Amazon’s ruthless move to block Visa credit cards forces anxious businesses to make stark choices December 9, 2021 Amazon’s recent decision to block Visa credit cards in the UK caught millions of businesses and consumers in between. As a result, many firms have some serious and fairly urgent choices to make, as industry insiders explained to City A.M. today. Amazon announced in November that it will no longer accept payments made with UK-issued [...]
US tech firms dominate web searches reaching more than 40m monthly hits each December 7, 2021 Alphabet's Google, Facebook, Amazon and Microsoft are the only website publishers to reach more than 40m people in the UK each month, according to Ipsos Iris data.
$61bn push for supply chain control: Amazon builds 10,000 containers as it charters long-haul planes and private cargo ships December 6, 2021 E-commerce Amazon remains largely unaffected by the global supply chain crisis as it is increasingly taking control of the entire supply chain. The company is building its own containers, and has “quietly” been hiring long-haul planes as well as private cargo ships, according to a CNBC report this weekend. Its 53-foot containers are manufactured in [...]
Amazon acknowledges ‘there is more to do’ as UK warehouses are targeted by Extinction Rebellion activists in Black Friday raid November 26, 2021 Climate activists blocked Amazon’s largest warehouse in the UK, targeting the global retail giant’s busiest day of the year. Extinction Rebellion’s Black Friday demonstration, with about 20 activists, started at 4am at the distribution centre in Dunfermline, Fife. The group said it was also targeting Amazon sites in Doncaster, Darlington, Newcastle, Manchester, Peterborough, Derby, Coventry, [...]
Amazon to face UK protests on Black Friday while strikes planned in Europe November 25, 2021 UK Amazon workers and campaign groups are among those planning to protest against the tech firm’s treatment of workers on Black Friday, with strikes planned in other countries. Amazon employees in the US and several EU countries are planning to take action on one of the tech firm’s busiest days of the year. The action [...]
Italy’s antitrust authority issues whopping €200m fine to Amazon and Apple November 23, 2021 Italy's antitrust authority has fined Amazon and Apple more than €200m (£168m) in the latest sign that the EU is cracking down on big tech.
Amazon’s merciless move to block Visa likely to lead to rapid uptake of… Amazon credit cards, which are issued by Mastercard November 22, 2021 Following the news that Amazon will no longer accept payments from UK-issued Visa credit cards, some industry insiders are convinced the e-commerce giant’s decision is a calculated move to drive the adoption of the company’s own payment cards, and will give a competitive advantage to Visa’s main rival, Mastercard. Last week, the online retailer confirmed that Visa credit [...]
Visa chief exec calls out ‘inaccurate’ Amazon high fee claims November 20, 2021 Visa's chief executive has hit back at Amazon's dramatic decision to block UK Visa credit cards, according to reports.
After Amazon’s dramatic move to block Visa credit cards, businesses sound the alarm: Card fees are out of control November 20, 2021 E-commerce giant Amazon confirmed to City A.M. yesterday that it intends to stop accepting payments made using UK Visa credit cards from early next year. The online retailer said that Visa credit cards issued in the UK will be blocked from use on its site from January 19. The move sent shockwaves through Britain’s consumer [...]
Exclusive: The pandemic showed the limitations of an online-only model, says retail guru November 17, 2021 A year of enforced change in buying habits where pretty much everything went online has reverted to ‘the new normal’. The Covid pandemic accelerated the shift to online; but is the future of retail really digital only? While in the short to medium term, there will remain some concerns over the logistics of browsing and [...]