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Amazon’s (NASDAQ:AMZN) Prime Day Event To Kick-start Holiday Season Shopping

Amazon.com Inc. (NASDAQ:AMZN) expects to hold its Prime Day on October 13-14, which was postponed from July due to the pandemic. Since 2015, the company has been holding the event in July, where shoppers ramp up sales, but this year it will be different because of the pandemic. Amazon expects a different type of Prime […]

Amazon.com Inc. (NASDAQ:AMZN) Takes Lessons From Google’s (NASDAQ:GOOGL) Stadia To Launch A Netflix-like Gaming Service, Luna

Amazon.com Inc. (NASDAQ:AMZN) has launched a new cloud gaming offering referred to as Luna as the giant e-commerce company that looks to succeed where Google’s (NASDAQ:GOOGL) Google Stadia failed. Google Stadia was underwhelming The new service, code-named Tempo, previously supported by the extensive AWS data centers network, will be available to US residents with PC, […]

Amazon (NASDAQ:AMZN) And Tesla (NASDAQ:TSLA) Will Not Fully Automate As Robots Can’t Replace Humans

Companies such as Amazon.com Inc. (NASDAQ:AMZN) and Tesla Inc. (NASDAQ:TSLA), which have greatly employed automation in their operations, are yet to use robots at a grand scale because they can’t get a robot that can pick good as humans do. Tesla made a mistake to automate the production of Model 3 In 2018 Tesla CEO […]

Amazon.com, Inc. (NASDAQ:AMZN) Accused Of Investing In Startups And Later Launch Competing Products

Amazon.com, Inc. (NASDAQ:AMZN) has been investing in startups only to turn around and launch competing products. This is according to a new report by The Wall Street Journal’s, Dana Mattioli and Cara Lombardo. The journal has listed multiple cases where the e-commerce giant invested in fledging companies, gained access to financial data and internal operations […]

Alibaba Group Holding Ltd (NYSE:BABA) Handled The COVID-19 Crisis Better Than Amazon.com Inc. (NASDAQ:AMZN)

E-commerce giants Alibaba Group Holding Ltd (NYSE:BABA), Amazon.com Inc. (NASDAQ:AMZN), and JD.Com Inc. (NASDAQ:JD) have been on the spotlight regarding on how they have handled the COVID-19 crisis with some handling it better than others. Amazon drawing criticism on the handling of COVID-19 situation Although these e-commerce giants are different, all of them have nevertheless […]

Amazon.com, Inc. (NASDAQ:AMZN) Expects To Pay $28 Billion For Violating Bloc’s Rules: EU Will File A Complaint Soon

The EU will soon file antitrust charges against Amazon.com, Inc. (NASDAQ:AMZN) over the illegal treatment of 3rd party sellers. A charge sheet draft is in circulation in the past two months. The antitrust regulator – EC (European Commission) is probing the charges against the e-commerce giant for the last two years. Amazon to pay $28 […]

Amazon and Walmart Faces Competition In Indian Grocery Services Market After The Launch Of JioMart

Amazon.com Inc. (NASDAQ:AMZN) and Walmart (NYSE:WMT) Flipkart are facing competition in the online grocery services market in India following the launch of Reliance’s JioMart. JioMart to deliver groceries in 200 towns The online grocery market in Indian is huge, and JioMart is expected to deliver crossers in over 200 towns nationwide. The Indian conglomerate’s grocery […]

Amazon.Com Inc. (NASDAQ:AMZN) AWS Engineer Resigns Because Of “Chickenshit” Move To Fire Vocal Employees

Amazon.com Inc. (NASDAQ:AMZN) engineer and VP Tim Bray caused a stir following the announcement that he was resigning from the company. Bray announced that his final day with Amazon was on May 1, citing the retail giant’s firing of whistleblowers. Through a blog post, the Amazon Web services engineer indicated that he was leaving the […]

Court In France Orders Amazon.com, Inc. (NASDAQ:AMZN) To Halt Delivery Of Products Outside Of Medicine, And Food Citing Poor Safety Conditions At Its Warehouses

A court in France has ordered Amazon.com, Inc. (NASDAQ:AMZN) to halt the delivery of all products outside medicines, food, and hygienic categories citing poor safety conditions at Amazon’s warehouses. As a result, Amazon will temporarily suspend the delivery in France for five days. The court ruling comes after the workers filed a complaint because the […]

Amazon.com, Inc. (NASDAQ:AMZN) Expects To Recruit Additional 75,000 Workers To Cope-Up With A Surge In Demand: Amazon To Spend $500 Million On Wages

After completing the recruitment of 100,000 workers a month ago, Amazon.com, Inc. (NASDAQ:AMZN) is planning to add additional 75,000 workers to cope up with a surge in demand. The company is witnessing a huge surge in orders because most people stay at home to prevent the spread of coronavirus. Unemployed people from restaurants, movie theaters […]

Workers at Amazon.com, Inc (NASDAQ:AMZN) Cite Reasons For Their Strike

Workers at Amazon.com, Inc (NASDAQ:AMZN) have in the course of this changed their minds by deciding to prioritize their health. They undertake their demonstration in some fulfillment centers countrywide. They say that the continued working continues to pose an immense danger to their health and wellness in the face of the COVID-19 scourge. Poor working […]

Amazon.com, Inc. (NASDAQ:AMZN) Closes Over 3,900 Seller Accounts In The US For Violating Fair Pricing Policies

Amazon.com, Inc. (NASDAQ:AMZN) has closed over 3,900 seller accounts in the US for violating its fair pricing policies. According to a blog post, the e-commerce giant said it has removed over a million items from the store because some sellers resorted to price gouging. Stringent action on sellers for price gouging Amazon said it is […]

Amazon.com, Inc. (NASDAQ:AMZN) Warehouses Now Accepts Groceries, Household Staples And Medical Supplies In The US Until April 5, 2020

Amazon.com, Inc. (NASDAQ:AMZN) is now committed to delivering essential supplies until April 5, 2020, to meet the growing demand from people who are confined to their homes due to coronavirus outbreak. The company gives priority to the delivery of essential items such as groceries, household staples, and medical supplies. Amazon will not accept items other […]

Amazon.com, Inc. (NASDAQ:AMZN) Increases Hourly Pay By $2 In The US; Amazon To Recruit 100,000 Workers To Cope Up With Surging Orders During Coronavirus Outbreak

Amazon.com, Inc. (NASDAQ:AMZN) has increased the hourly pay for its employees temporarily. The hourly pay increase is applicable for workers at whole food grocery centers, delivery centers, and warehouses in the US through April 2020. Each employee in this category earns a minimum hourly pay of $15. Amazon will pay a similar increase to the […]

Patricia Campbell-Smith Of The US Court Expects Amazon.com, Inc (NASDAQ:AMZN) To Succeed In The $10 Billion JEDI Contract

Patricia Campbell-Smith, a Federal Claims Judge at the US Court, said Amazon.com, Inc (NASDAQ:AMZN) is likely to win its case against the decision of the US Department of Defense (DOD) in awarding a prestigious $10 billion Cloud Computing JEDI contract to Microsoft Corporation (NASDAQ:MSFT). Issues an order to halt the work on the JEDI contract […]

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