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
Jassy will reportedly join Apple CEO Tim Cook and Microsoft CEO to discuss cybersecurity matters Amazon CEO Andy Jassy will be visiting the White House later this week, according to people familiar with the matter. Jassy will reportedly join Apple CEO Tim Cook and Microsoft
Amazon said Thursday it’s postponing a return to the office for its corporate employees to January of 2022. Previously, Amazon had said it expected most of its employees to begin returning regularly to the office the week of Sept. 7
The Luxembourg National Commission for Data Protection said Amazon’s processing of personal data did not comply with the EU General Data Protection Regulation. It has ordered Amazon to revise certain undisclosed business practices. LONDON — Amazon has been issued with a fine
Amazon fell short of analysts’ estimates for revenue in its second-quarter results. It also gave weaker-than-expected outlook for third quarter revenue, which Amazon CFO Brian Olsavsky blamed on tough year-over-year comparisons to its business during Covid-19 lockdowns. Amazon shares fell more
New York (CNN Business)On any given day, you might receive a package you ordered from Amazon, log onto a website hosted by Amazon, ask an Amazon device about the weather and grab groceries at a Whole Foods owned by Amazon. Amazon is more than just the “everything store.”