amazon
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Amazon loses trademark appeal over ‘targeting’ UK shoppers
AMAZON lost an appeal on Wednesday (Mar 6) against a ruling that it had infringed UK trademarks by targeting British consumers on its US website, in a potentially significant judgment…
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Amazon cancels fees for customers moving to rival cloud services
AMAZON.COM’s cloud services division is halting fees it has long charged customers that switch to a rival provider – following in the steps of Google, which recently announced it was…
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Target To Launch Paid Membership Program, Following Amazon And Walmart’s Lead
Aiming to enhance its revenue streams and bolster weaker sales, retail giant Target disclosed on Tuesday its plans to roll out a paid membership program next month, drawing inspiration from…
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China’s Huawei and Amazon in patent licensing agreement
CHINA’S Huawei Technologies and United States tech giant Amazon said they had signed a multi-year patent licensing deal that resolves litigation between them. Most terms of the deal were not…
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European Parliament bans Amazon lobbyists
AMAZON.COM lobbyists have been banned from the European parliament at the request of the parliament’s employment committee, a spokesperson said on Wednesday (Feb 28), confirming an earlier report by news…
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Why Unified® Says Amazon Sellers Use Them Because Of 1 Reason
* This is a contributed article and this content does not necessarily represent the views of IBTimes. Amazon sellers are continually on the lookout for strategies and platforms that offer…
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Amazon Says Repays $1.9 Mn To Workers In Saudi Over Unlawful Fees
Online retailer Amazon said Friday it had paid $1.9 million to more than 700 contracted workers in Saudi Arabia as reimbursements for unlawful recruitment fees, among other alleged violations. In…
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Amazon to replace Walgreens in Dow Jones Industrial Average
AMAZON is set to join the Dow Jones Industrial Average, replacing Walgreens Boots Alliance effective next week, S&P Dow Jones Indices said on Tuesday. Shares of Amazon rose 1.3 per…
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Jeff Bezos unloads another US$2 billion of Amazon stock in latest sale
JEFF Bezos has unloaded another 12 million shares of Amazon.com valued at US$2 billion, bringing the total sold in the past week to more than US$6 billion. He sold the…
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Jeff Bezos sells US$4 billion of Amazon stock in four trading days
JEFF Bezos did not wait long to start cashing in on Amazon.com’s rally to start the year. Less than two weeks after disclosing a plan to dispose of as many…
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Nvidia market cap threatens Alphabet after overtaking Amazon
NVIDIA was on the verge of overtaking Alphabet as Wall Street’s third most valuable company on Tuesday as the dominant AI chipmaker ended the day with a market capitalisation above…
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Nvidia overtakes Amazon in market value
NVIDIA briefly overtook Amazon.com in market value on Monday (Feb 12), the latest milestone in a stunning rally over the past year fuelled by soaring demand for its chips used…
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Amazon steers consumers to higher-priced items, lawsuit claims
AMAZON.COM was sued in a proposed United States class action accusing the online retailer of violating a consumer protection law by steering hundreds of millions of shoppers to higher-priced items…
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Bezos sells US$2 billion of Amazon shares in first major stock sale since 2021
JEFF Bezos unloaded 12 million shares of Amazon.com this week, the first time the billionaire has sold the company’s stock since 2021. The sales took place on Wednesday (Feb 7)…
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Most Expensive Things On Amazon In 2024: The Pinnacle Of Luxury
For many of us, Amazon is the go-to platform for everything from everyday essentials to specialty items. However, you might be a bit surprised to know that the website also…