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October 22, 2021

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Labour union urges European authorities to widen Amazon antitrust probe after Reuters story

Reuters
The logo of Amazon is seen at the company logistics centre in Boves, France, October 6, 2021 REUTERS/Pascal Rossignol NEW DELHI, Oct 22 (Reuters) – A global trade union for the services sector on Friday urged European authorities to widen their antitrust investigation of Amazon.com Inc (AMZN.O) to assess if......

EV truck maker Rivian plans in-house battery cell manufacturing

Reuters
The Rivian R1T all-electric truck is pictured at an event, held by the electric vehicle startup, for customers who preordered the truck, in Mill Valley, California, U.S., January 25, 2020. REUTERS/Nathan Frandino/File Photo/File Photo SAN FRANCISCO, Oct 1 (Reuters) – Electric truck maker Rivian Automotive, which currently sources batteries from......

Japan e-commerce giant Rakuten to list online bank

Reuters
The logo of Rakuten is pictured at the headquarters of Rakuten in Tokyo, Japan, May 15, 2019. REUTERS/Sam Nussey/File Photo TOKYO, Sept 30 (Reuters) – Japanese e-commerce firm Rakuten Group Inc (4755.T) said on Thursday it is preparing to list its online banking unit, raising funds as it soaks up......

Amazon settles with employees allegedly fired for criticizing working conditions

Reuters
Sept 29 (Reuters) – Amazon.com Inc (AMZN.O) and the U.S. National Labor Relations Board (NLRB) said on Wednesday the company had reached a settlement with two former employees who alleged they were fired last year after they criticized the working conditions at the e-commerce giant’s warehouses. Amazon had terminated the......

Lucid to start deliveries of electric cars with range exceeding Tesla’s in October

Reuters
CASA GRANDE, Ariz., Sept 28 (Reuters) – U.S. startup Lucid Group Inc (LCID.O) said on Tuesday it will start delivering luxury electric sedans with a Tesla-beating driving range in late October, posing a major challenge to the market leader whose sales of premium models have stagnated. The California-based Lucid began......

Amazon launches robot to roll around house, Disney resort voice assistant

Reuters
Sept 28 (Reuters) – Amazon.com Inc (AMZN.O) on Tuesday announced a household, canine-like robot called Astro and a deal with Walt Disney Co(DIS.N) to imbue its voice-controlled tech in resort hotels, striving to make its virtual aide Alexa a bigger part of consumers’ lives. The home robot is designed to......

Pandemic pushes Chinese tech giants to roll out more courier robots

Reuters
Alibaba, Meituan, JD.com to operate over 2,000 robots by 2022 Executives said encouraged by falling costs, pandemic Robot deliveries are safer, but less efficient -consumers BEIJING, Sept 28 (Reuters) – More than a thousand robots are set to join the delivery personnel ranks of Chinese behemoths Alibaba (9988.HK), Meituan (3690.HK)......

Amazon to start offering insurance to UK businesses -broker

Reuters
The logo of Amazon is seen at the company logistics center in Lauwin-Planque, northern France, February 20, 2017. REUTERS/Pascal Rossignol/File Photo LONDON, Sept 27 (Reuters) – Amazon.com Inc (AMZN.O) is to start offering insurance to small and medium-sized UK business customers, the technology giant’s first foray into business insurance in......

Review: Hitting the brakes on tech’s runaway train

Reuters
MILAN, Sept 24 (Reuters Breakingviews) – Back in the 1880s, horses plied the roads of London and most people lived a rural life. Jump to the 1920s and the combustion engine, electricity and the telephone had taken hold and re-shaped society. Today we are undergoing an even faster period of......

Amazon launches service aggregating video streaming apps in India

Reuters
The logo of streaming service Amazon Prime Video is seen in this illustration picture taken March 5, 2021. REUTERS/Danish Siddiqui/File Photo NEW DELHI, Sept 24 (Reuters) – Amazon.com Inc (AMZN.O) launched in India on Friday eight global and local streaming services on its video platform, in a move aimed at......

