Amazon is in talks to purchase of podcast maker Wondery, a startup that could help the tech giant push more into the burgeoning podcast sector, The Wall Street Journal (WSJ) reported Wednesday (Dec. 2). WSJ cited unnamed sources as saying the talks have valued Wondery...
Amazon merchants rang up over $4.8 billion in global sales Black Friday through Cyber Monday, a 60 percent increase over 2019 sales for the same period. More than 71,000 independent small- and medium-sized businesses worldwide have surpassed $100,000 in sales this holiday season to date,...
An Amazon Web Services outage affected the digital presence and operations of dozens of companies Wednesday (Nov 25) as one of the subsystems of the massive web operations platform failed. The support page for Amazon Web Services’ status page said it was experiencing problems with...
Amazon is releasing its second generation of Echo Frames smart glasses to the general public, after offering the Alexa-powered eyeglasses by invitation only last year. The new iteration of Echo Frames will ship Dec. 10 and cost $249.99, Amazon said in a statement on Thursday...
Amazon is upping the ante in its bid to thwart the $3.4 billion acquisition of Future Retail by the U.S. tech company’s major Indian eCommerce rival, Reliance Industries, owned by Mukesh Ambani, the richest man in Asia. The U.S. online retail and tech behemoth on Wednesday...
Formal antitrust charges against Amazon will be announced by EU competition commissioner Margrethe Vestager over how the eCommerce giant handles data from the merchants on its platform, according to a Financial Times (FT) report citing sources. At issue is Amazon’s parallel responsibility to third-party vendors...
The eCommerce surge generated from the COVID-9 pandemic has prompted Amazon to open three additional logistics hubs in Brazil, according to a report in Reuters on Monday (Nov. 8). The new centers are operating in Minas Gerais, Rio Grande do Sul and Brasilia, the country’s...
Amazon is suspending advertising related to pre-Black Friday campaigns in France after coming under fire from at least one government official who said it was unfair for the online giant to flex its digital retail muscle just as a new pandemic shutdown forces small shops...
Amazon, which is fuming over a decision by its India business partner Future Retail to sell assets to rising Amazon rival Reliance Industries, has asked India’s top securities regulator to block the deal, Reuters reported. Amazon, according to Reuters, sent a letter to the Securities...
