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The Federal Trade Commission and 17 state attorney generals have filed an antitrust lawsuit against Amazon. They are accusing the big online store of using it’s position to inflate prices…
Amazon has now cancelled A League of Their Own after originally announcing that the series had been renewed months ago.
After renewing the freshman series 6 months ago, Amazon has now cancelled The Peripheral after airing 1 season of the streaming series.
The Federal Trade Commission has sued Amazon. The F.T.C. alleged that Amazon has tricked millions of customers into signing up for Amazon Prime by using deceptive interface designs. They also…
Amazon Prime has renewed Citadel for a second season on the streaming service.
Amazon reported $3.2 billion in profits for the first quarter, as the company made large cuts in its workforce and also cut some of its product lines.
Amazon to cut 9,000 more jobs.
Amazon has cancelled A League of Their Own after a “very short” second season.
The Consumer Product Safety Commission has announced a recall for some Cosori air fryers after it was discovered a wire connection may overheat. The fryers were bought at Amazon, Best…
The Federal Trade Commission is preparing for a potential antitrust lawsuit against Amazon.
Amazon posted a 9% quarterly sales grown for the last quarter, beating expectations. Amazon’s stock fell 4% in after hours trading.
Amazon has layed off 18,000 workers today, in the company’s latest wave of job cuts.
Amazon is expected to lay off more than 17,000 employees, which is a larger number than previous estimates.
The European Union has settled 2 antitrust cases related to allegations on how Amazon treated its third party sellers.
Amazon has cancelled Carnival Row after a second season.
Amazon has cancelled As We See It after its first season.
Albany, NY: The National Labor Relations Board announced that Amazon workers here at an Amazon facility voted near 66% against unionizing with the Amazon Labor Union.
Washington, D.C.: Senior officials, from the Federal Trade Commission who oversaw Amazon, Facebook and Google, invested in the companies’ stocks.
Amazon has renewed Outer Range for a second season.
Amazon posted their first quarterly loss since 2015. The likely cause are rising costs and their recent stake in the electric car company Rivian causing their sales grown to slow…
Amazon announced new surcharges it charges some sellers as a result of higher fuel costs and inflation. The new surcharges will be called a “fuel and inflation surcharge”.
On April 27, Amazon’s IMDB TV will change their name to Amazon FreeVee.
Amazaon has closed the $8.5 deal to purchase MGM movie studios. This happened 2 days after European regulators approved the deal and said the deal “would not significantly reduce competition…
Alphabet fell 3%, Amazon fell 2.5% and Apple fell 2.7%. The indexes mostly were down today: The Dow Jones Industrials Average were mostly flat, but the Nasdaq fell 2% and…
The Dow Jones Industrials Average dropped 0.1%, Nasdaq fell 2.5%, S&P 500 dropped 0.9%, Apple fell 3.9%, Amazon dropped 2.6% and Tesla fell 5%.