Osborne-chaired Lingotto fund builds stake in Ocado amid Amazon takeover rumours June 26, 2023 The investment fund chaired by former chancellor George Osborne has built a up stake in retail tech firm Ocado, new company filings revealed today.
Amazon warehouse workers accuse tech giant of ‘dirty tricks’ as staff strike again June 12, 2023 Amazon workers commence three days of industrial action at the firm’s Coventry warehouse today as a dispute over pay drags on and continues to disrupt its operations. This is the fifth time this year that members of the GMB Union have walked out over low pay, with strikes taking place nearly every month since the [...]
Games Workshop posts record profit and dividends as it gears up for Warhammer 40k Amazon series January 9, 2024 Warhammer maker Games Workshop said it was trading in “great shape” as profits boomed following its TV deal with Amazon.
Amazon Prime and Netflix brace for cancellations as Brits look to trim spending January 30, 2023 More Brits are planning to unsubscribe from video streaming services this year, after new data revealed the number paid-for subscriptions in the UK fell by two million last year as rising costs continue to eat into household budgets. Data analytics group Kantar revealed today that the number video streaming subscriptions in the UK fell from [...]
Festive, err, fun: The best (and worst) Christmas food from Tesco, Sainsbury’s, Amazon, Pret and more December 12, 2023 We've ranked the best (and worst) Christmas food available in supermarket
Explainer-in-brief: Amazon chases the robotic revolution in the retail space November 14, 2022 Amazon wants 100 per cent of its packaging to be managed by robots in the next five years. The retail giant is not far from this target, given three quarters of the packages it delivers have been – at least partially – wrapped up by a robot. Employees have been reassured that “the need for [...]
Amazon to slash 10,000 corporate and tech jobs – reports November 14, 2022 E-commerce behemoth Amazon is mulling laying off around 10,000 people, it has been reported, amid a torrid slew of tech lay-offs last week. According to a report in The New York Times, redundancies for corporate and technology roles could begin as early as this week, people with knowledge of the matter said. This would mark [...]
Amazon Prime, Spotify set to be worst hit by Brits cancelling subscriptions January 4, 2023 British households are cancelling online subscriptions as the cost of living soars, with Amazon Prime and Spotify among the most-searched subscriptions to be cancelled, according to a new study. According to a new study by VPN Online, Brits are increasingly cancelling their streaming subscriptions to save money amid sky-high inflation. In 2022, the average Brit [...]
Amazon share price tanks after software giant announces fall in cloud spend April 28, 2023 The brakes appeared to be coming on to Amazon’s cloud growth spending as the tech giant said it was looking to cut costs. The news overshadowed the company’s quarterly sales, and an announcement that its profits that topped expectations. Amazon’s value rose $125bn (£100bn) but remarks by its chief financial officer Brian Olsavsky, drove the [...]
Horizon campaigner Alan Bates says Britain should sell ‘dead duck’ Post Office to Amazon for £1 February 27, 2024 A campaigner at the centre of the Post Office Horizon IT scandal has urged the government to sell the “dead duck” organisation to “someone like Amazon for £1”.