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Page 37 - Amazon

Growing beyond years: From 100 to 1.2 mn sellers, Amazon turns 10 in India

Since 2013, when its India e-commerce operations first started, Amazon has invested over $6.5 billion

Growing beyond years: From 100 to 1.2 mn sellers, Amazon turns 10 in India
Updated On : 05 Jun 2023 | 10:05 PM IST

Amazon to waive off seller fee by 10% to celebrate its 10 years in India

Amazon noted in a blog post that the company's goal from the start was to digitise all businesses in order to offer the largest choice of things while leveraging technology

Amazon to waive off seller fee by 10% to celebrate its 10 years in India
Updated On : 05 Jun 2023 | 3:02 PM IST

Amazon in talks with Verizon, others for low-cost mobile services

The discussions, which have been going on for six to eight weeks, have also included AT&T Inc at times, the report said, citing people familiar with the matter

Amazon in talks with Verizon, others for low-cost mobile services
Updated On : 02 Jun 2023 | 7:12 PM IST

Amazon's India, South Asia cloud unit head Puneet Chandok resigns

NEW DELHI (Reuters) -The India and South Asia head of Amazon.com Inc's cloud division, Puneet Chandok, has resigned with effect from August 31, the company said on Friday.

Amazon's India, South Asia cloud unit head Puneet Chandok resigns
Updated On : 02 Jun 2023 | 3:17 PM IST

Hundreds of Amazon employees stage walkout of HQ over return to work policy

Hundreds of Amazon employees staged a walkout at the company's headquarters in Seattle over the company's return-to-work policy and its lack of progress on climate change initiatives

Hundreds of Amazon employees stage walkout of HQ over return to work policy
Updated On : 02 Jun 2023 | 2:30 PM IST

Amazon to pay $31 mn in privacy violation penalties for Alexa, Ring camera

Amazon agreed Wednesday to pay a USD 25 million civil penalty to settle Federal Trade Commission allegations it violated a child privacy law and deceived parents by keeping for years kids' voice and location data recorded by its popular Alexa voice assistant. Separately, the company agreed to pay USD 5.8 million in customer refunds for alleged privacy violations involving its doorbell camera Ring. The Alexa-related action orders Amazon to overhaul its data deletion practices and impose stricter, more transparent privacy measures. It also obliges the tech giant to delete certain data collected by its internet-connected digital assistant, which people use for everything from checking the weather to playing games and queueing up music. Amazon's history of misleading parents, keeping children's recordings indefinitely, and flouting parents' deletion requests violated COPPA (the Child Online Privacy Protection Act) and sacrificed privacy for profits, Samuel Levine, the FCT consumer ...

Amazon to pay $31 mn in privacy violation penalties for Alexa, Ring camera
Updated On : 01 Jun 2023 | 9:57 PM IST

Amazon Ring to pay $5.8 mn over unlawfully accessing consumer videos

California-based Ring, which was purchased by Amazon in February 2018, sells internet-connected, video-enabled home security cameras, doorbells, and related accessories and services

Amazon Ring to pay $5.8 mn over unlawfully accessing consumer videos
Updated On : 01 Jun 2023 | 12:25 PM IST

Amazon fined $25 mn for violating children's privacy law, deceiving parents

Amazon will be required to delete inactive child accounts and certain voice recordings and geolocation information and will be prohibited from using such data to train its algorithms

Amazon fined $25 mn for violating children's privacy law, deceiving parents
Updated On : 01 Jun 2023 | 12:29 PM IST

Amazon now part of India's social fabric: Country Manager Manish Tiwary

'No change in intent to experiment with right framework or interest to invest in India', he says

Amazon now part of India's social fabric: Country Manager Manish Tiwary
Updated On : 01 Jun 2023 | 6:00 AM IST

Amazon workers upset over job cuts, return-to-office mandate stage walkout

A group of Amazon workers upset about recent layoffs, a return-to-office mandate and the company's environmental impact is planning a walkout at the company's Seattle headquarters Wednesday. The lunchtime protest comes a week after Amazon's annual shareholder meeting and a month after a policy took effect requiring workers to return to the office three days per week. We respect our employees' rights to express their opinions, the company said in a statement. As of Tuesday night, more than 1,800 employees had pledged to walk out around the world, with about 870 in Seattle, according to Amazon Employees for Climate Justice, a climate change advocacy group founded by Amazon workers. While some plan to gather at the Amazon Spheres a four-story structure in downtown Seattle that from the outside looks like three connected glass orbs others will participate remotely. Brad Glasser, an Amazon spokesperson, said there has been a good energy on the company's South Lake Union campus and at

