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Page 41 - Amazon

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

EU proposes reforming customs to target online sellers like Amazon, Alibaba

The European Commission's proposal would introduce data-driven systems, streamlining reporting requirements for traders by reducing the time needed to complete import procedures

EU proposes reforming customs to target online sellers like Amazon, Alibaba
Updated On : 17 May 2023 | 7:15 PM IST

Black+Decker announces licencing agreement with Indkal Technologies

Indkal's new collection of Black+Decker products will be available on amazon.in and flipkart.com, and in-store channels on June 3

Black+Decker announces licencing agreement with Indkal Technologies
Updated On : 17 May 2023 | 9:15 PM IST

With growing user base, ONDC can start a price-war in ecomm market: Report

However, the new e-commerce platform has a long way to go before it can match the technological and service capabilities of companies like Amazon, Flipkart, Swiggy, Zomato, and others

With growing user base, ONDC can start a price-war in ecomm market: Report
Updated On : 16 May 2023 | 10:54 PM IST

Hike in Amazon seller fee likely to reduce discounts for customers

Other e-comm players such as Flipkart, JioMart, and BigBasket may follow suit

Hike in Amazon seller fee likely to reduce discounts for customers
Updated On : 16 May 2023 | 9:16 PM IST

Lava Agni 2 5G with MediaTek Dimensity 7050, 4700mAh battery launched

Priced at Rs 21,999, the smartphone will be available from May 24 on Amazon India. The company offers a flat discount of Rs 2,000 on all major credit and debit cards

Lava Agni 2 5G with MediaTek Dimensity 7050, 4700mAh battery launched
Updated On : 16 May 2023 | 4:10 PM IST

Shopping from Amazon may get costlier as platform hikes seller commission

The move comes as the platform, like other tech companies, seeks to conserve cash and expand revenue channels in the midst of a global slowdown

Shopping from Amazon may get costlier as platform hikes seller commission
Updated On : 16 May 2023 | 9:18 AM IST

Amazon's venture fund leads Rs 110 crore in Indian innerwear maker XYXX

XYXX, a leading men's premium innerwear and lifestyle brand would use the funding to expand its business

Amazon's venture fund leads Rs 110 crore in Indian innerwear maker XYXX
Updated On : 15 May 2023 | 8:07 PM IST