Amazon

Amazon invests additional $4 bln in AI startup Anthropic

Amazon has poured another $4 billion into Anthropic, the artificial intelligence startup behind the chatbot Claude. This new funding doubles Amazon’s total investment in the startup to $8 billion. 

Amazon wants to be everything to everyone

Innovations unveiled in recent days by the Seattle-based tech titan included a delivery van computer system to shave time off deliveries by its speed-obsessed logistics network

Amazon to hire 250,000 workers for upcoming holidays

Amazon has announced plans to hire 250,000 transportation and warehouse workers for the upcoming holiday shopping season, matching its hiring efforts from last year, as per a recent Reuters report.

Online sellers on Walmart's Flipkart sue India watchdog over antitrust probe

The filings come after antitrust investigations concluded in August found Amazon and Flipkart, some of their sellers and smartphone brands, violated local competition laws

What we know about the fire 'pandemic' plaguing Brazil

Nearly two-thirds of Latin America's biggest country is under smoke.

Amazon enforces five-day workweek for employees

Amazon has announced a new policy that will require employees to be physically present at the office five days a week starting next year, toughening its previous three-day office mandate. Additionally, Amazon is ending a program that previously allowed employees to work from anywhere for up to four months each year.

India accuses Samsung, Xiaomi of colluding with Amazon, Flipkart

Samsung, Xiaomi and other smartphone companies colluded with Amazon and Walmart's Flipkart to exclusively launch products on the e-commerce firms' Indian websites in breach of antitrust laws, according to regulatory reports seen by Reuters.

Jeff Bezos plans to sell Amazon shares worth $5 bln

Jeff Bezos, founder and executive chairman of Amazon, is planning on selling shares of his company that are worth almost $5 billion, according to a recent regulatory filing. This takes place after Amazon's stock hit a record high recently, with the e-commerce giant currently standing at a $2.056 trillion market cap.

Amazon reaches $2 trillion valuation for the first time

Amazon.com, the US-based tech and e-commerce company, has reached a valuation of $2 trillion for the first time. This makes it the fifth US company to reach this market value, a rise that is being attributed to the recent AI boom.

November 24, 2024
November 24, 2024

Amazon invests additional $4 bln in AI startup Anthropic

Amazon has poured another $4 billion into Anthropic, the artificial intelligence startup behind the chatbot Claude. This new funding doubles Amazon’s total investment in the startup to $8 billion. 

October 13, 2024
October 13, 2024

Amazon wants to be everything to everyone

Innovations unveiled in recent days by the Seattle-based tech titan included a delivery van computer system to shave time off deliveries by its speed-obsessed logistics network

October 4, 2024
October 4, 2024

Amazon to hire 250,000 workers for upcoming holidays

Amazon has announced plans to hire 250,000 transportation and warehouse workers for the upcoming holiday shopping season, matching its hiring efforts from last year, as per a recent Reuters report.

September 29, 2024
September 29, 2024

Online sellers on Walmart's Flipkart sue India watchdog over antitrust probe

The filings come after antitrust investigations concluded in August found Amazon and Flipkart, some of their sellers and smartphone brands, violated local competition laws

September 19, 2024
September 19, 2024

What we know about the fire 'pandemic' plaguing Brazil

Nearly two-thirds of Latin America's biggest country is under smoke.

September 17, 2024
September 17, 2024

Amazon enforces five-day workweek for employees

Amazon has announced a new policy that will require employees to be physically present at the office five days a week starting next year, toughening its previous three-day office mandate. Additionally, Amazon is ending a program that previously allowed employees to work from anywhere for up to four months each year.

September 15, 2024
September 15, 2024

India accuses Samsung, Xiaomi of colluding with Amazon, Flipkart

Samsung, Xiaomi and other smartphone companies colluded with Amazon and Walmart's Flipkart to exclusively launch products on the e-commerce firms' Indian websites in breach of antitrust laws, according to regulatory reports seen by Reuters.

July 5, 2024
July 5, 2024

Jeff Bezos plans to sell Amazon shares worth $5 bln

Jeff Bezos, founder and executive chairman of Amazon, is planning on selling shares of his company that are worth almost $5 billion, according to a recent regulatory filing. This takes place after Amazon's stock hit a record high recently, with the e-commerce giant currently standing at a $2.056 trillion market cap.

June 27, 2024
June 27, 2024

Amazon reaches $2 trillion valuation for the first time

Amazon.com, the US-based tech and e-commerce company, has reached a valuation of $2 trillion for the first time. This makes it the fifth US company to reach this market value, a rise that is being attributed to the recent AI boom.

May 29, 2024
May 29, 2024

Amazon wants bonded warehouse in Bangladesh,Titu says

American e-commerce giant Amazon wants central bonded warehouse facilities in Bangladesh to enjoy tax benefits, said State Minister for Commerce Ahasanul Islam Titu yesterday