Search result for Amazon
Rivian and Ford cancel their plans to develop EVs
Auto giant Ford and electric truck maker Rivian announced that they have canceled plans to jointly develop an electric vehicle. In 2019, Ford had invested $500 million in the start-up and they made plans to collaborate. Whereas, now Ford will be maintaining its stake in the company.
Amazon Web Services sign a deal with UK, to host their classified information
Britain's spy agencies have asked Amazon Web Services to host classified material in a deal, this deal is aiming to enhance the use of data analytics and artificial intelligence.
Highlights
- UK has signed a deal with Amazon Web Services
- B...
Amazon and IKEA have committed to use zero-carbon marine fuels to speed up decarbonization
Amazon.com Inc and IKEA are commercial users of container shipping. Both these companies have decided to opt for zero-carbon marine fuels by 2040. This new initiative is aiming to speed up decarbonization in the maritime sector.
Highlights
- Amazon...
Microsoft's Windows 11 is now available in India for download
Highlights
- Windows 11 is available for download in India
- New models of HP and Asus will have pre-installed Windows 11
Windows 11 is now officially available for download in India. The new Windows operating system will come preloaded ...
White House to conduct forum on quantum technology, Amazon and Google expected to attend the forum
Highlights
- Amazon, Microsoft and Google to attend conference at the White House
- This conference will discuss applications of quantum computing
Amazon, Microsoft and Google to attend conference on Tuesday organized by the Biden a...
US CPSC DRAGS AMAZON TO COURT, ASKS TO RECALL HAZARDOUS PRODUCTS
Highlights
• As per the CPSC, these hazardous products are inclusive of 24,000 carbon monoxide detectors, around 400,000 hair dryers and inflammable children's sleepwear garments
A complaint was filed against Amazon by the US regulator asking it to recall several haza...
AMAZON SLAPPED WITH AN ANTITRUST LAWSUIT IN THE UNITED STATES
Highlights
• This is not the first instance when the Jeff Bezos-led company has been accused of dominating the market
• The attorney general for the District of Columbia, Karl Racine said “Amazon has used its dominant position in the online retail market to win...
AMAZON CLOSES A CONSTRUCTION SITE IN WINDSOR, AFTER DISCOVERING 7 NOOSES
Highlights
• Despite discovering those six nooses, Amazon kept construction on until the seventh noose was discovered on Wednesday afternoon
The world’s biggest e-commerce company Amazon Inc. has decided to close a construction site in Windsor, Connecticut, after se...
UNITED KINGDOM: AMAZON TO CREATE OVER 10,000 NEW JOBS IN 2021
Highlights:
- Amazon is going to create more than 10,000 new jobs in the United Kingdom in 2021
- The company is going to open new operations in Hinckley, Swindon, Dartford, Gateshead and Doncaster in 2021
The online retail giant Amazon ...
UK’S SUPERMARKETS WARN BARZIL OVER THE AMAZON LAND BILL
Highlights:
- Supermarkets of United Kingdom has warned Brazil over the Amazon land bill
- An open letter has been calling on the legislature of Brazil to reject a bill that can legalise the private occupation of the public land
Around 4...
AMAZON TO LAUNCH A HIGH-TECH HAIR SALON IN UNITED KINGDOM
Highlights:
- Amazon is going to open a high-tech hair salon in the United Kingdom
- Due to the covid-19 protocol, the salon is going to maintain reduced capacity and employees will check the temperatures of the guests
The biggest online...
US HOUSE COMMITTEE FORMALLY APPROVES REPORT ACCUSING BIG TECH FIRMS BUYING SMALLER COMPANIES
Highlights
• Thanks to this approval, which came with 24-17 vote that split along party lines, this report with over 400 pages will be becoming an official committee report
• The first bill regarding this takedown has already been introduced in the month of March by ...
AMAZON ONLINE INDIA WAS BIGGEST E-SHOPPING ADVERTISER IN 2020
HIGHLIGHTS
- In the online shopping category of E-commerce, Amazon Online India was the biggest advertiser in 2020.
- Compared to 2019, ad volumes of online shopping (mostly Amazon) on TV grew by 5% in 2020.
As per a Television Audience ...
AMAZON ADMITS TO DRIVERS URINATING IN BOTTLES, APOLOGISES TO US REPRESENTATIVE POCAN
Highlights
• This admission from the e-commerce company came a week after US Representative Mark Pocan had criticised it’s working conditions in tweet
• Pocan had said “Paying workers $15/hr doesn’t make you a ‘progressive workplace' when ...
MICROSOFT SECURES US ARMY CONTRACT WORTH $21.9 BILLION
Highlights
• Talking to the Reuters, a Microsoft spokesman said this contract is apparently worth up to $21.88 billion over the period of 10 years
• On the other hand, a Microsoft spokesman said the headsets will be manufactured in the United States
• ...
US FDA GRANTS EMERGENCY USE AUTHORISATION TO AMAZON'S COVID-19 TEST KIT
Highlights
• Amazon is now planning to use the real-time RT-PCR Test for detecting SARS-CoV-2. This is also part of it's overall preparedness and response programme
• “Amazon real-time RT-PCR test for detecting SARS-CoV-2 will be performed at laboratories d...
US JURY DIRECTS APPLE TO PAY FINE WORTH $308.5 MILLION FOR INFRINGING A PATENT
Highlights
• Tech giant Apple Inc must pay about $308.5 million to Personalized Media Communications LLC (PMC) over charges of infringing a patent said a federal jury
• In the year 2015, PMC LLC has dragged Apple to the court over alleging iTunes service had infringe...
NON-US VENDORS NOW ALLOWED ON WALMART’S MARKETPLACE: REPORT
Highlights
• This decision has been taken by the US retail giant in order to expand its marketplace to non-US vendors
• The report further said allowing foreign vendors will enable Walmart to compete with e-commerce giant Amazon and access China’s vast network ...
JAPAN POST INVEST 8% STAKE IN RAKUTEN FOR PARTNERSHIP IN DELIVERIES
Highlights –
- Japan Post invest 8% stake in Rakuten for partnership in deliveries.
- The news leads Rakuten shares to shoot up 8.6% in Friday trading.
- The country’s post office will gain technology advice and personnel from Rakuten...
NEW CRYPTO PLATFORM ECO, OFFERS REWARDS FOR SAVINGS & SPENDINGS
Highlights:
• Eco is a crypto start-up
• The platform aims to be better than banks, credit cards and checking accounts put ...