Tag: Amazon
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Google and Amazon seek investment in e-commerce within AfCFTA
The Secretary General of the African Continental Free Trade Area,( AfCFTA) , Wamkele Mene, has disclosed that e-commerce giants, Google and Amazon, have approached the Secretariat for investment in AfCFTA . According to him, discussions are yet to be finalized on the necessary regulatory framework that will be used for the digital trade aspect of…
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Amazon removes racist messages after they appear on some product listings
Amazon.com Inc (AMZN.O) said it was removing certain images after messages using extremely strong racist abuse appeared on some listings on its UK website when users searched for Apple’s (AAPL.O) AirPods and other similar products. This is according to Reuters. The message sparked outrage on Twitter, with the topic “AirPods” trending in the United Kingdom.…
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Protester confronts World’s Richest man Jeff Bezos on stage
An animal rights activist came within a few feet of Jeff Bezos, the world’s richest man, on a stage in Las Vegas. Priya Sawhney evaded event security, as well as some of Mr. Bezos’ personal detail, which costs a reported $1.6m (£1.25m) per year. “Jeff, you are the richest man on the planet,” Ms. Sawhney…
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Amazon reports $126m quarterly loss
Amazon has reported a loss of $126m (£74m) in the second quarter and warned that sales could slow in the current quarter. Amazon forecast third quarter sales of between $19.7bn and $21.5bn, which could mean sales growth of as little as 15% – well down on previous quarters. Amazon has traditionally survived on thin profit…