Tag: Amazon
Amazon plans to buy movie studio MGM for $9bn; Report
US-based multinational tech giant Amazon is in talks to buy the nearly century-old Metro-Goldwyn-Mayer (MGM) film studio, which will be the company's biggest push...
Bezos buys an insanely expensive mega-yacht; Signals a thriving luxury industry
Founder of American eCommerce giant Amazon, Jeff Bezos, will reportedly soon take delivery of a mega-yacht proving that the niche industry for billionaires is...
Amazon raises $1bn sustainable bond for renewable energy, green buildings
US-based eCommerce giant Amazon has issued its first sustainability bond, raising $1 billion to invest in renewable energy, clean transportation, green buildings, and affordable...
Amazon pushes back against counterfeits: Blocks 10bn fake listings on site
US-based eCommerce giant Amazon has been under constant pressure from shoppers, brands and lawmakers to crack down on counterfeits on its site.
The company recently...
World’s richest man unloads more shares in Amazon for $2.4bn
The world’s richest man Jeff Bezos sold $2.4 billion of his American eCommerce empire Amazon’s stock, bringing the amount he’s unloaded this week to...
Amazon predicts online shopping behavior will continue even after pandemic recedes
American eCommerce giant Amazon, which benefited massively from a surge in online shopping during the COVID-19 pandemic, expects the trend to continue even as...
Dubai’s Sustainable City commits to Climate Pledge; Targets net-zero carbon by...
Dubai’s first community designed to achieve net-zero energy, the Sustainable City has joined the Climate Pledge, a global commitment to attain net-zero carbon by...
Amazon may soon start furniture, appliance assembly service
The US-based eCommerce giant Amazon is reportedly experimenting with a premium service that lets customers opt to have furniture or appliances assembled as soon...
