One year has passed since the beginning of the cooperation of the ELTA Group with Amazon for the distribution of its parcels in Greece. The agreement sets strict targets for achieving deliveries at specific times, in line with Amazon’s international standards. ELTA, as reported by their executives, met the terms of the cooperation, delivering 95% […]
Tag: Amazon
Amazon hears fan requests: Kindle adds support for ePub e-books
Amazon is starting to use the ePub e-book format. Starting in late 2022, changes to the Send to Kindle feature will provide users with the ability to send ePub files to their devices. The Kindle line has long been a staple in the e-book market. Even though the Amazon product has been a huge success, […]
US: Newly formed Amazon union fails to persuade second warehouse workers to join
The Amazon Labor Union (ALU), which claimed a first major victory in early April, failed to take advantage of the fact: workers at a company sorting center in New York voted against joining it. According to the count, which was broadcast on the internet, 618 employees of the LDJ5 warehouse voted “no” to the question […]
Amazon: Offers financial assistance to workers who have to travel far to have an abortion
Amazon will cover travel expenses for its employees who need to undergo some non-emergency medical procedures, including abortions, as more and more conservative states pass legislation restricting this right of women. The e-commerce giant, which has about one million employees in the United States, will pay up to $ 4,000 in travel and subsistence allowance […]
Amazon: Results and forecasts disappointing – Post-conference ‘dip’ for the stock
Loss of $ 7.56 per share (total close to $ 4 billion) on revenue of $ 116.44 billion (compared to $ 108.52 billion in the same period last year) Amazon announced a 20 quarter of 2022, disappointing mainly with its lower-than-expected forecasts for the second quarter of the year. The company’s share plunged 10% in […]
USA: Half of all workplace accidents recorded in 2021 involved Amazon sorting centers
One-third of U.S. warehouse workers work for Amazon, but nearly half of all work-related accidents in 2021 were at the e-commerce giant, according to a report released Tuesday by a trade union organization. According to the Strategic Organizing Center (SOC), employees at Amazon’s logistics centers suffered more than 34,000 “serious injuries” at work last year, […]
Bulgaria, Switzerland, Amazon and Google invest in Computer Science Institute in Sofia
The Institute of Computer Science, Artificial Intelligence and Technology (INSAIT) was inaugurated today in Sofia. It was founded in collaboration with the two largest institutes of technology: the ETH of Zurich and the Swiss Federal Institute of Technology of Lausanne (EPFL). Google, Amazon and DeepMind have invested in this project. The inauguration was attended by […]
Amazon really doesn’t want its employees to join unions. The company spent a lot of money on anti-union consultants
Amazon, the largest e-commerce platform, is actively resisting unionization. Last year alone, Amazon spent $4.3 million on anti-union consultations, the source said. This may seem like a small amount for a company with a capitalization of more than $1.5 trillion, but by comparison, even the most generous companies in this regard usually only cross the […]
Amazon completes $8.45 billion takeover of MGM
The James Bond, Rocky and RoboCop movies are now owned by Amazon. The e-commerce giant has completed its $8.45 billion acquisition of legendary film and television studio MGM. This week, European Union competition authorities unconditionally approved the deal. They determined that there was not much overlap between the two companies and that “MGM content cannot […]
Amazon: Bookstores close in Britain – Business chain expands
Amazon.com Inc. announced yesterday that it plans to close all 68 physical presence stores and toy stores in the US and the UK, ending some of its longest-running retail experiments. The news was first reported by Reuters, while it marks a critical turning point for the company that started its activity as an online bookstore, […]