Tags: Amazon
Jeff Bezos to Sell $5 Billion Worth of Amazon Shares During Record Stock Surge
After selling shares worth $8.5 billion this February, Amazon founder Jeff Bezos plans to sell an additional 25 million more shares worth approximately $5 billion, coinciding with Amazon's stock reaching a new record high.
Amazon Initiates Review on Claims Perplexity AI Abused Online Content Scraping
Amazon said it was reviewing claims that Perplexity AI was scraping content without any approval, including content from prominent news sites.
Amazon to Launch Discount Store to Compete Against Shein, Temu
Amazon revealed plans to launch a dedicated low-price fashion and lifestyle online store to allow Chinese sellers to ship directly to consumers in the United States.
Amazon Partners with Megan Thee Stallion to Promote 2024 Prime Day
Amazon revealed that it would be partnering with American hip-hop star Megan Thee Stallion to promote its 10th annual Prime Day event on July 16-17.
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The California Labor Commissioner’s Office fined Amazon $5.9 million for violating a state law that prevented warehouse workers from being pushed to work so quickly that their personal health and safety were put at risk.
The Amazon Labor Union has elected to join the International Brotherhood of Teamsters. A person prepares to enter the Amazon's JFK8 Staten Island fulfillment center in Staten Island on March 25, 2022 in New York City.
Amazon and Vrio plan to deploy 3,236 low Earth orbit satellites to provide broadband internet to South American countries, directly competing with Elon Musk's Starlink.
Thousands of Amazon delivery drivers are suing the company, claiming that being classified as independent contractors instead of employees has resulted in unpaid wages and financial hardships.
Biotech giant Roche is accusing Indian manufacturers of counterfeiting its Accu-Chek devices. The company claims fake ones are being sold on Amazon.
Amazon faces a £1 billion ($1.3 billion) lawsuit from British retailers, led by the British Independent Retailers Association (BIRA), accusing the company of misusing their data to boost its own market share and profits by undercutting them with cheaper rival products.
The Amazon Labor Union has affiliated with the International Brotherhood of Teamsters, receiving support from one of the most powerful labor unions.
Atlas Air Worldwide will stop flying freighter aircraft for Amazon's domestic parcel network by mid-2025.
Amazon said FAA has allowed its Prime Air delivery drones to fly further without ground spotters. Amazon announced on Thursday, May 30, that it had been granted permission by the Federal Aviation Administration (FAA) to use its Prime Air delivery drones for greater distances without ground spotters.
Twitch has terminated the contracts of its current Safety Advisory Council members and will expand the council's membership to include approximately 180 ambassadors from its ambassador program.
















