Amazon

Amazon
Third-Party Seller Admits Fleecing Amazon Out of $1.3M
March 22, 2022

A third-party seller on Amazon could face up to 20 years in federal prison for fleecing the eCommerce giant out of more than $1.3 million, according to a statement from the U.S. Department of Justice (DOJ) U.S. Attorney’s Office, Central District of California. Ting Hong...

Amazon
Will Amazon Make Streaming Shoppable?
March 21, 2022

The Netflix series “Emily in Paris,” which debuted in May of 2021, didn’t exactly start off on the right foot. Panned by critics and viewers, its Rotten Tomatoes average audience score of 47 seemed to reflect the social media banter over the “infuriating” naivete of...

Amazon
Judge Tosses Antitrust Lawsuit Against Amazon Over Pricing
March 20, 2022

Amazon won a dismissal of an antitrust lawsuit that the District of Columbia had leveled at it, saying the eCommerce giant had blocked sellers from offering better deals elsewhere, The Wall Street Journal reported Friday (March 18). D.C. Superior Judge Hiram Puig-Lugo tossed the suit....

Amazon
EU Gives Amazon the OK for the $6.5B MGM Deal
March 16, 2022

European Union antitrust officials have given the green light to the Amazon proposal to buy storied movie studio MGM, The Wall Street Journal reported Tuesday (March 15). This marks an important step in Amazon’s quest to purchase the studio, with a deadline quickly approaching for...

Amazon
Amazon: Out-of-Court Settlement With Future Retail Is Impossible
March 15, 2022

Amazon.com has told India’s top court that talks to settle the dispute with Future Retail Ltd., the Mumbai-based retailer with more than 1,500 stores in the country, is at a stalemate, Bloomberg reported Tuesday (March 15). “We made efforts, but nothing is possible,” Amazon’s lawyer...

Amazon
House Committee: Amazon Obstructed Investigation
March 09, 2022

A bipartisan group of U.S. representatives wants the Justice Department to investigate Amazon for what they say is a possible criminal obstruction of a Congressional investigation. As The Wall Street Journal reported Wednesday (March 9), Republican and Democratic members of the House Judiciary Committee have...

Amazon
Amazon’s Amp Shows Seeds of Super App Being Sown 
March 08, 2022

If the super app is the “glue” that holds the connected economy together, then messaging and chat functions are the glue that hold the super app together. News came on Tuesday (March 8) that Amazon has launched Amp, which in effect lets users create “radio...

Amazon
Amazon Launches ‘Amazon Aware’ Brand Focused on Sustainable Items
March 03, 2022

Amazon is making several in-house brands these days, among them its newest one, Amazon Aware, which makes sustainable, everyday essentials like home goods, beauty and apparel, CNN wrote Thursday (March 3). The products in the Amazon line are available from the Amazon Aware page, with...

Amazon
Amazon to Shutter Physical Bookstores, Focus on Grocery Opportunities
March 02, 2022

Amazon will be closing its physical bookstores, including “Amazon 4-Star” locations and mall pop-up locations, narrowing its brick-and-mortar locations to focus on groceries, Bloomberg wrote Wednesday (March 2). The company said it wants to look more at its “Amazon Fresh, Whole Foods Market, Amazon Go...