Amazon

    • Amazon vows to wipe forbidden content from its clouds

      Amazon vows to wipe forbidden content from its clouds

      US giant Amazon vowed to step up efforts to remove all forbidden content from its cloud services. The targeted topics include those promoting violence. Over the next months, Amazon will hire a small group of people in its Amazon Web Services (AWS) division to develop expertise and work with outside researchers to monitor for future threats, Reuters reported.

      63
    • Amazon opens 55,000 new jobs to fuel expansion plans

      Amazon opens 55,000 new jobs to fuel expansion plans

      US Amazon announced massive expansion plans which include the recruitment of tens of thousands new employees. The company vows to appoint some 55,000 new staff globally with emphasis on corporate jobs and roles in robotics, research and engineering, BBC reported. The main lot or about 40,000 jobs will be based in the US, another 2,500 are envisaged for the UK and the remainder mostly in India, Germany and Japan.

      44
    • India renews antitrust probe on Amazon, Flipkart

      India renews antitrust probe on Amazon, Flipkart

      India Supreme Court announced it had ruled that antitrust investigations into business practices of Amazon and Walmart's Flipkart must be renewed. The two e-commerce companies appealed to the court to stop the probes, Reuters reported. The Indian Competition Commission (CCI) ordered the investigation against the two companies last year for allegedly promoting select sellers on their platforms and using business practices that suppress the competition.

      67
    • President Radev: Implementing Three Seas priority projects will be game changer

      President Radev: Implementing Three Seas priority projects will be game changer

      The implementation of the priority projects of the Three Seas Initiative will dramatically change the situation in the sustainable development of the region and Europe as a whole, Bulgarian President Rumen Radev said in his opening address at the Sixth Summit of the Three Seas Initiative in Sofia on Friday. “The constant development of those projects, of which there are 90 in 2021, is a sign of the level of our ambitions,” he said.

      115
    • Amazon stays on top as world’s most valuable brand

      Amazon stays on top as world’s most valuable brand

      Amazon and Apple are ranked as the world’s most valuable brands, Reuters reported. The ranking is based on Kantar’s BrandZ survey. Still results show that Chinese brands are rising up the leaders list and are more valuable than Europe’s top brands. The e-commerce firm Amazon remained the world's most valuable brand with an estimated value of $684 billion, followed by Apple. The high tech conglomerate is valued at $612 billion and Google at $458 billion ranks third, Kantar said.

      103
    • Amazon made $9bn offer for MGM

      Amazon made $9bn offer for MGM

      Amazon is into heavy negotiations to acquire MGM for about $9bn, industry sources told Variety today. According to the news outlet, the tech giant has reportedly been negotiating a deal for "weeks", which confirms information first reported on Monday that Amazon was in talks for a potential deal that could run between $7bn and $10bn.

      107