Amazon was fined 1.13 billion euros ($1.28 billion) on Thursday by Italian antitrust regulators for abusing its market dominance. The Autorità Garante della Concorrenza e del Mercato, or AGCM, said that Amazon had harmed competing operators in the e-commerce logistics service. It concluded
Amazon’s cloud computing unit on Tuesday was hit with an outage that took down some websites and services. A notice on AWS’ status page confirmed it was experiencing issues in the “US-East-1 Region.” The outage brought down popular services like
(CNN Business)Amazon (AMZN) is facing strikes by warehouse workers and delivery drivers across Europe as its busiest weekend of the year begins. Labor unions in Germany, Italy and France are calling for the company to pay its workers fairly and respect their
LONDON — Amazon plans to stop accepting payments made via Visa credit cards issued in the U.K. starting next year. The e-commerce giant has told some customers that, from Jan. 19 onward, the company will no longer accept Visa credit cards issued in Britain
Amazon reported third-quarter results on Thursday, missing on the top and bottom lines. It also gave fourth-quarter sales guidance that was below Wall Street’s estimates. Amazon shares dropped more than 4% in extended trading on Thursday after the company reported weaker-than-expected results for
Amazon on Thursday said it reached a settlement with two social media influencers it sued last November for allegedly engaging in a scheme to sell counterfeits. The two influencers allegedly worked with nearly a dozen third-party sellers to advertise, promote
Apple, Amazon, Facebook, Tesla and Baidu are all shunning established chip firms and bringing certain aspects of chip development in-house, according to company announcements and media reports. At this stage, none of the tech giants are looking to do all
Amazon’s cloud division doesn’t break out gross margins by services, but some outsiders estimate that storage and network offerings could be highly lucrative. Customers can lower their Amazon cloud costs in a variety of ways, including adjusting which computing resources
The National Council on Occupational Safety and Health recently included Amazon in its “Dirty Dozen” list of the most dangerous employers in the U.S. Amazon founder Jeff Bezos wrote in his last annual letter to shareholders that “we need a
Affirm’s buy now, pay later checkout option will be available to certain Amazon customers in the U.S. starting Friday with a broader rollout in the coming months. The partnership will let Amazon customers split purchases of $50 or more into