Amazon news and archive

Strikes and blockades at Amazon sites in the US and Germany

New York - On Thursday, a strike at several US and German sites of the American online retail giant Amazon began just a few days before the end-of-year holidays, to specifically demand wage increases. The industrial action began at 11:00 GMT in the US on Thursday due to Amazon management's refusal to negotiate with the Amazon Labor Union (ALU),...

Fashion |In Pictures Featured

Amazon Essentials launches first-ever celebrity collaboration

Amazon Essentials, the e-commerce giant’s own clothing line of basic wear for men, women, baby, and kids, is launching its first celebrity collaboration with American model and influencer Sofia Grainge. The Amazon Essentials x Sofia Grainge collection is an exclusive range of baby and kidswear inspired by the joys of parenthood. The collection...

Business

Amazon launches AI models to challenge rivals

Amazon on Tuesday unveiled a suite of artificial intelligence models in its boldest move yet to compete with tech giant rivals in the fast-growing generative AI sector. The launch of its own line of foundation models marks Amazon's latest push to strengthen its position against forerunners Microsoft, Google, Meta and OpenAI, the creator of...

Business

Amazon workers strike on Black Friday: Workers demand fair wages, climate action

Amazon workers are striking for the fifth time in a row on Black Friday (Friday 29 November). With the campaign 'Make Amazon Pay', the global workforce of the e-commerce giant, in collaboration with unions and activists, wants to call on the company to pay fair wages, respect unions, end the alleged tax advantage and to combat climate change and...

Business

Amazon Japan raided over alleged anti-monopoly violation

Amazon Japan's offices were raided by authorities Tuesday over an alleged anti-monopoly law violation, a source said, with the e-commerce giant accused of abusing its industry dominance to drive down prices. The Japan Fair Trade Commission conducted an on-site inspection of Amazon's Japanese subsidiary in Tokyo, reportedly its third probe into...

Fashion Featured

Watch: From hero gnomes to stylish goats, all the festive fashion films to know for 2024

It’s that time of the year, again. Brands and retailers across the globe have begun unveiling their always highly anticipated festive campaigns. This season, trends seem to revolve around flipping the script on the stress usually associated with the season; incorporating well-known (animated) figures into the storyline; and proposing new...

Business

Amazon taps into bargain hunters with 'Amazon Haul'

In the battle for bargain hunters, Amazon is now launching 'Amazon Haul', a concept that will allow shoppers to find items that are all priced at 20 dollars or less. The new feature of Amazon's app and website is currently rolling out in the US. Through 'Amazon Haul' consumers can find electronics, home furnishings, fashion and lifestyle...

Business

Amazon results beat third quarter expectations

E-commerce giant Amazon reported stronger-than-expected third quarter results on Thursday, with significant growth in cloud computing and a return to profitability in its international segment. The Seattle-based tech titan posted net sales of 158.9 billion dollars for the quarter ending September 30, up 11 percent from the same period last year,...

Fashion

Amazon dominates holiday gift search

Amazon has emerged as the dominant online platform for UK holiday shoppers, with over half (52 percent) turning to it for festive gift inspiration, surpassing Google, which attracted only 31 percent of shoppers, according to recent research by Nosto. Generative AI tools like ChatGPT are quickly gaining relevance, with 8 percent of UK consumers...

Business

UK clears 4 billion dollar AI partnership between Amazon, Anthropic

Britain's competition regulator on Friday cleared Amazon's investment of up to 4 billion dollars in Anthropic, an American developer of artificial intelligence, following a short probe. The Competition and Markets Authority had examined the significant investment by the US e-commerce giant amid concerns among global antitrust watchdogs regarding...

Retail

Amazon Prime Days to return October 8 to 9

Amazon is bringing back its Prime Big Deal Days next month ahead of the holiday season. Running from October 8 to 9, Prime members will have access to special deals with up to 40 percent off on toys, beauty, fashion, home decor and more. Some of the key offers set to run during Prime Days include Halloween costumes and accessories for families...

Retail

Could Amazon's return-to-office mandate be a boon to physical retailers?

Amazon's recent announcement mandating a return to office for its corporate employees from January 2025 has received mixed reviews from the technology sector. However, the repercussions of this decision may extend far beyond the confines of Silicon Valley, potentially reshaping the broader retail landscape. The e-commerce behemoth's push for...