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Amazon

  • Amazon bets on UK as Netflix slows down

    amazon

    Amazon has invested more than £1bn in TV, movie and live sport content in the UK since 2018, with plans to pump even more cash into establishing itself as the go-to content provider for Brits.

  • Amazon takes legal action against new fake review broker as UK plans clamp down on firms

    AMAZON

    Amazon has started legal action against Hong Kong based fake review broker Extreme Rebate after it successfully targeted the schemes of three major attackers, resulting in nearly 350,000 people no longer being incentivised by them.

  • Amazon will cover travel costs for employees wanting an abortion, as US Supreme Court ponders overturning Roe v Wade

    Abortion row

     Tech giant Amazon will cover travel costs for abortions amid controversy over proposed changes to the law in the US. The company will expand its coverage to employees to support them in having the procedure, as a leaked document claimed the US Supreme Court is going to overturn the historic Roe v Wade ruling, legalising [...]

  • Amazon posts first quarterly loss since 2015 as higher costs and lower sales hit bottom line

    April 29, 2022

    Shares in Amazon have plummeted after the e-commerce giant posted its first quarterly loss in seven years, as the firm faced a litany of challenges that led to higher costs and lower sales. The Seattle headquartered firm posted its first quarterly loss since 2015, as staff shortages and inflationary pressures increased its costs and the [...]

  • All eyes on Apple and Amazon as quarterly results loom

    April 27, 2022

    With the dismal performance of many big US firms in the past few weeks, all eyes are on Amazon and Apple, who are due to post their quarterly results today.

  • Amazon faces tide of stateside union action alongside Starbucks and Apple 

    April 25, 2022

    Amazon workers are gearing up to unionise in a second US warehouse, as big name brands continue to feel the sting of impending collective action stateside.

  • Amazon customers face higher prices for products as retail giant brings in fuel and inflation levy

    April 25, 2022

    Consumers could be hit with higher prices for Amazon products, after the retail giant announced it will impose a new levy on sellers.

  • Chart topper: Audioboom marks maiden profit after true crime podcast boom

    April 25, 2022

    Podcast firm Audioboom has made a maiden profit after success with true crime podcasts and beating its own records for monthly downloads. In final audited results for the year ended 31 December 2021, the London listed firm posted revenue of $60.3m, an increase of 125 per cent on 2020. The firm reported maiden annual net [...]

  • Amazon denies crypto payment method rumours

    April 14, 2022

    Amazon chief Andy Jassy said the company will not be adding crypto as a payment method for the foreseeable future following rumours that the internet behemoth was gearing up for a rollout. 

  • Amazon passes inflation surcharges onto sellers as the ecommerce giant battles rocketing costs

    April 14, 2022

    Amazon is set to introduce a five per cent "fuel and inflation surcharge" as the ecommerce giant grapples with the rocketing costs.

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