The main reason for the flowing outages across the internet on December 7th is automated processes in Amazon’s cloud computing business, according to Amazon.com, which affected everything from Disney amusement parks and Netflix videos to robot vacuums and Adele ticket sales. In a statement Friday, Amazon said the problem began December 7th when an automated […]
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Amazon has been fined $1.28 billion by Italy’s antitrust watchdog saying that the company illegally abused market dominance. The fine is considered one of the biggest penalties imposed on a U.S. tech giant in Europe by a single nation as part of a years-long battle over online antitrust issues. “The investigation has ascertained that these […]
When looking at any timeline’s history, you will find a turning point along its development; either it propels the timeline into the next frontier or brings it to a screeching halt. Modern technology’s explosion into the data age was set in 2007. A year that set the tone for generations to come, birthing giants, affecting […]
In its first significant action under a new director, the Consumer Financial Protection Bureau is ordering Apple, Amazon, PayPal and other tech giants to reveal how their proprietary payment networks function. Apple Pay, Google Pay and other payment systems created by big tech companies now dominate large portions of e-commerce and person-to-person payments. CFPB Director […]
Amazon announced on Wednesday news of a new tool that could help third-party sellers retrieve data, to better predict shoppers’ demands to create products that accommodate the market’s needs. Amazon Product Opportunity Explorer will provide retailers with the opportunity to gain access to data and the latest trends to assist in identifying opportunities to market […]
Members of the U.S. House Judiciary Committee confronted Sunday Amazon’s lead executives in a letter accusing them of misleading the Congress and potentially lying about the e-commerce giant’s business habits. The letter, signed by five Committee members, is taking into consideration “whether a referral of this matter to the Department of Justice for criminal investigation […]
On Thursday, a bipartisan entity of senators revealed plans to welcome a nondiscrimination bill as pressure rises on the U.S. Senate to legislate a new set of laws prohibiting tech platforms from preferencing the company’s commodities and services over their rivals. After months of negotiations and hearings, the Senate has finally spoken, and its latest […]
Amazon said Monday it will allow many tech and corporate workers to continue working remotely indefinitely, as long as they can commute to the office when necessary. The new policy was announced in a blog post and is a change from Amazon’s previous expectation that most employees would need to be in the office at […]
ByteDance plans to globally emerge into the e-commerce industry by leveraging TikTok, to launch an international shopping platform, attracting merchants and consumers taking on Amazon. The Beijing-based company proved itself as a force to be reckoned with as it expands its influence over a diversified multitude of platforms, and its latest tactic to overtake Amazon’s […]
Amazon’s labor practices might witness a complete alteration, as California has become the first state to sign a bill that targets working conditions for warehouse employees, similar to those for Amazon and other major retail firms. As a response to the number of reported injuries at Amazon’s warehouses where productivity expectations are unrealistically enforced, California’s […]