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Jeff Bezos announces intentions to sell another $5 billion in Amazon stock

Founder of Amazon, Jeff Bezos, has announced plans to sell an additional 25 million shares of the tech giant, valued at nearly $5 billion.This...

Amazon online shopping launched in South Africa

Amazon has at last debuted its eagerly awaited online store in South Africa.The online retail titan unveiled its virtual storefront on Tuesday.“We are excited...

“Robust” Amazon’s retrials cost $131 but gov’t is billing us $250 for SM1 tablet – Netizen

An X user, @StatsGH has raised concerns over the cost associated with the distribution of free tablets to students in second cycle institutions by...

Italy’s competition watchdog penalizes BAT, Amazon for deceptive advertising

Italy's AGCM competition watchdog imposed fines totaling 7 million euros ($7.5 million) on British American Tobacco (BAT) and Amazon for deceptive advertising regarding heated...

Amazon founder Jeff Bezos sells shares for more than $4 billion

Jeff Bezos, a wealthy individual, sold off more of his stake in Amazon.He made over $4 billion in sales in the past few days.The...

Amazon punished for ‘excessive’ worker surveillance

Amazon was punished in France for watching its workers too much. They were fined a lot of money because the way they were keeping...

Plane crashes in Amazon rain forest, carries no survivors

A small plane that was carrying passengers crashed in the Amazon rain forest while trying to land during a heavy rainstorm. The plane had...

Children found alive in Amazon after 40 days

Four youngsters have been recovered alive after surviving an aircraft crash and weeks of survival in Colombia's Amazon rainforest.Colombia's president said the rescue of...

Amazon makes $3.2 billion while it undergoes multiple rounds of layoffs

Amazon is back in the black to start the year.The world's largest online retailer on Thursday April 27 2023 announced a profit of $3.2...

Online shopping suffers as Amazon cloud and ad sales increase

Despite the fact that Amazon's core e-commerce company is having difficulties, its revenue-generating segments are performing well.Online sales were flat in the first three...

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