Amazon Prime Video pens long-term deal with Shepperton Studios cementing confidence in UK production February 9, 2022 The strength of UK production got another vote of confidence today with Prime Video announcing a landmark multimillion-pound long-term contract with Shepperton Studios for exclusive use of new facilities at the Surrey studios for future original TV series and movie productions. The new facilities will comprise nine sound stages, workshops and office accommodation, totalling approximately [...]
Italy’s antitrust authority issues whopping €200m fine to Amazon and Apple November 23, 2021 Italy's antitrust authority has fined Amazon and Apple more than €200m (£168m) in the latest sign that the EU is cracking down on big tech.
Amazon expected to weather the supply chain storm with third-quarter results October 28, 2021 Amazon is expected to report strong results this evening, as the company shows its gearing up for Christmas with over 300,000 new global roles, including seasonal hires and corporate workers. Analysts suggest the online retailer will to post quarterly earnings of $8.72 per share in its upcoming report, which represents a year-over-year change of -29.5%. [...]
In a world of open banking, Amazon holds all the cards in the face off with Visa November 23, 2021 From January 2022, Amazon will no longer accept Visa credit cards. This is a significant move in a landscape of ever-increasing competition for payments, a growing number of incentives for a move away from credit cards and the potential to bypass traditional payments altogether. Whether or not it was a negotiation tactic to put Visa [...]
Hundreds of thousands of Brits receive mystery Amazon parcels in ‘brushing’ scam October 28, 2021 A scam known as “brushing” may have impacted up to 1m UK households after they received mystery Amazon parcels designed to boost the rankings of third party sellers. Consumer group Which? said it was concerned at the numbers of households reporting receiving a mystery Amazon package at their home address that they did not order [...]
Visa chief exec calls out ‘inaccurate’ Amazon high fee claims November 20, 2021 Visa's chief executive has hit back at Amazon's dramatic decision to block UK Visa credit cards, according to reports.
Amazon offers ‘options’ to truck marshals facing pay cuts September 29, 2021 Online giant Amazon has said it is offering “a number of options” to truck marshalls who face a pay cut of almost a quarter at its delivery stations. The role involves people managing hundreds of trucks and drivers at the online retailer’s delivery stations and warehouses. Two marshals told Business Insider they were told this [...]
Amazon confirms it will block UK Visa credit cards from 19 January November 17, 2021 Amazon will stop accepting payments made using Visa Inc credit cards issued in the United Kingdom starting next year.
Amazon and Nike eye Peloton bids after valuation plunges from $50bn to $8bn February 5, 2022 Amazon and Nike are reportedly mulling separate bids for Peloton, after calls from an activist investor to sell off the exercise equipment giant. After riding the pandemic high to an eyewatering $50bn valuation 12 months ago, Peloton has backpedalled to a humbler $8bn capitalisation. Activist investor Blackwells Capital, which owns a little under five per [...]
Sally Rooney and Kazuo Ishiguro among the most sold books of 2021, Amazon reveals December 14, 2021 Sally Rooney’s new novel ‘Beautiful World, Where Are You’ and Kazuo Ishiguro’s ‘Klara and the Sun’ feature among the 10 most sold books of 2021. According to an analysis carried out by Amazon, Rooney and Ishiguro feature alongside 2020 award-winning books such as Delia Owen’s ‘Where the Crawdads Sing’ as well as Matt Haig’s ‘The [...]