Amazon workers upset over job cuts, return-to-office mandate stage walkout
Updated On : 31 May 2023 | 11:28 AM IST

Bezos prepares prenuptial pact with Sanchez to protect his $138 bn fortune

Bezos holds a broad real estate portfolio valued at over $500 million, with properties in Beverly Hills, Manhattan, and Washington DC

Bezos prepares prenuptial pact with Sanchez to protect his $138 bn fortune
Updated On : 30 May 2023 | 6:17 PM IST

Amazon UK trains virtual assistant 'Alexa' to offer advice on periods

When information about periods is requested, Alexa will also answer using information from the UK National Health Service (NHS) website

Amazon UK trains virtual assistant 'Alexa' to offer advice on periods
Updated On : 29 May 2023 | 5:01 PM IST

Amazon announces 5G revolution sale on smartphones: Check deals and offers

Amazon said its Prime customers can unlock special offers and avail no-interest EMI scheme for up to 24 months. The sale is currently live and it will continue till the end of the month, May 31

Amazon announces 5G revolution sale on smartphones: Check deals and offers
Updated On : 29 May 2023 | 2:39 PM IST

Amazon leads $20 mn funding round in children's fashion brand Hopscotch

Start-up says it will use the money for marketing, broaden its selection, get more customers

Amazon leads $20 mn funding round in children's fashion brand Hopscotch
Updated On : 24 May 2023 | 6:42 PM IST

Blackstone bets on Indian data binge, in talks with Microsoft, Amazon

Covid-19 created a shift in data consumption habits with more people working remotely and a spike in the use of social media, streaming platforms and e-commerce.

Blackstone bets on Indian data binge, in talks with Microsoft, Amazon
Updated On : 23 May 2023 | 8:29 PM IST

Brazilian ecologists try new approach against deforestation in the Amazon

In a remote corner of the Amazon, Brazilian ecologists are trying to succeed where a lack of governance has proved disastrous. They're managing a stretch of land in a way that welcomes both local people and scientists to engage in preserving the world's largest tropical forest. The goal is ambitious, counter the forces that have destroyed 10 per cent of the forest in less than four decades and create something that can be replicated in other parts of the Amazon. It began with a four-month expedition along the Juru River in 2016. Researchers visited some 100 communities that at first sight looked similar: rows of wooden homes on stilts along the water. But they were struck by contrasts in the living conditions. To understand what they saw, it's important to know that 29 per cent of the Amazon, an area roughly three times the size of California, is either public land with no special protection, or public land for which no public information exists, according to a study by the Amazon .

Brazilian ecologists try new approach against deforestation in the Amazon
Updated On : 22 May 2023 | 8:07 PM IST

Amazon Fresh enters over 60 Indian cities with expanded list of groceries

The e-commerce firm would offer free shipping, or free delivery on all orders above Rs 249

Amazon Fresh enters over 60 Indian cities with expanded list of groceries
Updated On : 22 May 2023 | 3:31 PM IST

As the race for AI domination intensifies, Apple looks for talent

Apple has posted around a dozen openings on its career page inviting applications from professionals in generative AI

As the race for AI domination intensifies, Apple looks for talent
Updated On : 22 May 2023 | 12:44 PM IST

Has the correlation between the Nifty IT index and the NASDAQ ended?

The gain in NASDAQ thus far in CY23 was largely fueled by Google, Apple, Amazon, Netflix and Meta Platforms - also known as the FAANG stocks.

Has the correlation between the Nifty IT index and the NASDAQ ended?
Updated On : 18 May 2023 | 10:35 AM IST

Amazon to invest $12.7 billion in India cloud infrastructure by 2030

Amazon.com Inc. plans to invest $12.7 billion in cloud infrastructure in India by 2030, joining other global tech giants in betting on growth in the South Asian nation's digital economy

Amazon to invest $12.7 billion in India cloud infrastructure by 2030
Updated On : 18 May 2023 | 9:27 AM IST