News | Amazon - Page 2

February 02, 2024

Tech

Zuckerberg wins on Wall Street after Washington hit

Mark Zuckerberg's Meta had a bad day in Washington this week. But on Wall Street, it took a victory lap.

By Editors Desk

January 29, 2024

Business

Amazon calls off its $1.7 billion purchase of iRobot amid antitrust challenges

The companies abandoned the deal amid rising global challenges to tech mergers

By Editors Desk

The companies cited challenges to gaining regulatory approval in the European Union. PHOTO: JUSTIN SULLIVAN/GETTY IMAGES

January 18, 2024

National Security

Inside Biden’s secret surveillance court

In a deal to let companies keep trading transatlantic data, the White House built an opaque new forum that could affect national security and privacy rights — without any public paper trail.

The global importance of data is large and growing: It facilitates up to $1 trillion in trade between the U.S. and the EU alone, but is governed by legal regimes that differ sharply across borders. | Oli Scarff/AFP via Getty Images

January 10, 2024

Business

Amazon to lay off hundreds from Twitch and Prime Video

Internal note says company has ‘identified opportunities to reduce or discontinue investments in certain areas’ amid wave of layoffs

By Editors Desk

Amazon has spent aggressively in recent years to bolster its media business. Photograph: Patrick Semansky/AP

December 27, 2023

Media & TV

Amazon Prime Video streaming content to include ‘limited advertisements’

Customers will be given option to pay more for ad-free service in UK, Germany and US from early next year

By Editors Desk

Amazon Prime Video subscribers will begin to see ads in streaming content unless they pay extra for their monthly package. Photograph: Omar Marques/Sopa Images/Shutterstock

November 08, 2023

Tech

Amazon to Offer Lower-Cost Primary Care to Prime Members in Latest Healthcare Push

.Company to charge Prime customers $99 a year for annual access to One Medical, its newly acquired primary-care service.

By Editors Desk

One Medical offers virtual primary-care services and has dozens of medical offices throughout the U.S. PHOTO: JUSTIN SULLIVAN/GETTY IMAGES

October 29, 2023

Business

Meghan Markle reportedly on cusp of signing ‘multimillion-dollar deal’ with US company

Reports are swirling Meghan Markle is on the cusp of signing a lucrative contract with one of the biggest companies in the US.

By Editors Desk

Meghan and Harry’s Spotify deal came to a controversial end in June. Picture: Chris Jackson/Getty Images for the Invictus Games Foundation

October 05, 2023

Business

The F.T.C. Finally Takes On Amazon

The government has filed a long-awaited antitrust suit against the company, which controls a sweeping share of the U.S.’s online-shopping market. What will it accomplish?

By Editors Desk

Battling Big Tech has the potential to alienate voters who see Amazon as a source of not just life-changing convenience but also jobs.Photograph by Gabby Jones / Bloomberg / Getty

September 26, 2023

Business

FTC Sues Amazon in Landmark Antitrust Case Over Marketplace

Suit alleges Amazon is a monopolist that stifles competition
Case marks career-defining moment for FTC Chair Lina Khan

By Editors Desk

The suit is the fourth the agency has filed this year targeting Amazon.Photographer: Denis Charlet/AFP/Getty Images

September 15, 2023

Tech

Bizarre AI-generated products are in stores. Here’s how to avoid them.

AI-generated coloring books, plant guides and home goods are filling online stores as sellers try to make a quick buck

By Editors Desk

September 07, 2023

Media & TV

Nielsen Won’t Incorporate Amazon’s Data on ‘Thursday Night Football’ Viewership

Reversal comes as blow to Amazon and NFL, which lobbied aggressively to include the data

By Editors Desk

Amazon wanted its data included because its own research showed viewership was nearly 18% higher for ‘Thursday Night Football’ last season than Nielsen’s own numbers. PHOTO: MATT SLOCUM/ASSOCIATED PRESS

August 29, 2023

Society

Amazon CEO’s brutal WFH warning

Amazon’s CEO has issued a stark warning to remote employees, saying: “It’s probably not going to work out for you”.

By Editors Desk

“It’s past the time to disagree and commit,” Andy Jassy said. Picture: Kevin Winter/Getty Images

August 17, 2023

Entertainment

WGA West Calls For Government Regulation Of “Anti-Competitive Practices” Of Disney, Amazon & Netflix

See the full report here.

By Editors Desk

July 12, 2023

Business

F.T.C.’s Court Loss Raises Fresh Questions About Its Chair’s Strategy

Lina Khan says a fear of defeat should not deter the agency from suing Big Tech. But after Microsoft won a ruling, her critics say that strategy is flawed.

By Editors Desk

Lina Khan has argued that even legal defeats could result in tougher antitrust enforcement, but recent rulings have emboldened her critics.Credit...Anna Moneymaker/Getty Images

June 21, 2023

Business

Amazon ‘tricked and trapped’ customers with Prime service, FTC claims

US regulator goes after ecommerce giant in its latest lawsuit against Big Tech

By Editors Desk

May 31, 2023

Business

Amazon to pay over $30 million for Ring and Alexa privacy violations

Hackers disproportionately targeted cameras that the company advertises for indoor use.

By Editors Desk

A Ring doorbell device in Silver Spring, Maryland, in August 2019. Photo: Chip Somodevilla/Getty Images

May 22, 2023

Lifestyle

Billionaire engaged to former mistress

Amazon founder Jeff Bezos is planning to marry his girlfriend, four years after their affair was exposed during his messy divorce hearing.

By Editors Desk

The couple were recently spotted enjoying their holiday on their mega boat. Picture: Cobra Dunes / Backgrid

January 19, 2023

Tech

Apple Resurrects the Full-Size HomePod With a $299 Price Tag

The speaker has room-sensing technology and sensors that listen for smoke and carbon-monoxide alarms.

By Editors Desk

The HomePod can sense temperatures and close blinds when a certain temperature is reached in a room. PHOTO: APPLE

January 05, 2023

Tech

Amazon to cut 18,000 jobs as tech layoffs grow

The tech giant said it would tell some employees affected by the cuts beginning Jan. 18, while Salesforce announced Wednesday it will cut 10 percent of its workforce

By Editors Desk

Salesforce is headquartered in San Francisco. (David Paul Morris/Bloomberg News)

January 05, 2023

Tech

Amazon CEO says job cuts to exceed 18,000 roles

The company began letting staff go in November from its devices division, with a source telling Reuters at the time it was targeting around 10,000 cuts.

By Editors Desk

Amazon is shutting down its fledgling health care service, Amazon Care, at the end of this year. Shown is an Amazon facility in Sunnyvale, California. (photo credit: DREAMSTIME/TNS)