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...Separate from its innovation fund, Amazon has committed up to $4bn to generative AI start-up Anthropic....
...Tech giant Amazon has struck a deal with the UK’s largest publisher Reach over obtaining customer data to target online advertising, as the media industry scrambles to respond to Google’s move to axe “cookies...
...Amazon shares closed at a record high on Thursday, extending a six-month rally that has lifted several of Wall Street’s biggest tech stocks and has helped the ecommerce group surpass its previous peak from...
...Amazon shares closed at a record high, extending a six-month rally that has lifted several of Wall Street’s biggest tech stocks and has helped the ecommerce group surpass its previous peak from July 2021...
...And, you know, it’s sort of like Shopify is not trying to be Amazon, is it? It’s not playing Amazon’s game....
...Since then, the ecommerce giant has acquired supermarket chain Whole Foods, created Amazon Go and Amazon Fresh grocery stores and added a handful of other shops selling gadgets and clothes....
...The real story about Amazon’s attempt to revolutionise shops is more complicated....
...Amazon reiterated on Wednesday that it would be Anthropic’s “primary cloud provider” for key workloads, which will run on Amazon Web Services....
...Amazon’s definition of clean energy may be as consequential as any government’s....
...The deal is Amazon’s largest ever venture investment and brings its total commitment to Anthropic to $4bn....
Can the e-commerce site grab market share from Amazon?
...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....
...Elsewhere on Thursday… — Inside Amazon’s Secret Operation to Gather Intel on Rivals (WSJ $) — New World Order?...
...Amazon’s lobbyists have been banned from the European parliament as part of an escalating dispute over transparency and working conditions....
...Bezos sold $4bn worth of Amazon shares earlier this month. The company said he planned to sell up to 50mn Amazon shares by the end of January 2025....
...Amazon’s billionaire founder Jeff Bezos sold $4bn worth of shares in the ecommerce company in the past week, with a second $2bn sale disclosed on Tuesday....
...Amazon declined to comment....
...Amazon does not publish sales figures from its pharmacy division....
...“Big Pharma endorsing Amazon as a distribution partner bolsters Amazon’s role in healthcare and could be the start of many more of these arrangements.”...
...Sales at Amazon’s closely watched cloud computing division AWS, a key profit driver for the company, rose 13 per cent to $24.2bn in the three months to December....
...Amazon did not immediately respond to a request for comment....
...They are hardly alone in providing financial services to Amazon oil producers....
...Amazon said: “We are very disappointed with this decision, as we want to engage constructively with policymakers....
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