The famous conference on business and economy that is being held these days in Idaho is usually an excuse to close deals in a relaxed manner, while high-profile guests, from Jeff Bezos to Bill Gates, fly fish and play golf
PDD Holdings, the parent of e-commerce platform Pinduoduo and Temu app, moved its headquarters to Ireland due to growing American suspicion of China’s tech companies
Turning lights on and off, opening and closing the blinds, and making noise inside the house can keep burglars away. These gadgets allow you to do that from your cell phone
The Federal Trade Commission (FTC) accused the tech giant of using deceptive designs, known as ‘dark patterns,’ to deceive consumers into enrolling and then made it difficult for them to cancel their subscriptions
Ryan will be replaced at the Post on an interim basis by Patty Stonesifer, formerly chief executive of the Gates Foundation and a member of the Amazon board
Amazon says it disagrees with the FTC’s claims on both matters and denies violating the law. But it says the settlements “put these matters behind us” and its devices and services aim to protect consumer privacy
The lunchtime protest on Wednesday comes a week after the company’s annual shareholder meeting and a month after a policy took effect requiring workers to return to the office three days per week
The protest on Wednesday follows widespread cost-cutting at Amazon, where layoffs have affected workers in numerous sectors. The company has cut 27,000 jobs since November
The last time UPS workers walked of the job more than two decades ago, it crippled the shipping company. An emboldened union is threatening to do the same and this time the disruption would be far greater
The penalty of €1.2 billion is the biggest since the EU’s strict data privacy regime took effect five years ago, surpassing Amazon’s €746 million fine in 2021 for data protection violations
The Seattle-based company said it pulled in $127.36 billion in revenue for the January-March quarter, a 9% growth compared to the $116.4 billion it reported during the same period last year
The Spanish scientist, who is responsible for Amazon Web Services’ quantum networks, says that not all the possibilities are understood, nor is the effect of the intersection with artificial intelligence
The figure is double the number of the previous year, and the e-commerce giant credits initiatives that include a $1.2 billion investment to fight fraud on its platform
This time around, the job cuts will hit profitable areas for the company including its cloud computing unit AWS and its burgeoning advertising business