The Federal Trade Commission and 17 state attorney generals have filed an antitrust lawsuit against Amazon, alleging the e-commerce giant uses its position in the marketplace to inflate prices on other platforms, overcharge sellers and stifles competition. The lawsuit, filed in US District Court for the Western District of Washington, is the result of a […]
Archive | Shopping
Amazon rolling out generative AI feature that summarises product reviews
Amazon is rolling out a new generative AI feature that summarises product reviews for customers. The feature, which the company began testing earlier this year, is designed to help shoppers determine at a glance what other customers have said about a product before they spend time reading through individual reviews. It will pick out common […]
Amazon to axe another 9,000 jobs globally
Amazon has said it will cut another 9,000 jobs across its global business in “the next few weeks”. Andy Jassy, chief executive of the technology giant, told staff that the move will reduce jobs in its web services, advertising, PXT solutions division and its Twitch livestreaming arm. The cuts come on top of 18,000 job […]
Amazon to make big business changes in EU settlement
Amazon has agreed to make major changes to its business practices to settle antitrust investigations that found the ecommerce giant gave itself an unfair advantage over rival merchants, European Union regulators said on Tuesday. Amazon promised to give products from rival sellers equal visibility in the “buy box”, a premium place on its website that […]
USB-C to be mandatory phone charging cable in the EU from 2024
Small electronic devices sold in the EU will be required to use the same charging cable by 2024 after the European Parliament voted for the use of a common charging solution. By the end of 2024, all mobile phones, tablets, cameras and other small or medium-sized electronic devices sold in the EU will need to […]
Influencer Andrew Tate banned from Facebook and Instagram
Influencer Andrew Tate has been banned from Facebook and Instagram for violating its policies, social media giant Meta has confirmed. The parent company of the two platforms said it had removed Mr Tate’s official accounts for breaching its rules around dangerous organisations or individuals and that he was now banned from using either Facebook or […]
Pret A Manger to open on island of Ireland
Popular food chain Pret A Manger is to open shops in Northern Ireland and the Republic of Ireland for the first time. The company announced on Monday that it plans to launch 20 shops across the island of Ireland over the next decade. The first will open in Dawson Street, Dublin city centre, this summer, […]