Bronfman’s Paramount plans include partnerships with Amazon or Apple
By Nilutpal Timsina (Reuters) - Edgar Bronfman's plans for Paramount Global include partnering with technology companies like Amazon.com or Apple to improve its streaming TV business, Bloomberg News reported on Saturday, citing people familiar with his thinking. Paramount Global (also known
India minister accuses Amazon, e-commerce firms of predatory pricing
By Aditya Kalra and Shivangi Acharya NEW DELHI (Reuters) - India's commerce minister accused Amazon and other e-commerce companies of predatory pricing practices and said the sector's rapid rise should not disrupt millions of brick-and-mortar stores operating in the country. Amazon and
EV maker Rivian halts production of Amazon delivery vans amid parts shortage
By Zaheer Kachwala (Reuters) - Rivian has temporarily suspended production of its commercial delivery vans used by retail giant Amazon.com due to a shortage of parts, a spokesperson for the electric vehicle manufacturer said on Friday. Shares of the Irvine, California-based
NBA signs broadcasting deal with Disney, Amazon, Comcast worth $77 billion
By Harshita Mary Varghese and Akash Sriram (Reuters) - Walt Disney's ESPN, Comcast-owned NBCUniversal and Amazon.com have clinched the rights to carry National Basketball Association games in an 11-year deal valued at $77 billion, the league said on Wednesday. The NBA rejected
Meet the company: Amazon in Milan
Amazon in Milan: Alexa, a familiar name, represents more than just a voice assistant. The brainchild of Amazon, it has evolved into a veritable ecosystem capable of profoundly influencing the way we interact with technology and our own daily lives.
Apple okays Epic Games marketplace app in Europe
By Jaspreet Singh and Foo Yun Chee (Reuters) - Apple said on Friday it has approved Epic Games' games marketplace app on iPhones and iPads in Europe, after the "Fortnite" maker escalated its feud with the technology giant, accusing it of
Talen asks US regulators to reject challenge to Amazon data center deal
By Laila Kearney NEW YORK (Reuters) - Talen Energy has asked U.S. regulators to reject a challenge to its recent Amazon data center deal, which is being opposed by a group of electric utilities that say the agreement could raise power
Amazon lures cofounders from startup Adept to bolster AI efforts
By Greg Bensinger and Krystal Hu (Reuters) - Amazon.com hired away artificial intelligence startup Adept's co-founders and some of its team in a move that echoes one by rival Microsoft, as it seeks to battle a perception that it is playing
Amazon mulls $5 to $10 monthly price tag for unprofitable Alexa service, AI revamp
By Greg Bensinger SAN FRANCISCO (Reuters) - Amazon is planning a major revamp of its decade-old money-losing Alexa service to include a conversational generative AI with two tiers of service and has considered a monthly fee of around $5 to access