Amazon: News
Amazon is an American multinational conglomerate headquartered in Seattle, US. The company not only focuses on e-commerce but also offers digital streaming services (Prime Video), cloud computing, as well as artificial intelligence. It was founded in 1994 by Jeff Bezos and later went public in 1997. It started off by selling music and videos in 1998 as well as started acquiring online booksellers in Germany and the UK. In 2002, the company launched Amazon Web Services. It later introduced the Amazon Prime Video, Amazon Music, and also acquired IMDb and the Whole Foods Market. Amazon also produces consumer electronic products like Kindle e-reader, Fire TV and tablets, and Echo and Alexa devices.
25 Apr 2024
JioCinemaJioCinema's new subscription plans offer ad-free content starting at ₹29/month
JioCinema is set to revolutionize the premium streaming sector with the launch of subscription plans starting at just ₹29 per month.
23 Apr 2024
XiaomiXiaomi launches earphones, vacuum cleaner, and garment steamer in India
Xiaomi, the Chinese electronics giant, has launched its newest truly wireless stereo (TWS) earphones, the Redmi Buds 5A, in India.
23 Apr 2024
CaliforniaAmazon discontinues Prime Air drone delivery service in California
Amazon has announced the cessation of its Prime Air drone delivery service in Lockeford, California.
18 Apr 2024
Artificial Intelligence and Machine LearningWhy Amazon's cashier-less tech sees slow growth despite third-party push
Amazon's groundbreaking 'Just Walk Out' technology is now operational in over 140 third-party locations across the US, UK, Australia, and Canada.
18 Apr 2024
Deepinder GoyalEx-Google, Amazon recruiters advise against LinkedIn's 'Open to Work' badge
Two former recruitment professionals from Google and Amazon have advised job seekers against using LinkedIn's "Open to Work" badge.
17 Apr 2024
AndroidAmazon Music introduces AI-driven playlist feature, Maestro
Amazon Music has launched an innovative AI-driven playlist feature called Maestro.
17 Apr 2024
Amazon Prime VideoAmazon Prime Video battles catalog errors, affecting viewer engagement
Amazon Prime Video is experiencing a significant drop in viewership numbers due to persistent catalog errors, as per internal documents obtained by Business Insider.
16 Apr 2024
RedditMeet Wayne: The bad boss of US-based Amazon delivery drivers
Amazon delivery drivers in the US have turned to humor, as a means of expressing their dissatisfaction with demanding workloads.
12 Apr 2024
GoogleGoogle parent Alphabet nears $2T mcap, driven by AI advancements
Alphabet, the parent company of Google, is nearing a market capitalization of $2 trillion.
11 Apr 2024
Amazon Web ServicesAmazon ends bonus payments for Alexa developers
Amazon has announced the discontinuation of its paid incentives for Alexa developers, marking the end of the Alexa Developer Rewards Program.
08 Apr 2024
SamsungSamsung Galaxy M55 5G, M15 5G go official in India
South Korean tech giant Samsung has officially launched its latest smartphones, the Galaxy M55 5G and Galaxy M15 5G, in the Indian market.
06 Apr 2024
Andy JassyAmazon launches 'Bazaar,' a budget-friendly fashion store in India
Amazon has discreetly launched a new store named "Bazaar" in India, aiming to cater to the demand for affordable yet stylish fashion and lifestyle products.
04 Apr 2024
Amazon Web ServicesAmazon Web Services lays off hundreds of employees
Amazon Web Services (AWS), the global leader in cloud services, has confirmed the termination of several employees from its sales, marketing, and physical stores technology departments.
03 Apr 2024
AndroidiQOO 12 Desert Red Anniversary Edition debuts at ₹53,000
iQOO, marking its fourth anniversary in India, has introduced the iQOO 12 Desert Red Anniversary Edition.
03 Apr 2024
Artificial Intelligence and Machine LearningAmazon discontinues 'Just Walk Out' technology in US: Here's why
Amazon is discontinuing its innovative "Just Walk Out" technology in its Fresh grocery stores across the US, according to a report by The Information.
