Tag: Amazon

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Nigeria collects over ₦600bn VAT from Facebook, Amazon, Netflix

The Special Adviser on Tax Policy to the Chairman of the Tax Reforms Committee, Mr Mathew Osanekwu, has revealed that Nigeria has successfully collected over ₦600bn in Value Added Tax from global digital service providers such as Facebook, Amazon, and Netflix. He explained that amendments to the VAT Act had empowered the Federal Inland Revenue […]

Amazon plans stand-alone app for payments in India
Tech

Amazon halts Prime free shared shipping

Amazon is discontinuing a feature that let Prime members extend free shipping benefits to non-household users, notifying customers that the Prime Invitee Program will end on October 1. This was disclosed in a according to a notice, according to CNBC. “We are writing to inform you that the Prime Invitee Program, which allowed sharing Prime’s […]

Tech

Amazon offers $1bn in cloud discounts to US agencies

Amazon Web Services will offer up to $1 billion in discounts to United States federal agencies for cloud services, modernisation, and training through 2028, the General Services Administration announced Thursday. The deal aims to accelerate cloud migration and the use of artificial intelligence across government agencies. “AWS’s partnership with GSA demonstrates a shared public-private commitment […]

Amazon cuts jobs in books division amid broader efficiency push
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Amazon adds OpenAI’s open-weight models to AI platforms

Amazon Web Services has announced the addition of OpenAI’s open-weight foundation models to its AI platforms, marking the first time the models will be available on Amazon Bedrock and Amazon SageMaker. The move gives AWS customers access to OpenAI’s recently released gpt-oss-120b and gpt-oss-20b models, enabling them to build and scale generative AI applications using […]

Amazon restructures Wondery Podcast Studio, cuts 110 jobs
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Amazon restructures Wondery Podcast Studio, cuts 110 jobs

Amazon is overhauling its Wondery podcast division, shifting its award-winning narrative shows like Business Wars to Audible and consolidating creator-led programs into a new internal unit, according to an internal memo seen by Reuters. The restructuring will result in approximately 110 job cuts, though many affected staff will be reassigned to other roles within Amazon, […]

Amazon eyes advertising in Alexa+, says CEO Andy Jassy
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Amazon eyes advertising in Alexa+, says CEO Andy Jassy

Amazon may soon start delivering ads to users during conversations with its AI-powered assistant, Alexa+, CEO Andy Jassy revealed during the company’s second-quarter earnings call on Thursday. As Alexa+ rolls out to millions of users, Jassy highlighted the growing potential of advertising within voice-based interactions. “As people engage in more multi-turn conversations, there will be […]

Amazon to exit Quebec operations, cut 1,700 jobs
Tech

Amazon trims workforce in cloud unit

Amazon has confirmed that it is cutting jobs within its cloud computing division. “After a thorough review of our organization, our priorities, and what we need to focus on going forward, we’ve made the difficult business decision to eliminate some roles across particular teams in AWS,” Amazon spokesperson Brad Glasser said in a statement. “We […]

Tech

Amazon’s Ring unveils AI alerts for smart homes security 

Amazon’s Ring has introduced a new feature that uses artificial intelligence to send users notifications about unusual or suspicious activity near their homes. The AI analyzes motion detected by Ring doorbells and cameras and generates brief text summaries, which are delivered as alerts to users’ phones. Ring says the summaries highlight only the primary subject […]

Tech

Corporate workforce to shrink as AI adoption rises – Amazon CEO

Amazon CEO Andy Jassy announced on Tuesday that the company’s corporate workforce will gradually shrink over the coming years as it increasingly adopts generative artificial intelligence tools and agents. “We will need fewer people doing some of the jobs that are being done today, and more people doing other types of jobs,” Jassy said in […]

Amazon cuts jobs in books division amid broader efficiency push
News

Amazon cuts jobs in books division amid broader efficiency push

Amazon has laid off a small number of employees in its books division, including staff at its Kindle and Goodreads units, as part of a continued effort to streamline operations and reduce internal bureaucracy, the company confirmed Thursday. Fewer than 100 roles were affected by the latest round of cuts, according to a company spokesperson. […]

Amazon plans stand-alone app for payments in India
Tech

Amazon faces antitrust probe in Germany over third-party pricing restrictions

Germany’s antitrust watchdog, the Federal Cartel Office, has issued a warning to Amazon Inc over its pricing practices for third-party sellers on its platform. The regulator announced on Monday that it is investigating whether Amazon’s pricing systems restrict sellers from offering lower prices on other platforms, potentially distorting competition. The President of the Cartel Office, […]

Amazon plans stand-alone app for payments in India
Tech

Amazon shareholders vote against splitting CEO, chair roles

Amazon shareholders rejected a proposal to separate the roles of CEO and board chair. According to a filing on Thursday, around 82% of shareholders voted against the measure. This independent proposal, along with seven others, was put forward at Amazon’s annual meeting on Wednesday, but all were ultimately rejected. The proposal aimed to formalize this […]