New York (CNN Business)The US Consumer Product Safety Commission says Amazon is selling hazardous products to its customers. The federal safety watchdog is suing Amazon to stop. Among the products cited in the suit are carbon monoxide detectors that fail to alarm,
The Department of Defense said it’s calling off the $10 billion cloud contract that was the subject of a legal battle involving Amazon and Microsoft. But the Pentagon is launching a new multivendor cloud computing contract. Amazon and Microsoft will
Amazon CEO Jeff Bezos will hand the reins over to cloud boss Andy Jassy on Monday. It caps off Bezos’ monumental run leading Amazon since its inception in 1994. Jassy will inherit a company that’s hitting its stride, but also
KEY POINTS The Competition and Markets Authority began an initial investigation into the issue of fake reviews back in May 2020. On Friday, the CMA said it would look into whether Amazon and Google have done enough to detect fake
Workers retrieve boxes at an Amazon fulfillment center on Prime Day in Raleigh, North Carolina, U.S., on Monday, June 21, 2021. Rachel Jessen | Bloomberg | Getty Images The first day of Amazon’s 48-hour Prime Day event is expected to have
KEY POINTS Sellers are grappling with widespread supply chain disruptions just as they gear up for Prime Day, which kicks off on Monday. Businesses are being hit hard by global shortages of shipping containers and semiconductors. Some sellers are worried
KEY POINTS Amazon Prime Day will start on June 21. Here are some of the best deals so far, and they’re not all from the online retail giant. It’s typically one of the biggest sales of the year. And in
KEY POINTS Amazon, Apple, Facebook and Google could be forced to overhaul their business practices under an expansive set of antitrust reforms introduced by a bipartisan group of House lawmakers on Friday. The package of five bills would make it
KEY POINTS The G-7 backed a U.S. proposal that calls for corporations around the world to pay a minimum 15% tax on profits. The reforms, if finalized, would affect the world’s largest companies with profit margins of at least 10%.
Amazon is bringing its Prime Day megasale back to its normal summertime schedule after the company last year postponed the annual event due to the coronavirus pandemic. The company announced Wednesday that this year’s Prime Day will take place on