Amazon on Monday denied a report that the e-commerce giant planned to begin accepting Bitcoin payments by the end of this year, but acknowledged an interest in cryptocurrency. City AM cited as unnamed insider as saying Amazon would start taking cryptocurrency, citing a recent job posting by the company for someone with digital currency and […]
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After conquering Earth, Bezos eyes new frontier in space
Jeff Bezos sets his sights on a new frontier in space in the coming days after building a gargantuan business empire which has in many ways conquered the Earth. His journey into space aboard a reusable rocket built by his firm Blue Origin comes just two weeks after he stepped aside as chief executive of […]
Pentagon scraps $10 bn cloud contract amid Amazon-Microsoft rift
The Pentagon said Tuesday it scrapped a massive $10 billion cloud computing contract, sidestepping a bitter dispute between Amazon and Microsoft over allegations of political bias that swayed the bidding. A Defense Department statement said the Joint Enterprise Defense Infrastructure (JEDI) contract was canceled because it no longer meets current needs and that it would […]
Bezos leaves enduring legacy as he steps away as Amazon CEO
As he prepares to blast off into a new career stage, Jeff Bezos leaves an enduring legacy after transforming Amazon from a modest online bookseller into one of the world’s most powerful corporations. Bezos, 57, was set to hand over the job of Amazon chief executive on Monday to Andy Jassy and turn his attention […]
Amazon wants critic atop US regulatory body sidelined
Amazon on Wednesday petitioned a key US regulatory agency to have its leader left out of any antitrust matters involving the company, arguing she is biased against the company. The tech and e-commerce colossus contended that newly appointed Federal Trade Commission chair Lina Khan’s history of criticizing Amazon’s market clout makes it impossible for her […]
Amazon dispatches Alexa to tell stories to kids
Amazon on Tuesday said that its Alexa digital assistant can now be a reading buddy for children, coaching them when they get stuck on words. A “Reading Sidekick” feature gives people with Echo smart speakers and subscriptions to Amazon Kids+ service a way to help children ages between 5 and 10 years of age become […]
Major US union project aims to organize Amazon workers
The International Brotherhood of Teamsters on Thursday said it will fund a project aimed at unionizing workers at technology and e-commerce colossus Amazon. The powerful labor group, which has some 1.4 million members, vowed to use its resources to rally Amazon workers, the community, and regulators in the effort. “Amazon presents a massive threat to […]
Pakistan, Amazon affiliation creates room for one million jobs
ISLAMABAD: Pakistan’s participation in Amazon has created a room for one million new jobs in the e-commerce sector while adding exports of one billion dollars. It was stated by Mr. Hashim Raza, Chief Executive Officer of the Small and Medium Enterprises Development Authority (SMEDA) today while commenting on the opportunities created by Amazon for Pakistan’s […]
Amazon, a golden ticket for Pakistani retailers?
In Pakistan, e-commerce has grown rapidly in recent years, and the boost that the COVID-19 epidemic has provided to e-commerce and online marketplaces has made them essential for companies and brands. Amazon has added Pakistan to its seller’s list, which effectively implies that local Pakistani retailers can now list and sell internationally on Amazon’s platform. […]
Amazon builds ‘wellness chambers’ for stressed staff; faces criticism for coffin-sized booth
Amazon plans to put “wellness chambers” in its warehouses for stressed out workers. In a video shared on its Twitter account, Amazon said the “AmaZen” chamber would help staff focus on their mental health. Describing the AmaZen booths, it was stated: “During shifts employees can visit AmaZen stations and watch short videos featuring easy-to-follow well-being […]