How a resurgent Walmart saw off the Amazon threat
A decade ago, its huge stores looked outdated as online sales grew. Now they are pulling in more customers than ever ...
Amazon to spend $100bn this year in AI drive
Amazon has said it will pump about $100bn into its artificial intelligence initiatives this year as the ecommerce group ...
Temu, Shein and Amazon to be liable in EU for ‘unsafe’ or ‘illegal’ goods
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Amazon’s logistics success is a mixed package for UPS
Its ability to make money has been constrained by the fact that Amazon is both its largest customer and competitor ...
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Executives who ran failed Amazon ‘aggregator’ sued over alleged sham business
The collapse last year of the company, which was once valued at $6bn and had bought scores of independent Amazon marketplace businesses ... to “hide serious accounting irregularities and financial ...
Microsoft secures deal to restore Amazon rainforest and offset AI emissions
Tech giant acquires carbon credits worth around $200mn, as energy usage surges due to generative artificial intelligence ...