New demographic data shows continued divide at Amazon

Reuters
Sept 23 (Reuters) – Amazon.com Inc’s (AMZN.O) executives ranks remained largely white, although the share of non-white executives rose modestly, while minorities continued to account for most of its blue-collar workforce as the online retailer grew rapidly during the COVID-19 pandemic, according to new company data. The disclosure made Amazon......

BlackBerry beats quarterly revenue expectations on cybersecurity boost

Reuters
The Blackberry logo is seen on a smartphone in front of a displayed stock graph in this illustration taken February 5, 2021. REUTERS/Dado Ruvic/Illustration/File Photo Sept 22 (Reuters) – Canada’s BlackBerry Ltd (BB.TO) beat Wall Street estimates for second-quarter revenue on Wednesday amid strong demand for its cybersecurity and Internet......

Amazon investigating kickback allegation at India unit – source

Reuters
Smartphone with Amazon logo is seen in front of displayed Indian flag in this illustration taken, July 30, 2021. REUTERS/Dado Ruvic/Illustration/File Photo NEW DELHI, Sept 20 (Reuters) – Amazon.com Inc (AMZN.O) has launched an internal investigation in India after a whistleblower alleged an employee had taken kickbacks, a source with......

Billy Porter, and stars of ‘The Crown’ hit Emmy Awards red carpet

Reuters
LOS ANGELES, Sept 19 (Reuters) – “Pose” star Billy Porter and British actor Josh O’Connor were among the early arrivals in Los Angeles for the Emmy Awards on Sunday on a night where “The Crown” and comedy “Ted Lasso” are expected to dominate the annual ceremony for the top television......

EXCLUSIVE Teamsters organizing workers’ unions at 9 Amazon.com facilities in Canada

Reuters
Sept 17 (Reuters) – The Teamsters workers’ union has launched campaigns to organize employees in at least nine Canadian facilities of U.S. e-commerce company Amazon.com (AMZN.O), according to Reuters interviews with union officials. The influential union took the first step earlier this week to organize employees at one of Amazon’s......

Banks beware, outsiders are cracking the code for finance

Reuters
Embedded finance investment jumps in 2021, data shows Buy now pay later deals take centre stage Fintech market valuations leapfrog banks LONDON, Sept 17 (Reuters) – Anyone can be a banker these days, you just need the right code. Global brands from Mercedes and Amazon (AMZN.O) to IKEA and Walmart......

Britain’s John Lewis, Co-op lament supply chain disruptions

Reuters
Shoppers pass a branch of John Lewis in London, Britain, September 15, 2016. REUTERS/Toby Melville/Files John Lewis warns of ‘significant uncertainty’ Co-op says crisis will impact full year profit LONDON, Sept 16 (Reuters) – British retailers John Lewis Partnership and the Co-operative Group both warned that creaking supply chains would......

Amazon reaches agreement with trade unions in Italy

Reuters
Flags flutter outside a distribution centre, during a strike at Amazon’s logistics operations in Italy, in Passo Corese, Italy March 22, 2021. REUTERS/Remo Casilli/File Photo MILAN, Sept 15 (Reuters) – Amazon.com Inc (AMZN.O) has struck a deal with Italian trade unions promising to engage with them more in the running......

FTC staff to present findings on Big Tech’s smaller acquisitions

Reuters
WASHINGTON, Sept 15 (Reuters) – Staff of the Federal Trade Commission will present their findings on Wednesday on business deals that tech platforms like Facebook (FB.O) and Alphabet’s (GOOGL.O) Google did that were sometimes too small to prompt antitrust review. The agency, which began holding open meetings after progressive Lina......

‘Amazon won’t change without a union’: Canadian warehouse files for union vote

Reuters
The logo of Amazon is seen at the company logistics centre in Boves, France, August 8, 2018. REUTERS/Pascal Rossignol/File Photo Sept 14 (Reuters) – Workers at one of Amazon.com Inc’s (AMZN.O) Canadian facilities have filed a request with a local labor board to hold a vote to form a union,......

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