Amazon (company)
Some of the key events about Amazon (company)
- 1995Launched as an online bookstore, revolutionizing e-commerce
- 1999Introduced "1-Click" ordering, streamlining the online shopping process
- 1999Patented the "1-Click" ordering system, criticized for stifling e-commerce innovation
- 2000Implemented dynamic pricing, leading to accusations of price discrimination
- 2002Launched Amazon Web Services (AWS), providing cloud computing services
- 2005Introduced Amazon Prime, offering free two-day shipping for members
- 2007Released the first Kindle e-reader, transforming digital book consumption
- 2008Removed sales rankings for LGBTQ+ books, sparking controversy over censorship
- 2009Acquired Zappos for $1.2 billion, expanding into online shoe and clothing retail
- 2011Poor working conditions in warehouses exposed, including extreme heat and productivity pressures
- 2014Introduced Amazon Echo with Alexa, pioneering voice-activated smart home technology
- 2014Engaged in a dispute with publisher Hachette, delaying book shipments and removing pre-order buttons
- 2015New York Times exposé revealed harsh corporate culture and management practices
- 2017Acquired Whole Foods Market for $13.7 billion, entering the grocery industry
- 2017Announced search for second headquarters, criticized for creating a "bidding war" among cities
- 2018Became the second U.S. company to reach a $1 trillion market capitalization
- 2018Faced scrutiny for low wages and reliance on government subsidies for employee benefits
- 2019Canceled plans for New York City headquarters after local opposition to tax incentives
- 2020Pledged to be net-zero carbon across its business by 2040
- 2020Fired employees who spoke out about warehouse safety concerns during the COVID-19 pandemic
Disclaimer: This material is written based on information taken from open sources, including Wikipedia, news media, podcasts, and other public sources.
Amazon (company) Latest news
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Bezos Earth Fund CEO Urges Government Oversight of Carbon Markets
GOP Bill Seeks Transparency in Civil Lawsuit Funding
Italy Eyes Digital Tax Boost for 2025 Budget Amid US Concerns
Jameson's "The Years of Theory": Unraveling French Thought's Political Legacy
Major Firms Push for Nationwide Litigation Funding Disclosure Rule
Washington Post Appoints New Multiplatform Editing Chief
Tech Giants' Green Energy Gamble: Powering AI's Future
Diamond Sports to Cut MLB Ties, Leaving Teams in Broadcasting Limbo
UK PM Starmer's Crucial Pitch to Global Investors Amid Economic Challenges
FTC's Antitrust Case Against Amazon Advances in Federal Court
Disputed Kim Porter Book Vanishes from Amazon Amid Controversy
Amazon Pulls Controversial Memoir About Sean "Diddy" Combs and Kim Porter
Amazon's Legal Battle with NLRB Halts Union Bargaining Decision
Major Retailers Rally to Aid Hurricane Helene Victims Across Southeast
Amazon's NLRB Challenge Moved to D.C., Union Bargaining Proceeds
UK Watchdog Approves Amazon's $4 Billion AI Partnership with Anthropic
OpenAI's Pivot: Balancing Profit and Ethics in AI Development
American Eagle Takes Amazon to Court Over Trademark Misuse
Kim Porter's Children Refute Controversial Memoir Attributed to Late Model
Meta's AI Chatbot Adopts Celebrity Voices: A Step Too Far?
Harris Campaign Targets Gamers: IGN Ads Aim to Sway Young Male Voters
Biden to Meet Vietnam's Leader, Strengthening Ties Amid Global Shifts
Holiday Shoppers Set to Break Online Sales Records Amid Economic Mix
Amazon Leads $180M Carbon Credit Deal to Protect Namesake Rainforest
Pentagon's Tech Revolution: Bridging the Silicon Valley-Military Divide
Microsoft's Bold Move: Reviving Three Mile Island for AI Power Needs
FTC Slams Tech Giants for Inadequate User Privacy and Child Safety Measures
U.S. Appeals Court Grapples with NLRB Powers in Starbucks Case
Teamsters Break Tradition: No Presidential Endorsement Despite Trump Lead
IndoSpace Boosts Investment in Tamil Nadu, Riding India's Warehousing Boom
IndoSpace plans to increase its investment in Tamil Nadu by 41% over three years, capitalizing on India's growing warehousing market. The move aims to create over 8,000 new jobs in the state.
