Amazon, Prime and billion settlement
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Amazon faces trial this week over whether it duped people into enrolling in Prime membership
The FTC alleges Amazon tricked consumers into signing up for a Prime subscription and making it hard to cancel.
There are two interesting ways to view the situation. If you look at the company's income statement, you will see that product sales were, as noted, around $61.6 billion in the second quarter. Service-based revenue came in at $86.4 billion. From that standpoint alone, Amazon looks more like a service provider than a retailer.
Amazon and Winn-Dixie are joining forces to make grocery shopping easier for folks in Jacksonville and Orlando.
The company is increasingly focusing on supplying businesses with what they need, from janitorial supplies to kitchen equipment.
Seeking a sovereign cloud solution in Europe? AWS and SAP to offer secure, compliant cloud services on the new AWS European Sovereign Cloud.
Amazon.com said it planned to close all of its 19 Amazon Fresh UK convenience grocery stores, of which five would be converted to its Whole Foods Markets brand, less than five years after it entered the market.