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An aerial view of deforestation in Nascentes da Serra do Cachimbo Biological Reserve in Altamira, Para state, Brazil, in the Amazon basin

Deforestation turning Amazon into source of CO2

Climate change and deforestation have flipped a large swathe of the Amazon basin from absorbing to emitting planet-warming CO2, a transformation that could turn humanity's greatest natural ally in the fight against global warming into a foe, researchers have reported.

World • 14 Jul 21

Jeff Bezos transformed Amazon from a modest online bookseller into one of the world's most powerful corporations

Bezos leaves enduring legacy as he quits as Amazon CEO

As he prepares to blast off into a new career stage, Jeff Bezos leaves an enduring legacy after transforming Amazon from a modest online bookseller into one of the world's most powerful corporations.

Business • 05 Jul 21

The UK competition watchdog has opened a formal investigation into Amazon.com and Google

UK watchdog opens formal probe into Amazon, Google

Britain's competition regulator has today started a formal investigation into whether Amazon and Google may not have done enough to prevent or remove fake reviews.

Business • 25 Jun 21

The HomePod mini has proximity sensors that makes it easy to control from your iPhone

Review: Apple HomePod mini

Apple is a bit late officially bringing its HopePod mini to the Irish market. But it does have features that make it attractive as an option for smart speaker purchasers.

Business • 19 Jun 21

The ex-wife of Amazon founder Jeff Bezos has pledged to give away the bulk of her fortune from their divorce settlement

MacKenzie Scott to donate further $2.7bn to charity

MacKenzie Scott, one of the world's wealthiest women, has announced a new round of large charitable donations totalling $2.7 billion for educational, community and other nonprofit organisations.

Amazon • 16 Jun 21

Amazon more than tripled its first quarter net profit for this year to $8.1 billion

Amazon may prove exception to global tax rules

World leaders have agreed a new minimum global tax rate at the G7 summit, but Amazon could escape paying the higher levy.

World • 09 Jun 21

The MGM deal will give Amazon a huge library of films and TV shows

Amazon snaps up MGM for $8.45 billion

Amazon.com said today it is buying MGM, the fabled US movie studio home to the "James Bond" franchise, for $8.45 billion.

Business • 26 May 21

Lossless is a higher quality audio format that preserves every detail of the original audio file without compressing the quality while streaming

Amazon, Apple not to charge extra for lossless music

Amazon.com and Apple will let users stream high-quality lossless audio at no extra charge, as they explore new ways to keep subscribers tuned in to their services amid intense competition.

Business • 17 May 21

Amazon said the new UK jobs will include roles at its corporate offices, Amazon Web Services and operations network

Amazon to create 10,000 jobs in the UK this year

Amazon said today it would create 10,000 new permanent jobs in the UK in 2021, taking its total workforce in the country to over 55,000.

Business • 14 May 21

Amazon wins $303m court fight in blow to EU tax crusade

Amazon has won its fight against an EU order to pay about €250m in back taxes to Luxembourg in another blow to competition chief Margrethe Vestager's crusade against preferential deals.

Business • 12 May 21

Whole Foods customers can associate a credit card with their palm print

Amazon to let Whole Foods shoppers pay with their palms

Amazon.com said it is rolling out biometric technology at its Whole Foods stores around Seattle from today, letting shoppers pay for items with a scan of their palm.

Business • 21 Apr 21

The company recorded an operating profit of €40.49m after the firm incurred administrative expenses of €2.55bn

Profits drop 28% at Amazon's data centre Irish arm

Pre-tax profits at the data centre arm of Amazon's Irish operation last year declined by 28% to €28.5m.

Business • 15 Apr 21

Amazon, the second-largest private employer in America, has been criticized by some of its 800,000 employees for having harsh working conditions

Bezos says Amazon needs to 'do better' for employees

Amazon needs to do better at taking care of its employees, Jeff Bezos has said in his final letter to shareholders as chief executive officer of the online retail giant.

Business • 15 Apr 21

Bezos is stepping down from the CEO role during third quarter of 2021

Amazon CEO Bezos endorses US corporate tax hike

Amazon.com supports a hike in the US corporate tax rate as part of an infrastructure overhaul, Jeff Bezos, chief executive of the largest US retailer has said.

Business • 07 Apr 21

This year's billionaires are worth a combined $13.1 trillion

Amazon founder Jeff Bezos tops Forbes' billionaire list

Forbes' annual world's billionaires list includes a record-breaking 2,755 billionaires, with Amazon founder Jeff Bezos topping it for the fourth consecutive year.

Business • 06 Apr 21

Are you ready to list your business on Amazon?

6 tips to help you start selling on Amazon

Fiona Alston spoke to an Irish Amazon success story to garner some top tips for Boost My Business readers willing to explore the marketplace.

Boost My Business • 22 Apr 21

Amazon to cut Deliveroo stake to 11.5% in London IPO

Amazon.com is to cut its stake in Deliveroo to 11.5% from 15.8% when the British food delivery company goes public via an initial public offering, its IPO prospectus said.

Business • 23 Mar 21

Patrick and John Collison founded Stripe in 2010

Stripe to create at least 1,000 new jobs in Ireland

Stripe, the online payments firm founded by Irish brothers Patrick and John Collison, is to create at least 1,000 new jobs here over the next five years.

Business • 15 Mar 21

Alan Coleman, CEO and founder of Wolfgang Digital

Irish online retail sales soar by 159% in 2020

Irish online retail sales grew by 159% in 2020, according to new figures from digital agency Wolfgang Digital, up from average annual growth of 32% between 2017 and 2019.

Business • 18 Feb 21

James sued four days after Amazon filed its own lawsuit in Brooklyn federal court to stop her from suing

New York attorney general sues Amazon

New York Attorney General Letitia James sued Amazon.com yesterday over its handling of worker safety issues around the Covid-19 pandemic at two warehouses, just days after the retailer filed its own lawsuit seeking to block her case.

Business • 17 Feb 21

Rosslare now has 16 ferry services per week sailing directly to France and Spain

Increase in Amazon freight from EU through Rosslare

At least 20 trucks carrying Irish consumers' Amazon purchases are coming through Rosslare Europort from the continent every day since Brexit came into effect at the beginning of the year.

Leinster • 11 Feb 21

When the mid-life crisis strikes

Jeff Bezos last week stepped down as CEO of Amazon, the company he founded more than 25 years ago.

Business • 09 Feb 21

What Jeff Bezos has achieved with Amazon is remarkable - but others have paid the price for its growth

Bezos' Amazon captures the contradiction of big tech

Jeff Bezos' legacy captures perfectly the contradiction of the modern tech industry, writes Adam Maguire, as Amazon.com has brought innovation and convenience to the many in a way that ultimately benefits the few.

Business • 07 Feb 21

According to the report, the company currently supports an estimated 8,700 jobs here

Amazon spends €2bn on Irish data centre network

Online giant, Amazon has made an estimated capital spend of €2bn on its network of data centres here over the past decade.

Business • 02 Feb 21

Solid results from Netflix sparked a rally in shares of stay-at-home winners

S&P 500, Nasdaq scale record highs

The S&P 500 and the Nasdaq hit all-time highs on Wednesday as Joe Biden became the 46th U.S. president, while solid results from Netflix sparked a rally in shares of stay-at-home winners.

Business • 20 Jan 21