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Amazon to manufacture self-driving cars after acquiring start-up Zoox for $1bn

July 3, 2020May 23, 2023 Dianne Jacobs

Amazon is making strides into developing its own self-driving vehicles, agreeing to buy Californian start-up Zoox in a deal said to be worth more than $1bn (£810m). The takeover was first reported by tech website The Information and was later confirmed by Amazon. Talks were said to have started between the two companies last month. Zoox’s chief executive Aicha Evans and chief technology officer Jesse Levinson will continue to lead the team as a standalone business after the deal has completed, Amazon said. The takeover is believed to be part of Amazon’s plans to begin…

Online retailers sales see their highest growth on record in April

June 9, 2020May 26, 2023 Dianne Jacobs

Online retailers are seeing Black Friday-like sales due to the impact of the COVID-19 pandemic on their business. According to new data from Adobe’s Digital Economy Index, U.S. e-commerce jumped 49% in April, compared to the baseline period in early March before shelter-in-place restrictions went into effect. Online grocery helped drive the increase in sales, with a 110% boost in daily sales between March and April. Meanwhile, electronic sales were up 58% and book sales have doubled. The data comes from Adobe’s index of the digital economy, which analyzes more…

Amazon to launch an Amazon CloudFront Edge Location in Kenya

November 12, 2019

Kenya will be the latest country in Africa after South Africa to have the Amazon Web Services, Inc. (AWS), Amazon CloudFront Edge location launched locally. The launch promises customers a fast and secure Content Delivery Network (CDN) that accelerates the delivery of applications, data, and videos to users worldwide, with high transfer speeds. Amazon Web Services says the Amazon CloudFront is expected to be operational in early 2020 promising up to 50 percent reduction in latency for delivery of content with the new Edge location. The AWS’s global infrastructure network,…

Amazon retreats from its China business in defeat, could it also mean anything for its India market?

April 29, 2019April 29, 2019 Editor

Is it possible that the almighty Amazon, global dominator of all things retail and pulveriser of hapless competitors, has finally conceded defeat in China? It certainly seems that way, as the US-based global e-commerce Goliath announced it would bring the curtain down on its Chinese marketplace business in July and will revert to offering only overseas products to domestic Chinese customers. “We are notifying sellers we will no longer operate a marketplace on Amazon.cn, and we will no longer be providing seller services on Amazon.cn effective July 18,” the company…

Amazon backs down on New York HQ Plans

February 15, 2019February 15, 2019 Editor

“After much thought and deliberation, we’ve decided not to move forward with our plans to build a headquarters for Amazon in Long Island City, Queens,” the company said in a statement. Amazon has announced it will no longer build a headquarters in New York. “After much thought and deliberation, we’ve decided not to move forward with our plans to build a headquarters for Amazon in Long Island City, Queens,” Amazon said in a statement Thursday. The change would have brought 25,000 jobs to the Queens area, but the company would…

Net giants urge court to reinstate repealed net neutrality rules

August 28, 2018

Representatives of internet giants like Facebook, Google and Amazon on Monday urged a federal appeals court to reinstate the Federal Communications Commission’s (FCC) net neutrality rules. Net neutrality rules, ideally prohibited internet service providers from blocking, throttling or prioritizing most web traffic. The FCC officially repealed in June causing a huge outrcry. The Internet Association (IA) and the Computer and Communications Industry Association (CCIA), two of Silicon Valley’s most prominent trade groups, filed in support of a lawsuit against the FCC for its repeal of the 2015 regulations late last year.…

Companies Buy Online Reviews by Offering Amazon Customers Full Refunds in Exchange for Five Star Ratings

April 30, 2018 Dianne Jacobs

An investigation has revealed that fake reviews for internet products are being bought and sold online. The investigation found companies using Facebook to offer Amazon customers full refunds in exchange for five-star reviews of their products. They are also able to buy bogus five-star recommendations on Trustpilot, one of the world’s leading and most trusted review websites, according to BBC 5 live Investigates. Such online review sites are becoming increasingly popular with businesses and customers. Some three quarters of British adults use them, of which half believe they have seen…

Facebook calls out Google, Amazon and Twitter for also harvesting user data

April 18, 2018April 19, 2018 Dianne Jacobs

Facebook wants users to know that it’s not the only one tracking their every move on the internet. The social media giant pointed a finger at Google, Amazon, Twitter and other platforms for using many of the same data collection practices that some privacy advocates are referring to as invasive. In a blog post published Monday, the firm described in depth all the ways it gathers information on you around the web — even if you’re not a Facebook member or are logged out of your account. Facebook has been…

Amazon Japan offices raided in competition probe

March 15, 2018 Dianne Jacobs

Amazon Japan said its offices have been raided by the country’s fair trade regulator on suspicion of anti-trust violations. The online retailer is suspected of asking suppliers to shoulder costs incurred for selling their products at a discount, according to media reports. The firm said it is cooperating with the investigation by Japan’s Fair Trade Commission (JTFC), Reuters reported. JTFC declined to provide more details on the case when contacted by the BBC. It’s not the first time Amazon Japan has been investigated over anti-trust breaches. In 2016, JTFC raided…

Amazon acquires Ring for $1 billion to help boost your home security

March 1, 2018 Dianne Jacobs

Amazon has acquired Ring, a Santa Monica, California-based maker of connected video doorbells and security cameras, for $1 billion. That will see the E-Commerce giant push further into the home security business: it previously acquired Blink, which makes similar products. Plus, it already offers a Cloud Cam that’s designed for use inside your house, and to allow couriers into your home to drop off parcels as part of its Key program. GeekWire notes that while neither firm has shared details on the way forward, it’s expected that the Ring brand…