amazon.com

  1. Hanno Labuschagne

    Amazon sellers slapped with fuel surcharge

    Amazon sellers slapped with fuel surcharge Amazon.com will start charging sellers who use its shipping services a 3.5% “fuel and logistics” surcharge later this month, joining the ranks of shipping companies raising prices as the war in Iran pushes oil prices higher. The fees take effect on 17...
  2. Hanno Labuschagne

    Project Hail Mary a hit at the Box Office

    Project Hail Mary a hit at the Box Office Project Hail Mary, from Amazon.com’s Metro-Goldwyn-Mayer studio, was the No. 1 film at the US and Canadian box office this weekend with $80.5 million worth of tickets, scoring the highest-grossing debut of any movie this year. The film’s performance in...
  3. Hanno Labuschagne

    Amazon research discovers small hacking group used AI to break into 600 firewalls in five weeks

    Amazon research discovers small hacking group used AI to break into 600 firewalls in five weeks Over the last five weeks, a limited number of hackers broke into more than 600 firewalls across dozens of countries with the help of widely available artificial intelligence tools, according to...
  4. Hanno Labuschagne

    Amazon begins testing Leo satellite service with businesses

    Amazon begins testing Leo satellite service with businesses Amazon Leo, the recently rebranded satellite-internet system meant to rival SpaceX’s Starlink, has begun previewing its service for a select group of customers, ahead of a wider public rollout planned for next year. Amazon.com said in...
  5. Hanno Labuschagne

    Amazon will sell used Fords on marketplace

    Amazon will sell used Fords on marketplace Ford Motor has struck a deal with Amazon.com to sell certified used cars through its e-commerce website, becoming the second major automaker to reach customers through the massive online retailer. Ford joins Hyundai Motor on the Amazon Autos portal...
  6. Hanno Labuschagne

    US Congress Report accuses Amazon of ignoring own worker safety recommendations to benefit business

    US Congress Report accuses Amazon of ignoring own worker safety recommendations to benefit business Amazon.com Inc. leaders rejected internal recommendations that the company relax warehouse worker productivity rates to curb injuries, according to a report from a congressional committee...
  7. Hanno Labuschagne

    Bezos retakes world's richest crown from Musk

    Bezos retakes world's richest crown from Musk For the first time in more than nine months, Elon Musk is no longer the world’s richest person. Musk lost his position atop the Bloomberg Billionaires Index to Jeff Bezos after shares in Tesla Inc. tumbled 7.2% on Monday. [Bloomberg]
  8. Hanno Labuschagne

    Jeff Bezos sells R38.07 billion in Amazon stock

    Jeff Bezos sells R38.07 billion in Amazon stock Jeff Bezos unloaded 12 million shares of Amazon.com Inc. this week, the first time the billionaire has sold the company’s stock since 2021. The sales took place on Wednesday and Thursday and netted just over $2 billion (R38.07 billion), according...
  9. Hanno Labuschagne

    Amazon.com adds Rufus AI assistant for online shopping

    Amazon.com adds Rufus AI assistant for online shopping Amazon.com Inc. is adding an artificial intelligence shopping companion to its retail store in an effort to help shoppers comparison shop and seek answers to queries more complicated than a keyword search. Called Rufus, the shopping...
  10. Hanno Labuschagne

    Amazon slashes clothing sellers fees in apparent bid to take on Shein's low-cost dominance

    Amazon slashes clothing sellers fees in apparent bid to take on Shein's low-cost dominance Amazon.com Inc. is sharply cutting fees for merchants selling clothing priced below $20, a sign it’s hunkering down for a price war with Chinese fast-fashion upstart Shein. On Tuesday, Amazon announced...
  11. Hanno Labuschagne

    Amazon sued by FTC for “monopolising” online marketplace services and seller overchargers

    Amazon sued by FTC for “monopolising” online marketplace services and seller overchargers The US Federal Trade Commission sued Amazon.com Inc. in a long-anticipated antitrust case, accusing the e-commerce giant of monopolising online marketplace services by degrading quality for shoppers and...
  12. Hanno Labuschagne

    Amazon pouring up to R75.3 billion into Anthropic

    Amazon pouring up to R75.3 billion into Anthropic Amazon.com Inc. will invest as much as $4 billion (R75.29 billion) in Anthropic, bagging a crucial partner in its effort to become a major player in generative artificial intelligence and offering a vote of confidence in the hot startup. As...
  13. Hanno Labuschagne

    Amazon veteran Dave Limp appointed as Blue Origin CEO

    Amazon veteran Dave Limp appointed as Blue Origin CEO Blue Origin LLC, the closely held spaceflight company founded by Jeff Bezos, is replacing its chief executive officer with veteran Amazon.com Inc. executive Dave Limp. Current CEO Bob Smith is stepping down and will be succeeded by Limp...
  14. Hanno Labuschagne

    Amazon showcases upgraded Alexa and rolls out new products

    Amazon showcases upgraded Alexa and rolls out new products Amazon.com Inc. made a pitch to keep Alexa relevant in the age of generative artificial intelligence, promising a set of features that will make the software more conversational. During an event Wednesday at the company’s campus in...
  15. Hanno Labuschagne

    Amazon let employees enter into illegal secrecy agreements — US labour board

    Amazon let employees enter into illegal secrecy agreements — US labour board US Labour Board prosecutors accused Amazon.com Inc. of imposing illegal secrecy rules on its staff, which could ultimately force the company to change its confidentiality rules. In a Monday complaint, the National...
  16. Hanno Labuschagne

    TikTok's online shop is peddling counterfeit goods

    TikTok's online shop is peddling counterfeit goods TikTok’s Shop marketplace, the video app’s biggest bet for new revenue growth, has gone live for some users in the US. So far, it’s a showcase for cheap goods from China. The social media app’s Shop option, prominently displayed between the...
  17. Hanno Labuschagne

    Big antitrust lawsuit coming Amazon's way

    Big antitrust lawsuit coming Amazon's way The Federal Trade Commission is likely to sue Amazon.com Inc. later this month, capping a four-year antitrust investigation into the company, people familiar with the matter said Tuesday. The antitrust suit is expected to target the online retail...
  18. Hanno Labuschagne

    Amazon adds three execs to S-team

    Amazon adds three execs to "S-team" Amazon.com Inc. has added three executives to chief executive officer Andy Jassy’s senior leadership team, two from the cloud-computing unit and one who leads the company’s robotaxi subsidiary. Dave Brown, Aicha Evans, and Swami Sivasubramanian are joining...
  19. Hanno Labuschagne

    Bezos buys a new R1.3-billion mansion in Florida

    Bezos buys a new R1.3-billion mansion in Florida Jeff Bezos is adding a waterfront mansion in Florida to his rapidly expanding real estate empire. The Amazon.com Inc. founder, and the world’s third-richest person, agreed to pay $68 million (R1.28 billion) for an estate in Indian Creek, a...
  20. Hanno Labuschagne

    Amazon expanding robots to massive new warehouse in Australia

    Amazon expanding robots to massive new warehouse in Australia Amazon.com Inc.’s Australian branch is set to move into the country’s biggest warehouse, where a fleet of robots will help operate a facility the size of about 29 soccer pitches. The 209,000 square metre four-level fulfilment centre...
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