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Amazon.com, Inc.

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Jeff Bezos overtakes Elon Musk as world’s richest man

Jeff Bezos overtakes Elon Musk as world’s richest man

Amazon founder Jeff Bezos has surpassed tech guru Elon Musk to return to the top place in the Bloomberg Billionaires Index with a $200 billion net worth.
Cross-border e-commerce Vietnam’s next big thing in exports: Amazon

Cross-border e-commerce Vietnam’s next big thing in exports: Amazon

Cross-border e-commerce is expected to be fifth highest in the list of Vietnam’s exports by 2027 with a value of US$12 billion, according to U.S. e-commerce giant Amazon.
February 4, 2024 | 07:21 pm PT
Bezos to sell up to 50 mln Amazon shares by Jan 31 next year: filing

Bezos to sell up to 50 mln Amazon shares by Jan 31 next year: filing

Amazon.com founder Jeff Bezos will sell up to 50 million shares in the online retail and cloud services firm over the next one year, according to a company filing on Friday.
February 2, 2024 | 05:51 pm PT
Amazon protests in Europe target warehouses, lockers on busy Black Friday

Amazon protests in Europe target warehouses, lockers on busy Black Friday

Workers and activists across Europe plan demonstrations against U.S. e-commerce giant Amazon on Friday, aiming to disrupt its warehouses and prevent merchandise from reaching Amazon parcel lockers on one of the busiest shopping days of the year.
November 24, 2023 | 12:11 am PT
Amazon to sell Hyundai vehicles online starting in 2024

Amazon to sell Hyundai vehicles online starting in 2024

Amazon will begin selling Hyundai vehicles online in the U.S. starting next year, the two companies said on Thursday.
November 16, 2023 | 06:49 pm PT
Amazon to sell shopping ads on Snapchat: spokesperson

Amazon to sell shopping ads on Snapchat: spokesperson

Amazon.com will allow Snapchat users in the U.S. to buy some products listed on the ecommerce company directly from the social media app, a spokesperson said on Monday, making it a deal similar to one recently inked with Facebook-owner Meta Platforms.
November 13, 2023 | 11:22 pm PT
Amazon exec hails Vietnam as emerging link in global supply chain

Amazon exec hails Vietnam as emerging link in global supply chain

Vietnam is a newly emerging link in the global e-commerce supply chain thanks to its entrepreneurship and manufacturing capabilities, an executive at U.S. e-commerce giant Amazon has said.
October 19, 2023 | 09:26 pm PT
Internet companies report biggest-ever denial of service operation

Internet companies report biggest-ever denial of service operation

Internet companies Google, Amazon and Cloudflare say they have weathered the internet's largest-known denial of service attack and are sounding the alarm over a new technique they warn could easily cause widespread disruption.
October 11, 2023 | 06:47 pm PT
Amazon faces landmark monopoly lawsuit by FTC

Amazon faces landmark monopoly lawsuit by FTC

The U.S. Federal Trade Commission filed a long-awaited antitrust lawsuit against Amazon.com on Tuesday and asked the court to consider forcing the online retailer to sell assets as the government accuses Big Tech of monopolizing the most lucrative parts of the internet.
September 27, 2023 | 01:01 am PT
Boeing, Walmart, Amazon look for Vietnamese suppliers

Boeing, Walmart, Amazon look for Vietnamese suppliers

Foreign companies including Boeing, Walmart and Amazon are looking for suppliers for Vietnam in a series of events hosted by the Ministry of Industry and Trade.
September 13, 2023 | 04:16 am PT
Amazon workers at UK warehouse to strike during Prime Day event

Amazon workers at UK warehouse to strike during Prime Day event

Nearly 900 Amazon workers at a warehouse in Britain will stage a strike for three days in the coming week over a pay dispute, labour union GMB said on Saturday.
July 9, 2023 | 12:56 am PT
Amazon deepens tech-sector gloom with another 9,000 layoffs

Amazon deepens tech-sector gloom with another 9,000 layoffs

Amazon.com Inc on Monday said it would axe another 9,000 roles, piling on to a wave of layoffs that has swept the technology sector as an uncertain economy forces companies to get leaner.
March 20, 2023 | 05:42 pm PT
Amazon's outlook disappoints as customer budgets stay tight

Amazon's outlook disappoints as customer budgets stay tight

Amazon.com Inc on Thursday said its operating profit could fall to zero in the current quarter as savings from layoffs do not make up for the financial impact of consumers and cloud customers clamping down on spending.
February 2, 2023 | 08:28 pm PT
Gilimex profits plummet as Amazon slashes orders

Gilimex profits plummet as Amazon slashes orders

Garment manufacturer Gilimex’s profits plunged 92% year-on-year in the last quarter to VND10 billion ($426,000) as e-commerce giant Amazon canceled most of its orders.
January 18, 2023 | 09:16 pm PT
Microsoft to shed 10,000 jobs, adding to glut of tech layoffs

Microsoft to shed 10,000 jobs, adding to glut of tech layoffs

Microsoft Corp on Wednesday said it would eliminate 10,000 jobs and take a $1.2 billion charge to earnings, as its cloud-computing customers reassess their spending and the company braces for potential recession.
January 18, 2023 | 06:22 pm PT
Amazon workers' union victory upheld by US labor board director

Amazon workers' union victory upheld by US labor board director

A U.S. labor board director has upheld Amazon.com Inc workers' landmark union victory at a warehouse in New York, according to a decision issued Wednesday, bringing the online retailer closer to having to bargain with staff on a contract.
January 11, 2023 | 05:22 pm PT
Amazon CEO says job cuts to exceed 18,000 roles

Amazon CEO says job cuts to exceed 18,000 roles

Amazon.com Inc's layoffs will now stretch to more than 18,000 roles as part of a workforce reduction it previously disclosed, Chief Executive Andy Jassy said in a public staff note on Wednesday.
January 4, 2023 | 07:02 pm PT
Amazon taxes 10 million products in Vietnam

Amazon taxes 10 million products in Vietnam

Vietnamese vendors have sold nearly 10 million products on Amazon this year, totaling an export value over 45% more than 2021, according to a report by the American e-commerce giant.
December 29, 2022 | 09:05 pm PT
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