Jeff Bezos sells roughly £1.6bn of Amazon shares February 11, 2024 Amazon founder Jeff Bezos has sold around 12m shares of the online retail and cloud services firm for roughly $2bn (£1.6bn).
Earnings watch: Apple, Amazon, and Meta reports to set market tone February 1, 2024 Earnings reports from tech titans Apple Inc, Amazon.com, and Meta Platforms Inc, slated for Thursday, are poised to steer stock movements this week.
Amazon eyes anchor investor role ahead of Arm IPO August 9, 2023 Amazon is reportedly in discussions to become an anchor investor in Arm as the chip designer gears up to go public. The technology giant is joining the likes of Alphabet, which owns google, and semiconductor companies Nvidia and Intel in the queue to become a major investor in Cambridge-based Arm, according to Reuters. Arm plays [...]
Games Workshop signs deal with Amazon to make Warhammer TV shows December 18, 2023 Wargames maker's deal with online giant will transform Warhammer 400 game into film and television series
This year we’re dreaming of a Bezos Christmas as Amazon defies a recession November 7, 2023 Amazon has managed to defy the sluggish growth of a recession with its vast offering of products, writes Julian Skelly
Amazon Prime Big Deal Days sees shoppers trim spending October 12, 2023 Protein shakes did well during Amazon's 'Prime Big Deal Days' event but analysts warn shoppers are tiring of discount days.
Amazon launches legal action against ‘fake review brokers’ June 29, 2023 Amazon has filed four lawsuits against online fake review companies in an attempt to hold them to account for illicit behaviour that deceives consumers. The global tech company has challenged Reddit Marketing Pro, Mangocity, Littlesmm and Nice Discount with legal action this week. Amazon claims these ‘fake review brokers’ are trying to “mislead Amazon customers [...]
Amazon: Coventry workers gear up to strike during Black Friday October 10, 2023 Over 1,000 Amazon employees based in the company's Coventry warehouse are preparing for a fresh walkout on Black Friday.
Amazon ‘actively’ looking to invest in multiple UK startups with £800m fund April 11, 2024 Amazon is exploring funding opportunities with a number of tech startups based in the UK via its $1bn (£800m) industrial innovation fund.
Amazon deal boosts Games Workshop ahead of Warhammer TV series September 15, 2023 Warhammer owner Games Workshop has said its trading performance for the three months ending 27 August has shot past expectations set by the board, as the company is spurred by a mega-deal with Amazon. Licensing revenue nearly doubled at £6m compared to last year’s £3m in the same period, while core revenue soared to £121m, [...]