Tech giant AGM: Amazon shareholders reject investor-led proposals on workers’ rights May 25, 2022 Amazon shareholders voted down all investor-led proposals at the tech giant’s AGM on Wednesday afternoon. Among the 15 shareholder proposals, rejected resolutions included those critical of the company’s use of plastics and particular concealment agreements in contracts. The $1tn e-commerce giant had pushed back against all of the shareholder proposals, the highest number it has [...]
Amazon European retail arm paid no taxes on €51bn of sales in 2021 April 20, 2022 Amazon's European retail business reported losses of €1.16bn (£963m) in 2021 allowing the company to pay no income tax.
Spotify and Amazon consider takeover bids for podcast platform Audioboom February 13, 2022 Spotify and Amazon are considering takeover bids for London-listed podcasting platform Audioboom which has enjoyed a boom in revenues through the pandemic, according to reports.
Amazon goes on UK hiring spree as e-com giant creates 4,000 new jobs July 15, 2022 Amazon has gone on a hiring spree in the UK, creating more than 4,000 permanent jobs this year. Spread across the UK, the new jobs will include positions at the Wakefield and Knowsley new fulfilment centres, where staff pack and ship orders. Corporate and technology as well as product management and software development jobs will [...]
Amazon expects record sales as cash-strapped Brits turn to Prime Day for big ticket purchases July 11, 2022 Amazon is anticipated to smash sales records as cash-strapped Brits turn to the e-commerce titan for its blockbuster Prime Day. Last year, sales during the discount bonanza hit a new record, raking in $11.2bn. Now, the e-commerce giant will be hoping more discount-hungry shoppers than ever will be seeking out the best deals from Tuesday, [...]
Amazon unveils share split and $10bn buy back programme March 10, 2022 Amazon unveiled plans for a 20-for1 share split last night alongside a $10bn buyback programme as it looks to re energise its share price after a month of decline.
Amazon accused of using suppliers tied to Chinese forced labour camps March 8, 2022 Amazon is under fire for its supply chain after a new report revealed that the e-commerce giant continues to use suppliers that are tied to forced labour camps in China's Xinjiang region.
Lydia Hall interview: Welsh golfer on her Amazon delivery sideline and the Aramco Team Series June 14, 2022 Lydia Hall spent much of the pandemic delivering parcels but now the Welsh golfer is enjoying improved returns on the Ladies European Tour, thanks in no small part to the Aramco Team Series. When Covid-19 shut down much of sport in early 2020, Hall was forced to put her clubs to one side and turn [...]
Fifa takes on Netflix and Amazon Prime by launching new streaming service Fifa+ April 13, 2022 Fifa has joined the likes of Netflix and Amazon Prime by launching its own streaming platform Fifa+. The free service will provide football fans with live matches from around the world, along with archive content and documentaries. “Fifa+ will provide access to live matches from every corner of the world, interactive games, news, tournament information, [...]
Big Tech’s fast-and-dirty employment honeymoon is over as Amazon unionises April 8, 2022 COULD you imagine a better name for someone making their mark out of being the Little Guy than Chris Smalls? It’s a story ready-made for a Netflix series. So it’s curious its success has taken Amazon – the company borne out of peddling cheap books – by surprise. Smalls is the leader of the tech [...]