Amazon Likely To Invest $1 Bln A Year In Movies To Release In Theaters

Amazon's Prime Day Event On June 23-26 With Millions Of Deals

Amazon's Prime Day Event, its major deal event, is returning kicking off summer, with millions of exclusive and early deals for Prime Members from June 23 to 26. The offers include Amazon's best deals, from the season's biggest fashion trends and K-beauty favorites to summer of soccer essentials, patio furniture, and outdoor entertaining many at 50 percent off or more.

RTTNews | 101 days ago

Amazon To Cut 16,000 More Jobs In Addl. Organizational Changes

Tech and e-commerce major Amazon.com, Inc. announced its plan to cut approximately 16,000 jobs worldwide as part of additional organizational changes. Beth Galetti, Senior Vice President of People Experience and Technology at Amazon confirmed the decision, which was shared with Amazon employees earlier in the day. The company in October had announced plans to strengthen its organization...

RTTNews | 226 days ago

Amazon Plans $35 Bln Investment In India By 2030 To Boost AI Innovation

Tech and e-commerce major Amazon.com Inc. announced Wednesday its plans to invest more than $35 billion across all its businesses in India through 2030, aiming mainly to advance AI innovation and create more than 1 million jobs. The company, which so far has invested $40 billion in the country, expects to focus on business expansion as well as three strategic pillars...

RTTNews | 275 days ago

AWS Recovering After Major Outage Hits Companies, Services Worldwide

Amazon Web Services, following a major outage in its cloud computing service across the world, especiallly the United States, started recovering early Monday. AWS, tech major Amazon's cloud hosting provider, had went offline due to a problem with one of its core database products, affecting millions as it hit the websites and apps of major companies and critical services...

RTTNews | 326 days ago

Amazon Prime Big Deal Days On October 7-8

Kicking off the holiday shopping season, Amazon has announced the retun of Prime Big Deal Days, its major deal event, on October 7 to 8, with millions of exclusive and early deals for Prime Members. Along with the U.S., Prime Big Deal Days will begin on October 7 in Australia, Belgium, Brazil, Canada, France, Germany, Italy, Japan, Netherlands, Poland, Singapore, Spain, Sweden, and the UK.

RTTNews | 360 days ago

Amazon To Invest $4 Bln To Expand Speed Delivery To Rural Communities Across U.S

E-commerce giant Amazon has announced its plan to invest over $4 billion to expand speed delivery service to thousands of smaller cities, towns, and rural communities across the United States. For the first time, the company will be offering the convenience and reliability of Same-Day and Next-Day Delivery to millions of U.S. customers in more than 4,000 smaller cities, towns, and rural communiti

RTTNews | 444 days ago

UK Grocery Regulator Probes Amazon Over Alleged Delays In Payments

UK's Groceries Code Adjudicator or GCA announced the launch of a targeted investigation against e-commerce giant Amazon.com Inc. over alleged delays in payments to its suppliers. In a statement, the grocery regulator said the investigation is into whether Amazon has breached paragraph 5 of the Groceries Code, which indicates no delay in Payments, in relation to certain of its practices...

RTTNews | 448 days ago

Amazon Doubles Prime Day Event, Starting July 8 Through 11

E-commerce giant Amazon has announced Prime Day Event, its biggest deal event, with millions of exclusive deals for Prime Members, starting July 8 through July 11. Prime Day, traditionally a 2-day event, has now been doubled to 4 days for the first time. The 96-hours Prime Day offers Amazon's best deals of the season, including deals across more than 35 categories from fashion and beauty to groce

RTTNews | 451 days ago

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