Amazon’s fulfillment buildout gives big boost to target price: Mahaney Evercore ISI senior managing director Mark Mahaney raises Amazon’s target price as the company ramps up new distribution capacity to
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Rivian, electric vehicle maker backed by Amazon and Ford, files to go public
Rivian Automotive, electric vehicle maker backed by Amazon and Ford, filed for an initial public offering on the Nasdaq. Its paperwork shows Rivian had a $994 million net loss on
Continue reading »Bonkers Amazon Astro robot ‘could record SECRET footage of you at home’
AMAZON'S new camera-equipped robot has been described by the firm's own employees as a "privacy nightmare", according to a report. Leaked internal documents seen by Vice reveal that staff tasked
Continue reading »Amazon boosts pay, targets 125,000 new hires amid labour shortage
Amazon.com boosted pay as it looks to hire 125,000 warehouse and shipping workers amid a tight US labour market. The e-commerce giant said starting wages for open jobs in logistics
Continue reading »Amazon to open 2 cashier-less Whole Foods stores next year
Fox Business Flash top headlines for September 7 Check out what’s clicking on FoxBusiness.com. There will be something missing at two Whole Foods stores opening next year: the rows of
Continue reading »The Mystery of Narayana Murthy’s Retail Biz
In a short span of time, with the help of Amazon, Cloudtail was able to devise a model that could protect it from the vagaries of online retail business.Sai Manish
Continue reading »Amazon asks Sebi to comply with SC order
In its more than 6,000 page filing, Future has reportedly argued that if the deal with Reliance doesn’t go through, it would cause ‘unimaginable’ damage to the group. US e-commerce
Continue reading »Will end of Bezos-Murthy’s e-com JV hit Amazon’s biz?
The end of the JV could see several small businesses running from pillar to post to reconfigure themselves and re-enter the market in their individual capacity. Last year in January
Continue reading »Earnings Previews: Amazon, First Solar, T-Mobile
Now that three of the five largest U.S. traded companies have reported June quarter earnings, we are looking forward to the remaining two. One of those, Facebook, along with Ford,
Continue reading »Amazon begins new chapter as Bezos hands over CEO role
Amazon founder Jeff Bezos stepped down as CEO on Monday (US time), handing over the reins as the company navigates the challenges of a world fighting to emerge from the
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