BBC gets borrowing boost to compete with Netflix and Amazon Prime October 28, 2021 The BBC has been given a £400m borrowing boost by the government as it tries to keep up with the streaming giants.
Italy slaps Amazon with €1.1bn fine for abusing market dominance December 9, 2021 Italy’s competitions watchdog has slapped Amazon with a €1.13bn (£965m) fine for harming rival e-commerce logistics services.
Major Amazon Web Services outage hits Prime Video, Netflix and Disney+ December 7, 2021 Amazon and services including Prime Video and Alexa have been hit by network outages affecting thousands of users.
Amazon enters London bus market as it starts running four lines November 12, 2021 Amazon has entered the London bus market, providing services for employees and contractors. The e-commerce giant has four routes – which are run by contracted operators – to connect London to the outskirts where most of its warehouses are located, according to a MyLondon report. Unlike TfL buses that are red, have the logo and [...]
Tech giants Alphabet, Meta and Amazon control half of ads outside China December 6, 2021 New data has revealed just how heavily Alphabet's Google, Meta and Amazon dominate advertising.
Amazon plans to open department stores in US August 19, 2021 Amazon plans to open department stores in the U.S. allowing the trillion dollar tech company to expand its physical presence in retail. The company’s flagship retail stores are expected to be located in Ohio and California, an insider told The Wall Street Journal. The new spaces will offer customers access to household goods, clothing and [...]
Amazon to recruit additional 125,000 US workers September 14, 2021 Amazon has announced plans to recruit an additional 125,000 workers in the US. The ecommerce giant has also increased its average starting wage to more than $18 an hour. Workers in some locations will receive signing bonuses of $3,000, triple what the company was offering four months ago. Amazon will maintain its $15 an hour [...]
Space race: Amazon seeks approval for 4,538 new satellites November 5, 2021 Amazon owned Kuiper has filed an application to launch 4,538 satellites into space as competition with Elon Musk’s SpaceX heats up. Both Bezos’ Kuiper and Musk’s SpaceX have filed applications to the FCC to allow the companies to build satellite fleets in low-Earth orbit as the tech giants line up to provide tens of millions [...]
Amazon will pay college tuition fees for US staff September 10, 2021 Tech giant Amazon has offered to pay $1.2bn in tuition fees for 750,000 eligible employees as staff shortages continue to bite. In a statement published today, the company said that workers would be eligible for fully funded college tuition including costs for classes, books and fees. Employees who have worked at the company for as [...]
Amazon to face UK protests on Black Friday while strikes planned in Europe November 25, 2021 UK Amazon workers and campaign groups are among those planning to protest against the tech firm’s treatment of workers on Black Friday, with strikes planned in other countries. Amazon employees in the US and several EU countries are planning to take action on one of the tech firm’s busiest days of the year. The action [...]