Tag Archives: Amazon.com Inc

Why Arm’s lawsuit against Qualcomm is a big deal

Qualcomm Inc. President and CEO Cristiano Amon speaks during the company’s press event for CES 2022 at the Mandalay Bay Convention Center on January 4, 2022 in Las Vegas, Nevada. CES, the world’s largest annual consumer technology trade show, is being held in person from January 5-7, with some companies …

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Cybersecurity stocks are beating the market in a volatile economy

CrowdStrike IPO at the Nasdaq exchange June 12, 2019. Source: Nasdaq Economic concerns were a major theme across the technology industry during second-quarter earnings season, as companies cautioned about slower spending on ads, gadgets, e-commerce and software. But with interest rates rising and inflation stuck near a 40-year high, one …

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Shopify warns sellers against using Amazon’s ‘Buy With Prime’ service

The logo of Shopify is seen outside its headquarters in Ottawa, Ontario, Canada, Sept. 28, 2018. Chris Wattie | Reuters Shopify is pushing back on Amazon’s one-click checkout service. The e-commerce platform is warning merchants who try to install Amazon’s “Buy With Prime” button on their storefront that it violates …

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Amazon took solar rooftops offline last year after fires, explosions

Amazon turned off solar energy systems at all of its U.S. facilities in 2021 after a rash of fires and explosions, including one at its Fresno warehouse in 2020. Fresno Fire Department On the afternoon of April 14, 2020, dozens of firefighters arrived at an Amazon warehouse in Fresno, California, …

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Neutral Foods carbon-neutral dairy seller gets money from Gates, Cuban

Neutral Foods milk containers. Photo courtesy Neutral Foods. As consumers look for ways they can make more climate-conscious purchases, Bill Gates’ investment fund on Wednesday announced it is putting more money into Neutral Foods, a company which tracks and buys carbon credits to compensate for the greenhouse gas emissions that …

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California passes bill aimed at making the internet safer for kids

A girl stares at her computer screen Alain Jocard | AFP | Getty Images California’s state legislature passed a bill this week that, if enacted, would require online platforms to take extra measures to ensure their services are safe for young users. The state senate unanimously approved the California Age-Appropriate …

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Where Amazon is heading in health after the Amazon Care failure

In this photo illustration, the Amazon Basic Care logo is displayed on a smartphone with an Amazon logo in the background. Thiago Prudêncio | SOPA Images | Lightrocket | Getty Images Chalk up another failure in health care for Amazon, one of the ultimate market disruptors. First, its much-hyped effort …

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How Amazon is giving Rivian an edge in the EV industry

Following in Tesla’s footsteps, another electric vehicle company has been making a name for itself, with a unique spin: Rivian Automotive. Founded in 2009, Rivian is focusing on upscale electric trucks and SUVs with an emphasis on outdoor adventure. CNBC’s John Rosevear calls them the “Patagonia of electric vehicles.” Rivian …

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Amazon not expected to bid for Electronic Arts

Amazon is not expected to make an offer to acquire Electronic Arts, sources told CNBC’s David Faber on Friday. EA shares jumped more than 4% in early trading after USA Today reported Amazon would announce Friday that it plans to bid for the video game publisher, which is known for …

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Microsoft, Tiktok parent ByteDance collaborate on AI project KubeRay

Flags of China and the United States are seen near a ByteDance logo in this illustration picture taken Sept. 18, 2020. Florence Lo | Reuters The high-stakes battle between the U.S. and China for supremacy in artificial intelligence has domestic lawmakers growing increasingly concerned over what losing out could mean …

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