Losses exceeding $700,000 in individual cases due to refund fraud were owed to platforms like TikTok and Telegram, where these schemes were promoted.
Tags: Amazon
Amazon Plans to Ditch Signature Brown Boxes to Reduce Packaging Waste
Efforts to reduce environmental impact by phasing out traditional brown shipping boxes are underway, but Amazon pressed a considerable effort needed to achieve its sustainability goal.
Amazon Boosts AI Efforts by Investing $2.75 Billion More in Tech Startup Anthropic
Amazon is investing an extra $2.75 billion in Anthropic, completing a commitment it signed last year to fund the AI startup.
Amazon Skips Cash Pay Hikes for Senior Employees This Year
Amazon announced on Wednesday that its senior employees will not get a cash pay raise this year. Amazon revealed on Wednesday that its senior employees, whose compensation predominantly comprises stock-related awards, will not get a cash pay raise this year.
Amazon Invests $2.75 Billion in Generative AI Startup Anthropic
Amazon's $2.75 billion investment in Anthropic, a top generative AI startup, marks its largest outside investment, showcasing its commitment to AI innovation.
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Elon Musk's X is gearing up to enter the video streaming arena with the launch of a television app designed for Amazon and Samsung smart TVs.
Huawei also has similar agreements with Vivo, Xiaomi, and Oppo, allowing innovation and enabling the development of new products and services without the fear of patent infringement litigation.
Amazon founder Jeff Bezos is now the world's richest man after he dethroned Elon Musk. Amazon founder Jeff Bezos is now the world's richest man after he dethroned Elon Musk, the Bloomberg Billionaires Index showed on Monday.
Amazon launches a $1 billion fund for AI and robotics, enhancing logistics efficiency and worker safety.
Amazon said Friday that it had paid around $1.9 million to over 700 migrant workers in Saudi Arabia who claimed they had suffered human rights abuses.
Amazon founder Jeff Bezos has sold another 14 million company shares worth around $2.4 billion. Amazon founder Jeff Bezos has sold another 14 million company shares worth around $2.
Amazon is set to replace Walgreens Boots Alliance in the Dow Jones Industrial Average. Amazon is set to replace Walgreens Boots Alliance in the Dow Jones Industrial Average (DJIA), according to S&P Dow Jones Indices' announcement on Tuesday.
Amazon founder Jeff Bezos has disclosed his sale of nearly 12 million shares of the company's stock, amounting to a massive value of over $2 billion.
What is Jeff Bezos' net worth? The Amazon founder is on the verge of surpassing tech billionaire Elon Musk as the world's wealthiest person.
