Tag: Amazon

  • Nearly 4,500 Amazon employees challenge company to lead on climate-change policies

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    In an unprecedented public push to change Amazon policies, nearly 4,500 employees have put their names to a letter asking CEO Jeff Bezos and the commerce giant’s board of directors to become global leaders in fighting climate change. The letter, posted online Wednesday, is the latest step up in an internal drive by employees for […]

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  • Amazon ad business projected to grow 50% this year

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    Amazon has been busy ramping up its advertising efforts over the last two years. Now, the company’s US ad business is projected to grow over 50% in 2019, reaching 8.8% of the digital advertising market according to an eMarketer forecast shared with Marketing Dive. For 2020, Amazon is projected to increase its digital ad market […]

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  • Jeff Bezos: AMI defends position on Amazon founder

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    The owner of a US gossip magazine accused of blackmail by Amazon founder Jeff Bezos says that it acted in good faith but will conduct an inquiry. American Media Inc (AMI), the National Enquirer’s parent company, also says it believes it acted lawfully in its reporting on the world’s richest man. Mr Bezos accused AMI […]

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  • Johan Eliasch: Man who bought a forest

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    One of the substantial elements for the human beings to survive is oxygen, over 20% of which is produced in the Amazon Rainforest. Nowadays, rainforests around the world are continuously cut down to make room for raising crops, particularly soy, and cattle farming. Cattle pastures occupy 80% of the deforested areas in the Amazon. Pasture […]

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  • Amazon asked to share Echo data in US murder case

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    A judge in the US has asked Amazon to hand over audio recordings from an Amazon Echo which was in a house where two women died. Their bodies were found under the porch of a home in New Hampshire with multiple stab wounds. The man accused of their murder has pleaded not guilty and is […]

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  • Dems to probe Trump’s treatment of CNN, Amazon, Washington Post in triple-threaded abuse-of-power inquiries

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      The incoming chairman of the House Intelligence Committee this week said that when the new Congress is seated in January, Democrats plan to scrutinize whether President Trump abused his authority by taking adverse action against retail giant Amazon and two of his bitter left-leaning media rivals: CNN and The Washington Post. Rep. Adam Schiff, D-Calif., said […]

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  • Weak Amazon, Alphabet results ignite growth worries

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    Shares of Amazon.com Inc (AMZN.O) dropped by the most in four years on Friday after its outlook for holiday season sales missed targets, fanning concerns that Wall Street’s tech darlings are finally starting to face stronger competition. The third-quarter results were the second time running that billionaire Jeff Bezos’ firm had fallen short of sales […]

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  • Microsoft just leaped over Amazon as second most valuable U.S. company

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    Microsoft’s stock market value now stands at $823 billion, on track to close above Amazon’s for the first time since April. Microsoft overtook Amazon as second most valuable U.S. company on Friday after investors punished Jeff Bezos’ e-commerce behemoth for a disappointing quarterly earnings report, wiping $65 billion off the online retailer’s market capitalization. Apple […]

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  • Verizon’s advertising business is getting eclipsed by Amazon

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    Verizon’s media business suffered a 6.9 percent decline in revenue to $1.8 billion in the third quarter of 2018. Verizon’s effort to create an advertising business to rival Google and Facebook is struggling to keep up with another tech giant — Amazon. Verizon’s media business, which includes The Huffington Post, TechCrunch and Yahoo Sports, suffered […]

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  • 130 Coffee Shops in Europe Started to Accept and Sell Crypto

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    Be honest: shopping with cryptocurrency isn’t always the easiest experience. Even if price volatility is on your side, spending funds can be nightmarish. Crypto is gaining in popularity but many merchants still don’t accept it – meaning you are stuck with those age-old, boring options of paying by card or cash. A “technology enabler” startup […]

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