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 workers planning walkout at US HQ after return-to-office mandate, layoffs and environmental concerns May 31, 2023 Amazon workers upset about recent lay-offs, a return-to-office mandate and the company’s environmental impact are planning a walkout at the company’s Seattle headquarters. The lunchtime protest comes a week after Amazon’s annual shareholder meeting and a month after a policy took effect requiring workers to return to the office three days per week. “We respect [...]
Analysis: Big tech beats forecasts – but they’re not out of the woods yet April 28, 2023 Meta, Microsoft, and Google’s parent, Alphabet, Amazon all showed signs of resilience this week after a bruising period for the tech sector. After many US tech firms laid off thousands of staff in response to low growth and inflationary pressures, each of these leading tech giants reported quarterly revenues and profits that beat analyst estimates, [...]
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 [...]
Amazon asked to formally recognise GMB union at strike-hit Coventry site April 26, 2023 Online giant Amazon is being asked to formally recognise a trade union at one of its sites which has been hit by strikes. The GMB says it would be the first time workers at the company would have formal union recognition for collective bargaining over pay and conditions. The move follows strikes by hundreds of GMB members [...]
Regulation set to challenge the ‘dominance’ of tech giants Google, Amazon and Facebook April 25, 2023 Plans to toughen up UK regulation of some of the world’s largest tech companies will go before MPs for the first time, with the competition watchdog’s dedicated digital unit set to be given sharper teeth. New laws to regulate big tech firms, such as Google, Amazon and Meta, have been long awaited, with MPs last [...]
Evri to ‘triple’ deliveries as it rolls out e-cargo bikes in London and Leeds April 24, 2023 Delivery titan Evri has launched new plans to triple annual parcel deliveries using electric-cargo bikes. Evri, formerly known as Hermes will expand its e-cargo bike fleet to London and Leeds this year, as the company looks to reduce carbon footprint in the ‘last mile,’ of its deliveries. Evri said that its services completed 154,000 deliveries [...]
Can Amazon Prime, Netflix and the streamers survive the UK’s recession fears? April 20, 2023 The number of British households signed up to streaming platforms has slumped so far this year, as more cash-strapped viewers trim their subscriptions to cut costs. The number of homes subscribed to at least one video streaming platform fell to 16.1 million between January and March this year, down from 16.91 million during the same [...]
Amazon UK workers’ strike continues – and there’s no end in sight April 17, 2023 Amazon workers are taking part in fresh strikes at a warehouse in Coventry in an ongoing dispute with the tech giant – which doesn’t recognise the union – over pay. GMB members are downing tools for three days from 16 to 18 April as they call for hourly pay to rise to £15. The union has [...]
Under a cloud: Dominance of Amazon AWS and Microsoft Azure questioned as Ofcom considers CMA referral April 5, 2023 Ofcom has proposed referring UK cloud services to the competition regulator, citing concerns that key players Amazon and Microsoft could stifle competition. The communications regulator said it has proposed referring the sector to the Competition and Markets Authority (CMA) after it identified features which make it harder for customers to switch or use multiple providers. [...]