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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 […]

Pentagon To Re-evaluate Award Of JEDI Contract To Microsoft Corp (NASDAQ:MSFT) Following Amazon.com Inc.’s (NASDAQ:AMZN) Protest

The US Defence Department has announced that it might reconsider the awarding of Microsoft Corp (NASDAQ:MSFT) the $10 billion cloud contract following protests from Amazon.com Inc. (NASDAQ:AMZN). Amazon had indicated that it lost following President Donald Trump’s interference. DoD to re-evaluate award of JEDI contact                                                                             In a court filing, the department indicated that it […]

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 […]

Uber (NYSE:UBER) CEO Says The Company Could Soon Offer Retail Delivery Services

Uber Technologies (NYSE:UBER) CEO Dara Khosrowshahi has indicated that the ride-hailing company has a similar model as that of e-commerce giant Amazon (NASDAQ:AMZN). Khosrowshahi indicated that Uber can offer more than just booking rides. Uber CEO wants to transform transport marketplace The CEO said that the company is fundamentally distinct from other companies because it […]

Amazon’s (NASDAQ:AMZN) AWS Unit To Launch 20% More Powerful Server Chip

Amazon’s (NASDAQ:AMZN) cloud server unit Amazon Web Services has designed a new and powerful data center processor chips. This is the latest move by the company to invest in custom silicon for its cloud services business. New AWS server chip 20% faster than previous chips The company announced last year the launch of the ARM-based […]

Alphabet Inc (NASDAQ:GOOGL) Leaps Into the Wearable Industry By Buying Fitbit Inc (NYSE:FIT) For $2.1 Billion

Alphabet Inc (NASDAQ:GOOGL), the tech giant that helped make it fun to sit around surfing the web, is leaping into the fitness-tracker market by buying Fitbit Inc (NYSE:FIT) for about $2.1 billion. This deal will put the California-based Corporation in direct competition with Samsung and Apple Inc. (NASDAQ:AAPL) in the highly competitive market for smartwatches […]

Amazon.Com Inc. (NASDAQ:AMZN) And Spacex Leading The Race For Space Internet

The space race is intensifying, and companies such as Amazon.com Inc. (NASDAQ:AMZN) and SpaceX are leading the race to get into space. This is in a bid to provide internet to some of the remotest places on earth. This 21st-century space race involves thousands of satellites. Satellite internet for remote areas A couple of tech […]

Amazon.com, Inc. (NASDAQ:AMZN) Steps Up Efforts To Reduce Climate Impact And Places An Order On Rivian For 100,000 Electric Trucks

To reduce the impact on climate, Amazon.com, Inc. (NASDAQ:AMZN) is gearing up and announced plans to purchase 100,000 electric trucks from Rivian, a Michigan based firm. The ordered vehicles are of emission-free category. It plans to become carbon-neutral by the year 2040. This commitment is ten years earlier than United Nations Paris Agreement. Climate Pledge […]

Alphabet Inc (NASDAQ:GOOG) Assistant Maintains Top Position In Latest Rankings

Alphabet Inc (NASDAQ:GOOG), Amazon.com, Inc (NASDAQ:AMZN) and Apple Inc (NASDAQ:AAPL) are the owners of the top digital assistants. These companies are with time, making efforts to enhance their products. These efforts seem to be paying off considering that the products have been getting better with time. They these digital assistants are currently performing much better […]

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