31 Mar 2024
HonorHONOR launches MagicBook X14, X16 Pro laptops: Check specs, prices
HONOR has broadened its product range in India by launching two new laptops, the MagicBook X14 Pro 2024 and X16 Pro 2024.
29 Mar 2024
AndroidAmazon's new app lets you register for palm-recognition service remotely
Amazon has launched a new application, Amazon One, that allows users to register for its palm recognition service remotely. Until now, customers needed to physically visit a location to register.
28 Mar 2024
Artificial Intelligence and Machine LearningWhy Amazon has pumped $2.75 billion into AI start-up Anthropic
In a significant development, Amazon has invested an additional $2.75 billion in San Francisco-based start-up Anthropic, known for its work in generative artificial intelligence.
27 Mar 2024
PolandPolish watchdog fines Amazon $8 million for allegedly misleading customers
E-commerce giant, Amazon, has been handed a hefty fine of nearly $8 million by Poland's consumer protection agency, the UOKiK.
27 Mar 2024
Amazon IndiaMost Indian shoppers favor less packaging, Amazon survey finds
A recent study commissioned by e-commerce behemoth Amazon, reveals that a significant 69% of Indian shoppers prefer receiving their online purchases with less packaging.
26 Mar 2024
BusinessAmazon poured $1.2 billion into anti-fraud measures in 2023
In a proactive move to shield its brand, sellers, and customers from fraudulent activities and counterfeit goods, e-commerce giant Amazon has invested over $1.2 billion in 2023.
23 Mar 2024
HP LaptopsHP OMEN Transcend 14 gaming laptop's pre-orders begin in India
HP's gaming-focused laptop, the OMEN Transcend 14, is now up for pre-order in India.
22 Mar 2024
HonorHONOR Pad 9, with eight built-in speakers, launched in India
HONOR has launched its Pad 9, as its latest tablet in India, three months after its initial announcement in China.
19 Mar 2024
NVIDIANVIDIA unveils quantum-computing cloud service to take on Microsoft, AWS
NVIDIA has stepped into the quantum-computing cloud services arena with the debut of its new platform, NVIDIA Quantum Cloud.
17 Mar 2024
LenovoLenovo Tab M11 launching soon in India: What to expect
Lenovo's budget-friendly tablet, the Tab M11, is poised to make its entry into the Indian market.
16 Mar 2024
Lava InternationalAmazon listing confirms key features of LAVA O2 smartphone
LAVA, a leading Indian smartphone manufacturer, has announced the imminent launch of its new model, the LAVA O2 in India.
15 Mar 2024
TechnologyMaster Kindle's 'highlights' for a better reading experience
Amazon's Kindle has transformed our reading habits by providing an extensive digital library that's easily accessible.
14 Mar 2024
Artificial Intelligence and Machine LearningAmazon's AI tool lets sellers create product listing using URL
Amazon has announced a new generative artificial intelligence (AI) feature that allows sellers to create product pages by simply pasting a link from their external website.
06 Mar 2024
StartupsAmazon invests in robot-based recycling start-up to track packaging waste
Amazon is making strides in the recycling world by investing in Glacier, a San Francisco-based recycling robotics start-up, through its Climate Pledge Fund.
05 Mar 2024
AppleEffects of EU's DMA on Amazon, Apple, Meta and more
The European Union has rolled out regulations under its Digital Markets Act (DMA), targeting six major tech companies.
02 Mar 2024
NVIDIANVIDIA surpasses Saudi Aramco, becomes 3rd largest company by m-cap
NVIDIA is now the third-largest company globally by market capitalization, valued at $2.056 trillion, surpassing Saudi Aramco which stands at $2.046 trillion.
01 Mar 2024
WalmartSecurity flaws found in doorbell cameras sold on Amazon, Walmart
Doorbell cameras sold by major retailers like Amazon, Walmart, Shein, Sears, and Temu have been found to have security flaws, according to a recent investigation by Consumer Reports.
