E-commerce company Amazon has launched its last-mile fleet programme in India with 100 per cent electric vehicles, under which it will provide its delivery service providers with access to customized EVs suitable for last-mile deliveries. In the initial phase of the programme, the company has introduced Mahindra Zor Grand three-wheeler EVs, each equipped with specialised enhancements for Amazon's last-mile deliveries. The programme will help more than 300 delivery service partners (DSPs) to make customer deliveries with zero tailpipe emissions, the company said. "Amazon's fleet programme is launching for the first time with entirely custom-designed EVs in India, making it convenient for DSPs to access safe, high-quality zero-emission vehicles for last mile deliveries," Amazon said in a statement. The all-electric fleet programme in India provides DSPs with access to customized EVs suitable for last-mile deliveries, with maintenance, charging, and parking also provided, the statemen
Flexi payment plans, iPads, and Amazon vouchers on offer for festival buyers
The FTC alleges that Amazon's increased use of ads boosts profits while it harms sellers and consumers, making it harder for shoppers to find products they are searching for
Amazon and Meta settled separate UK antitrust investigations by agreeing to stop practices that give them an unfair advantage over merchants and customers using their platforms, the watchdog said Friday. The Competition and Markets Authority said it accepted the commitments from the US tech companies to close the investigations into their online marketplaces. The watchdog had been investigating whether Amazon was harming competition and hurting consumers by giving preference to merchants paying for extras like storage, packaging and delivery. It also looked into how Amazon chooses suppliers for the so-called buy box, which shows customers one-click buy now or add to basket options and the collection and use of data. The CMA said Amazon will no longer be able to use data from third-party sellers to give itself an edge. Sellers can negotiate their own delivery rates with independent delivery services and they'll get a fair shot at the buy box, it said. Amazon welcomed the deal, sayi
Distributors not happy with damage claims policy
Companies providing video streaming services or streaming devices enjoy "huge benefits" from Nokia's research which in turn needs to be compensated accordingly, Patel said
The suits were filed in the US, Germany, India, the UK, and the European Unified Patent Court, Arvin Patel, Nokia's Chief Licensing Officer said in a statement on the company's website
E-commerce and cloud company Amazon has surpassed 1.1 gigawatts of renewable energy capacity in India with an addition of its new 198-megawatt wind farm project in Osmanabad, Maharashtra, the company said on Tuesday. With this, the company now has 50 wind and solar projects across India. The announced addition of "a new 198 megawatt (MW) wind farm in Osmanabad, Maharashtra, bringing the company to 50 wind and solar projects across India and surpassing 1.1 gigawatts (GW) of renewable energy capacity." The company said that in addition to being the largest corporate buyer of renewable energy globally -- a position that Amazon has held since 2020 -- Amazon has also become the largest corporate buyer of renewable energy in India. "Amazon's wind and solar projects will help power all our operations with 100 per cent renewable energy by 2025, while also bringing jobs and economic benefits to India's communities. "We're eager to continue contributing to India's economic and environmental
Amazon shares have rallied about 40% this year, but they have lost nearly 8% in the past two days after Alphabet warned that cloud customers were curbing spending
Core inflation which excludes volatile food and energy components rose 0.3%, meeting estimates
The new national study, published Wednesday by the University of Illinois Chicago's Center for Urban Economic Development, found that 69% of workers surveyed stayed home without pay to recover
Amazon is rolling out an independent cloud for Europe as it looks to address strict regulations that companies and those in the public sector face in the European Union. Amazon Web Services said on Wednesday that its AWS European Sovereign Cloud, which will be located in and operate out of Europe, will have the same security, availability, and performance as existing AWS regions but will be separate from them. The cloud will let customers keep all metadata they create in the European Union and will have its own billing and usage metering systems. The AWS European Sovereign Cloud reinforces our commitment to offering AWS customers the most advanced set of sovereignty controls, privacy safeguards, and security features available in the cloud, Max Peterson, vice president of Sovereign Cloud at AWS, said in a written statement. Transatlantic data protection has been a growing concern since the European Union's top court struck down a data sharing agreement in 2020 known as Privacy ...
In August, the Digital Services Act (DSA) imposed new rules on content moderation, user privacy and transparency for platforms and search engines labelled as very large online platforms
The commission estimates it needs $47.7 mn to enforce Digital Services Act this year. Very large online platforms required to divvy up those costs based on the number of users they have
Amazon will soon make prescription drugs fall from the sky when the e-commerce giant becomes the latest company to test drone deliveries for medications. The company said Wednesday that customers in College Station, Texas, can now get prescriptions delivered by a drone within an hour of placing their order. The drone, programed to fly from a delivery center with a secure pharmacy, will travel to the customer's address, descend to a height of about four meters or 13 feet and drop a padded package. Amazon says customers will be able to choose from more than 500 medications, a list that includes common treatments for conditions like the flu or pneumonia, but not controlled substances. The company's Prime Air division began testing drone deliveries of common household items last December in College Station and Lockeford, California. Amazon spokesperson Jessica Bardoulas said the company has made thousands of deliveries since launching the service, and is expanding it to include ...
Some of the most used platforms for travel and online shopping said Tuesday they're going to team up to battle fake reviews. Amazon, reviews site Glassdoor and Trustpilot as well as travel companies Expedia Group, Booking.com and Tripadvisor said in an announcement they're launching a coalition that aims to protect access to trustworthy consumer reviews" worldwide. The companies said the members of the group, which will be called Coalition for Trusted Reviews, will look for best practices for hosting online reviews and share methods on how to detect fake ones. That will include developing standards for what constitutes a fake review and sharing information about how bad actors operate. Phony reviews have long plagued online marketplaces despite their efforts to eradicate it. Much of the problem is fueled by brokers who solicit fake customer reviews through social media platforms, encrypted messaging apps and other channels in exchange for money, free items or other benefits. Broke
Among the top 25, NVIDIA added another $19 billion to its market value in the third quarter, despite a modest 1.86 per cent growth
The hydrogen hub awards, which were funded in 2021's bipartisan infrastructure law, mark the culmination of a furious race between states
The Amazon Great Indian Festival sale is still on, and people are getting the best deals from this sale. Here are the best deals available on great Indian sales, check the list
Analysts see the strategy echoing what the firm achieved with its cloud business, when it built Amazon Web Services to serve its own needs before opening the platform to third-party merchants