Amazon, Google face formal fake review inquiry in Britain
Britain’s competition regulator started a formal investigation on Friday into whether Amazon (AMZN.O) and Google (GOOGL.O) may not have done enough to prevent or remove fake reviews.
ProSieben CEO: better off alone but open to merger interest
The chief executive of ProsiebenSat.1 Media (PSMGn.DE) said on Tuesday he was aware of the interest of international media companies in merging with the German broadcaster, and would not close his mind to any reasonable idea.
Amazon wins court fight against $303 mln EU tax order
Amazon (AMZN.O) on Wednesday won its fight against an EU order to pay about 250 million euros ($303 million) in back taxes to Luxembourg as Europe’s second highest court dealt a blow to the bloc’s efforts to make multinational corporations pay more tax.
After nearly doubling profits, Amazon is hoping that pandemic habits will stick
Throughout the first 3 months of 2020, Amazon proceeded to benefit from the existing retail outlet routines, documenting a massive increase in revenue and a doubling of profit margins. From video broadcasting to online grocery, almost every element of the Covid-19 pandemic has boosted the tech behemoth’s profits. The boom is expected to continue in […]
From Amazon to Tata, industry steps up to combat India’s coronavirus crisis
Sachin Ravikumar, Nivedita Bhattacharjee, Chris Thomas Global and Indian firms are flexing their industrial muscle to help the world’s second biggest population battle coronavirus, coming to the rescue of a public health system buckling under the weight of surging infections and deaths. Amazon.com (AMZN.O), Intel (INTC.O) and Google, as well as Indian firms Tata Sons, Reliance Industries (RELI.NS) and JSW […]
Israel picks Amazon’s AWS, Google for flagship cloud project
Israel’s government chose Amazon Web Services (AWS) (AMZN.O) and Google for a more than $1 billion project to provide cloud services for the country’s public sector and military. Amazon and Google beat out Microsoft (MSFT.O), Oracle (ORCL.N) and IBM (IBM.N) in the tender for the four phase project known as “Nimbus”, the Finance Ministry said on Wednesday. They will establish local cloud […]
A surge in the Facebook, Apple, Amazon, Netflix, and Google Stocks Helps NASDAQ gain a 4% rise last week
Stocks of the technology industry have perceived 4% growth in the NASDAQ (the National Association of Securities Dealers Automated Quotations) 100 index. The NASDAQ stock market started its operations as the world’s first electronic stock market in the year 1971.
Brazil must show Amazon protection is working, top donor Norway says
OSLO (Reuters) – Brazil must demonstrate it can reduce the ongoing deforestation in the Amazon before Norway will resume payments in support of preserving the world’s largest rainforest, the Norwegian environment minister told Reuters.
Exclusive: Roughly 500 ballots challenged in Amazon’s landmark union election
(Reuters) – Roughly 500 ballots submitted in Amazon.com Inc’s landmark union election have been challenged in a contest that will determine whether an Alabama warehouse becomes the online retailer’s first organized workplace in the United States, people familiar with the matter said. With about half of roughly 3,200 ballots counted, the election is currently poised […]
GameStop hires Amazon executive as chief growth officer in e-commerce shift
[et_pb_section fb_built=”1″ _builder_version=”3.22″][et_pb_row _builder_version=”3.25″ background_size=”initial” background_position=”top_left” background_repeat=”repeat”][et_pb_column type=”4_4″ _builder_version=”3.25″ custom_padding=”|||” custom_padding__hover=”|||”][et_pb_text _builder_version=”3.27.4″ background_size=”initial” background_position=”top_left” background_repeat=”repeat”] (Reuters) – GameStop Corp said on Tuesday it named Amazon.com Inc executive Elliott Wilke as chief growth officer, the latest top level appointment after shareholder Ryan Cohen took charge of the video game retailer’s e-commerce pivot. The company’s shares, which […]
