Category: Amazon
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Five men were convicted for running Jetflicks, a low-cost streaming service that amassed more TV shows than Netflix, Hulu, and Amazon Prime combined
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If a streaming service sounds too good to be true, it probably is. In the case of Jetflicks, it was too good to be considered legal. A federal jury in Las Vegas has indicted five male defendants for their roles in a complex scheme to scrape popular TV shows and…
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Where Will Amazon Stock Be in 3 Years?
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With its shares rising by 23% since the beginning of the year so far Amazon (Nasdaq: AMZN) It has finally rebounded from the post-pandemic recession. The recovery depends on streamlining the e-commerce business and focusing on exciting new growth engines such as artificial intelligence. Let’s explore how these dynamics may…
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Thousands of Amazon Flex drivers file arbitration claims for misclassification as contractors By Reuters
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(Reuters) – Thousands of Amazon.com (NASDAQ:) Flex (NASDAQ:) drivers filed arbitration claims on Tuesday, alleging they were misclassified as independent contractors rather than employees, the lawyer representing the drivers told Reuters. About 15,800 drivers have filed arbitration claims with the American Arbitration Association, seeking compensation from Amazon for unpaid wages,…
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Amazon drivers file 15,000 claims alleging they were shorted on pay
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Thousands of delivery drivers have filed legal claims against them Amazon on Tuesday, alleging that the company’s classification of them as independent contractors rather than employees resulted in unpaid wages and other financial losses. About 15,860 Amazon Flex drivers have filed arbitration claims with the American Arbitration Association, where 453…
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Amazon to buy some assets of Indian video streaming service MX Player (NASDAQ:AMZN)
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Amazon (Nasdaq: AMZN) has entered into an agreement to acquire certain assets of the Indian video streaming service MX Player. The e-commerce giant is acquiring some of MX Player’s assets, but not the entire company. The deal is not completed yet. “we We’re always looking for ways to offer new…
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Did Amazon Just Say “Checkmate” to Nvidia?
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Much of the current discussion around artificial intelligence (AI) revolves around “Seven greats“Stocks. Over the past 18 months, big tech companies have made a series of headline-grabbing billion-dollar investments in artificial intelligence initiatives. Among the leaders in the Seven Wonders are Nvidia And Amazon (Nasdaq: AMZN). While Nvidia seems to…
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Amazon adds Grubhub food delivery service to Prime membership program By Investing.com
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Amazon (NASDAQ:) is improving its Prime membership perks by offering free Grubhub subscriptions to its members, a move aimed at adding more value to its $139-a-year loyalty program. Previously, Prime members got a year-long subscription to Grubhub, which included free delivery on orders over $12. The new deal, announced Thursday,…
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Amazon workers: Co discouraged action for abducted colleague
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Amazon has been criticized since the beginning of the Iron Sword War for its silence on the fact that one of its employees in Israel, Sasha Trofanov, was kidnapped to the Gaza Strip on October 7. Trufanov works in the Annapurna Laboratories Department. The company’s subsidiary is responsible for developing…
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Insiders share the best and worst things about working at Amazon By Investing.com
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Amazon (NASDAQ:), one of the world’s largest e-commerce and cloud computing companies, is known for its efficiency and innovation. However, former employees shared mixed experiences about what it’s like to work at the tech giant, highlighting the benefits and challenges. One common positive aspect noted by former employees is the…
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Insiders share the best and worst things about working at Amazon By Investing.com
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Amazon (NASDAQ:), one of the world’s largest e-commerce and cloud computing companies, is known for its efficiency and innovation. However, former employees shared mixed experiences about what it’s like to work at the tech giant, highlighting the benefits and challenges. One common positive aspect noted by former employees is the…
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This Artificial Intelligence (AI) Cloud Stock Will Join Microsoft, Alphabet, and Amazon in the $1 Trillion Club
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Right now, there are only seven companies in the world that have scale Market value In excess of $1 trillion. These companies are ranked from largest to smallest Microsoft, apple, Nvidia, the alphabet, Amazon, Saudi Arabian OilAnd Meta platforms. The obvious theme here is that most of these companies operate…
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Amazon to announce new 1.2 billion euros investment in France By Reuters
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