Search results for "amazon"

Amazon's Socially-Focused Shareholder Proposals Fall Short at Annual Meeting

A majority of Amazon.com Inc shareholders on Wednesday voted against each of 15 investor-led resolutions that challenged the company’s policies – including its treatment of workers and use of nondisclosure agreements, an executive said at its annual meeting. The total number of investor resolutions, including one introduced at the online meeting, was a record for […]

Amazon Accepts Visa Credit Cards in Global Truce over Fees

Amazon.com Inc has reached agreement with Visa Inc to accept its credit cards across its network, ending a standoff between the two that threatened to disrupt e-commerce payments and deal a blow to the U.S.-based payments processor. Details of the deal were not disclosed but Visa and other payments cards have faced increased pressure about […]

Amazon Resumes Hiring Spree in South Africa

E-commerce giant, Amazon, is centering its interest towards South Africa with new job listings in the country in various fields, including customer support, senior management, and more. Since 2004, the Big Tech giant has marked its robust presence in the oldest and second-largest city in South Africa, Cape Town. Then, in late 2018, it changed […]

Telenor Partners with Amazon to Modernize Systems, Offer Services

Norway’s Telenor said on Thursday it had partnered with Amazon Web Services (AWS) to speed up the modernization of its telecoms systems, boosting the use of cloud technology to offer 5G and low-latency data services to professional customers. In collaboration with the U.S. tech giant, Telenor will develop product offerings for selected industries, including manufacturing, […]

EXPLAINER: What caused Amazon's outage? Will there be more?

Robotic vacuum cleaners wouldn’t start. Doorbell cameras stopped watching for package thieves, though some of those deliveries were canceled anyway. Netflix and Disney movies got interrupted and The Associated Press had trouble publishing the news. A major outage in Amazon’s cloud computing network on Dec. 7 severely disrupted services at a wide range of U.S. […]

Netflix slashes prices to compete with Disney+, Amazon

In its attempt to compete with its rivals Disney and Amazon, the famous streaming service Netflix cut on Tuesday the prices of its services in India for the first time since launching five years ago. As it aims to reach higher on the streaming ladder, Netflix slashed its prices by 60 percent to $2.62 paid […]

Amazon, OSHA promise review after tornado wrecks warehouse

The federal Occupational Health and Safety Administration said Monday it has opened an investigation into the collapse of an Amazon warehouse in Edwardsville, Illinois, after it was struck by a tornado on Friday, leaving six people dead and another hospitalized. OSHA inspectors, who have been at the site since Saturday, will look into whether workplace […]

Amazon says software problem reason for huge Internet outage

The main reason for the flowing outages across the internet on December 7th is automated processes in Amazon’s cloud computing business, according to Amazon.com, which affected everything from Disney amusement parks and Netflix videos to robot vacuums and Adele ticket sales. In a statement Friday, Amazon said the problem began December 7th when an automated […]

Italy fines Amazon $1.3 billion for abuse of power

Amazon has been fined $1.28 billion by Italy’s antitrust watchdog saying that the company illegally abused market dominance. The fine is considered one of the biggest penalties imposed on a U.S. tech giant in Europe by a single nation as part of a years-long battle over online antitrust issues. “The investigation has ascertained that these […]

Major outage at Amazon disrupts businesses across the US

A major outage in Amazon’s cloud computing network Tuesday severely disrupted services at a wide range of U.S. companies for more than five hours, the latest sign of just how concentrated the business of keeping the internet running has become. The incident at Amazon Web Services mostly affected the eastern U.S., but still impacted everything […]