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Jeff Bezos sells billions of pounds worth of Amazon stock | Business News
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Jeff Bezos has sold more than $4bn (£3.2bn) worth of his shares in Amazon over the past few days. The Amazon founder and executive chairman sold nearly 12 million shares of Amazon stock worth more than $2bn (£1.58bn) on 7 and 8 February, according to a statement he filed with federal regulators. The collective value…
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Merger between Amazon and Roomba maker iRobot abandoned over competition concerns | Business News
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Plans by Amazon and vacuum cleaner maker iRobot to merge have been abandoned following concerns that the move would harm competition. The $1.4bn (£1.1bn) deal, which was first announced in August 2022, had previously been approved by UK regulators. But in November the European Commission expressed concerns the online retailer might give iRobot’s products preferential…
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Chloe Macdermott: Google and Amazon told to act after woman’s death following suicide pact | UK News
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Google and Amazon must do more after a British woman made a suicide pact with two people she met online and used the internet to buy poison, a coroner has said. Chloe Macdermott, 43, died in May 2021 after buying a lethal substance from the US on Amazon. An inquest at Inner West London Coroner’s…
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Amazon reveals the questions we asked Alexa the most in 2023 | Science & Tech News
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The length of the Oppenheimer movie, the number of birthdays the King has and Elon Musk’s net worth were among the topics Alexa was quizzed on most this year. Amazon has revealed the questions its smart speaker was asked most often in 2023. People wanted to know how tall Lionel Messi is, how old Sir Elton…
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Amazon to launch AI business chatbot named Q | Science & Tech News
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Amazon says it will launch a business chatbot named Q powered by generative artificial intelligence (AI). The announcement, made in Las Vegas at an annual conference the company hosts for its AWS cloud computing service, represents Amazon’s response to rivals who have rolled out chatbots that have captured the public’s attention. San Francisco start-up OpenAI’s…
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Amazon Black Friday strike: Workers in Coventry to walk out as part of international action against retailer | Business News
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Amazon workers in the UK are to go on strike today to coincide with Black Friday – one of the company’s busiest shopping days of the year. More than 1,000 staff at the firm’s warehouse in Coventry are expected to take part in the walkout, the GMB union said, amid a long-running dispute over pay…
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Amazon to relaunch delivery drones in the UK next year | Science & Tech News
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Amazon will relaunch its delivery drones in the UK next year, the shopping giant has confirmed. The company said it will begin using the unmanned, airborne vehicles for distributing goods from some of its same-day delivery sites – one of which will be in the UK. No location has yet been revealed. It’s part of…
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Amazon and Microsoft’s dominance in UK cloud sector faces investigation | Business News
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The competition regulator is to investigate the dominance of Amazon and Microsoft in the UK’s cloud market. It follows a study by the telecoms watchdog Ofcom which “identified features that make it more difficult for UK businesses to switch and use multiple cloud suppliers”. Ofcom added: “We are particularly concerned about the position of the…
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Apple, Amazon and Google all offer gloomy outlooks in quarterly results | Business News
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Three of Silicon Valley’s largest companies posted disappointing financial results on Thursday, compounding concerns about a slowdown in the tech sector. Recession fears have hit both corporate and consumer spending globally, leading to the likes of Apple, Alphabet and Amazon all signalling a tough recovery from the highs of 2021. Alphabet, the parent company of…
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Amazon strike: First formal walkout on British soil begins today | Business News
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Darren Westwood knows how to stick up for himself. As a kid, he was bullied in the playground and beaten up in his local town centre. Now he doesn’t take stick from anyone, no matter how big or strong they appear, even if they happen to be one of the biggest companies in the world.…