Page 50 - Amazon

Google, Microsoft, TI announce disappointing results; tech stocks tumble

Google parent Alphabet Inc. fell as much as 7.4% after third-quarter revenue came in below expectations, while software giant Microsoft Corp. lost 8.1% following a disappointing revenue forecast

Amazon signs deal to use Hawaiian Airlines to operate 10 cargo planes

Hawaiian Airlines will operate 10 cargo planes for Amazon.com starting next fall under a deal that could eventually involve more planes and give Amazon a 15% stake in the airline. The airline's parent company, Hawaiian Holdings Inc., said Friday that it will fly and maintain an initial fleet of 10 leased Airbus A330-300 jets for the retail giant. The fleet could grow depending on Amazon's future business needs, the company said. Hawaiian said it issued warrants that Amazon can exercise over the next nine years and acquire up to 15% of Hawaiian stock. Shares of Hawaiian Holdings jumped 13% in afternoon trading on Friday. When travel plunged and consumer spending spiked early in the pandemic, airlines began carrying more cargo and demand for freighter planes grew. More recently, the cargo business has cooled off as consumer spending shifted away from goods toward services including travel, and airlines have been stuck with excess cargo capacity. Global demand for cargo fell 8.3% in

Economy lightens up on festive season demand as shoppers back in force

Online marketplaces Amazon.com Inc., and Walmart Inc.-owned Flipkart saw sales jump 27% from a year ago to $5.7 billion during the festival season's first sale between Sept. 22-30

Amazon faces $1 billion class action lawsuit in UK over Buy Box feature

Amazon is facing a USD 1 billion class action lawsuit in the U.K. over allegations it uses an algorithm to favour its own products and those of third-party sellers who use its storage and delivery services. The litigation is being spearheaded by the law firm Hausfeld & Co LLP, which said in a news release that anyone who lives in the U.K. and made purchases on Amazon since October 2016 is eligible to be a claimant. The suit is expected to be filed at the Competition Appeal Tribunal in London by the end of October. The lawsuit will focus primarily on Amazon's Buy Box feature, a coveted spot that makes items more visible to shoppers and thereby lead to more sales for merchants listed there. The box features a product from a single seller, though many more might offer the same item. In the news release, the law firm detailed it will allege many users wrongly assume the buy box offers them the best deals, but Amazon uses a secretive algorithm to feature its own products or those sold .

Great Indian Festival turning out to be Amazon's biggest-ever event: Tiwary

'Over 4.75 lakh MSMEs benefited from the Amazon Business platform during the festival'

Amazon witnesses biggest ever festive sale in India, says top exec

More than 80 per cent of the new customers came from smaller towns for the e-commerce giant's month-long festive sale event Great India Festival which would end on October 23

Amazon Extra Happiness Days sale: Check out deals on top 5G smartphones

Amazon has kicked off its Extra Happiness Days sale in which the e-commerce platform is offering discounts, bank offers, instant cashback, and deals on select smartphones

Amazon to invest over 1 bn Euros to electrify delivery fleet in Europe

E-commerce giant Amazon has announced that it will invest more than one billion euros to further electrify its transportation fleet across Europe over the next five years

Meesho surpasses Amazon in festive order volumes, Flipkart leads the market

E-commerce firms such as Amazon, Flipkart, Meesho, Reliance's JioMart and Tata Group have been running various parallel sale events

Apple iPhone 14 Plus now available for purchase in India: Specs, offers

On Apple iPhone 14 Plus, Apple is offering Rs 5,000 cashback on HDFC Bank credit and debit cards, and no cost EMI up to 6 months

Realme announces festive days sale, discount on smartphones, laptops, IoT

Realme Festive Days sale is live on its website, Flipkart, Amazon and mainline channels. Here are the details

Amazon discontinues video calling and gaming device Glow for Kids

E-commerce giant Amazon has discontinued its video calling and gaming device called Glow for kids. The device for kids in age group 3-9 is not available on Amazon's website anymore

Amazon sues Washington's labour agency for fines over alleged hazards

Amazon has sued Washington state's labour agency following disputes with regulators over citations and fines imposed on the company for worker safety issues. In the lawsuit, filed on Monday in federal court for the Western District of Washington, Amazon asked a judge to prohibit orders from the Washington Department of Labor and Industries to remedy any types of workplace hazards during the company's pending appeal over the citations. Amazon argued in the lawsuit the agency has not proven any of its allegations, and requiring companies like it to remedy alleged hazards before that happens violates the due process protections under the 14th Amendment. Matt Ross, a spokesperson for the agency, said the department is aware of the lawsuit and will review it along with the state's attorney general's office. The agency had said in March it inspected an Amazon warehouse in Kent, Washington, and found workplace processes that create a serious hazard for work-related back, shoulder, wrist,

Amazon boasts of 25% increase in British marketplace sellers in 2021

The number of small and medium-sized British businesses selling over Amazon.com Inc.'s marketplace soared by more than 25% in 2021, faster than in Germany, France or Italy.

Botched deliveries take toll on Amazon and Flipkart festival sales

The exact number of orders gone wrong is a number that will not be disclosed by the companies

Google Pixel Watch was available for pre-order on Amazon briefly: Report

Tech giant Google's upcoming Pixel Watch was reportedly briefly up for pre-order on Amazon, revealing bands and Fitbit Premium perk

Amazon launches live video and interactive shopping experience in India

Over 2 million customers have walked into their nearest Amazon Easy store and availed assisted shopping on Amazon.in

Amazon India rolls out live-stream shopping to drive festive season sales

Live-stream shopping events are hugely popular in China, with those on Alibaba Group Holding's Taobao and Bytedance's Douyin driving millions of dollars in sales

Microsoft rolls out Windows 11 2022 update: What is new and how to get it

More updates are coming to Windows 11 next month, including an updated photo management app to simplify browsing, finding, management and consumption of photos

Amazon introduces Fire TV Cube (third-gen), Alexa Voice Remote Pro in India

Priced at Rs 13,999, the Amazon Fire TV Cube is coming soon to India. The Alexa Voice Remote Pro, priced at Rs 2,499, is now available for pre-order on Amazon India