Category: Amazon

Amazon Cloud Shifts Focus on Health, Auto, Telecom to Beat Microsoft, Google

New Amazon.com Inc. cloud chief Adam Selipsky plans to tailor more products to specific sectors like the healthcare, automotive, and telecommunications industries shifting from its broader focus on popular customer solutions, Bloomberg reports. Rivals Microsoft Corp. and Alphabet Inc.’s Google also have been rolling out cloud packages designed for specific sectors. Microsoft offers targeted clouds…


Starbucks Links With Amazon Go for First Cashier-Less Cafe

NEW YORK—Starbucks Corp.’s newest cafe lacks one element most customers are used to seeing: cashiers. The global coffee chain on Thursday opened its first ever location in partnership with Amazon Go, the e-commerce giant’s brick-and-mortar convenience store, where customers can sit at a table with a latte or grab a sandwich from a shelf and…


NTD Business Full Broadcast (Nov. 17)

President Biden asking regulators to investigate whether energy companies are ripping off consumers, as gas prices hit record highs. Amazon will stop taking visa credit cards issued in the UK. It’s part of a years long standoff it has with the company. What does that mean for merchants? and one of the most famous stadiums in sports history…


Amazon to Stop Accepting Payments Using UK-issued Visa Credit Cards From January

Amazon will stop accepting Visa credit cards in the UK from January 19, 2022, the online retail giant has said in an email to UK customers, citing high visa fee charges. “Starting 19 January, 2022, we will unfortunately no longer accept Visa credit cards issued in the UK  due to the high fees Visa charges…


Why Amazon’s Stock Could Soar If This Key Pattern Breaks: A Technical Analysis

Amazon.com Inc. was trading flat on Tuesday after attempting a bullish break immediately after the market opened. The stock has been struggling with heavy psychological and price history resistance at the $3,600 level on multiple occasions after filling a gap between $3,549.99 and $3,580.01 on Nov. 8. The stock has been pressured by the general…


India Court Orders Antitrust Body to Rule on Amazon–Future Dispute Within 2 Weeks

NEW DELHI—An Indian court ruled on Tuesday that the country’s antitrust body has two weeks to decide whether Amazon misled authorities while seeking approval for a 2019 deal with India’s Future Group, a group of Indian retailers said. The Confederation of All India Traders (CAIT) said in a statement it had filed the case to…


Amazon Reaches ‘First-of-Its-Kind’ Settlement With California Over Claims It Concealed COVID Cases

Amazon reached a “first-of-its-kind” settlement with California’s attorney general on Monday over claims it concealed COVID-19 case numbers from workers and local health agencies. The online retail giant left workers “in the dark” and unable to track the spread of COVID-19 throughout the pandemic, while failing to adequately notify warehouse workers and local health agencies of the number…


IBM, Amazon Partner to Extend Reach of Data Tools for Oil Companies

International Business Machines Corp. and Amazon.com Inc.’s Amazon Web Services said on Monday they would work together to extend the reach of a set of tools that oil companies use to manage disparate types of data. Amazon in 2018 worked with Royal Dutch Shell to create a technology to turn data from more than a…


Amazon Worker Group in New York Withdraws Petition for Union Vote

SAN FRANCISCO—A group of Amazon.com Inc. workers in New York City’s Staten Island have withdrawn a petition to hold a union election, marking a setback in a growing push by organized labor to bring the online retailer’s staff into the fold. The group, known as the Amazon Labor Union, which is not affiliated with a…


Amazon Prosecuted for Delivery Van Crash

An Amazon.com Inc. delivery van slammed Tesla Inc. Model S, crushing the car’s rear and sending Ans Rana, his brother, and father, to Wellstar Kennestone Hospital, Bloomberg reports. In June, Rana prosecuted Amazon holding its algorithms, apps, and devices surrounding its logistics responsible for the mishap. Rana’s attorney, Scott Harrison, aims to prove that Amazon…