TradeLens, a blockchain platform from shipping giant Maersk and IBM is to be discontinued, to due lack of commercial viability
News eCommerce
Amazon ‘May Reach EU Antitrust Deal By Year End’
Amazon reportedly set to reach antitrust settlement with European Commission before end of year after it offers more concessions
Amazon CEO Andy Jassy Says Layoffs Will Continue Into 2023
CEO memo to Amazon workers confirms layoffs will continue into next year, with total number of job losses still to be determined
Amazon Begins Culling Device Unit Staff, Amid 10,000 Layoffs
Memo from Amazon hardware boss reveals layoffs among its devices and services team have begun, amid company plan to axe 10,000
Amazon Launches Virtual Health Clinics In US
The doctor will see you now. E-commerce giant Amazon launches virtual doctor surgery in the US for people's common ailments
Amazon’s Jeff Bezos To Give Away Most Of Fortune
Founder of Amazon and one of the richest men in the world, promises to give away vast majority of his $124bn (£110bn) fortune
Amazon To Axe 10,000 Jobs – Report
E-commerce giant Amazon to follow similar moves by other tech players, with largest headcount reduction in its history
Crypto Market Rocked As Binance Drops FTX Rescue Deal
Cryptocurrency prices plunge after crypto exchange platform Binance withdraws from purchase of its failing rival FTX Trading
Geneva Police Ground Drone Busting Eagles
Where eagles no longer dare. Switzerland cancels its drone busting eagle duo, over uncertain success rates and safety concerns
Amazon Pauses Corporate Workforce Hiring
Weeks after it paused hiring for corporate retail jobs, Amazon extends hiring freeze for roles across its corporate workforce
Amazon Faces $1 Billion UK Lawsuit, Allegedly Favouring Own Products
Legal trouble for e-commerce giant in the UK over its 'Buy Box' section, amid allegations it favoured its own products
Amazon Enters UK Insurance Market With Comparison Site
Financial services push sees Amazon enter UK insurance market, with challenge to four established price comparison websites
New York, Amazon Settle Pandemic Protection Lawsuit
Stand down. New York state's attorney general agrees to halt lawsuit against Amazon over alleged failures to protect workers during pandemic
Spain Opens Competition Probe Into Booking.com
Spanish competition regulator opens investigation into whether Booking.com economic practices 'exploit' hotels
Google Shopping Competitors Demand Antitrust Rework
Dozens of online shopping companies demand European Commission apply new rules in antitrust enforcement row
Amazon Halts Scout Delivery Robot Trials
Amazon halts trials of delivery robot and reassigns staff as company adjusts to slowing retail sales growth
SWIFT Publishes Blueprint For Central Bank Digital Currency
Digital currency solution for the world? Potential blueprint for digital currencies offered by central banks published by SWIFT
Amazon Suspends 50 Staff At Staten Island Warehouse After Fire
Fifty workers at Amazon's only unionised American warehouse have been suspended after they refused to work after a fire
Amazon Freezes Corporate Hiring For Retail Operation
Confirmation from Amazon that it has paused hiring for corporate positions in its retail operation, after media report
Amazon India Switches On Livestream E-Commerce
Amazon India launches livestream e-commerce feature to coincide with annual sale as it seeks to emulate huge success of feature in China
Amazon Raises Pay For US Warehouse Workers, Drivers
The wage packets for Amazon warehouse workers and transportation drivers will get a welcome increase, in the United States at least
Amazon Unveils Sleep Tracking Device, Updates Echo, Kindle
Arrival of Halo Rise sleep tracker comes amid updates to Fire TV, Kindle, and new Echo devices that double as Wi-Fi mesh extenders
FTC Says Amazon’s Bezos, Jassy Must Testify In Antitrust Probe
US Federal Trade Commission rejects Amazon argument that antitrust subpoenas are 'overly broad and burdensome'
EU Says Amazon Antitrust Offer ‘Not There Yet’
European Commission antitrust chief Margrethe Vestager says Amazon propsals to end probe 'appear relevant' but need more work
NGOs Call Amazon EU Antitrust Proposals ‘Vague’
Group of non-governmental groups calls Amazon EU antitrust concessions vague and full of loopholes, following consumer group criticism
Sea Ltd Lays Off E-Commerce, Gaming Staff After Heavy Loss
Singapore tech player Sea Ltd consolidates e-commerce operations in Latin America, lays off gaming developers after nearly $1bn quarterly loss
Amazon Has No Plans To Make Staff Return To Office
Return to office. CEO Andy Jassy says Amazon will not force corporate staff back into the office anytime soon
Amazon Loses Attempt To Overturn Staten Island Union Election
National Labor Relations Board official recommends rejection of Amazon's objections to historic union election in New York
Fired Amazon Union Organiser Alleges Retaliation
Leading organiser seeking to form a trade union at an Amazon warehouse in Kentucky, alleges firm fired him in retaliation for his activities
FTC Investigates Amazon Prime, But Firm Hits Out At FTC Staff Conduct
E-commerce giant accuses Federal Trade Commission of harassing Jeff Bezos,and Andy Jassy, in probe of Amazon Prime service