A National Labor Relations Board judge ruled on Wednesday that Amazon CEO Andy Jassy violated federal labor law through comments he made to various media outlets regarding unionization efforts within the company. NLRB Administrative Law Judge Brian Gee pointed to interviews Jassy conducted in 2022 with CNBC’s “Squawk Box,” Bloomberg ...
Read More »Amazon Prevails in $270 Million Tax Dispute with the European Union
On Thursday, Europe’s highest court ruled in favor of Amazon in a case where the European Commission had accused the U.S. e-commerce giant of receiving unlawful tax advantages. The European Court of Justice (ECJ) stated that the Commission, representing the EU’s executive branch, had failed to demonstrate that the tax ...
Read More »AWS Introduces Generative A.I. Tool to Simplify Doctors’ Paperwork
On Wednesday, Amazon Web Services (AWS) unveiled a groundbreaking solution called AWS HealthScribe, specifically designed for health-care software providers. This innovative service leverages generative artificial intelligence and advanced speech recognition technology to autonomously draft clinical documentation. By automating the process of creating medical records, AWS HealthScribe aims to streamline and ...
Read More »U.S. Online Sales Surge to $12.7 Billion as Amazon Celebrates ‘Biggest Ever’ Prime Day
During Amazon’s Prime Day promotion, online spending in the U.S. experienced a 6.1% increase, reaching a staggering $12.7 billion, as reported by Adobe Analytics. This surge in online sales was driven by consumers seeking enticing deals on home goods and household essentials. Amazon proudly declared this year’s Prime Day as ...
Read More »Amazon Boosts Investment in India, Commits to $26 Billion by 2030
After a meeting between CEO Andy Jassy and Prime Minister Narendra Modi in the United States, Amazon.com announced its plans to increase its investments in India to $26 billion by 2030. This includes an additional $6.5 billion in newly planned investments. The decision showcases Amazon’s commitment to expanding its presence ...
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