Tag AMZN

Amazon.com Inc's (NASDAQ: AMZN) satellite venture, Tesla Inc (NASDAQ: TSLA) CEO Elon Musk-led SpaceX's Starlink network, and other satellite firms won a combined $278.5 million in contracts from NASA to demonstrate communications in space. Amazon's Project Kuiper, a planned network of over 3,000 satellites built to beam broadband internet to remote regions, won $67 million, Reuters reports. SpaceX's Starlink venture, a more extensive satellite-internet network with some 2,000 satellites in space...

Best Buy is a leading American tech retailer, catering to consumers & end-users seeking a wide-ranging electronic & digital devices. See more on BBY stock here...

Notable business headlines include Elon Musk’s The Boring Company raising $675 million for its tunnel-making venture, the Obama’s looking to end their exclusive podcast deal with Spotify, and Amazon debuting its new ‘Buy with Prime’ service for third-party sellers...

Amazon.com Inc's (NASDAQ: AMZN) plans to send injured U.S. warehouse staff to non-profit groups, like homeless shelters, kitchens, and charity shops, sparked criticism from workers' rights advocates, the Financial Times reports. There were 34,001 serious injuries at U.S. Amazon facilities in 2021, up 36% year-on-year. Amazon prioritized containing its serious injury rate after Amazon's warehouses attracted regulatory attention and heightened unionization efforts. Also Read: Amazon's Unionization...

As Amazon launches Buy with Prime, it appears to be leveraging the huge logistics infrastructure it built to deliver goods ordered on Amazon.com and offering it to other online retailers...

Netflix's slowing growth is disappointing, but the company does continue to grow. Revenue and profits are strong despite headwinds. See more on NFLX stock here...

Airlines, gas stations and retailers use complex algorithms to adjust their prices in response to cost, demand and competition. WSJ’s Charity Scott explains what dynamic pricing is and why companies are using it more often. Illustration: Adele Morgan...