Amazon sues Pentagon over claims Trump to blame for failure to win $10bn defence contract December 9, 2019 Amazon has opened legal proceedings against the Pentagon, alleging that the online giant was denied a $10bn (£7.6bn) US defence contract due to US President Donald Trump’s personal vendetta against chief executive Jeff Bezos. In a court filing made public today, Amazon claimed that its failure to secure the contract was result of improper pressure [...]
Unions protest outside Amazon’s London HQ on Cyber Monday December 2, 2019 Union members demonstrated outside Amazon’s London headquarters this morning and accused the e-commerce giant of failing to pay the correct amount of corporation tax. The GMB union estimated that the retailer should have paid £103m in corporation tax last year, but claims the company’s biggest UK arm paid £14m of tax on £2.3bn worth of [...]
Amazon to appeal Pentagon decision to award Microsoft $10bn cloud contract November 15, 2019 Amazon will appeal the US department of defense’s decision to award Microsoft a major cloud contract. Amazon, which already provides cloud computing for the Central Intelligence Agency, had been favourites to win the contract worth $10bn over 10 years. Read more: Nike pulls clothes and shoes from Amazon amid digital push The company has now [...]
Amazon ad banned for ‘misleading’ customers into signing up for Prime October 30, 2019 Amazon has been reprimanded by the ad watchdog over concerns the delivery options on its website may have misled people into signing up for Prime. The Advertising Standards Authority (ASA) received 10 complaints about a promotion that appeared during the ecommerce giant’s checkout process. Read more: Microsoft beats Amazon to Pentagon’s $10bn cloud computing contract [...]
How Amazon is inspiring the next generation of engineering October 30, 2019 When I was a teenager growing up in the 80s, I can clearly remember the “practical” lessons at school, and the satisfaction of building things – like my first ever circuit to power a lightbulb. These moments undoubtedly shaped my choice to become an engineer. Those “eureka” moments are powerful for any young person. When [...]
Microsoft beats Amazon to Pentagon’s $10bn cloud computing contract October 26, 2019 Microsoft has won a cloud-computing contract from the Pentagon worth $10bn (£8bn). The contract is for the Joint Enterprise Defence Infrastructure, dubbed Jedi, is for a 10-year period. Read more: Cloud computing drives Microsoft revenue up The project is aimed at making the US defence department more technologically agile. Amazon had been favourites for the [...]
Amazon share price slips after first profit drop in two years October 25, 2019 Investors have punished Amazon for a sharp fall in profits, targeting its shares as US markets opened this afternoon. Amazon’s share price fell 2.4 per cent to $1738.2 on the Nasdaq after billionaire Jeff Bezos’ company’s profits fell for the first time in two years yesterday. Read more: Amazon posts first profit drop for two [...]
Facial recognition tech powered by AI poses a threat to society October 24, 2019 Facial recognition software feels like it has stepped out of the realms of science fiction and into reality. Thanks to massive developments in artificial intelligence (AI), cameras and surveillance systems can now check and analyse someone’s facial features in real time. This is a profound step forward in the realms of biometric security, and major [...]
OECD targets tech giants as it shakes up global tax rules October 9, 2019 Multinational tech giants will face a crackdown on their corporate tax bills under new rules outlined by the Organisation for Economic Cooperation and Development (OECD). Tech titans such as Google, Facebook and Amazon have been accused of dodging taxes by booking their profit in low-tax countries such as Ireland, despite serving customers across the world. [...]
Fleabag star Phoebe Waller-Bridge signs TV deal with Amazon Studios September 24, 2019 Actor and screenwriter Phoebe Waller-Bridge has sealed a bumper deal with Amazon Studios, just days after sweeping up three Emmy awards. The Fleabag star has inked an overall deal to create exclusive new TV shows, which will be streamed on Amazon Prime. Read more: Netflix boss says The Crown will ‘look like a bargain’ as [...]