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Amazon India Related news

Cops file complaint against Amazon for ‘hurting sentiments’

Cops file complaint against Amazon for ‘hurting sentiments’

Noida: Noida Police on Friday registered a case against e-commerce giant Amazon for allegedly hurting "Hindu sentiments" after rugs and toilet seat covers with pictures of Hindu gods were available for sale on its US website.

An online campaign to "boycott Amazon" was initiated by several social media users Thursday over the issue, with an Amazon spokesperson saying all sellers must follow the company's selling guidelines and those who do not comply will be subject to action, including potential removal of their account.

Buffett's Berkshire unveils USD 861 million Amazon stake

Buffett's Berkshire unveils USD 861 million Amazon stake

Warren Buffett’s Berkshire Hathaway Inc said it owned USD 860.6 million of Amazon.com Inc shares at the end of March, after the billionaire admitted to underestimating the online retailer and its Chief Executive Jeff Bezos.

The size of the investment was disclosed in a regulatory filing detailing Berkshire’s US-listed stocks as of March 31.

DNA Money Edit: How a giant firm boosts entrepreneurs

DNA Money Edit: How a giant firm boosts entrepreneurs

The move by the global retail giant Amazon to allow its employees leave their job and start a complementary delivery business to support the company will go a long way in spawning entrepreneurship. The Seattle-based Amazon, which is striving to ensure faster delivery of packages, is helping its employees start smaller business units delivering goods. The plan is to build an exclusive network of such units to crunch the delivery time for its customers.

Amazon rolls out machines that pack orders and replace jobs

Amazon rolls out machines that pack orders and replace jobs

San Francisco: Amazon.com Inc is rolling out machines to automate a job held by thousands of its workers: boxing up customer orders.

The company started adding technology to a handful of warehouses in recent years, which scans goods coming down a conveyor belt and envelopes them seconds later in boxes custom-built for each item, two people who worked on the project told Reuters.

Amazon introduces new machines that pack orders and replace jobs

Amazon introduces new machines that pack orders and replace jobs

Amazon.com Inc is rolling out machines to automate a job held by thousands of its workers: boxing up customer orders.

The company started adding technology to a handful of warehouses in recent years, which scans goods coming down a conveyor belt and envelopes them seconds later in boxes custom-built for each item, two people who worked on the project told Reuters.

Netflix, Amazon Prime, Hotstar to be regulated? SC seeks Centre’s response

Netflix, Amazon Prime, Hotstar to be regulated? SC seeks Centre’s response

The Supreme Court on Friday sought a response from the Centre on a plea seeking to regulate the content featured on online media streaming platforms such as Netflix, Amazon Prime and Hotstar.

A bench, headed by Chief Justice Ranjan Gogoi, issued notice to the ministries of I&B and law on a petition calling for framing of guidelines for these over-the-top (OTT) platforms as they show “uncertified, sexually explicit and vulgar” content.

Amazon’s Jeff Bezos says he'll send a spaceship to the moon

Amazon’s Jeff Bezos says he'll send a spaceship to the moon

Amazon tycoon Jeff Bezos said on Thursday he’s going to send a spaceship to the moon, joining a resurgence of lunar interest half a century after people first set foot there.

Mr. Bezos said his space company Blue Origin will land a robotic ship the size of a small house, capable of carrying four rovers and using a newly designed rocket engine and souped-up rockets.

Amazon hit by extensive fraud: Hackers stole money from 100 seller accounts

Amazon hit by extensive fraud: Hackers stole money from 100 seller accounts

Amazon.com Inc. said it was hit by an "extensive" fraud, revealing that unidentified hackers were able to siphon funds from merchant accounts over six months last year.

Amazon believes it was the victim of a "serious" online attack by hackers who broke into about 100 seller accounts and funneled cash from loans or sales into their own bank accounts, according to a UK legal document.

Amazon offered jobs to Pentagon employees to get cloud contract: Lawsuit

Amazon offered jobs to Pentagon employees to get cloud contract: Lawsuit

At least two Pentagon employees were offered jobs at Amazon.com Inc. while working on the Defense Department’s $10 billion cloud contract, a lawsuit filed by Oracle Corp. alleges.

The amended complaint, made public on Tuesday, claims Deap Ubhi, a former employee at a high-level Defense Department technology unit, helped design the cloud contract in a way that was favorable to Amazon even after receiving “significant” job and bonus offers from the e-commerce giant.

How Amazon is strengthening its data storage capacity to leverage data localisation

How Amazon is strengthening its data storage capacity to leverage data localisation

Following Reserve Bank of India’s data localisation directive in January this year and government’s stringent focus on ensuring compliance with local payment data storage norms, world’s largest online retailer and Flipkart’s arch-rival in India Amazon is ensuring that it has enough data processing and storage capability in the country to remain a dominant technology player.

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