Tag: amazon

Amazon leads $700 million investment into electric pickup truck startup Rivian

(Reuters) — Amazon.com said on Friday it would lead a $700 million investment in U.S. electric pickup truck startup Rivian Automotive, in the e-commerce giant’s biggest bet on technologies with potential to reshape the automotive sector. The deal represents a major endorsement of Rivian’s electric vehicle technology by the world’s […]

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Amazon’s 2018 profits: $11.2 billion; Amazon’s 2018 IRS bill: negative $129 million

Amazon doubled its profits in 2018, to $11.2 billion; the company will receive a $129 million tax rebate for the year. Though Trump denounced Amazon’s tax return, Amazon actually has Trump’s tax deal, which handed massive breaks to America’s richest people and corporations, to thank. In contrast to Amazon’s $129 million tax […]

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#AbolishICE Helped Kill New York’s Amazon HQ Deal

Amazon’s decision to cancel its plans to build a second corporate headquarters in New York City came after left-wing activists and politicians demanded that the company advance their immigration agenda in exchange for nearly $3 billion in government subsidies. Democratic socialism advocates and New York politicians, emboldened by the leftward lurch of the Democrat Party, […]

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Documents show how Google used shell companies to keep datacenter negotiations quiet

The negotiations between tech companies and cities to open new offices and/or data centers have long been held behind the scenes. But that secrecy is proving to be an increasing point of contention, as evidenced this week by Amazon’s decision to abandon plans for a big New York City campus, […]

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ProBeat: Tech company expansions need to be less arrogant and more transparent

Amazon’s HQ2 beauty contest, which yesterday culminated with the company canceling its New York plans, will be analyzed and disseminated for years. It’s the perfect case study of how not to expand your corporate offices. But Amazon isn’t alone. The New York cancellation completely dwarfed another tidbit of news yesterday […]

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Amazon only has itself to blame for its failed New York campus

It took Amazon more than a year of behind-the-scenes negotiating to announced that it would be building a big office in New York City. Then, it took the ecommerce giant just three months to say “actually, never mind.” In case you missed it: this morning, Amazon announced that it would […]

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Amazon No Longer Building New York Headquarters Due to Backlash

Amazon announced Thursday it will not build its second headquarters in New York City amid growing opposition to the project. The online retailer has faced opposition from some New York politicians, who were unhappy with the tax incentives Amazon was promised. Amazon said Thursday it does not plan to look for another location, and will […]

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Amazon caught selling counterfeits of publisher’s computer books—again

Enlarge / At left, a counterfeited No Starch book. At right, the real deal. left, Bill Pollock; right, Jon Sawyer (@jcase) reader comments 4 with 4 posters participating Share this story Bill Pollock, the founder of the tech how-to book publisher No Starch Press, called out Amazon on February 13 for selling what he says […]

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EU proposal targets digital platforms, including Google, Amazon, Facebook, and Apple

European Union lawmakers reached a broad agreement on new digital platform rules aimed at sharply reducing the power of tech giants. A review of these platforms’ dominance began in Europe last year amid concern that companies such as Google, Facebook, Apple, and Amazon wield too much control over the buying […]

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Tech Elites, Donor Class Unite with GOP/Dems to Outsource White-Collar American Jobs

Silicon Valley’s business elites and donor-class billionaires are uniting with elected Republicans and Democrats to ensure that white-collar, middle-class American jobs are swiftly outsourced to mostly Indian and Chinese nationals. A plan known as the Fairness for High-Skilled Immigrants Act, introduced in the Senate by Sens. Mike Lee (R-UT) and Kamala Harris (D-CA), as well as […]

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Lawsuit claims Verizon promised subscribers free Echo devices, but failed to deliver

Verizon was recently hit with a new lawsuit from the Pennsylvania attorney general over allegations that it promised but failed to deliver Amazon Echo devices and Prime subscriptions to new subscribers. Filed yesterday, and originally brought to light by Ars Technica, the lawsuit alleges that Verizon in November of 2018 began enticing new subscribers with […]

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Today only: Get an unlocked 512GB Galaxy Note 9 with a free Galaxy Tab A 10.5 for $1,050 ($170 off)

The Samsung Galaxy Note 9 is still one of the most expensive phones out there, but deals are starting to appear. If you act fast, Amazon will sell you a 512GB Note 9 with a free tablet for $1,049.99. This deal is good today only. You probably know all about the Note 9 at this […]

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Deal: Buy a Samsung Galaxy Note 9 on Amazon, get a free Galaxy Tab A tablet

As part of its Deal of the Day promotion, Amazon is throwing in a free Samsung Galaxy Tab A tablet when you buy the unlocked Galaxy Note 9. The deal applies to the 128GB and 512GB variants that cost $999.99 and $1,049.99, respectively. The deal also applies to the Midnight Black, Lavender Purple, and Ocean […]

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Amazon’s ‘Lord of the Rings’ series is reportedly going to be filmed in Scotland

Amazon has apparently decided that Scotland will suffice as Middle Earth for the Lord of the Rings prequel series it’s developing — a series that will reportedly have the biggest budget in the history of television. Location scouts on behalf of the company who dressed and acted like tourists, blending in to the local communities, […]

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Amazon swoops up mesh Wi-Fi maker Eero as its smart home ambitions grow

Amazon to Acquire eero to Help Customers Better Connect Smart Home DevicesFebruary 11, 2019 at 4:50 PM EST Amazon announced today that it has signed an agreement to acquire eero, a company that offers products and services for high-performing, reliable, and simple home WiFi SEATTLE & SAN FRANCISCO–(BUSINESS WIRE)–Feb. 11, 2019– Amazon (NASDAQ:AMZN) and eero […]

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