Amazon.com closes $8.5 billion deal to buy MGM movie studio
Amazon said it would welcome all MGM employees to the company and work with the studio's leadership.
Mar 17, 2022, 23:15 PM IST
Amazon to launch its first internet satellites in late 2022
The company filed a request with the Federal Communications Commission (FCC) to launch and operate its first two prototype satellites, called KuiperSat-1 and KuiperSat-2. Amazon said the satellites will launch with ABL Space on its RS1 rocket, CNBC reported.
Nov 03, 2021, 12:07 PM IST
Amazon in initial talks to buy $2 billion stake in Bharti Airtel: Sources
Amazon.com is in early-stage talks to buy a stake worth at least $2 billion in mobile operator Bharti Airtel, three people with knowledge of the discussions told Reuters, in a move that could turbocharge India`s digital economy.
Jun 05, 2020, 01:35 AM IST
Amazon orders electric vans from Deutsche Post's StreetScooter
StreetScooter has also installed 60 charging stations at Amazon`s distribution centre outside Munich, Deutsche Post said in a statement.
Jan 15, 2020, 19:48 PM IST
Thousands of traders to protest during Amazon CEO Jeff Bezos' India visit on January 15
CAIT has issued a statement saying, ''The Amazon CEO visit will see huge protests from traders across the country.''
Jan 12, 2020, 19:19 PM IST
As Amazon.com flexes its muscle, Seattle moves to curb corporate political donations
A six-member committee of Seattle City Council has already unanimously approved the measure, making it almost certain that the full nine-member council will pass it on Monday.
Jan 12, 2020, 19:19 PM IST
Flipkart unveils loyalty programme to counter Amazon Prime
Amazon launched Prime, its global loyalty programme that offers free, faster shipping and free music and video streaming services, in India in 2016.
Aug 02, 2018, 13:19 PM IST
Amazon makes bid to spoil Walmart-Flipkart deal: Report
The news underscores how Amazon is focused on winning India`s fledgling e-commerce market, and the offer could be a ploy to block Walmart from bringing its expertise in logistics and supply chain management to Flipkart, people familiar with the matter said.
May 03, 2018, 17:44 PM IST
Amazon may offer to buy Flipkart: Reports
Walmart is in talks to buy a stake of over 40 percent in Flipkart, a direct challenge to Amazon in Asia`s third-largest economy.
Apr 04, 2018, 10:41 AM IST
Amazon buys startup Ring in $1 billion deal to run your home security
Ring is set to be one of Amazon`s most expensive takeovers, after its $13.7 billion deal last year for Whole Foods Market.
Feb 28, 2018, 10:18 AM IST
Amazon studio executive Joe Lewis resigns
Amazon said Sharon Tal Yguado, who is the head of event series, will replace Lewis in the interim.
Oct 24, 2017, 09:24 AM IST
Amazon sends accidental gift email to shoppers due to glitch
A number of recipients, however, reported on social media that they were not expecting a child.
Sep 20, 2017, 09:52 AM IST
Amazon refunding customers who bought 'unverified' eclipse glasses
E-commerce giant Amazon is offering refunds to customers who purchased eclipse glasses from the platform and warned them not to use the spectacles to view the total solar eclipse that will occur on August 21.
Aug 14, 2017, 16:32 PM IST
Amazon to start food retail biz in India this Diwali
Amazon has planned to invest $500 million in the food segment, over and above the $5 billion it had already committed to investing in India.
Aug 08, 2017, 11:02 AM IST
Amazon picks its first Australian warehouse, a step towards launching
US retail giant Amazon.com unveiled the location of its first warehouse in Australia on Thursday, picking an industrial area outside Melbourne in a major step towards launching operations in the world`s 12th-largest economy.
Aug 03, 2017, 12:06 PM IST
Singapore slings? Taking on Alibaba, Amazon launches Prime Now in the city state
Amazon has yet to detail its plans for the wider region and a spokeswoman declined to comment.
Jul 29, 2017, 16:53 PM IST
Amazon.com on pace to break sales record for 'Prime Day'
The world`s largest online retailer said customers ordered more than three times as many Echo-family speakers than during Prime Day 2016, which at the time broke records for Amazon devices.
Jul 12, 2017, 09:36 AM IST
Amazon wins India's approval to invest in domestic food retail
Online retail giant Amazon.com Inc has secured approval to stock and sell food and groceries in India, potentially expanding its business in the fast-growing economy where it is in a pitched battle with home-grown rival Flipkart.
Jul 11, 2017, 12:04 PM IST
Amazon lent $1 billion to merchants to boost sales on its marketplace
Amazon.com Inc has stepped up lending to third-party sellers on its site who are looking to grow their business, a company executive said in an interview on Wednesday.
Jun 08, 2017, 11:59 AM IST
Amazon revenue soars as cloud, retail businesses dominate
Amazon.com Inc`s retail and cloud-computing sales rose in the first quarter, inching above Wall Street`s expectations and sending the company`s shares to an all-time high in extended trading.
Apr 28, 2017, 11:04 AM IST
