Amazon (company)

Amazon.com, Inc., doing business as Amazon, is an American multinational technology company, engaged in e-commerce, cloud computing, online advertising, digital streaming, and artificial intelligence. It is considered one of the Big Five American technology companies; the other four are Alphabet, Apple, Meta, and Microsoft.
amazon-company

Some of the key events about Amazon (company)

  • 1995
    Launched as an online bookstore, revolutionizing e-commerce
  • 1999
    Introduced "1-Click" ordering, streamlining the online shopping process
  • 1999
    Patented the "1-Click" ordering system, criticized for stifling e-commerce innovation
  • 2000
    Implemented dynamic pricing, leading to accusations of price discrimination
  • 2002
    Launched Amazon Web Services (AWS), providing cloud computing services
  • 2005
    Introduced Amazon Prime, offering free two-day shipping for members
  • 2007
    Released the first Kindle e-reader, transforming digital book consumption
  • 2008
    Removed sales rankings for LGBTQ+ books, sparking controversy over censorship
  • 2009
    Acquired Zappos for $1.2 billion, expanding into online shoe and clothing retail
  • 2011
    Poor working conditions in warehouses exposed, including extreme heat and productivity pressures
  • 2014
    Introduced Amazon Echo with Alexa, pioneering voice-activated smart home technology
  • 2014
    Engaged in a dispute with publisher Hachette, delaying book shipments and removing pre-order buttons
  • 2015
    New York Times exposé revealed harsh corporate culture and management practices
  • 2017
    Acquired Whole Foods Market for $13.7 billion, entering the grocery industry
  • 2017
    Announced search for second headquarters, criticized for creating a "bidding war" among cities
  • 2018
    Became the second U.S. company to reach a $1 trillion market capitalization
  • 2018
    Faced scrutiny for low wages and reliance on government subsidies for employee benefits
  • 2019
    Canceled plans for New York City headquarters after local opposition to tax incentives
  • 2020
    Pledged to be net-zero carbon across its business by 2040
  • 2020
    Fired 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

FTC's Antitrust Case Against Amazon Advances in Federal Court

FTC's Antitrust Case Against Amazon Advances in Federal Court

October 2 2024, 09:43 AM  •  17 views
Disputed Kim Porter Book Vanishes from Amazon Amid Controversy

Disputed Kim Porter Book Vanishes from Amazon Amid Controversy

October 1 2024, 11:27 PM  •  548 views
Amazon Pulls Controversial Memoir About Sean "Diddy" Combs and Kim Porter

Amazon Pulls Controversial Memoir About Sean "Diddy" Combs and Kim Porter

October 1 2024, 11:11 PM  •  221 views
Amazon's Legal Battle with NLRB Halts Union Bargaining Decision

Amazon's Legal Battle with NLRB Halts Union Bargaining Decision

October 1 2024, 10:16 PM  •  47 views
Major Retailers Rally to Aid Hurricane Helene Victims Across Southeast

Major Retailers Rally to Aid Hurricane Helene Victims Across Southeast

September 30 2024, 10:02 PM  •  32 views
Amazon's NLRB Challenge Moved to D.C., Union Bargaining Proceeds

Amazon's NLRB Challenge Moved to D.C., Union Bargaining Proceeds

September 30 2024, 09:47 PM  •  69 views
UK Watchdog Approves Amazon's $4 Billion AI Partnership with Anthropic

UK Watchdog Approves Amazon's $4 Billion AI Partnership with Anthropic

September 27 2024, 03:48 PM  •  751 views
OpenAI's Pivot: Balancing Profit and Ethics in AI Development

OpenAI's Pivot: Balancing Profit and Ethics in AI Development

September 27 2024, 10:32 AM  •  64 views
American Eagle Takes Amazon to Court Over Trademark Misuse

American Eagle Takes Amazon to Court Over Trademark Misuse

September 27 2024, 09:15 AM  •  0 views
Kim Porter's Children Refute Controversial Memoir Attributed to Late Model

Kim Porter's Children Refute Controversial Memoir Attributed to Late Model

September 27 2024, 09:14 AM  •  0 views
Meta's AI Chatbot Adopts Celebrity Voices: A Step Too Far?

Meta's AI Chatbot Adopts Celebrity Voices: A Step Too Far?

September 26 2024, 08:11 AM  •  5806 views
Harris Campaign Targets Gamers: IGN Ads Aim to Sway Young Male Voters

Harris Campaign Targets Gamers: IGN Ads Aim to Sway Young Male Voters

September 25 2024, 01:05 PM  •  3264 views
Biden to Meet Vietnam's Leader, Strengthening Ties Amid Global Shifts

Biden to Meet Vietnam's Leader, Strengthening Ties Amid Global Shifts

September 25 2024, 12:53 PM  •  470 views
Holiday Shoppers Set to Break Online Sales Records Amid Economic Mix

Holiday Shoppers Set to Break Online Sales Records Amid Economic Mix

September 25 2024, 12:04 PM  •  594 views
Amazon Leads $180M Carbon Credit Deal to Protect Namesake Rainforest

Amazon Leads $180M Carbon Credit Deal to Protect Namesake Rainforest

September 24 2024, 11:11 AM  •  592 views
Pentagon's Tech Revolution: Bridging the Silicon Valley-Military Divide

Pentagon's Tech Revolution: Bridging the Silicon Valley-Military Divide

September 20 2024, 06:51 PM  •  691 views
Microsoft's Bold Move: Reviving Three Mile Island for AI Power Needs

