ALL POSTS FILED UNDER: AMAZON
Amazon and Microsoft to face cloud computing competition probe
Add a CommentThe UK’s cloud computing market is to face a competition probe over concerns it is being dominated by Amazon and Microsoft. Media watchdog Ofcom said the two make up 70-80% of the sector in the UK, while closest rival Google … Read more →
US accuses Amazon of illegal monopoly
Add a CommentUS regulators have sued Amazon, alleging that the internet giant is illegally maintaining monopoly power. The Federal Trade Commission (FTC) said Amazon uses “a set of interlocking anticompetitive and unfair strategies” to push up prices and stifle competition. Amazon said … Read more →
California says Amazon’s dominance drives up online prices
Add a CommentThe state of California has accused Amazon of violating competition law with practices that prevent sellers from offering lower prices elsewhere. The lawsuit from America’s most populous state says the moves have hurt rivals and made online shopping more expensive … Read more →
Amazon restricts LGBT goods in United Arab Emirates
Add a CommentOnline retail giant Amazon has restricted search results related to LGBT people and issues on its website in the United Arab Emirates (UAE). The firm took the step after reportedly coming under pressure from authorities in the Gulf state. Same-sex … Read more →
Amazon beefs up Covid testing capabilities
Add a CommentAmazon is to expand its Covid testing lab facilities in the UK as the pandemic continues. The online giant said this was to benefit employees and UK public health. However, analysts said it could also provide business opportunities in the … Read more →
Amazon ‘in talks to buy MGM Studios for $9bn’
Add a CommentAmazon is reportedly in talks to buy the historic MGM Studios for $9bn (£6.35bn). MGM is one of Hollywood’s most famous studios, with its Leo the Lion logo and an almost century-long history. The sale would give the tech giant’s … Read more →
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(Nana Kwesi)