Amazon unveils "most chilling" home security product to date with indoor camera drone
The 'Always Home Cam' will be available, initially only in the USA, next year
Company
Amazon.com Inc
NASDAQ:AMZN
Amazon.com Inc provides a range of products and services to customers. The products offered through its stores include merchandise and content that it purchased for resale and products offered by third-party sellers. The company manufactures and sells electronic devices, including Kindle, Fire tablet, Fire TV, Echo and Ring, and it develops and produces media content.
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Amazon in new UK tax row as revenues surge
The British arm paid just £293mln in tax in 2019 in spite of revenues rising by more than a quarter to £13.7bn.
Amazon.com fined by competition watchdog for delaying Deliveroo investment investigation
The UK arm has also appointed John Boumphrey as the new boss
Amazon announces 10,000 new permanent UK roles
Of the total, 3,000 have already been filled in the previous months while 7,000 are still vacant
Investments and investor services
UK cybersecurity body warns of fake celebrity-endorsed investment scams
The warning comes only a month after the Twitter bitcoin scam, while retail investing is popular among people stuck at home
Amazon delivers record quarterly profit, announces satellite broadband investment
"That growth has been driven by third party sales executed through the Amazon platform is testament to how powerful and scalable the retail model is," said one analyst
The British government continues to walk a wobbly tightrope, as inflation, social unrest and economic recession all threaten
Messrs Sunak and Johnson have broken the mould of the Conservative party big style
Investments and investor services
Esports market value forecast to hit US$6.8bn by 2027
A report from Grand View Research said strong sponsorship and the advent of 5G internet were among the key factors expected to drive strong growth in the sector over most of the next decade
Amazon acquires self-driving car group Zoox
The purchase follows previous investments by the e-commerce giant in other autonomous vehicle groups such as self-driving car firm Aurora and electric truck developer Rivian
CMA revises findings in Amazon/Deliveroo probe, approves investment
The CMA originally cleared the investment in April, saying that Deliveroo would go bust without Amazon’s cash injection, however it said on Wednesday that this had not been the case
CMA extends deadline for ruling on Amazon’s Deliveroo investment
The regulator will now until August 6 to make its final ruling on the investment, compared to the previous deadline of June 11
Jeff Bezos invests in British logistics startup Beacon
The company is looking to disrupt the freight-forwarding market
Amazon tells investors to “take a seat” as billions of profits to be invested in coronavirus-related plans
Usually, the online shopping giant would make US$4bn in quarterly profits, which will be invested to ramp up capacity and safety
Amazon’s Deliveroo investment gets CMA clearance as takeaway firm risks failure amid pandemic
The regulator said without the cash injection it was “clear that Deliveroo would not be able to meet its financial commitments and would have to exit the market”
Markets are down, but not quite out: as yet, the coronavirus situation bears little resemblance to 2008
Markets were already over-heated, which means the correction in real terms isn't as severe as it would otherwise have been
Amazon and other tech giants under pressure as UK government quietly enacts digital services tax
The new law will levy a 2% tax on revenues earned by search engines, social media platforms and online marketplaces that have UK revenues of over £25mln
Amazon founder Jeff Bezos’s US$10bn ‘earth fund’ upsets green lobby
Several environmental groups have pointed the finger at the tech giant's practices
Amazon.com shares soar as internet shopping giant's quarterly results smash expectations
The group saw its net quarterly sales rise by 21% to $87.4 billion, while net income increased by 8% to $3.3 billion
Amazon’s plans for stake in Deliveroo to get in-depth competition investigation
The Competition and Markets Authority will release a decision “as soon as is reasonably practicable”
Amazon fires back at Pentagon decision to award $10 billion JEDI cloud contract to Microsoft
The online retailer believes Trump has unduly influenced the defense department's decision thanks to a long-standing rivalry with CEO Jeff Bezos