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Tuesday, June 25, 2019

Tag: Amazon

Amazon extends UK grocery alliance with retailer Morrison

'Morrisons at Amazon' is currently available in four cities, where many customers can receive groceries within one hour of ordering.

US antitrust chief says past enforcement could presage new probe of...

The top US antitrust enforcer says that studying enforcement actions against Standard Oil and AT&T decades ago can help look at possible anti-competitive behaviour at Google and Facebook.

Amazon now the world’s most valuable brand

Amazon jumped from third to first place to eclipse Google which slid from first to third place with Apple holding on to the second spot.

Top tech executives will be asked to testify in US probe

Leaders of big US tech companies are asked to testify as part of an investigation into whether the companies misuse their massive market power.

‘Good Omens’: Amazon Prime bets big on the apocalypse

The show is the latest in a string of recent series to explore the relationships between humans and the afterlife.

Amazon shares may be worth US$3,000 in two years

The possibility of Amazon hitting the US$3,000-mark in shares is high.

Amazon shareholders reject facial recognition ban

Amazon defends its work and says all users must follow the law, it also added a web portal for people to report any abuse of the service.

‘.Amazon’ gives e-commerce giant its own internet domain

Brazil is not in favour of the move saying its inseparable semantic relation to the Amazon forest, that domain should not be the monopoly of a company.

Amazon buys US rights for Cannes hit ‘Les Miserables’

Les Miserables follows the early life of a policeman whose friends introduce him to the nuances of this city on the outskirts of Paris.

Amazon leads US$575 mil funding round in Deliveroo

Deliveroo is set to become Amazon's new venture as the largest online retailer is leading a US$575 million investment into the startup business.

Amazon faces backlash in India for selling items with images of...

Thousands of Twitter users in India have urged Foreign Minister Sushma Swaraj to take action against the world's biggest online retailer.

Big US hedge funds regain ardor for FAANGs in first quarter

NEW YORK: Some of the biggest, highest-profile US hedge fund investors and money managers fell back in love with FAANGs in the first quarter,...

Richest Asian buys iconic British toy store chain Hamleys

Reliance Brands Ltd agreed to purchase the 259-year-old Hamleys from C. Banner International Holdings Ltd for almost €68 million.

Billionaire Jeff Bezos to unveil plans for outpost on the moon

The Amazon.com CEO is expected to lay out details on lunar missions and a lunar lander spacecraft that the company is developing.

Amazon shares jump on Buffett investment

Buffett's investment in Amazon gave the stock price a healthy boost as the billionaire investor finally gets in on the tech giant.

Alibaba Cloud mulls global push while trouncing Amazon at home

The cloud business underpins Alibaba’s revenue growth, helping it offset saturation in its home e-commerce arena.

Netflix, streaming services win Oscars cinema rule battle

The decision follows a battle over how long a movie must play in theatres before being launched on the internet, DVD or other mediums.

Mueller report tops Amazon best seller charts

Special counsel Robert Mueller's report on Russian interference in the 2016 election is topping the Amazon best-seller charts.

Amazon, Google agree to allow each other’s streaming apps

Amazon and Google had decided to compromise with each other.

Amazon to pull plug on China retail operations

The US e-commerce pioneer will maintain other operations in China such as Amazon Web Services (AWS) and Kindle e-books.

Bezos lays down gauntlet to retail rivals in investor letter

Amazon boss calls for retailers to raise the minimum wage to US$16 an hour part of his long-term success story to make Amazon a valuable company.

US lawmakers propose bill to fight bias in tech companies’ algorithms

'This will only serve to stigmatise and discourage AI use, which could reduce its beneficial social and economic impacts,' Castro says.

Selling with the enemy: Why rival retailers embrace Amazon.com

The risk in this relationship, according to interviews with retailers and industry analysts, comes if Amazon uses real-time data from customer purchases to help it quickly build out its own private label.

Uber, Mastercard deals mark arrival of Mideast tech sector

Investors are expected to deploy more capital to the sector as they see the outcomes of companies such as Careem and Souq.com.