Amazon has a plan to deliver internet from space using 3,236 small satellites in low Earth orbit. It’s called Project Kuiper. In April, the company signed a multibillion-dollar contract — the largest rocket deal in the history of the commercial space
WASHINGTON, April 20 (Reuters) – Amazon’s satellite venture, SpaceX’s Starlink network and other satellite firms on Wednesday won a combined $278.5 million in contracts from NASA to demonstrate communications in space as the U.S. space agency moves to replace its
Amazon shares rallied in extended trading Thursday after the company posted a big earnings beat for the fourth quarter, helped by a gain on its investment in electric vehicle company Rivian. The company also disclosed revenue from its fast growing
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