The Latest Breaking News from Amazon

After billion-dollar acquisition of MGM, Amazon inherits a foe: Starz

Two years into a lawsuit involving premium cable network Starz and entertainment giant MGM, a new player has entered the game: Amazon.

Tribune News Service · May 20, 2022

Amazon Explores Service That Could Reduce Its Capex

Amazon.com Inc (NASDAQ:AMZN) tested a service using its sprawling network of gig drivers to fetch packages from mall-based retailers and deliver them to customers, Bloomberg reports. Amazon can entertain shoppers seeking same-day or quicker shipping with a local mall store products struggling to remain relevant as shoppers flocked online. The program will…

Benzinga · May 20, 2022

Here's Why Citi Remains Bullish On Amazon Despite Knocking It Off Focus List

Citi analyst Ronald Josey considers Amazon.com Inc (NASDAQ: AMZN) vulnerable to softening consumer spending trends.

Benzinga · May 20, 2022

Best decorations for your Platinum Jubilee party, from bunting to balloons and more

Time for a right royal knees up

Evening Standard · May 20, 2022

Oh no. Is Jeff Bezos preparing to run for office?

When an unaccountable billionaire suddenly starts putting himself out in the world as a Public Policy Thinker, alarm bells should ring

The Guardian - US · May 20, 2022

Here's How Microsoft Addressed Complaints From Smaller European Cloud Companies

Microsoft Corp's (NASDAQ:MSFT) pitch to Brussels directly addressed competition worries with a clear geopolitical purpose prompted by recent complaints from smaller European cloud companies, the Financial Times reports.  Microsoft laid out a series of "principles" that it would follow out of respect for Europe's concerns.  Any customer who has paid to license…

Benzinga · May 20, 2022

Diagnostic Chain With Indian Presence Looks To Raise Over $300M, In Talks With Walmart, Amazon

Metropolis Healthcare Ltd diagnostics chain operating in India and Africa, is looking to raise over $300 million and grab a strategic partner by selling a minority stake, Bloomberg reports. Walmart Inc (NYSE:WMT)-owned retailer Flipkart and healthcare chain Apollo Hospitals Enterprise Ltd were among potential strategic investors of Metropolis Healthcare Ltd. Amazon.com Inc (NASDAQ:AMZN) has…

Benzinga · May 20, 2022

Amazon scammer snatches grieving widow's £2000 pension cash

Margaret Eggett lives alone after her beloved husband of 49 years died in her arms last year

Liverpool Echo · May 20, 2022

Brazil's Bolsonaro calls Musk's Twitter bid a 'breath of hope'

Brazilian President Jair Bolsonaro called Elon Musk's proposed takeover of Twitter Inc a "breath of hope" as the two met in Brazil on Friday, adding he hoped the U.S. billionaire would help end the "lies" about his widely criticized stewardship of the Amazon rainforest.

Reuters · May 20, 2022

Clever hacks to save money on Netflix, Disney+, Amazon Prime and Now TV subscriptions

The cost-of-living crisis doesn't necessarily mean we have to cut back - we just have to think smarter

Daily Mirror · May 20, 2022