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Tag: Amazon

FTC sues Amazon for alleged deceptive Prime subscription practices

FTC sues Amazon for alleged deceptive Prime subscription practices

by Infochat June 21, 2023

The Federal Trade Commission (FTC) filed a lawsuit against Amazon on June 21, 2023, alleging that the company used deceptive techniques to sell its Prime subscription service. The FTC’s complaint…

Amazon to close all physical bookstores and shops

Amazon to close all physical bookstores and shops

by Infochat March 8, 2022

Amazon announced that it will close 68 physical retail stores across the U.S. and U.K., including its Amazon Books bookstores, its pop-up shops in various markets and its 4-star stores.…

Amazon signs ‘Climate Pledge’; promises to tackle climate change

Amazon signs ‘Climate Pledge’; promises to tackle climate change

by webdev September 20, 2019

Amazon CEO Jeff Bezos promised to tackle climate change as it became the first company to sign the “Climate Pledge” where the retail giant committed to meet the goals of…

Jeff Bezos to retain Amazon voting control after divorce

Jeff Bezos to retain Amazon voting control after divorce

by webdev April 5, 2019

Jeff and MacKenzie Bezos have announced their agreement for a divorce, leaving Mr. Bezos with the voting control over all his ex-wife’s shares and keeping 75 percent of their co-owned…

Oxfam report indicates rich people are getting richer

Oxfam report indicates rich people are getting richer

by Infochat January 22, 2019

The world’s 26 richest people now own the same wealth as the poorest half of humanity, with inequality spiralling out of control. International non-profit organization Oxfam released a report that…

Amazon places second most valuable U.S.-listed company

Amazon places second most valuable U.S.-listed company

by Infochat March 26, 2018

Amazon.com became the second most valuable publicly listed U.S. company surpassing Google parent Alphabet Inc. for the first time. Amazon shares finished up to 2.69 percent at $1,586.51 for a…

Is Amazon releasing its own messaging app called “Anytime”?

Is Amazon releasing its own messaging app called “Anytime”?

by Infochat July 17, 2017

Amazon.com is reportedly working on having its own messaging app called Anytime. In a report published by AFTVnews, Amazon has begun surveying customers about a new messaging service to gauge…

Amazon CEO Jeff Bezos asks for ideas on how he should donate his money

Amazon CEO Jeff Bezos asks for ideas on how he should donate his money

by Infochat June 19, 2017

Amazon CEO and Founder Jeff Bezos asked his followers on how he should donate his money. With an estimated net worth of US$84.1 billion as of June 2017, Bezos said…

Alphabet, Amazon, and Facebook dominate LinkedIn’s 2017 Top Companies list

Alphabet, Amazon, and Facebook dominate LinkedIn’s 2017 Top Companies list

by Infochat May 29, 2017

Technology companies like Alphabet, Amazon, Facebook, Salesforce and Uber dominated LinkedIn’s Top Companies list for 2017. These are the companies where the world wants to work now. The Top Companies…

Apple, Microsoft, Yahoo, Amazon & Cisco stand by Google in fight against FBI

Apple, Microsoft, Yahoo, Amazon & Cisco stand by Google in fight against FBI

by Infochat March 17, 2017

Tech giants Apple, Microsoft, Amazon, and Cisco filed a legal brief in support of Google in relation to a Pennsylvania court asking for information about three Gmail accounts stored overseas.…

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