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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 […]

Amazon.com, Inc (NASDAQ:AMZN) May Be Considering Buying WWE Fully

Amazon.com, Inc (NASDAQ:AMZN) has been seen to pay a great focus on winning streaming struggles over the recent years. It is currently targeting buying a huge percentage of rights in the World Wrestling Entertainment. The business guru reveals that it has a bigger plan as time progresses and that is to, later on, buy off […]

Amazon.com, Inc. (NASDAQ:AMZN) Signs A Warehouse Lease Agreement With Matrix Development Group In Staten Island

To increase its footprint in Staten Island, Amazon.com, Inc. (NASDAQ:AMZN) signed a pact with Matrix Development Group in Staten Island for 450,000 Sq. Ft. It is located adjacent to its 855,000 Sq. Ft. distribution center opened in 2017. The new warehouse will concentrate on its last-mile deliveries. The existing distribution center will focus on sorting […]

Amazon.com Inc. (NASDAQ:AMZN) Employees Could Lose Jobs For Criticizing The Company’s Practices

Several Amazon.com Inc. (NASDAQ:AMZN) workers risk losing their jobs if they go through with the plan to criticize the company’s business practices. The workers are openly criticizing the retail giant’s record on climate change. Over 330 workers could lose jobs for speaking up Over the weekend, around 330 employees of Amazon signed their names and […]

Amazon.com Inc. (NASDAQ:AMZN) Is Building A Hand-Scanning Payment Service

Amazon.com Inc. (NASDAQ:AMZN) is reportedly working on checkout terminals that will allow customers to pay using their palms through connection to their credit cards. According to people familiar with the issue, customers will be able to scan their palms to pay for purchases in physical stores. Amazon piloting payment using hand scan at its Amazon […]

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