Category: Amazon News
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Amazon’s CEO is Taking a Massive Pay Cut
Recently Amazon has been cutting costs and cutting staff. Now CEO Andrew Jassy is having his 2022 pay cut from $212 million per year to $1.3 million. Andrew Jassy became CEO of Amazon in 2021 and is already earning less than Amazon founder Jeff Bezos, who is now the executive chair. There is no word…
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Amazon Has a Free Recycling Program For Electronics That Everyone Should Try
Do you have junk you want to get rid of? Hidden away amongst the many programs Amazon offers is a free recycling program for electronic equipment, even offering free shipping for the devices you trade in. However, there are a few limitations to the devices that Amazon accepts, mainly only allowing smaller items to be…
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Amazon Plans to Make Artificial Diamonds to Speed Up The Internet
Amazon, for years, has looked at how to make services work faster and have the internet speed up. Now Amazon has a new idea, and they need diamonds to do it. So now Amazon has established a new research collaboration with the mining company, De Beers Group, aiming to develop artificial diamonds for quantum networking.…
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Amazon Pharmacy Patients Can Now Automatically Save Even More on Medications
For millions of Americans living with chronic health conditions every day, the accessibility and cost of medications can be overwhelming. Conditions like diabetes, obesity, and asthma oftentimes require newer, branded prescriptions to enable a better well-being and healthier future. However, these life-saving medications can be too expensive for the majority of people who need it…
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Amazon Sues Sellers for Abusing Their Takedown Request System
Three lawsuits have been filed by Amazon against certain groups, claiming that these sellers were abusing Amazon’s takedown system by filing thousands of illegitimate copyright complaints against other products in an attempt to get consumers to buy their merchandise instead. According to the lawsuits, the alleged sellers didn’t only file fake complaints, the parties also…
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Amazon is Warning Customers About Highlighting ‘Frequently Returned’ Products
Amazon has recently begun displaying a warning message about frequently returned items; the company is beginning to buckle down on customer responses after rumors of a recession are growing. Industry-wide e-commerce returns increased dramatically during pandemic lockdowns and while return rates are not as bad as they once were, Amazon is still suffering financially from…
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Twitch to Lose 400 Employees Amidst Amazon Lay Offs
In a recent statement by Andy Jassy, CEO at Amazon, it was announced that an additional 9,000 positions will be terminated at Amazon within the next few weeks. This report comes months after the original ball-drop that was Amazon’s decision to eliminate 18,000 positions, which was revealed in January. As a result of these recent…
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Amazon’s Home Internet Service Announces What Speeds It Will Offer
For years now, Amazon has been talking about offering a home internet service now, it is becoming a reality after receiving FCC approval. Over the next few years, Amazon will start launching satellites into space to offer internet to what Amazon’s CEO says could be 400 million customers. One of the big questions we have…
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Amazon is Looking at Taking on Google’s Chrome With Their Own Web Browser
Increasingly Amazon has been looking at how it can fill almost every need you have, from delivering products physically and digitally to offering internet service. Now Amazon is reportedly exploring the idea of taking on Google’s Chrome browser. Recently Amazon started to email customers to see if they would be interested in using a browser…
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Amazon Freevee to Add 6 New Free Channels in March
Amazon’s Freevee services of more than 200 FAST channels is growing with the addition of new exciting channels for the month of March. Some of the new channels include the following: You can stream these channels and more on Freevee anytime and anywhere without a subscription on Apple TV, Fire TV, Roku, online, or on…