Page 27 - Amazon

Covid brought structural shift to get more users online: Amazon India boss

In a Q&A, Amit Aggarwal dwells on his company's long-term commitment to India and its eight year journey in the country

Amazon explores replacing JPMorgan as issuer of co-brand credit card

American Express Co. and Synchrony Financial are among those bidding on the portfolio.

Jeff Bezos to join winner of seat on Blue Origin's first human space flight

Amazon founder says will travel to space with his brother and auction winner on July 20

SK Telecom not selling stake in e-commerce unit 11Street to Amazon

SK Telecom denied a news report on Monday that it is planning to sell a stake in its e-commerce unit 11Street to ecommerce giant Amazon in a bid to bolster its online retail business.

K'taka govt must 'teach Amazon a lesson', says Kumaraswamy

Karnataka government must take action against Amazon, said former Karnataka CM HD Kumaraswamy after the e-commerce platform was found selling a bikini with the Kannada state flag and emblem on it.

SoftBank Group may invest $700 mn in Flipkart after exiting firm in 2018

Techy conglomerate investing in Flipkart at a time when Reliance Industries and Tata are betting big on e-commerce as well.

Amazon starts testing Britain's staff for latest coronavirus variants

The retail giant opened Covid-19 testing labs in the UK and the United States last year to provide voluntary testing for staff

Amazon announces Prime Day sale in select countries on June 21-22

Amazon on Wednesday announced to kick off its Prime Day in select countries on June 21-22 and support small business selling partners again amid the pandemic

Amazon changes worker-productivity yardstick blamed for warehouse injuries

Company's decision to overhaul its productivity targets coincides news reports that the rate of injuries at Amazon warehouses is higher than its peers in logistics.

Tata Digital buys majority stake worth $1.31 bn in online grocer BigBasket

India's antitrust body had in March approved the acquisition of up to a 64.3% stake in BigBasket by Tata Digital

8th noose found at Amazon construction site despite additional security

Amazon closed the site over the weekend, saying it was putting additional security measures in place after a seventh noose was found last week

Jeff Bezos says will pass baton to new Amazon CEO on July 5

Amazon founder Jeff Bezos has picked a date to step down as CEO.

Amazon to buy MGM, studio behind James Bond and 'Shark Tank', for $8.4 bn

Amazon is going Hollywood. The online shopping giant is buying MGM, the movie and TV studio behind James Bond, Legally Blonde" and Shark Tank," with the hopes of filling its video streaming service with more stuff to watch. Amazon is paying $8.45 billion for MGM, making it the company's second-largest acquisition after it bought grocer Whole Foods for nearly $14 billion in 2017. The deal is the latest in the media industry that's aimed at boosting streaming services to compete against Netflix and Disney+. AT&T and Discovery announced on May 17 that they would combine media companies, creating a powerhouse that includes HGTV, CNN, Food Network and HBO. Amazon doesn't say how many people watch its Prime Video service. But more than 200 million have access to it because they're signed up for its Prime membership, which gives them faster shipping and other perks. Besides Prime Video, Amazon also has a free streaming service called IMDb TV, where Amazon makes money by playing ads ...

Five women file lawsuits against Amazon alleging bias, retaliation

These women all represented by Wigdor LLP, the law firm representing a plaintiff in discrimination and harassment lawsuit against Amazon that was filed earlier this year.

RIL seeks NCLT nod for shareholder meeting to approve Future group deal

RIL has already extended the deadline of closure of the deal with Future in anticip­ation of procedural as well as delays res­ulting from the legal battle between Amazon and Future group

Amazon's talks with MGM bring fresh shine to old movie libraries

The frenzy also is boosting shares of another potential target, Lions Gate Entertainment.

Amazon to continue pause on police use of facial recognition technology

Amazon said Tuesday that it will continue to ban police use of its face-recognition technology beyond the one-year ban it announced last year

Amazon's acquisition of MGM would add to frenzy for streaming assets

The acquisitions are setting 2021 up to be a record for media deals. More than $80 bn in takeovers have been announced so far this year

Amazon in talks to buy movie studio MGM for about $9 billion:Report

MGM would help bolster Amazon's Prime streaming service, the Information and Variety said in reports. Amazon is weeks into negotiations to buy studio for about $9 billion, according to Variety.

Amazon, sellers tie up to supply 9,000 oxygen concentrators to Indian users

E-commerce giant is helping airlift the devices; first batch of 1,000 has already landed