Bezos Earth Fund CEO Urges Government Oversight of Carbon Markets
Andrew Steer, CEO of the Bezos Earth Fund, calls for professional regulation of voluntary carbon markets at Reuters Impact conference. He emphasizes the need for government involvement in corporate climate targets.
GOP Bill Seeks Transparency in Civil Lawsuit Funding
Republican lawmakers introduce legislation requiring disclosure of third-party funding in civil lawsuits, aiming to increase transparency and address concerns about unnecessary litigation in the $15. 2 billion industry.
Italy Eyes Digital Tax Boost for 2025 Budget Amid US Concerns
Italy considers increasing digital services tax revenue for its 2025 budget, raising concerns about potential US retaliation. The move comes as global tax reform efforts stall and Italy seeks new funding sources.
Jameson's "The Years of Theory": Unraveling French Thought's Political Legacy
Fredric Jameson's book explores French theory's evolution, highlighting its political roots and relevance. The work challenges misconceptions and examines theory's potential in the neoliberal era.
Major Firms Push for Nationwide Litigation Funding Disclosure Rule
Over 100 leading companies urge U. S. courts to mandate third-party litigation funding disclosure. The move sparks debate between businesses and funders about transparency in legal proceedings.
Washington Post Appoints New Multiplatform Editing Chief
The Washington Post announces Brian Cleveland as the new multiplatform editing chief, leading a team of 49 copy editors. Cleveland brings 12 years of experience and a focus on efficiency to the role.
Tech Giants' Green Energy Gamble: Powering AI's Future
Major tech companies are rapidly securing green energy for AI data centers, balancing innovation with financial risks. The surge in power needs raises questions about sustainability and profitability in the AI era.
Diamond Sports to Cut MLB Ties, Leaving Teams in Broadcasting Limbo
Diamond Sports Group plans to terminate contracts with most MLB teams, except the Atlanta Braves, as part of its bankruptcy restructuring. This decision could affect broadcasting arrangements for about a dozen teams before the 2025 season.
UK PM Starmer's Crucial Pitch to Global Investors Amid Economic Challenges
UK Prime Minister Keir Starmer prepares to meet international investors, seeking to boost infrastructure investment and economic growth. Investors express concerns over utility regulation and budget plans amid post-Brexit uncertainties.
FTC's Antitrust Case Against Amazon Advances in Federal Court
A federal judge allows the FTC's monopoly case against Amazon to proceed, marking a significant step in the agency's efforts to regulate Big Tech. The ruling sets the stage for a landmark legal battle in e-commerce.
Disputed Kim Porter Book Vanishes from Amazon Amid Controversy
A contentious book about Kim Porter and Sean "Diddy" Combs was removed from Amazon following disputes over its authenticity. Porter's family vehemently denies the existence of any memoir, raising questions about publishing practices.
Amazon Pulls Controversial Memoir About Sean "Diddy" Combs and Kim Porter
Amazon removed a disputed memoir claiming to detail an abusive relationship between Sean "Diddy" Combs and Kim Porter. The book, denounced by their children, gained popularity following Combs' recent legal troubles.
Amazon's Legal Battle with NLRB Halts Union Bargaining Decision
U. S. appeals court temporarily blocks NLRB from ruling on Amazon-union bargaining case. The move follows Amazon's lawsuit challenging NLRB's constitutional authority, amid ongoing labor disputes.
Major Retailers Rally to Aid Hurricane Helene Victims Across Southeast
In the wake of Hurricane Helene's devastation, major retailers are mobilizing substantial resources for relief efforts. Walmart, Lowe's, and Home Depot lead with multimillion-dollar commitments and emergency response teams.