29 Feb 2024
Artificial Intelligence and Machine LearningAmazon filled with AI-generated ripoffs of Kara Swisher's biography
Kara Swisher, a renowned tech journalist, recently released her memoir, Burn Book, and Amazon has now been flooded with AI-generated biographies about her.
25 Feb 2024
MotorolaLooking for affordable flip phone? Consider Moto RAZR 40
Motorola released the Moto RAZR 40 in June 2023. Currently among India's most budget-friendly flip smartphones, it is now retailing at Rs. 44,999.
24 Feb 2024
Jeff BezosJeff Bezos, NVIDIA to back humanoid robot start-up Figure AI
Jeff Bezos and NVIDIA, along with several others, are investing in humanoid robot start-up Figure AI, reported Bloomberg.
21 Feb 2024
FlipkartAmazon India's 'Bazaar' vertical to sell low-priced fashion, lifestyle products
Amazon is gearing up to make a splash in India's affordable fashion and lifestyle sector with the introduction of 'Amazon Bazaar,' which will target budget-conscious consumers
21 Feb 2024
Jeff BezosJeff Bezos concludes 50M Amazon stock sale, nets $8.5B
Jeff Bezos has sold another 14 million shares of Amazon worth around $2.4 billion. This latest sale wraps up his plan to sell 50 million shares.
19 Feb 2024
SonySony Pictures launches OTT service on Prime Video in India
Sony Pictures has collaborated with Amazon's Prime Video India to introduce a specialized OTT platform for entertainment seekers.
17 Feb 2024
Spider-ManAmazon scraps writers' room for Marvel series 'Silk: Spider Society'
Sony's Spider-Man Universe is evolving into a distinctive franchise.
16 Feb 2024
Jeff BezosBezos sells $2B worth of Amazon shares in latest transaction
Amazon founder Jeff Bezos has sold around $2.03 billion worth of shares in the e-commerce giant over February 14-15.
15 Feb 2024
NVIDIAAfter Amazon, NVIDIA now surpasses Alphabet in market capitalization
NVIDIA is now the fourth most valuable company in the world. With a market cap of $1.83 trillion, it has surpassed the value of Amazon ($1.77 trillion) and Google's parent Alphabet ($1.82 trillion).
14 Feb 2024
Jeff BezosBezos sells $4B worth of Amazon stock in 4 days
Jeff Bezos, Amazon's founder, has sold 24 million shares, earning over $4 billion.
13 Feb 2024
NVIDIAWith $1.78T valuation, NVIDIA surpasses Amazon's market capitalization
NVIDIA briefly surpassed Amazon in market value, reaching a whopping $1.78 trillion, on Monday (February 12).
13 Feb 2024
Amazon Prime VideoAmazon Prime Video drops Dolby Vision, Atmos for basic subscribers
Amazon Prime Video has announced that Dolby Vision HDR and Dolby Atmos surround sound are no longer part of the basic subscription.
08 Feb 2024
NVIDIABuoyed by AI, NVIDIA to overtake Amazon in market value
NVIDIA, the world's leading AI chipmaker, is closing in on Amazon's market value, thanks to Wall Street's growing interest in artificial intelligence.
02 Feb 2024
Artificial Intelligence and Machine LearningAmazon introduces Rufus, an AI-powered shopping assistant: How it works
Amazon has introduced Rufus, a cutting-edge AI shopping assistant, currently accessible to a select group of customers.
01 Feb 2024
TikTokGen Z, millennials turn homeowners with Amazon's $30K tiny homes
In a real estate landscape marked by exorbitant prices, steep interest rates, and overwhelming student loan burdens, millennials and Gen Z are reshaping the trajectory to homeownership.
29 Jan 2024
MetaWhy the tech industry is conducting mass layoffs in 2024?
In January 2024, roughly 100 tech companies, including Meta, Amazon, Microsoft, Google, and Salesforce, have laid off around 25,000 employees, reports layoffs.fyi.
