Archive for Tag: Amazon

Technical Analysis

AMAZON: WEEKLY SCENARIO – 15 February 2022

AMAZON Technical Analysis: Weekly Chart In the weekly charts, AMAZON is trading in the down channel. It is trading below all SMA. The immediate support is 3017.43 & the resistance level is at 3173.35. AMAZON is trading in the down-channel until there is a trend reversal AMAZON Technical Analysis:...

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Amazon files new legal challenges in dispute with Future Group

Amazon.com Inc (NASDAQ:AMZN) is trading down 0.43% at 3251.08 Amazon.com Inc (NASDAQ:AMZN) has filed fresh legal challenges in its long-running dispute with Indian retailer Future Group after the national antitrust agency suspended a 2019 deal between the two sides, leading to a halt in their arbitration, four sources told...

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Italy fines Amazon record $1.3 billion for abuse of market dominance

Amazon (NASDAQ:AMZN) is trading flat at 3523.16 Italy’s antitrust watchdog said on Thursday it had fined Amazon (NASDAQ:AMZN) 1.13 billion euros ($1.28 billion) for alleged abuse of market dominance, in one of the biggest penalties imposed on a U.S. tech giant in Europe. Amazon said it “strongly disagreed” with...

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U.S. lawmakers call for privacy legislation after Reuters report on Amazon lobbying

Amazon.com Inc (NASDAQ:AMZN) is trading down 0.53% at 3676.57 Five members of Congress called for federal consumer-privacy legislation after a Reuters report published Friday revealed how Amazon.com Inc (NASDAQ:AMZN)has led an under-the-radar campaign to gut privacy protections in 25 states while amassing a valuable trove of personal data on...

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Five U.S. lawmakers accuse Amazon of possibly lying to Congress following Reuters report

Amazon.com Inc (NASDAQ: AMZN) is trading up 3.31% at 3409.02 Five members of the U.S. House Judiciary Committee wrote to Amazon.com Inc (NASDAQ: AMZN)’s chief executive Sunday and accused the company’s top executives, including founder Jeff Bezos, of either misleading Congress or possibly lying to it about Amazon’s business...

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UK drivers delivering for Amazon seek employee rights

Amazon (NASDAQ:AMZN) is trading up 0.03% at 3247.33 Thousands of Britons delivering items for Amazon (NASDAQ:AMZN)should receive entitlements such as the minimum wage, according to a law firm which is launching an employee rights claim against the U.S. giant. At least 3,000 people making deliveries via ‘Delivery Service Partners’...

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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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