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+28 +5
John Oliver on big tech: ‘Ending a monopoly is almost always a good thing’
The Last Week Tonight host examined Google, Amazon and Apple and efforts to address ‘anti-competitive conduct’
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+21 +1
Amazon Sees Dip in Sellers Signing up to Sell Counterfeits, Company Says
E-commerce has made selling knock-offs a breeze. Amazon says it's increased investment and seen positive signs in its fight against fraudsters. Amazon is increasing investments aimed at keeping counterfeit products off its site, according to an annual report, part of its effort to protect consumers from fraudulent products and businesses from knock-offs.
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+19 +2
Amazon installs 'creepy' AI cameras to monitor more delivery drivers, report says.
Amazon is putting AI-powered cameras in more delivery vans in a move that privacy activists called "creepy", "intrusive" and "excessive" after rolling them out in the US last year, The Telegraph reported. The cameras monitor how drivers in the UK perform on the road and issue voice alerts if they speed or brake sharply and will score drivers accordingly.
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+23 +5
Amazon's Rings Of Power Presentation Leaves Tolkien Experts Stunned
Amazon Studios is taking a massive gamble with its "The Lord of the Rings: The Rings of Power" series. The studio has poured an enormous amount of money into the production of the show and is clearly angling to make a thorough and comprehensive adaptation. Even so, from the moment its marketing started picking up some momentum in early 2022, fans have had epically mixed reactions.
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+3 +1
India is asking Amazon to explain the sharp rise in consumer complaints
In a bid to ensure that consumer rights are protected and customers are not fleeced by being sold fake goods online, the government has yet again stepped in, taking cognizance of a surge in complaints. According to highly placed sources, the consumer affairs ministry once again pulled up Amazon India and asked the online e-commerce giant to “improve customer services, including complaint redressal" and "sell genuine products".
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+20 +1
Amazon targets review firms with legal action
Amazon is taking legal action against four companies it has accused of deliberately flooding its shopping platform with fake reviews. Three of the firms had nearly 350,000 reviewers on their books. The companies act as unofficial brokers between Amazon sellers and individuals who write reviews, the tech giant says.
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+21 +5
Amazon declines to describe search-algorithm data - Australian regulator
Amazon.com Inc has declined to describe its product-search system to an Australian competition regulator that has heard complaints of large marketplace platforms giving preference to in-house wares.
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+17 +2
‘Outer Range’ Is the Trippy ‘Yellowstone’ You Didn’t Know You Needed
With all the success that Taylor Sheridan's Yellowstone—and its ever-expanding universe, which now includes a spinoff prequel called 1883—has had, it was inevitable that other major producers of television were going to make an attempt to capture that same fire and excitement. And if you want to picture an alternate universe version of the modern American West ranching landscape of Yellowstone, also starring a movie star in Josh Brolin, but with some weird, trippy, Lost-esque, Alex Garland-esque, sci-fi ripples, then you've got Amazon Prime Video's new series Outer Range. And folks, this show rules.
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+16 +2
Amazon Europe Unit Paid No Taxes on $55 Billion Sales in 2021
Amazon.com Inc.’s main European retail business reported 1.2 billion euros ($1.2 billion) of losses in 2021, which allowed the company to pay no income tax and receive 1 billion euros in tax credits, corporate filings seen by Bloomberg show.
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+16 +3
Amazon Must Reinstate Activist Employee Fired After Protest, Judge Rules
Amazon must reinstate a worker the company fired two years ago after a protest against the company's working conditions at a Staten Island fulfillment center, a judge ruled Monday. Gerald Bryson, a former warehouse employee, is also owed back pay, Benjamin W. Green, an administrative law judge, determined. The judge agreed with a National Labor Relations Board finding that Bryson was terminated for protesting safety conditions at the facility, an activity protected by federal labor law.
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+17 +4
How Amazon plans to fix its massive returns problem
Amazon is handling a rapidly growing number of returns that are causing a massive problem for the e-commerce giant and the planet. A National Retail Federation survey found a record $761 billion of merchandise was returned to retailers in 2021. That amount surpasses what the U.S. spent on national defense in 2021, which was $741 billion.
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+14 +4
The SEC is reportedly investigating Amazon over its use of third-party seller data
Back in 2020, a Wall Street Journal report revealed that Amazon employees routinely used data collected from third-party sellers to launch competing products for the company's private-label business. The US Congress is already investigating the e-commerce giant over that practice, and according to The Journal, so is the Securities and Exchange Commission. Apparently, the SEC is looking into how Amazon disclosed its business practices, including how its employees used data for its private-label brands.
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+16 +1
Amazon signs biggest-ever rocket deal with 3 firms, including Bezos' Blue Origin, to launch internet satellites
Project Kuiper is Amazon's plan to build a network of 3,236 satellites in low Earth orbit, to provide high-speed internet to anywhere in the world.
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+4 +1
Amazon Workers at Three Delivery Stations Just Staged a Walkout
Last week, workers at three of Amazon’s last-mile delivery centers in New York and Maryland walked off the job to demand better pay and working conditions. It's the latest action by Amazonians United, a group organizing Amazon workers across the US and Canada.
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+18 +2
Amazon invests $1bn in climate and social sustainability
Amazon has raised $1bn (£707m, €821m) to put towards its first sustainability bond, which the retail giant will invest in renewable energy and clean transport. The bond will also help various construction initiatives to produce greener buildings and affordable housing.
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+12 +2
Amazon Closes $8.5B MGM Acquisition
Amazon has closed its $8.5 billion acquisition of MGM, officially bringing the film and TV studio into its fold. The landmark deal was first announced last May, with the company citing MGM’s vast library as driving the purchase. “With the talent at MGM and the talent at Amazon Studios, we can reimagine and develop that IP for the 21st century,” Amazon founder Jeff Bezos said after the purchase was announced.
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+4 +1
Amazon shareholders call for tax transparency
Twenty-four Amazon investors are calling on the tech giant to increase transparency in tax disclosures and adopt a new reporting standard, the Financial Times reported on Sunday.
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+10 +2
Amazon reaches deal to continue accepting Visa payments worldwide
Amazon and Visa have resolved their simmering dispute over payment fees in the UK and elsewhere, Reuters has reported. "We've recently reached a global agreement with Visa that allows all customers to continue using their Visa credit cards in our stores," a spokesperson told Reuters.
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+18 +2
Former Amazon employee sentenced to 10 months in prison for involvement in bribery scheme
A former Amazon employee was sentenced Friday to federal prison for his involvement in an international bribery scheme. Rohit Kadimisetty, who worked as a seller support employee out of Amazon’s Hyderabad, India, office until 2015, was ordered to spend 10 months in prison after he admitted he conspired to commit bribery across state and national borders. Kadimisetty was also ordered to pay a $50,000 fine and undertake three years of supervised release.
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+20 +6
Amazon Fire TV makes surfing live channels less of a headache
Amazon Fire TV's current search and discovery feature may cause you to lose hours browsing your favorite live channels on the platform. But that changes now as Amazon announced a handy customization feature for its live channel guide. The update allows you to add live channels to the main menu's Live tab, making it easier to revisit your favorites the next time you want to watch live programming. You can select live channels from both your free and paid services.
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