UK Regulator Flags Competition Risks Of AI Foundation Models

British competition regulator has “real concerns” regarding AI foundation models controlled by small number of firms

1 day ago

Amazon Web Services Lays Off Hundreds Of Staff

More job losses at Amazon, as AWS unit eliminates several hundred positions in sales, marketing and tech sections

1 week ago

Amazon Pumps Another $2.75 Billion Into Anthropic

Amazon completes its $4bn investment into AI firm Anthropic, after providing an additional $2.75bn in funding

2 weeks ago

EU Opens Investigation Into Apple, Google, Meta

EU launches probe into Apple, Google and Meta's competition practices under new DMA rules as pressure mounts on tech giants

3 weeks ago

Amazon Challenges £28m French Fine Over Worker Monitoring

Amazon challenges 32m euro fine from France's data protection agency over 'excessive' monitoring of warehouse staff

3 weeks ago

Nvidia Now Worth More Than Amazon, Amid AI Chip Demand

Nvidia now worth more than the e-commerce and cloud giant Amazon, thanks to ongoing industry demand for AI chips

2 months ago

Jeff Bezos Offloads $2 Billion Worth Of Amazon Shares

Not enough yachts? Amazon founder Jeff Bezos sells 12 million shares for $2bn, after relocating to tax friendly Florida

2 months ago

Amazon Cuts Hundreds Of Jobs In Health Units

More layoffs at Amazon as cost-cutting continues, with hundreds of jobs being axed at Pharmacy and One Medical divisions

2 months ago

Amazon Abandons $1.4bn iRobot Buy Amidst EU Opposition

Amazon calls off deal to buy iRobot for $1.4bn after EU raises concerns over competition in market for home devices

2 months ago

Amazon Ring Halts Controversial Police Video-Sharing Program

Ring confirmed it is 'sunsetting' its Request for Assistance (RFA) tool that allowed police to request doorbell footage

3 months ago

France Fines Amazon 32m Euros Over ‘Excessive’ Worker Surveillance

French data protection regulator fines Amazon 32m euros over 'excessive' worker monitoring, including alerts after 10 minutes of inactivity

3 months ago

EU Set To Reject Amazon iRobot Buy

European Union set to reject Amazon takeover of Roomba robot vacuum cleaner maker iRobot after e-commerce giant fails to offer…

3 months ago

Amazon Lays Off 5 Percent Of Staff At ‘Buy With Prime’ Unit

Layoff misery continues as Amazon cuts 5 percent of staff at its 'Buy with Prime' unit, after cuts to other…

3 months ago

Amazon Cuts Staff In Audible, Prime Video and MGM Studio Divisions

Bad week this week for staff at Amazon divisions, with job losses at Twitch, Prime Video, MGM Studies, and Audible…

3 months ago

Twitch To Lay Off 35 Percent Of Staff – Report

Amazon-owned Twitch is handing a sizeable portion of its workforce the worst news in early 2024 by axing their jobs

3 months ago

Amazon Prime Video To Carry Ads In UK From 5 February

Adverts will start appearing for UK users of Amazon Video Prime on 5 February 2024, unless extra fee is paid

4 months ago

Amazon Wins $274m Tax Battle With EU

Defeat for European Commission after court rules Amazon does not have to pay 250m euros in back taxes to Luxembourg

4 months ago

UK Government, Tech Giants Agree To Tackle Online Fraud

Series of pledges from big name tech firms in agreement with UK government to protect people from online fraud

4 months ago

European Commission Cites Competition Concerns Over Amazon’s iRobot Deal

Despite reports deal would be approved, European regulators hand Amazon statement of objections to iRobot acquisition

5 months ago

Amazon Set To Win EU Approval For iRobot Purchase – Report

After UK approval, European antitrust authorities look set to give unconditional approval for Amazon to purchase iRobot

5 months ago

Amazon Cuts Hundreds Of Jobs In Alexa Division

More job layoffs again at Amazon's Alexa division, on top of the 27,000 jobs already let go in the past…

5 months ago

Amazon Confirms ‘100% Success’ For Prototype Kuiper Satellites

Amazon's Kuiper satellite network will begin large scale deployment by mid 2024, after success with two prototypes

5 months ago

Amazon Repurposes Astro Robot As Security Guard

Amazon is turning its Astro robot into a security guard to help businesses detect break-ins and provide 24x7 monitoring of…

5 months ago

Amazon Includes Medical Discount With Prime Membership

Amazon Prime membership is being enhanced for customers in the US, with discount for Medical One healthcare service

5 months ago

Amazon Creates Team For ‘Olympus’ AI Model – Report

More AI moves by Amazon, amid report of hefty funding for development of large language model (LLM) to rival ChatGPT

5 months ago

Amazon Trials Humanoid Robot, Prompting Job Fears

Experiment to automate a couple of Amazon warehouse in the US via the use of robots, has prompted job loss…

6 months ago

Amazon Defends Prime Service, Amid FTC Lawsuit

Amazon denies it has been duping millions of subscribers of the Amazon Prime service, as it seeks dismissal of FTC…

6 months ago

Amazon Drones Begin Medicine Deliveries In Texas

Customers of the Amazon Pharmacy service can now receive certain prescription medications via drone delivery in Texas

6 months ago

Amazon UK Warehouse Staff To Walk Out Next Month

Amazon to increase base pay for its UK workers and is to hire 15,000 seasonal workers, but trade union says…

6 months ago

Amazon Wins Interim Stay On Public Ads Archive

Amazon wins interim court ruling that it isn't very large online platform (VLOP) under European Union rules

7 months ago