Amazon ‘actively’ looking to invest in multiple UK startups with £800m fund April 11, 2024 Amazon is exploring funding opportunities with a number of tech startups based in the UK via its $1bn (£800m) industrial innovation fund.
Amazon launches legal action against ‘fake review brokers’ June 29, 2023 Amazon has filed four lawsuits against online fake review companies in an attempt to hold them to account for illicit behaviour that deceives consumers. The global tech company has challenged Reddit Marketing Pro, Mangocity, Littlesmm and Nice Discount with legal action this week. Amazon claims these ‘fake review brokers’ are trying to “mislead Amazon customers [...]
Amazon is shutting down its UK insurance store after just a year January 24, 2024 Amazon started rolling out to select customers in October 2022 and available to all UK customers at the end of 2022.
Amazon deal boosts Games Workshop ahead of Warhammer TV series September 15, 2023 Warhammer owner Games Workshop has said its trading performance for the three months ending 27 August has shot past expectations set by the board, as the company is spurred by a mega-deal with Amazon. Licensing revenue nearly doubled at £6m compared to last year’s £3m in the same period, while core revenue soared to £121m, [...]
Amazon taxes: Retailer moves into top-15 of UK taxpayers June 1, 2023 Online giant Amazon has revealed it paid £781 million in direct taxes last year, a jump of more than £130 million from the prior year, as it continued its rapid expansion across the nation. The global marketplace and technology firm said it invested more and generated higher revenues over 2022. With a workforce of 75,000 [...]
Amazon rolling out generative AI feature targetting product reviews August 14, 2023 Amazon is rolling out a new generative AI feature that summarises product reviews for customers. The feature, which the company began testing earlier this year, is designed to help shoppers determine at a glance what other customers have said about a product before they spend time reading through individual reviews. It will pick out common themes [...]
Black Friday pain for Amazon as workers plan ‘largest day’ of strike action November 20, 2023 A trade union which represents Amazon workers has warned that this upcoming Black Friday will see the largest day of industrial disruption in the e-commerce giant’s history.
Games Workshop: Warhammer maker continuing to trade strongly following Amazon deal December 7, 2023 Games Workshop, the maker of Warhammer, has said it is continuing to trade in line with company expectations.
Amazon pushes into world of home insurance October 19, 2022 Just when you thought Amazon sold pretty everything, the tech firm announces that it has launched a new home insurance shop. The new offering will allow customers to request and review insurance quotes, select a policy, and then checkout—all on amazon.co.uk The e-commerce giant firm only has three insurers signed up so far, including Ageas [...]
Amazon opens £600m robot lab to speed up deliveries and improve efficiency April 11, 2024 Amazon has been busy developing a fleet of robots such as the Universal Robotic Labeller (URL) to help its staffers sort and pack products.