British competition regulator has “real concerns” regarding AI foundation models controlled by small number of firms
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News Amazon
Amazon Web Services Lays Off Hundreds Of Staff
More job losses at Amazon, as AWS unit eliminates several hundred positions in sales, marketing and tech sections
Amazon Pumps Another $2.75 Billion Into Anthropic
Amazon completes its $4bn investment into AI firm Anthropic, after providing an additional $2.75bn in funding
EU Opens Investigation Into Apple, Google, Meta
EU launches probe into Apple, Google and Meta's competition practices under new DMA rules as pressure mounts on tech giants
Amazon Challenges £28m French Fine Over Worker Monitoring
Amazon challenges 32m euro fine from France's data protection agency over 'excessive' monitoring of warehouse staff
Nvidia Now Worth More Than Amazon, Amid AI Chip Demand
Nvidia now worth more than the e-commerce and cloud giant Amazon, thanks to ongoing industry demand for AI chips
Jeff Bezos Offloads $2 Billion Worth Of Amazon Shares
Not enough yachts? Amazon founder Jeff Bezos sells 12 million shares for $2bn, after relocating to tax friendly Florida
Amazon Cuts Hundreds Of Jobs In Health Units
More layoffs at Amazon as cost-cutting continues, with hundreds of jobs being axed at Pharmacy and One Medical divisions
Amazon Abandons $1.4bn iRobot Buy Amidst EU Opposition
Amazon calls off deal to buy iRobot for $1.4bn after EU raises concerns over competition in market for home devices
Amazon Ring Halts Controversial Police Video-Sharing Program
Ring confirmed it is 'sunsetting' its Request for Assistance (RFA) tool that allowed police to request doorbell footage
France Fines Amazon 32m Euros Over ‘Excessive’ Worker Surveillance
French data protection regulator fines Amazon 32m euros over 'excessive' worker monitoring, including alerts after 10 minutes of inactivity
EU Set To Reject Amazon iRobot Buy
European Union set to reject Amazon takeover of Roomba robot vacuum cleaner maker iRobot after e-commerce giant fails to offer remedies
Amazon Lays Off 5 Percent Of Staff At ‘Buy With Prime’ Unit
Layoff misery continues as Amazon cuts 5 percent of staff at its 'Buy with Prime' unit, after cuts to other divisions last week
Amazon Cuts Staff In Audible, Prime Video and MGM Studio Divisions
Bad week this week for staff at Amazon divisions, with job losses at Twitch, Prime Video, MGM Studies, and Audible units
Twitch To Lay Off 35 Percent Of Staff – Report
Amazon-owned Twitch is handing a sizeable portion of its workforce the worst news in early 2024 by axing their jobs
Amazon Prime Video To Carry Ads In UK From 5 February
Adverts will start appearing for UK users of Amazon Video Prime on 5 February 2024, unless extra fee is paid
Amazon Wins $274m Tax Battle With EU
Defeat for European Commission after court rules Amazon does not have to pay 250m euros in back taxes to Luxembourg
UK Government, Tech Giants Agree To Tackle Online Fraud
Series of pledges from big name tech firms in agreement with UK government to protect people from online fraud
European Commission Cites Competition Concerns Over Amazon’s iRobot Deal
Despite reports deal would be approved, European regulators hand Amazon statement of objections to iRobot acquisition
Amazon Set To Win EU Approval For iRobot Purchase – Report
After UK approval, European antitrust authorities look set to give unconditional approval for Amazon to purchase iRobot
Amazon Cuts Hundreds Of Jobs In Alexa Division
More job layoffs again at Amazon's Alexa division, on top of the 27,000 jobs already let go in the past twelve months
Amazon Confirms ‘100% Success’ For Prototype Kuiper Satellites
Amazon's Kuiper satellite network will begin large scale deployment by mid 2024, after success with two prototypes
Amazon Repurposes Astro Robot As Security Guard
Amazon is turning its Astro robot into a security guard to help businesses detect break-ins and provide 24x7 monitoring of their premises
Amazon Includes Medical Discount With Prime Membership
Amazon Prime membership is being enhanced for customers in the US, with discount for Medical One healthcare service
Amazon Creates Team For ‘Olympus’ AI Model – Report
More AI moves by Amazon, amid report of hefty funding for development of large language model (LLM) to rival ChatGPT
Amazon Trials Humanoid Robot, Prompting Job Fears
Experiment to automate a couple of Amazon warehouse in the US via the use of robots, has prompted job loss concerns
Amazon Defends Prime Service, Amid FTC Lawsuit
Amazon denies it has been duping millions of subscribers of the Amazon Prime service, as it seeks dismissal of FTC lawsuit
Amazon Drones Begin Medicine Deliveries In Texas
Customers of the Amazon Pharmacy service can now receive certain prescription medications via drone delivery in Texas
Amazon UK Warehouse Staff To Walk Out Next Month
Amazon to increase base pay for its UK workers and is to hire 15,000 seasonal workers, but trade union says staff will walk out next month
Amazon Wins Interim Stay On Public Ads Archive
Amazon wins interim court ruling that it isn't very large online platform (VLOP) under European Union rules