Tag AMZN

(Bloomberg) -- Amazon.com Inc.’s $1.65 billion plan to buy vacuum cleaner maker iRobot Corp. is headed for an in-depth European Union probe unless the ecommerce firm makes an immediate offer that allays antitrust concerns.Most Read from BloombergTitanic Sub Search Chases Mystery Noises as Air Runs LowThese Are the World’s Most (and Least) Liveable Cities in 2023Modi Meets With Elon Musk and Ray Dalio as Global Money Flocks to IndiaDebris Found Near Titanic Wreck in Search for Missing VesselShort...

The European Commission is expected to launch an investigation into the acquisition of iRobot by Amazon, a report says...

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Russia in 2021 demanded that 13 firms, mostly U.S. technology companies such as Alphabet's Google, Meta Platforms' Facebook, Apple and Twitter become officially represented on Russian soil by the end of the year or face restrictions on advertising, data collection or money transfers. Moscow's subsequent invasion of Ukraine intensified Russia's disputes with Big Tech, ultimately leading to Twitter, Facebook and others being banned from the market...

Amazon.Com, Inc (NASDAQ: AMZN) and several other techs "heavyweights" weighed a bid worth 800p per share for Ocado Group PLC (OTC: OCDDY) (OTC: OCDGF). Ocado builds robots and software that help deliver groceries online. "A deeper consideration of the strategic logic and the actual likelihood of an official takeover approach will have to wait for more details," Bloomberg cites Jefferies analyst Giles Thorne. Jefferies has had a hold recommendation on Ocado since at least December 2021. Shares ou...

Amazon (AMZN) announces early access to Prime Day deals on various products and brands...

Amazon's $1.7 billion acquisition of robot vacuum cleaner maker iRobot faces a full-scale EU antitrust investigation, people familiar with the matter said, weeks after the U.S. online retail giant won UK approval for the deal. Amazon announced the takeover in August last year to expand its portfolio of smart devices which include Alexa voice assistant, smart thermostats, security devices and wall mounted smart displays. The European Commission is scheduled to launch a four-month investigation following the end of its preliminary review of the deal on July 6, the people said...

In this video, I will talk about Amazon (NASDAQ: AMZN), the FTC lawsuit regarding Amazon's deceptive Prime subscription tactics, how Amazon may surpass Walmart as the largest U.S. retailer, and why this remains my second-largest position despite macro uncertainty...

(Bloomberg) -- The International Monetary Fund confirmed rich countries have channeled $100 billion to finance lending for the world’s poorest economies, while Senegal announced $2.7 billion of energy-transition support and Zambia was set to clinch a debt restructuring at a summit in Paris on Thursday.Most Read from BloombergTitanic Sub Search Chases Mystery Noises as Air Runs LowModi Meets With Elon Musk and Ray Dalio as Global Money Flocks to IndiaChina Says Biden Calling Xi a Dictator Is ‘Pro...