Microsoft's Bold Move: Reviving Three Mile Island for AI Power Needs

September 20 2024, 11:04 AM  •  533 views
FTC Slams Tech Giants for Inadequate User Privacy and Child Safety Measures

FTC Slams Tech Giants for Inadequate User Privacy and Child Safety Measures

September 19 2024, 01:14 PM  •  473 views
U.S. Appeals Court Grapples with NLRB Powers in Starbucks Case

U.S. Appeals Court Grapples with NLRB Powers in Starbucks Case

September 18 2024, 09:09 PM  •  518 views
Teamsters Break Tradition: No Presidential Endorsement Despite Trump Lead

Teamsters Break Tradition: No Presidential Endorsement Despite Trump Lead

September 18 2024, 08:19 PM  •  777 views
IndoSpace Boosts Investment in Tamil Nadu, Riding India's Warehousing Boom

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.

Business, Economics, Culture • October 8 2024, 09:26 AM  •  11024 views
Bezos Earth Fund CEO Urges Government Oversight of Carbon Markets

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.

Business, Politics, Science • October 8 2024, 12:00 AM  •  4710 views
GOP Bill Seeks Transparency in Civil Lawsuit Funding

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.

Business, Politics • October 7 2024, 09:27 PM  •  371 views
Italy Eyes Digital Tax Boost for 2025 Budget Amid US Concerns

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.

Economics, Politics • October 7 2024, 12:14 PM  •  586 views
Jameson's "The Years of Theory": Unraveling French Thought's Political Legacy

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.

Society, Politics, Culture • October 4 2024, 06:53 PM  •  474 views
Major Firms Push for Nationwide Litigation Funding Disclosure Rule

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.

Business, Economics • October 3 2024, 10:27 PM  •  422 views
Washington Post Appoints New Multiplatform Editing Chief

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.

Business, Politics • October 3 2024, 02:38 PM  •  2539 views
Tech Giants' Green Energy Gamble: Powering AI's Future

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.

Business, Economics, Science • October 3 2024, 10:22 AM  •  493 views
Diamond Sports to Cut MLB Ties, Leaving Teams in Broadcasting Limbo

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.

Business, Sports, Economics • October 2 2024, 07:30 PM  •  671 views
UK PM Starmer's Crucial Pitch to Global Investors Amid Economic Challenges

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.

Economics, Politics • October 2 2024, 09:59 AM  •  74 views
FTC's Antitrust Case Against Amazon Advances in Federal Court

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.

Business, Economics, Politics • October 2 2024, 09:43 AM  •  17 views
Disputed Kim Porter Book Vanishes from Amazon Amid Controversy

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.

Society, Culture • October 1 2024, 11:27 PM  •  548 views
Amazon Pulls Controversial Memoir About Sean "Diddy" Combs and Kim Porter

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.

Society, Culture • October 1 2024, 11:11 PM  •  221 views
Amazon's Legal Battle with NLRB Halts Union Bargaining Decision

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.

Business, Politics • October 1 2024, 10:16 PM  •  47 views
Major Retailers Rally to Aid Hurricane Helene Victims Across Southeast

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.

Society, Business • September 30 2024, 10:02 PM  •  32 views
Amazon's NLRB Challenge Moved to D.C., Union Bargaining Proceeds

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.

Business, Politics • September 30 2024, 09:47 PM  •  69 views
UK Watchdog Approves Amazon's $4 Billion AI Partnership with Anthropic

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.

Business, Science • September 27 2024, 03:48 PM  •  751 views
OpenAI's Pivot: Balancing Profit and Ethics in AI Development

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.

Business, Science • September 27 2024, 10:32 AM  •  64 views
American Eagle Takes Amazon to Court Over Trademark Misuse

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.

Society, Business • September 27 2024, 09:15 AM  •  0 views
Kim Porter's Children Refute Controversial Memoir Attributed to Late Model

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.

Society, Culture • September 27 2024, 09:14 AM  •  0 views
Meta's AI Chatbot Adopts Celebrity Voices: A Step Too Far?

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.

Society, Culture • September 26 2024, 08:11 AM  •  5806 views
Harris Campaign Targets Gamers: IGN Ads Aim to Sway Young Male Voters

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.

Politics, Culture • September 25 2024, 01:05 PM  •  3264 views
Biden to Meet Vietnam's Leader, Strengthening Ties Amid Global Shifts

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.

Economics, Politics • September 25 2024, 12:53 PM  •  470 views
Holiday Shoppers Set to Break Online Sales Records Amid Economic Mix

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.

Business, Economics • September 25 2024, 12:04 PM  •  594 views
Amazon Leads $180M Carbon Credit Deal to Protect Namesake Rainforest

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.

Society, Business, Science • September 24 2024, 11:11 AM  •  592 views
Pentagon's Tech Revolution: Bridging the Silicon Valley-Military Divide

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.

Business, Politics, Science • September 20 2024, 06:51 PM  •  691 views
Microsoft's Bold Move: Reviving Three Mile Island for AI Power Needs

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.

Business, Science • September 20 2024, 11:04 AM  •  533 views
FTC Slams Tech Giants for Inadequate User Privacy and Child Safety Measures

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.

Society, Business • September 19 2024, 01:14 PM  •  473 views
U.S. Appeals Court Grapples with NLRB Powers in Starbucks Case

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.

Business, Politics • September 18 2024, 09:09 PM  •  518 views
Teamsters Break Tradition: No Presidential Endorsement Despite Trump Lead

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.

Business, Politics • September 18 2024, 08:19 PM  •  777 views