Archive for Tag: AMAZON INC. Market News

Amazon Trading

Amazon Up 1% as It Shrugs Off Twitch Data Hack

Amazon (NASDAQ:AMZN) Inc is trading up 1.27% at 3262.01        Amazon (NASDAQ:AMZN) traded 1.1% higher in Thursday’s premarket as it attempted to allay fears over the data hack at Twitch Interactive, a company it acquired in 2014 for about $970 million. Twitch is an American video live streaming service focusing...

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Amazon settles with employees allegedly fired for criticizing working conditions

Amazon (NASDAQ:AMZN) is trading down 0.45% at 3301.12 Amazon.com Inc and the U.S. National Labor Relations Board (NLRB) said on Wednesday the company had reached a settlement with two former employees who alleged they were fired last year for criticizing the working conditions at the e-commerce giant’s warehouses. Amazon...

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Amazon to start offering insurance to UK businesses

Amazon.com Inc (NASDAQ:AMZN) is trading up 0.28% at 3425.52 Amazon.com Inc (NASDAQ:AMZN) is to start offering insurance to small and medium-sized UK business customers, the technology giant’s first foray into business insurance in the country, broker Superscript said on Monday. Members of Amazon’s Business Prime programme will be able...

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Amazon to proactively remove more content that violates rules from cloud service

Amazon (NASDAQ:AMZN) is trading down 0.46% at 3463.12 Amazon.com Inc plans to take a more proactive approach to determine what types of content violate its cloud service policies, such as rules against promoting violence, and enforce its removal, according to two sources, a move likely to renew debate about...

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Amazon to pay shoppers hurt by others’ products, does not admit liability

Amazon.com Inc (NASDAQ:AMZN)is trading down 0.09% at 3341.87 Amazon.com Inc (NASDAQ: AMZN) on Tuesday said it would pay customers who suffer injuries or property damage from defective goods others sell on its U.S. platform, in a new policy that could reduce litigation. For years, consumers have sued the world’s largest...

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Amazon launches free one-day delivery in Brazil amid fierce competition

Amazon.com Inc (NASDAQ:AMZN)is trading up 1.04% at 3366.24 E-commerce giant Amazon.com Inc (NASDAQ:AMZN)started to offer its Brazilian Prime subscribers free one-day delivery in 50 cities on Wednesday, amid fierce market competition in Latin America’s largest economy. The move comes as rivals such as MercadoLibre (NASDAQ:MELI) and Magazine Luiza are...

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Amazon Gains Amid Talk of Digital Currency Foray, Cryptos Jump

Amazon (NASDAQ:AMZN) is trading up 0.51% at 3656.64 Amazon (NASDAQ:AMZN) stock was trading higher in Monday’s premarket amid speculation that the Cloud and retail giant is exploring venturing into digital currencies. It emerged last week that the U.S.’s biggest e-commerce company had advertised a vacancy for a digital currency...

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Amazon restores services after multiple users face outage

Multiple users experienced a brief outage at Amazon.com Inc’s platforms including Alexa and Prime Video late Wednesday before services were restored, according to outage monitoring website Downdetector. More than 6,200 user reports had indicated issues with Amazon’s online store site, as of 0148 GMT, while about 1,700 users reported...

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Amazon to ask staff to return to office for three days a week

Amazon.com Inc said on Thursday some corporate employees will be offered the option to return to office for three days a week and work remotely for the other two days. Employees in frontline roles such as hardware engineers will continue to work onsite, Amazon said. Amazon will also give...

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