Amazon and Walmart.
Walmart Is Beginning To Look Like Amazon, Winning The War Of Unified Commerce
In recent years, Walmart seems to be doing everything right. The retailer paid big bucks to hire top software development talent. It acquired digital properties to expand its online sales scale and scope and developed its version of Amazon's Prime program.
Why Unified® Says Amazon Sellers Use Them Because Of 1 Reason
The ability to sell across multiple platforms, including Amazon, Walmart, and eBay, broadens the horizon for Why Unified® sellers.
Amazon Says Repays $1.9 Mn To Workers In Saudi Over Unlawful Fees
Online retailer Amazon said Friday it had paid $1.9 million to more than 700 contracted workers in Saudi Arabia as reimbursements for unlawful recruitment fees, among other alleged violations.
E-Commerce Giant Amazon Joins Dow Jones; Walgreens Bowing Out
Amazon's inclusion in the Dow Jones Industrial Average replaces Walgreens, signaling a shift towards tech dominance in the market.
Jeff Bezos To Sell Up To 50 Million Amazon Shares Over Next One Year
Amazon said a company filing Friday that its founder had adopted a trading plan to sell up to 50 million shares over a period ending Jan. 31, 2025.
Meta, Amazon Beat Expectations With Stellar Results
Meta and Amazon on Thursday blew through expectations in their latest quarterly results as Big Tech continued to impress Wall Street.
Walmart Unveils Plans To Open 150 Large-Format Stores In Next Five Years
The company, which already operates in more than 4,600 stores across the country and nearly 600 Sam's Club warehouses, aims to extend its footprint further.
App Lets Indigenous Brazilians Connect In Own Languages
For Indigenous communities in the Brazilian Amazon, getting online is a challenge.
Amazon French Warehouses Unit Fined 32 Million Euros
France's data protection agency said Tuesday it had fined Amazon's French warehouse management unit 32 million euros ($34.9 million) for an "excessively intrusive" surveillance system to monitor staff performance.
Deforestation In Brazilian Amazon Halved In 2023
Deforestation in the Brazilian Amazon fell by half last year, according to figures released Friday, as President Luiz Inacio Lula da Silva's government bolstered environmental policing to crack down on surging destruction.
Why The Magnificent Seven Rally Could Last For Many More Years
Though past performance isn't a guarantee for future performance, as the usual Wall Street disclaimer goes, there is a good reason to believe that the Magnificent Seven will continue to outperform the market for many more years.
Jeff Bezos Net Worth 2024: Amazon Founder's $172.3B Wealth Set To Soar Atop Blue Origin Rockets
Jeff Bezos is the third-richest man in the world today, behind Elon Musk and Bernard Arnault. Here's a look at his net worth and where it could be in 2024.
German Union Calls On Amazon Workers To Strike On 'Black Friday'
Union Verdi called on workers at online retail giant Amazon in Germany to go on strike on the annual "Black Friday" shopping extravaganza, in their battle for better working conditions.
Amazon To Sell New Cars Next Year In US, Starting With Hyundai
E-commerce giant Amazon said Thursday it would start selling new automobiles on its platform in the United States next year.