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...Amazon said its “third-party sellers set their own prices” and that the company “offers optional tools to support them in offering competitive, low prices”....
...The Everything War makes a compelling case that no company should be this powerful. For many sellers, Amazon is now their main route to market....
...It strikes me as significant that the company is no longer bothering to keep track of who America’s role models are....
...The company worked to “eliminate mistakes and ‘false positive’ enforcements” and had an appeal process for sellers in place....
...Anna MutohSo Amazon tends to focus on the customer — us, right? It’s very customer-friendly at the detriment of the seller oftentimes....
...Demand for artificial intelligence bolstered sales growth in Amazon’s cloud computing division at the start of the year, the company said on Tuesday, as executives laid out plans to spend huge sums to support...
...The Seattle-based company has also recently sparred with regulators in the EU, UK and US over a broad range of issues, including whether its operations and the treatment of sellers on its marketplace pose...
...BYD aims to topple Volkswagen, Tesla and Stellantis and become the largest battery-electric vehicle seller in Europe this decade, a top executive said....
...The company’s operating income for the first three months of the year was $15.3bn, beating forecasts for $11bn....
...The lesson from tech company earnings so far this year is that selling the infrastructure needed to build artificial intelligence services remains far more lucrative than selling the AI services themselves...
...Amazon is one of the tech companies that has opted to make significant cuts to its workforce since 2023....
...The problem is that the attributes that make Amazon stand out in ecommerce, including low prices and a vast product range, do not apply to the company’s physical stores....
...Amazon, which has previously sparred with the CMA over its minority investment in UK food delivery company Deliveroo, hit out at the regulator’s latest potential intervention....
...The company, with a market capitalisation of $1.96tn, is the fourth most valuable company on Wall Street behind other so-called Magnificent Seven groups Microsoft, Apple and Nvidia....
...The company, with a market capitalisation of $1.96tn, is the fourth-most valuable company on Wall Street behind fellow Magnificent Seven groups Microsoft, Apple and Nvidia....
...Amazon’s Anthropic deal gives the Seattle-based company a well-known partner in AI as it vies with rivals Microsoft and Google for dominance in the space....
...The US Federal Trade Commission filed a sweeping antitrust lawsuit against the company in September, alleging that it was using its monopoly power to hurt consumers, rivals and sellers....
...Amazon has been more circumspect. Asked about the Talen deal, the company avoided using the word nuclear....
...Only with balanced development of investment and financing can the capital market form a virtuous cycle,” he said....
...The FTC filed a sweeping antitrust lawsuit against the company in September, alleging that it was using its monopoly power to hurt consumers, rivals and sellers....
...The addition of Amazon Pharmacy to Eli Lilly’s direct-to-consumer dispensing network is the first time Amazon has partnered with a big drug company since it launched its online pharmacy business in 2020....
...Today on the show, FT reporter Anna Mutoh joins us to talk about Shopify, its failed attempt to start delivering packages, and where the company goes next....
...Amazon has committed a further $2.75bn to artificial intelligence start-up Anthropic, strengthening its ties to the company as Big Tech’s race to dominate the booming AI sector intensifies....
...Topher Forhecz Yeah, the virtuous cycle of Amazon . . . Camilla Hodgson Yeah, exactly, the virtuous cycle of Amazon. If you disrupt that, does that actually make things worse for consumers?...
...Diamond will publish its targeted valuation as a reorganised company in the coming weeks....
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