Industry Keyword: Amazon

Italy's antitrust watchdog said on Thursday it had fined Amazon 1.13 billion euros (approximately $1.28 billion) for alleged abuse of market dominance, in one of the biggest penalties imposed on a US tech giant...

Apple Inc is within striking distance of a $3 trillion market capitalization, a milestone that would make it as big as the world's fifth largest economy after Germany, just over a year after breaching...

Big Tech platforms Meta Platforms and Google have been hit with a series of antitrust lawsuits by the US federal government and states on charges they are operating monopolies and abusing their power. Below is...

A major outage disrupted Amazon's cloud services, knocking out streaming platforms Netflix and Disney+, Robinhood, a wide range of apps and Amazon.com Inc's e-commerce website as consumers shopped ahead of Christmas. Amazon said it was...

Amazon.com Inc's live-streaming site, Twitch, is launching a tool to detect users who try to access channels where they have been banned, it has said. The new tool, called Suspicious User Detection, will flag "likely"...

New York state's attorney general has asked a state judge to appoint a monitor to oversee worker safety at an Amazon.com Inc fulfilment centre in New York City, citing the retailer's alleged rollbacks of...

Salesforce.com has forecast first-quarter revenue below Wall Street's estimates, casting a shadow on an upbeat performance in the third quarter, and sending its shares down 6% in extended trading. The San Francisco, California-based company also...

A senior Amazon.com executive said it remains too early to predict how the Omicron coronavirus variant will impact consumer spending during the holiday season but suggested that shoppers will press ahead for now. "It’s very...

EU countries have now agreed on a common position on new rules to curb the power of US tech giants and force them to do more to police their platforms for illegal content. However, they...

Amazon.com Inc has asked India's Supreme Court to pause an expedited review of allegations that the US business concealed information while seeking antitrust clearance for a 2019 deal with India's Future Group, legal papers...

In June, managers at location data start-up Mapbox came to employees with alarming news: The company had lost a $150 million investment, and worker organizing was to blame. Prior to the all-hands meeting over Zoom,...

Amazon.com Inc's latest spat with Visa shows big retailers, armed with a growing array of payment options, are gaining the upper hand in their power struggle with card providers, but it's not a crisis...