Amazon’s abandoned acquisition leaves iRobot in Carlyle debt straightjacket
By Greg Roumeliotis (Reuters) – The collapse of iRobot’s $1.4 billion sale to Amazon will test the cash-strapped robot vacuum cleaner maker’s ability to repay a $200 million loan it took from…
Amazon’s Twitch to lay off 35% of workforce- Bloomberg News
(Reuters) – Amazon.com’s streaming unit Twitch is set to cut 35% of its staff, or about 500 workers, Bloomberg News reported on Tuesday, citing people familiar with the plans. The move could…
X discusses using Amazon’s ad-buying software – WSJ
(Reuters) -Elon Musk’s social media platform X has discussed a potential partnership with Amazon.com that would make X ads available on the online retailer’s ad-buying software, the Wall Street Journal reported on…
Amazon’s AWS appeals to corporate customers with new chatbot, AI safety measures
By Greg Bensinger (Reuters) -Amazon is trying to lure big corporate customers to it AWS cloud computing service with a new chatbot for businesses, and by offering to guard them against legal…
Amazon’s playbook for happy holidays: discounts, same-day delivery – and AI
By Arriana McLymore NEW YORK (Reuters) – Generative AI will be Amazon’s secret weapon this holiday season, leveraging data from its more than 160 million Prime subscribers to improve ad targeting and…
Amazon’s New Space-Based Internet Service Could Bring New Option for New Jersey
TRENTON, NJ – New Jersey’s cable-based internet monopolies could be seeing some new competition in the near future. Amazon took a significant leap in the space-based internet race, launching its first set…
Factbox-What retailers have launched U.S. marketplaces since Amazon’s FTC antitrust probe
NEW YORK, NY (Reuters) – Amazon faces an antitrust lawsuit by the U.S. Federal Trade Commission (FTC) and 17 state attorneys general for what they call monopolistic pricing to customers and fees…
Shopify says merchants can use Amazon’s ‘Buy with Prime’ option
(Reuters) – Canada’s Shopify said on Wednesday Amazon will release an app in Shopify’s app ecosystem that will give US-based merchants access to Amazon’s “Buy with Prime” option. “Soon, Shopify merchants who…
Amazon’s devices chief David Limp to retire after 13 years
(Reuters) – Amazon.com’s devices chief David Limp would retire in the coming months, in a high-level departure from a division that has struggled to bring revenue and been a target of the…
Amazon’s ‘biggest ever’ Prime Day boosts US online sales to $12.7 billion
By Granth Vanaik (Reuters) -U.S. online sales during Amazon.com’s Prime Day shopping event rose 6.1% to $12.7 billion from last year, as inflation-hit Americans hunted for discounts on the e-commerce platform, Adobe…
Amazon’s cloud computing unit plans to invest 2.5 billion euros in Spain, to support 1,300 jobs
MADRID (Reuters) – Amazon’s cloud computing unit AWS plans to invest 2.5 billion euros ($2.60 billion) in Spain over the coming 10 years, supporting 1,300 full-time jobs in the country, the U.S.-based…
Russian court fines Amazon’s Twitch $68,000 over refusal to delete content
MOSCOW (Reuters) – A Russian court on Tuesday fined streaming service Twitch 4 million roubles ($68,000) for failing to remove an interview with a Ukrainian political figure, the Interfax news agency reported.…
Senator Warren, other lawmakers ask FTC to block Amazon’s iRobot deal -Axios
(Reuters) – A group of lawmakers led by Democratic U.S. Senator Elizabeth Warren is asking the Federal Trade Commission (FTC) to reject Amazon.com Inc’s $1.7 billion deal to buy Roomba vacuum maker…
FTC seeks more data on Amazon’s $1.7-billion deal for vacuum maker iRobot
(Reuters) – The U.S. Federal Trade Commission (FTC) has asked Amazon.com Inc and iRobot Corp for more information on the e-commerce giant’s $1.7-billion buyout of the Roomba vacuum maker. In a filing…
U.S. begins antitrust review of Amazon’s takeover of vacuum maker iRobot – Politico
(Reuters) – The U.S. Federal Trade Commission has begun a review of Amazon.com’s $1.7 billion takeover of robot vacuum maker iRobot Corp to decide if the deal violates antitrust law, Politico reported…
Portage Man Sentenced To 16 Years’ Imprisonment For Leading Scheme To Defraud Amazon’s Textbook Rental Program
Talsma is last of four defendants sentenced for participating in the mail fraud scheme GRAND RAPIDS, MICHIGAN — U.S. Attorney Mark Totten announced today that Chief United…
U.S. online sales during Amazon’s Prime Day jump to $12 billion- report
(Reuters) – U.S. online sales during Amazon.com Inc’s Prime Day shopping event jumped 8.5% from last year to nearly $12 billion, as inflation-hit Americans pounced on discounted essentials and electronics, showed data…
Amazon’s 2nd union vote in New York set for late April – U.S. labor board
– Amazon.com Inc workers at the company’s “LDJ5” warehouse in Staten Island, New York will vote in person starting on April 25 on whether to unionize, the U.S. National Labor Relations Board…
Portage Man Pleads Guilty To Mail Fraud And Aggravated Identity Theft Related To Amazon’s Textbook Rental Program
GRAND RAPIDS, MICHIGAN — U.S. Attorney Andrew Birge announced today that Geoffrey Mark Hays Talsma, 36, of Portage, Michigan, pled guilty in the United States District Court…
EU sets March 15 deadline for decision on Amazon’s MGM takeover
BRUSSELS – EU antitrust regulators will decide by March 15 whether to clear Amazon’s proposed acquisition of U.S. movie studio MGM, a European Commission filing showed on Tuesday. The deal would help…
Amazon’s Cloud Goes Down, Causing Outages For Internet Services Across World
Amazon’s cloud business, Amazon Web Services (AWS), experienced issues Wednesday, taking multiple internet services offline. AWS posted a notice on its service health dashboard early Wednesday saying it was “investigating increased EC2…
Amazon’s Doorbell Cameras Recognize ‘Suspicious’ People By Their Face, Voice And Smell
Amazon was recently granted 17 patents for biometric doorbell technology that analyzes people’s faces, voice, skin texture and smell. Ring, Amazon’s doorbell and home surveillance business, was awarded a patent in July…
Chris Christie’s Republican Rescue yet to crack Amazon’s top 100 political list despite ridiculous amounts of air time
If you’ve been paying attention, former New Jersey Governor Chris Christie has been getting major airtime from all of the television networks to promote his new book Republican Revival, his vision of…
Portage Man Arrested On Federal Indictment Charging Fraud And Theft From Amazon’s Textbook Rental Program
Geoffrey Mark Hays Talsma Faces Mail Fraud and Other Federal Charges GRAND RAPIDS, MICHIGAN — U.S. Attorney Andrew Birge announced today that Geoffrey Mark Hays Talsma, 36,…
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