Latest News, Updates & Breaking Headlines
Amazon is facing price-fixing allegations in California. According to a report by The New York Times, a newly unsealed filing released this week claims that the e-commerce giant pressured major brands like Levi’s and Hanes to influence pricing on rival platforms. The filing is part of an ongoing antitrust lawsuit filed by the US state…
Andy Jassy, CEO of Amazon Amazon has announced its plans to invest up to $25 billion in artificial intelligence startup Anthropic, expanding its partnership to build out AI infrastructure. According to a report by CNBC, the deal includes an immediate $5 billion investment, with up $20 billion more tied to commercial milestones. This comes on…
A group of scammers stole $4 million worth of products from Amazon, including graphics cards and laptops, by duping customer support through an elaborate refund scam. Amazon has filed a lawsuit in Washington state District Court accusing a group using the name RBK of getting millions in refunds for products that were never returned. A…
Jeff Bezos-owned Blue Origin launched the New Glenn rocket from Cape Canaveral, Florida, on April 19. The rocket was sent into orbit using the same booster from the previous mission, NG-2. This milestone advances Blue Origin’s reusable rocket capabilities for lower-cost orbital launches, following the mission’s partial success in attempting to deploy a direct-to-cellphone satellite…
Amazon is grappling with a growing internal mess of its own making. An internal document obtained by Business Insider reveals that the company’s aggressive push into AI is producing a surge of duplicate tools, orphaned data, and overlapping systems—a problem the document bluntly describes as getting “worse from both directions.“The document, marked “Amazon confidential” and…
Amazon is making a fresh push into China nearly seven years after shutting down its local marketplace, and this time the company is focusing on logistics rather than direct competition with domestic rivals. The e-commerce platform has launched its first Global Warehousing and Distribution (GWD) centre in Shenzhen, marking a new strategy aimed at supporting…
At 17, Juliane Koepcke was not chasing an adventure story. She was trying to get home for Christmas. On Dec. 24, 1971, she and her mother boarded LANSA Flight 508 in Lima, Peru, bound for Pucallpa and then their family’s research station in the Amazon. About 20 minutes before landing, the sky turned violent. A…
Amazon founder Jeff Bezos‘ ex-wife MacKenzie Scott has made her latest donation to Meals on Wheels America. The $70 million funding from Scott, who was also an early Amazon employee, will support meal delivery and care services for seniors and homebound individuals across the US. Scott’s donation is part of her broader philanthropic efforts, with…
Lauren Sanchez, wife of Amazon founder Jeff Bezos has reportedly adopted Amazon-style work habits in her role at Bezos Earth Fund. According to a report by New York Times, Sanchez has adopted certain corporate practices often associated with Bezos, including a preference for structured, written communication before meetings. One such practice involves asking teams to…
Even as Amazon and SpaceX continue to file complaint letters against each other with the US Federal Communications Commission (FCC), their billionaire founders exchanged a rare moment of public goodwill. Recently, Amazon founder Jeff Bezos shared a striking nighttime photograph of Blue Origin’s New Glenn rocket standing tall on the launch pad. The image shared…