Amazon's NLRB Challenge Moved to D.C., Union Bargaining Proceeds
Federal judge relocates Amazon's lawsuit against NLRB from Texas to Washington, D. C., rejecting claims of local ties. Amazon fails to block NLRB ruling on JFK8 union bargaining, facing setback in labor dispute.
UK Watchdog Approves Amazon's $4 Billion AI Partnership with Anthropic
Britain's competition regulator clears Amazon's collaboration with AI firm Anthropic, citing insufficient market impact. The deal faces ongoing scrutiny in the US amid concerns over Big Tech's AI dominance.
OpenAI's Pivot: Balancing Profit and Ethics in AI Development
OpenAI, creator of ChatGPT, considers restructuring as a for-profit entity. This move raises questions about balancing technological advancement with ethical concerns in AI development.
American Eagle Takes Amazon to Court Over Trademark Misuse
American Eagle Outfitters files lawsuit against Amazon for alleged trademark infringement of its Aerie brands. The retailer seeks damages and cessation of unauthorized use in sponsored ads and search results.
Kim Porter's Children Refute Controversial Memoir Attributed to Late Model
The offspring of Kim Porter and Sean "Diddy" Combs denounce a purported tell-all book, asserting their mother never authored such a work. The controversial publication emerged shortly before Combs' recent legal troubles.
Meta's AI Chatbot Adopts Celebrity Voices: A Step Too Far?
Meta introduces AI-generated celebrity voices for its chatbot, raising concerns about the future of human-AI interactions and the ethical implications of using real people's voices in artificial intelligence.
Harris Campaign Targets Gamers: IGN Ads Aim to Sway Young Male Voters
Democratic nominee Kamala Harris's campaign launches ads on IGN, the world's largest gaming media outlet, to reach young male voters. The strategy includes celebrity involvement and focuses on battleground states.
Biden to Meet Vietnam's Leader, Strengthening Ties Amid Global Shifts
President Biden set to meet Vietnam's To Lam at UN, aiming to deepen strategic relations. The talks follow Vietnam's engagement with U.S. businesses, highlighting growing economic and diplomatic ties.
Holiday Shoppers Set to Break Online Sales Records Amid Economic Mix
Online holiday spending projected to hit $240. 8 billion, up 8.4% from last year. Consumers seek high-end items on discount, while economic factors create a mixed spending landscape.
Amazon Leads $180M Carbon Credit Deal to Protect Namesake Rainforest
Amazon and other firms invest $180 million in carbon credits to conserve Brazil's Para rainforest. This LEAF Coalition deal marks a significant step in preserving the world's largest carbon sink.
Pentagon's Tech Revolution: Bridging the Silicon Valley-Military Divide
The Defense Innovation Unit's efforts to modernize military technology face challenges and successes. Despite bureaucratic hurdles, commercial tech is reshaping warfare, but its transformative impact remains debated.
Microsoft's Bold Move: Reviving Three Mile Island for AI Power Needs
Microsoft plans to purchase all power from a revived Three Mile Island nuclear plant, marking an unprecedented deal in the tech industry's quest for clean energy to fuel AI development.
FTC Slams Tech Giants for Inadequate User Privacy and Child Safety Measures
FTC report criticizes major tech companies for insufficient user privacy protection and child safety measures. The study reveals widespread data collection practices and lack of user control over personal information.
U.S. Appeals Court Grapples with NLRB Powers in Starbucks Case
Judges struggle to define limits of labor board's authority in Starbucks appeal. Case centers on reimbursement for expenses stemming from unlawful firings, raising questions about NLRB's remedial powers.
Teamsters Break Tradition: No Presidential Endorsement Despite Trump Lead
The International Brotherhood of Teamsters has decided not to endorse any U. S. presidential candidate, breaking a long-standing tradition. This decision comes despite internal polling showing member preference for Trump over Harris.