Tech Stock News
Wednesday, February 8, 2023
Online small and mid-sized businesses on Amazon.com, Inc. (NASDAQ:AMZN)’s platform are forced to accept a binding arbitration clause. Such clauses in the agreement make online sellers settle the disputes on an individual basis only and outside of the court. Sellers are barred from teaming up Amazon barred the sellers from […]
Amazon.com Inc. (NASDAQ:AMZN) has committed $278 million to the opening of two logistic centers in Italy this year. The company will open a new sortation center and a fulfillment center in the country by fall ahead of the holiday shopping season. Amazon to open new logistic centers in Italy The […]
Itau Unibanco (NYSE:ITUB) has selected amazon.com Inc.’s (NASDAQ:AMZN) Amazon Web Services (AWS) to be its strategic cloud provider. The bank seeks to enhance efficiency and increase agility in delivering customer-centric services. Pursuing digital transformation with AWS The Latin American bank will leverage AWS’s leading cloud to expedite digital transformation and […]
Amazon.com Inc. (NASDAQ:AMZN) faces antitrust charges from European Union regulators regarding abuse of its dominant position in the eCommerce space. Regulators have also opened a second probe about the e-commerce retailer’s business practices. European Commission accuses amazon of abusing antitrust regulations European Commission’s top antitrust officer, Margrethe Vestager, said that […]
Amazon.com Inc. (NASDAQ:AMZN) has said that this year’s Prime Day shopping event was a unique one whereby third-party sellers earned over $3.5 billion. This is an almost 60% increase in sales from a year ago and a record for small-sized and medium-sized businesses making up the marketplace. Small and Medium-sized […]