26 Jan 2024
GoogleSalesforce cuts 700 jobs as downsizing continues in tech industry
Cloud-based software giant Salesforce is set to lay off nearly 700 employees, per The Wall Street Journal.
24 Jan 2024
FranceFrance fines Amazon $35 million for excessive worker surveillance
France's National Commission on Informatics and Liberty (CNIL) slapped Amazon with a hefty $35 million fine for what they call "excessively intrusive" surveillance of workers in Amazon warehouses.
24 Jan 2024
eBayeBay to cut 1,000 jobs as expenses outpace revenue growth
eBay has announced its decision to eliminate 1,000 jobs, which makes up 9% of its full-time workforce. The move will also reduce work for external contractors.
15 Jan 2024
BusinessQuiet firing: Amazon's latest strategy to reduce headcount explained
Amazon has been pressuring managers to give lower performance ratings to workers, who don't follow the Return to Office (RTO) policy, according to Business Insider.
10 Jan 2024
BusinessAmazon-owned Twitch to lay off 35% of workforce
Twitch, the live streaming platform owned by Amazon, is reportedly considering laying off approximately 500 employees.
29 Dec 2023
Amazon IndiaAmazon Pay India's FY23 revenue growth stagnates, losses narrow
Amazon Pay India, the digital payment arm of e-commerce giant Amazon, saw a stagnant growth in operational revenue, reaching Rs. 2,093 crore in fiscal 2023 compared to Rs. 1,998 crore the previous year.
22 Dec 2023
GoogleBig tech firms seek clarity on Telecommunications Bill's scope
The Asia Internet Coalition (AIC) has requested clarification from the Indian government on the recently passed Telecommunications Bill 2023.
22 Dec 2023
BusinessAmazon Prime vs Prime Lite: Which membership is better
Amazon has reduced the price of its affordable Prime membership plan called Prime Lite. It now costs Rs. 799 per year, as opposed to Rs. 999.
14 Dec 2023
Amazon IndiaAmazon under scrutiny for tricking customers into buying Prime memberships
The Central Consumer Protection Authority (CCPA) has issued notices to Amazon India, accusing the company of employing "dark patterns" on its website to trick customers into purchasing Amazon Prime memberships, reported Moneycontrol.
14 Dec 2023
iQOOiQOO 12 now on sale in India: Check offers
iQOO's latest flagship, the iQOO 12, is now available for purchase in India. It is the first Snapdragon 8 Gen 3-powered smartphone in the country.
12 Dec 2023
Amazon IndiaAmazon India makes shopping easier with AI-powered reviews
Amazon India has launched AI-generated review highlights, which are concise paragraphs displayed on product description pages.
11 Dec 2023
Amazon Web ServicesVaishali Kasture, AWS India's interim head, quits within a year
Vaishali Kasture has resigned as the interim head of Amazon Web Services (AWS) India and South Asia, after just seven months in the position, reported TechCrunch.
08 Dec 2023
CybercrimesAmazon sues fraudsters for refund scam worth millions of dollars
Amazon has filed a lawsuit in the US against an international group of thieves, including an organization called REKK and nearly 30 individuals from various countries.
05 Dec 2023
OpenAIHow Amazon's Q fares against OpenAI's ChatGPT and Anthropic's Claude
Amazon's cloud computing division, Amazon Web Services (AWS) recently launched a new AI chatbot, named "Amazon Q."
05 Dec 2023
iQOOiQOO 12's pre-booking begins today on Amazon: Should you consider
iQOO is gearing up to introduce the iQOO 12 smartphone in India on December 12, marking the debut of the first Snapdragon 8 Gen 3-powered device in the nation.
30 Nov 2023
Artificial Intelligence and Machine LearningAmazon launches AI model evaluation on Bedrock: How it works
Amazon has unveiled Model Evaluation on Bedrock, a new service that lets businesses test AI models before implementing them.
