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amazon

  • Ahead of the Game: Leicester City decide to stick with embattled sponsor

    November 27, 2024

    Leicester City will not exercise their right to seek a new shirt sponsor after their existing partner BC.Game was declared bankrupt last week.  The crypto gaming firm’s two parent companies, Blockdance BV and Small House BV, were hit with the bankruptcy order by a court on the Caribbean island of Curacao following a legal dispute [...]

  • Black Friday: Amazon workers to strike on one of busiest retail days of the year

    November 25, 2024

    Amazon workers in more than 30 countries, including the UK and US, will strike this Black Friday in a protest against the labour practices of the tech giant. The strike, coordinated by the Make Amazon Pay campaign, is the fourth consecutive year of organised action. Protests will also take place in major cities in dozens [...]

  • Why Premier League has opened door to a ‘Netflix of Football’

    November 25, 2024

    Friday's vote could be a watershed moment that transforms the way the world’s most popular league is consumed around the world.

  • Amazon shares soar as it shatters Wall Street forecasts

    November 1, 2024

    Amazon’s shares jumped over six per cent in after-hours trading after the e-commerce giant breezed past third quarter expectations. The boost from investors would lift the Seattle-headquartered company’s market cap, which currently stands at $1.95t, beyond the $2t mark. It posted quarterly revenue of $158.9bn (£123.3bn), beating analyst predictions of $157.2bn (£121.9bn), and a year [...]

  • CMA launches merger inquiry into Alphabet and Anthropic partnership

    October 24, 2024

    Britain's competition watchdog has opened a merger inquiry into Alphabet's partnership with artificial intelligence (AI) safety start-up Anthropic.

  • Amazon Alexa inventor says most companies are getting AI wrong

    October 17, 2024

    William Tunstall-Pedoe, the inventor behind Amazon’s voice assistant Alexa, has said that many companies that are trying to embed AI in their operations are getting it wrong. “Pretty much every medium and large business out there is trying to bring AI into their business,” he told City AM. “But a lot of these projects are [...]

  • I saw inside an AI-powered Amazon warehouse – here’s what I thought

    October 16, 2024

    Last week, I got a behind-the-scenes look at one of Amazon’s new AI-powered warehouses, in what felt like a glimpse into the future. Inside the 3.5m square foot facility in Nashville, Tennessee, Amazon was finally unveiling the fruits of its AI strategy, revealing a fleet of new AI-powered robots and tools designed to increase efficiency [...]

  • Amazon announces raft of new AI gambits as it battles rise of Temu and Shein

    October 9, 2024

    Amazon has announced a raft of new artificial intelligence (AI) features and technologies to speed up deliveries and reduce costs across its business. The logistics giant plans to deploy a fleet of 1,000 electric delivery vans with a new AI-powered ‘vision-assisted package retrieval’ (VAPR) technology that allows drivers to find packages faster and more easily.  [...]

  • Two IPL team owners battle to buy Manchester Originals in Hundred sale

    October 9, 2024

    The interest is a significant boost for England cricket chiefs’ much-maligned sales process.

  • Audible: UK’s love for original content helps double profit

    October 3, 2024

    Profit at the UK arm of audiobook and podcast giant Audible, which is owned by Amazon, doubled during its latest financial year, it has been revealed. The London-headquartered division has posted a pre-tax profit of £29m for 2023, up from the £14.7m it achieved in 2022. Newly-filed accounts with Companies House also show that Audible’s UK turnover [...]

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