Page 30 - Amazon

Amazon Great Indian Festival has been the biggest ever in history: Tiwary

Amazon India gave customers access to more than 5,000 new launches from top brands

At 1.1 bn, Amazon records highest ever visits in Great Indian Festival 2023

Great Indian Festival 2023: The e-commerce giant also said that in the premium segment, it sold 2.5X more smartphones as compared to last year

Amazon's products may soon be delivered in recyclable paper packing

Amazon has designed a new machine that makes recyclable, made-to-fit paper packages for products

Hollywood actors' strike over as union reaches tentative deal with studios

Hollywood's actors union reached a tentative deal with studios Wednesday to end its strike, bringing a close to months of labor strife that ground the entertainment industry to a historic halt. The three-year contract agreement must be approved by votes from the union's board and its members in the coming days, but the leadership declared that the strike will end at 12:01 a.m. on Thursday. At nearly four months, it was by far the longest strike ever for film and television actors. More than 60,000 members of the Screen Actors Guild-American Federation of Television and Radio Performers went on strike July 14, joining screenwriters who had walked off the job more than two months earlier. It was the first time the two unions had been on strike together since 1960. Studios chose to negotiate with the writers first, striking a deal that their leadership marked as a major win and bringing their strike to an end on Sept. 26. The terms of the agreement were not immediately released. ...

Indian exporters on Amazon Global Selling gear up for holiday season

Indian businesses exporting through the Amazon Global Selling program are on track to surpass $8 billion in cumulative exports by the end of 2023

Amazon slashes subscription fee for exporters by 99% to $1 for 1st 3 months

E-commerce company Amazon has slashed subscription fees for new exporters to USD 1 from USD 120 per month for the first three months of onboarding the platform, the company said on Wednesday. Amazon will start the annual Black Friday and Cyber Monday (BFCM) sale event between November 17 and 27, 2023 on its global website where it will list products from Indian exporters. "To enable more businesses to leverage e-commerce exports and sell globally during the upcoming holiday season, Amazon has slashed the subscription fee for Indian exporters joining its global selling program for the first three months from USD 120 (39.99 per month) to just USD 1. This limited time offer is available to exporters joining this program on or before March 31, 2024," the company said in a statement. In the recently concluded Prime Big Deal Days Sale on October 10 and 11, 2023, Indian exporters on Amazon Global Selling saw their business grow nearly 70 per cent year-on-year (YoY) and 170 per cent compare

Amazon launches programme for deliveries via electric vehicles in India

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

Realtors gear up for firecracker Diwali, offers slew of attractive schemes

Flexi payment plans, iPads, and Amazon vouchers on offer for festival buyers

Amazon boosted junk ads, deleted messages to thwart antitrust probe: US FTC

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, Meta settle UK probe with pledges to refrain from unfair practices

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

Reckitt Benckiser India, distributors at loggerheads over incentives

Distributors not happy with damage claims policy

Nokia sues Amazon from US to India over 'unauthorised' streaming patents

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

Nokia sues Amazon from US to India over streaming-tech patents infringement

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

Amazon surpasses 1.1 gigawatts of renewable energy capacity in India

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 rallies on cloud recovery as it chases Microsoft for AI business

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

Nasdaq, S&P 500 edge higher as Amazon, Intel lift beaten-down megacaps

Core inflation which excludes volatile food and energy components rose 0.3%, meeting estimates

Amazon warehouse workers' injuries more widespread than thought: Study

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 rolls out independent cloud for Europe to address privacy standards

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 ...

Amazon discloses 181 mn users in EU in first store transparency report

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

Amazon, X will likely avoid paying bill for enforcing EU's content rules

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