Stay updated with breaking news from May amazon. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Layoffs at Prime: Amazon cutting several hundred positions across Prime Video and MGM washingtontimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from washingtontimes.com Daily Mail and Mail on Sunday newspapers.
Amazon is cutting several hundred positions across its Prime Video and MGM Studios unit. Last month Amazon said that Prime Video users would start seeing ads on movies and television shows starting on January 29, setting a date for an announcement it made back in September. Mike Hopkins, senior vice president of Prime Video and Amazon MGM Studios, said in a note to employees that the company is boosting investment in areas with the most impact, while stepping back from others. ....
WASHINGTON: A top US antitrust regulator has sued Amazon, accusing the online retail behemoth of running an illegal monopoly by strong-arming sellers and stifling potential rivals. ....
A top U.S. antitrust regulator sued Amazon on Tuesday, accusing the online retail behemoth of running an illegal monopoly by strong-arming sellers and stifling potential rivals. The highly anticipated lawsuit is another test for the Biden administration as it tries to curb the power of big tech in the face… ....