Amazon Stock News

European Union antitrust regulators are set to give unconditional clearance to Amazon.com (AMZN) for its acquisition of MGM Studios (MGMB), Reuters reports

In late February, Amazon.com Inc (NASDAQ: AMZN ) informed its U.S. gig workers who fetch delivery items would become its Whole Foods division''s employees with more extended shifts, CNBC reports . Whole Foods'' recent job post disclosed that the schedules would be made three weeks … Full story available on Benzinga.com

Amazon.com Inc. said its cloud-computing unit Amazon Web Services or AWS is no longer accepting new customers based in Russia or Belarus following Russia-Ukraine conflict. Amazon also suspended shipment of retail products to customers based in Russia and Belarus, and will no longer be accepting new Russia and Belarus-based Amazon third-party sellers.

WASHINGTON (Reuters) – The U.S. House Judiciary Committee has referred Amazon.com Inc to the U.S. Department of Justice, alleging “potentially criminal conduct” by the company senior executives amid the panel’s ongoing probe into digital markets competition, lawmakers said in a statement on Wednesday.

The United States House Judiciary Committee has asked the Department of Justice (DoJ) to investigate whether Amazon.com Inc. intentionally left out the information requested by the body''s Antitrus…

A U.S. congressional committee is asking the Justice Department to investigate Amazon.com Inc. and some of its executives for a potential criminal obstruction of Congress, the Wall Street Journal reported Wednesday, citing people familiar with the matter and a letter it has obtained. The letter is dated March 9 and addressed to U.S. Attorney General Merrick Garland from Democratic and Republican members of the House Judiciary Committee. The letter accuses Amazon of refusing to provide information that lawmakers wanted as part of a probe by the body''s Antitrust Subcommittee into Amazon''s competitive practices. The letter alleges that the refusal was an attempt to cover up what it calls a lie that the company told lawmakers about its treatment of outside sellers on its platform. Amazon was not immediately available to comment to the paper. Shares were up 1.7% premarket, but have fallen 11% in the last 12 months, while the S&P 500 has gained 7.6%. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move.

Add Amazon.com Inc. to the list of companies that have been outmaneuvered by Mukesh Ambani’s juggernaut. Not only has he jolted the U.S. giant in the fight to dominate India’s retail sector, he now holds all the cards in a $3.4 billion dogfight to buy a local cash-strapped retailer.

Amazon.com is launching a live audio app designed to reinvent radio by letting people become DJs, playing songs and chatting with listeners.

Amazon (AMZN) said on Tuesday that it would no longer accept new customers in Russia or Belarus following Russia''s invasion of Ukraine.The change came over the weekend but was not…

Meesho is in the process of pivoting from social commerce to e-commerce as it attempts to take on bigger rivals Amazon India and Walmart-owned Flipkart.

Media and streaming companies continue to lean on video games for content thanks to existing storylines and built-in fan bases. One of the most popular video game franchises could be hitting the small screen. Here’s the latest. What Happened: The most recent video game series to get adapted into a show could be God of War, according to a report from Deadline. The series, which is part of the Sony Group Corp (NYSE: SONY ) library of games, is being shopped to Amazon Prime Video, a unit of Amazon.com, Inc . (NASDAQ: AMZN ). God of War would be made into a live-action TV series according to the report. The storyline of God of War centers on ex-Spartan Kratos who wages war against the Greek gods. The franchise has been one of the most successful for Sony with its games released as exclusives on the Playstation consoles. The franchise began in 2005 and … Full story available on Benzinga.com

Amazon.com (AMZN -0.8%) has launched a new app offering users a way to play disc jockey for their own live radio shows, tapping a huge library of licensed songs.The company on Tuesday…

Amazon.com Inc (NASDAQ: AMZN ) Amazon Web Services head assured that its rapid growth would not lead to broader disruption for customers and internet users despite its recent "incredibly painful" outages, Financial Times reports . AWS still typically offers customers better "uptime" than they can typically deliver from their own data centers, AWS CEO Adam Selipsky said. AWS''s sales last year rose 37% Y/Y to $62.2 billion, up from 30% Y/Y … Full story available on Benzinga.com

The company has been using technology and playbooks to provide opportunities for women to ramp back at the workplace once they go on either caregiving leave or maternity leave.

2/2 © Reuters. FILE PHOTO: The logo of Amazon is seen on the door of an Amazon Books retail store in New York City, U.S., February 14, 2019. REUTERS/Brendan McDermid 2/2 By Aditya Kalra and Abhirup Roy NEW DELHI (Reuters) – For more than a year, Amazon.com Inc (NASDAQ:) and India’s Future Group have been …