Page 22 - Amazon

'Not plug and play': Amazon, Flipkart struggle to meet EV goal in India

Delivery giants find there aren't many models available that can be deployed at scale, and what supply there is can't keep up with demand.

Amazon opens fulfilment centre with 600,000 cubic ft storage in Telangana

Expands existing facility; the e-commerce firm has launched its 5th fulfilment centre in the state

Amazon, Microsoft, Google grab 63% of $42 bn Cloud infra market

The enterprise spending on cloud infrastructure services reached $42 bn in Q2, increased by $2.7 bn from the previous quarter and up 39 per cent from the Q2 of 2020, according to a new report

Amazon union election should be re-run, recommends US labor official

After losing the election in April, the Union appealed the outcome to the NLRB, setting in motion a contentious hearing in May that was presided over by NLRB hearing officer Kerstin Myers

Competition Commission open to probe Flipkart, Amazon separately

The two e-commerce giants are currently named in a single complaint, which is being probed by the anti-competition watchdog

US stocks slip on Amazon disappointing earning report, dollar bounces

US stocks dropped on Friday to pull further from record highs as an underwhelming earnings report from Amazon.com Inc dampened the market mood

Amazon hit with $886 million European Union data privacy fine

This is for for processing personal data in violation of the EU's General Data Protection Regulation (GDPR)

Amazon Covid-19 pandemic bump fades as vaccinated shoppers leave home

Amazon shares declined 8% at 9:34 a.m., for the biggest drop since May 1, 2020. This was the first time Amazon missed quarterly sales estimates since 2018

US stocks slip on Amazon earnings, dollar near one-month low

Amazon's warning of slowing growth gave investors a reason to tamper recent market exuberance and cash in profits

Amazon's recent numbers don't look good: should investors start worrying?

E-commerce sales are clearly slowing, foreshadowing more lackluster revenue results the rest of the year

Prime Day: Amazon India sees highest participation from small businesses

Customer from 96 per cent pincodes of India place orders during Amazon's Prime Day event

SC reserves verdict on Amazon's pleas against Future-Reliance deal

The Supreme Court Thursday reserved verdict on the pleas of e-commerce giant Amazon against the Rs 24,713 crore deal for merger of Future Retail Ltd (FRL) with Reliance Retail

After Flipkart, Amazon files appeal at Supreme Court in antitrust probe

Details of Amazon's plea were not immediately clear. The Supreme Court website showed the case listing of an appeal, without giving further details.

Apple and Google are winning big, but one company is about to pull ahead

No two tech giants are the same, and it comes down to their business models.

Bitcoin falls below $37,000 after Amazon's denial; Ether, Litecoin tumble

More than $950 million of crypto shorts were liquidated on Monday

Bitcoin jumps on speculation about Amazon considering crypto sector

Bitcoin's price surged again on Monday after speculation that Amazon may be entering the cryptocurrency sector after it posted a job seeking for a product leader to develop its digital currency

Amazon eyes potential stake in Indian film, media biz; Inox denies report

Amazon.com Inc's India arm is in talks with several domestic players in film and media distribution including cinema chain Inox Leisure Ltd for a potential stake, the Indian Express newspaper reported

Bitcoin nears $40,000 as shorts fuel rally on Amazon speculation

The surge on Monday brought crypto markets back to life after they've been stuck in the doldrums for months

E-com giant Amazon may soon allow digital currency as payment mode

Amazon may allow users to pay in cryptocurrencies like Bitcoin soon as the e-commerce giant is hiring a digital currency and blockchain product lead for its payments team.

Amazon to probe harassment, discrimination allegations at cloud unit AWS

E-commerce giant Amazon has opened a probe into allegations of harassment and discrimination at its cloud-computing unit Amazon Web Services, after more than 550 workers signed a petition