Amazon restricts LGBTQ+ search results in UAE following government pressure pride? Amazon has restricted search results for LGBTQ+-related products in the United Arab Emirates after government threats. Homosexuality is illegal in the UAE, and sits in stark contrast to the West’s celebration of Pride this month. As first reported by the New York Times, search terms like ‘LGBTQ’ and ‘pride’ are banned, as well as product [...]
Amazon tells government online sales tax would wound small retailers using its platform ONLINE SALES TAX An Amazon manager cautioned the government that a levy on internet heavyweights would cause serious damage to the UK’s small retailers, According to a report by Sky News, John Boumphrey, Amazon’s UK country manager, urged a Treasury minister against an online sales tax (OST) at a meeting with retail chiefs on Wednesday. A one per [...]
An online sales tax would be a small hassle for Amazon, but a hard blow for our shops Tom Clougherty The Treasury is considering whether to introduce an online sales tax (OST) as a “means to rebalance the taxation of the retail sector between online and in-store retail”. A decision is expected in autumn – probably as part of the Chancellor’s Budget. If the government has any sense, it will run a mile from taking [...]
Apple knocks Amazon off the top spot to become world’s most valuable brand June 15, 2022 Tech giant Apple has pushed Amazon off the top spot to be the most valuable global brand, ranking higher than Google. Apple is set to become the first trillion-dollar brand, with a brand value of $947.1bn with plans to enter into the Buy Now Pay Later arena. Google shot up the rankings to second place, [...]
Lydia Hall interview: Welsh golfer on her Amazon delivery sideline and the Aramco Team Series June 14, 2022 Lydia Hall spent much of the pandemic delivering parcels but now the Welsh golfer is enjoying improved returns on the Ladies European Tour, thanks in no small part to the Aramco Team Series. When Covid-19 shut down much of sport in early 2020, Hall was forced to put her clubs to one side and turn [...]
Amazon seizes more than three million counterfeit products as ecommerce giant cracks down on fraud June 8, 2022 Amazon has seized more than three million counterfeit products in the last year and referred more than 600 criminals for investigation as the tech firm tries to stamp out fraud. In its latest Brand Protection Report, the ecommerce giant revealed it has invested more than $900m and had more than 12,000 people—including machine learning scientists, software developers, and [...]
Mystery deepens as Brit vanishes deep in Brazil’s Amazon rainforest after receiving death threats June 7, 2022 It is increasingly unclear what has happened to British journalist Dom Philips, who went missing in de Amazon rainforest on Sunday. Phillips, 57, and Bruno Araújo Pereira, a Brazilian adviser at the Univaja association of people in the Vale do Javari Indigenous territory, were last seen early on Sunday in the Sao Rafael community, according [...]
Amazon shares rally following 20-for-1 stock split June 6, 2022 Amazon shares continue to rally after the ecommerce giant went ahead with its 20-for-1 stock split this morning. The move, which took shares down from Friday’s closing price of $2,440 to around $127, is expected draw in new investors and reward current holders with returns. The company first reported the plan in March, which now means that [...]
Tech giant AGM: Amazon shareholders reject investor-led proposals on workers’ rights May 25, 2022 Amazon shareholders voted down all investor-led proposals at the tech giant’s AGM on Wednesday afternoon. Among the 15 shareholder proposals, rejected resolutions included those critical of the company’s use of plastics and particular concealment agreements in contracts. The $1tn e-commerce giant had pushed back against all of the shareholder proposals, the highest number it has [...]
Amazon shareholders gear up to vote on workers’ rights as Andy Jassy’s fresh leadership is tested May 25, 2022 Amazon shareholders are set to vote on a worker’s rights proposal for the first time ever, as the tech giant comes under increasing pressure to respond to public controversies.