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Trade unions from 11 different EU countries have written to data protection authorities across the bloc asking them to investigate Amazon’s data surveillance practices, according to a letter seen by Euronews today (7 May). The union leaders, from European countries where Amazon’s warehouses employ significant numbers of workers – including Austria, Germany, Ireland and Spain – question the online marketplace’s use of surveillance and algorithmic management. They claim that the tech giant uses hand scanners, activity monitoring software, video cameras, GPS devices and other tracking technologie...
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Amazon reported robust first-quarter earnings that surpassed market expectations as its cloud computing service, Amazon Web Services (AWS), experienced accelerated growth, buoyed by advancements in artificial intelligence (AI). The e-commerce giant’s shares rose by more than 1% in after-hours trading, despite a broad selloff on Wall Street. Overall strong quarterly earningsAmazon exceeded market expectations, reporting earnings per share of 98 pence on revenue of $143.3 billion, surpassing estimates of 83 pence and $142.5 billion, respectively. Its overall sales revenue increased by 13% from $...
Euronews (English)
The US earnings season has revolved around AI progress among major tech companies. Microsoft, Alphabet, and Meta have all indicated that their substantial investments in AI are beginning to pay off, evident in their robust quarterly earnings. Consequently, the focal point of Amazon's upcoming earnings report is likely to be its AI-aided business, AWS, and the rapidly expanding advertising segment. AWS may remain a stable growthAmazon's Web Services (AWS) is seen as a pivotal core business of the company, commanding the leading market shares in the cloud business, trailed by Microsoft's Azure a...
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Italy's antitrust authority has fined two Amazon subsidiaries €10 million for what it considers to be unfair commercial practices. The complaint specifically relates to the firm's 'Subscribe and Save' option, which allows customers to set up recurring deliveries of frequently purchased items. According to Italian officials, the automaticity of this function infringes on consumers' rights. "The pre-ticking of recurring purchase induces one to periodically buy a product - even without the effective need - thus limiting one's freedom of choice," the antitrust body said in a statement. Polish regu...
Euronews (English)
Five social-democrat lawmakers will visit Amazon facilities in Germany, Italy, Spain and the Netherlands today (12 April), after representatives from the e-commerce platform were banned from entering the European Parliament following several no-shows at planned hearings. During the visits, conducted together with trade union representatives, the lawmakers will want to hear more about working conditions from employees, a press statement by union UNI Europa, which coordinated the visits, said. The Socialist and Democrats (S&D) employment and social affairs spokesperson Agnes Jongerius (the Nethe...
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Tropical forest loss in Brazil and Colombia fell dramatically last year but fires and a rise in tree felling elsewhere severely counteracted this progress. In 2023, the tropics lost 3.7 million hectares of primary forest - an area just smaller than Bhutan, or the equivalent of losing 10 football fields per minute. That is around 9 per cent less tropical tree cover lost than in 2022, according to an annual survey by the research organisation the World Resources Institute (WRI) and the University of Maryland. Global tree loss would have been much higher without improvements in Brazil and Colombi...
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Polish regulators fined an Amazon operator €7.2 million (31 million zlotys) for “misleading consumers” about how and when they would receive their purchases. The complaint was against Amazon EU SARL, the Luxembourg-based operator of Amazon’s Polish website. SARL provides “website features and other products and services” to customers on Amazon landing sites or devices, according to the company’s terms and conditions. When customers place an order, they receive a terms and conditions “contract” with Amazon EU SARL. The regulators found “misleading practices” about when a sales contract is concl...
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Amazon said on Wednesday it is pouring an additional $2.75 billion (€2.55 billion) into Anthropic, bringing its total investment in the artificial intelligence startup to $4 billion (€3.7 billion). Amazon will maintain a minority stake in San Francisco-based Anthropic, a rival of ChatGPT maker OpenAI. “Generative AI is poised to be the most transformational technology of our time, and we believe our strategic collaboration with Anthropic will further improve our customers’ experiences, and look forward to what’s next,” said Swami Sivasubramanian, vice president of data and AI at AWS, Amazon's ...
Euronews (English)
Amazon must comply with EU platform rules that require the company to set up a public ad repository, pending the outcome of a substantive appeal of its designation by the EU executive under the Digital Services Act (DSA), the European Court of Justice (ECJ) said in a statement today (27 March). The US tech company last year appealed a European Commission decision that designated Amazon as one of the Very Large Online Platforms (VLOPs) under the DSA. This would require Amazon Store to make a repository containing detailed information on its online advertising publicly available. Amazon tried to...
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Famous for its world-class carnivals, glorious beaches, towering Christ the Redeemer statue and hearty cuisine, Brazil is a country of staggering proportions and diverse landscapes. The country is also home to a wealth of natural wonders and outdoor activities, making it a top holiday choice for outdoor lovers and thrill seekers looking for an adrenaline rush. Among its most renowned treasures is the Amazon rainforest, which spans over 6.7 million square kilometres and represents over half of the planet's remaining rainforests. Its fragile biodiversity is unmatched and is home to millions of s...
Euronews (English)
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