Amazon and Luxembourg hit by EU “sweetheart deal” tax crackdown. July 3, 2014 Amazon is the latest company to have been hit by an EU tax crackdown that has already caught out Apple, Starbucks and Fiat’s financial arm. According to a report in the FT, the EU's competition commission has sent a request to Luxembourg, where the company's headquarters are based, for information about whether decisions on [...]
Lessons from the career of Amazon’s Jeff Bezos July 2, 2014 The remarkable success of Amazon’s founder shows the value of always asking “why”. Amazon recently turned 20, and Jeff Bezos, its founder and chief executive, can stake a fair claim as one of the most influential entrepreneurs of his generation. His company has reshaped the way books, clothes, electronics and thousands of other [...]
Amazon brings battle with book publishers to the UK June 27, 2014 Amazon has been accused of bullying UK publishers in the latest upset between the book industry and the ecommerce giant. An investigation by the Bookseller, the industry trade magazine, found Amazon was putting UK publishers under "heavy pressure" when it came to agreeing new contract terms. Publishing houses are worried about certain terms proposed in [...]
Amazon’s lockers arrive in London Tube station car parks June 25, 2014 Amazon has introduced new lockers at Finchley Central and Newbury Park tube station car parks in a partnership between the online retail giant and Transport for London that will let customers collect their purchases at the lockers – like they can do in some Tesco, Asda and Sainsbury’s car parks. Amazon has lockers in over [...]
Amazon drone delivery plans remain on course despite reports of US ban June 25, 2014 Amazon will continue with plans to make deliveries by drone a reality, despite widespread reports that US regulators have banned the unmanned aerial vehicles. The e-commerce giant responded to CNET saying that the Federal Aviation Authority (FAA) guidelines, published yesterday, did not address the use of drones for commercial purposes and were not relevant to [...]
Amazon joining with Doddle to start railway station collections June 23, 2014 AMAZON customers will soon be able to pick up parcels from railway stations as part of a new deal between the online retail giant and Doddle, the click-and-collect joint venture between Network Rail and Travelex millionaire Lloyd Dorfman. Doddle is currently running a pilot operation at Milton Keynes station, with plans to expand the service [...]
Amazon’s Fire smartphone looks set to light up mobile market June 18, 2014 Amazon chief executive Jeff Bezos last night put Apple, Samsung and legions of online retailers on red alert with the launch of its new Fire smartphone, with the promise that the online giant would once again revolutionise shopping. Bezos, in a rare media appearance, demonstrated Firefly, a service that lets the $199 (£117) phone identify [...]
Tesco backs Blinkbox with Clubcard rewards in fight against Netflix and Amazon June 17, 2014 Blinkbox, the Tesco-owned TV and film streaming service, is introducing customer rewards to attract and retain customers. Tesco is putting the weight of its Clubcard loyalty scheme behind Blinkbox in a bid to stand out from rivals such as Netflix and Amazon Prime Instant Video. The scheme is the biggest tie-up between the two [...]
Amazon takes on Spotify with Prime Music service June 12, 2014 Amazon launched a music service yesterday that came free with its £79-a-year Prime membership programme, but offers a smaller selection of songs than Spotify. The new feature, Prime Music, allows subscribers to stream or download over a million songs without added fees or ads. This is one of many steps Amazon has taken in recent [...]
Barclays fears Amazon and Google threaten traditional banks June 10, 2014 Customers will soon use tech firms like Amazon, Google and PayPal instead of banks, Barclays’ chief Antony Jenkins said today, promising to innovate more to compete with digital giants. The sector is already being shaken up by new banks being established, and big firms like Tesco offering current accounts. But Jenkins believes the [...]