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Amazon CEO Jeff Bezos Amenable To Testifying Before House Committee
June 15, 2020

After legislators had asked that he offer testimony in their antitrust probe into large tech firms, a lawyer for Amazon said that Jeff Bezos would be amenable to testify before Congress. Robert K. Kelner from the Covington & Burling law firm said the retailer was...

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EU Reportedly To Charge Amazon With Antitrust Violations
June 11, 2020

Amazon could be facing antitrust charges by the European Union (EU) as early as next week over its treatment of third-party sellers, The Wall Street Journal reported Thursday (June 11). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

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Amazon, Goldman Sachs Launch SMB Credit Line
June 10, 2020

In what is seen as the latest marriage between tech and Wall Street, Amazon has partnered with Goldman Sachs to launch a digital credit line for U.S. merchants, CNBC has learned. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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Amazon Shopping AI Lets Consumers Try On Digital Outfits, Makes Fashion Suggestions
June 08, 2020

Amazon could be planning an artificial intelligence-driven virtual shopping service, according to documents from a presentation planned for the IEEE Conference on Computer Vision and Pattern Recognition (CVPR), VentureBeat reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

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Amazon’s PayFort Looks To Boost Middle East Startups And SMBs
June 04, 2020

Amazon-owned PayFort aims to support startups and small and medium-sized businesses (SMBs) in the Middle East with its #StartUpStayUp initiative. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...

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Amazon Eyes Deal For $2B Stake In Indian Telecom Bharti Airtel
June 04, 2020

Amazon may become the latest American tech giant to buy its way into India’s fast-growing telecom market as it eyes a deal that could upend the nation’s mobile market. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

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Amazon Plans ‘Invitation Only’ Sale Starting June 22
June 03, 2020

Amazon will hold a “summer sale” on June 22 in order to hopefully help the economy get moving, CNBC reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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Freight-Forwarder Beacon Now Counts Amazon’s Bezos As Investor
June 01, 2020

Amazon chief executive Jeff Bezos has invested in U.K.-based Beacon, a digital freight forwarder, according to Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our...

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Amazon To Offer Jobs To Most Of Workers Hired In Pandemic
May 31, 2020

Of the 175,000 workers Amazon brought on board during the coronavirus pandemic, the eCommerce titan plans to keep over half of them, Reuters reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...