Category Amazon

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Amazon Issuing $2.5B in Refunds to Eligible Prime Customers to Settle FTC Suit

Amazon is paying out $2.5 billion to eligible Prime customers to settle an FTC lawsuit that alleged it enrolled people without their consent.

The post Amazon Issuing $2.5B in Refunds to Eligible Prime Customers to Settle FTC Suit appeared first on TechRepublic.

Amazon Cuts 14,000 Corporate Jobs, Citing AI as ‘Most Transformative Technology’ Since the Internet

Amazon will cut about 14,000 corporate jobs as it restructures around AI, trimming layers and bureaucracy while shifting work toward automation.

The post Amazon Cuts 14,000 Corporate Jobs, Citing AI as ‘Most Transformative Technology’ Since the Internet appeared first on TechRepublic.

‘A tool in the fight against Amazon’: independent bookshops to begin selling ebooks

A new platform will be an alternative to Kindle, and bookshops will earn 100% of the profit from sales

The online store Bookshop.org is launching a platform through which independent bookshops in the UK will be able to sell ebooks as an alternative to Amazon’s Kindle offering.

Independent bookshops will earn 100% of the profit from sales, and ebooks will be priced the same as they are on Amazon.

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