Tags: Amazon

US-COMMERCE-ECONOMY-AMAZON

Amazon Sued by UK Retailers for $1.3 Billion Over Alleged Data Misuse

Amazon faces a £1 billion ($1.3 billion) lawsuit from British retailers, led by the British Independent Retailers Association (BIRA), accusing the company of misusing their data to boost its own market share and profits by undercutting them with cheaper rival products.


Amazon Workers' Union Affiliates with Teamsters in Strategic Partnership

The Amazon Labor Union has affiliated with the International Brotherhood of Teamsters, receiving support from one of the most powerful labor unions.

Atlas Air Ends Cargo Partnership With Amazon to Focus on International Customers Like Shein, Temu

Atlas Air Worldwide will stop flying freighter aircraft for Amazon's domestic parcel network by mid-2025.

Amazon Wins FAA Clearance to Expand Prime Air Delivery Drone Operations, Cover Longer-Distance Shipments

Amazon said FAA has allowed its Prime Air delivery drones to fly further without ground spotters. Amazon announced on Thursday, May 30, that it had been granted permission by the Federal Aviation Administration (FAA) to use its Prime Air delivery drones for greater distances without ground spotters.


Latest News

Amazon Fresh Price Cuts Announced—Reducing Grocery Prices by Up To 30%
Amazon Fresh price cuts were announced. Will this help bring back the customers it lost because of inflation?
Australia Signs $2 Billion Deal With Amazon to Move Highly Classified Intelligence Data to Cloud
Amazon's AWS will help Italy expand its data center. The cloud computing arm will invest billions of dollars to make it happen.
Amazon Shareholders Vote Against All 14 Outside Proposals That Include Disclosing Carbon Emissions, Directors' Donations
Amazon.com investors have voted down all 14 resolutions that called for increased transparency on carbon emissions, directors' donations, and the establishment of a committee to manage AI development.
Ai-Da Robot at UN Global Summit on AI for Good
Microsoft, Amazon, OpenAI, and other tech giants have committed to a landmark international AI safety agreement at the Seoul AI Safety Summit, including a "kill switch" to halt AI development if risks cannot be mitigated.
Blue Origin's New Shepard Rocket Flies Humans Again After 2022 Mishap
Blue Origin launched its first human spaceflight in two years after an uncrewed flight in 2022 forced the company to postpone its human spaceflights.
Jeff Bezos Reveals the Secret to Amazon’s Success, Expresses Concern Over Lack of AI Competency
Despite being proud of the company's success, Jeff Bezos now voices his concerns about Amazon’s need to enhance its AI capabilities to stay competitive.
Paramount, Amazon Initiate Talks on Expanding Media Partnership
Paramount has been reported to be talking with Amazon to expand its media partnership, including the bundled sales of channels and advertising measures.
Amazon Prime Video
Amazon is expanding its advertising strategy by introducing ads on its Prime Video streaming service. The company aims to generate $3 billion in revenue and compete with traditional media giants.
Amazon Cloud CEO Adam Selipsky Unexpectedly Steps Down After 15 ‘Strong’ Years in Position
Amazon Web Services's CEO Adam Selipsky has announced his resignation, stating that he is leaving the company's cloud computing business in a "strong position" after dedicating 15 years to its growth.
Anthropic Expands Claude AI Chatbot to Europe, Launches Fundraiser
Anthropic will expand its generative AI assistant Claude to Europe while continuing to get funding from the continent.
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