RIO DE JANEIRO: Major mining companies are seeking to expand to currently protect the indigenous lands in the Amazon rainforest, bolstered by billions of dollars in financing from international banks and investment firms, a report found. Nine mining giants including Brazil’s Vale, Britain’s Anglo American and Canada’s Belo Sun have filed applications seeking authorisation to … Read more
BOGOTA – Using a machete, Norma Souza Matapi slices a pineapple from its roots and places it into a woven bag slung across her forehead as she tends a family food plot deep in Colombia’s Amazon rain forest. Indigenous communities in this remote corner of southeastern Amazonas province have preserved largely pristine tracts of forest … Read more
ISLAMABAD: With a retail market size of around $125 billion Pakistan offers huge opportunities for investment. In recent years, the country witnessed a mushroom growth of branded retail outlets but many of them were launched by the manufacturers to earn maximum profits. Unlike Walmart, Amazon, Costco or Schwarz Group, which fully cater to the needs … Read more
SAN FRANCISCO: Amazon on Thursday reported its profit doubled to $14 billion in the crucial holiday quarter, giving a boost to jittery markets that expected less due to higher labour, sourcing and delivery costs. The e-commerce colossus said its net sales climbed to $137 billion, and its profit benefited greatly from a return on investment … Read more
LAHORE: Despite considerable economic growth due to the easy market access in the post-pandemic scenario, e-commerce in Pakistan still remains far below its potential, market players and e-retailers said. The digital economy boomed during the Covid-19 crisis. As people embraced social distancing, they turned to online shopping more than ever before. The market share of … Read more
LAS VEGAS: The Consumer Electronics Show (CES), one of the world’s largest trade fairs, returns to Las Vegas in person this week under a newly resurgent pandemic that has supercharged the industry but threatens its downsized expo. Multiple companies, including Amazon, BMW and Microsoft, reduced or canceled their attendance as Covid-19 case numbers broke records, … Read more
PARIS, Jan 6, 2022 (AFP) – French regulators have hit Google and Facebook with 210 million euros ($237 million) in fines over their use of “cookies”, the data used to track users online, authorities said Thursday. US tech giants, including the likes of Apple and Amazon, have come under growing pressure over their businesses practices across … Read more
PARIS, Jan 5, 2022 (AFP) – US-European automaker Stellantis and Amazon are teaming up to develop onboard electronics systems that will bring the Alexa smart assistant to vehicles including the Jeep and Ram truck brands, the companies said Wednesday. The two will jointly develop a software platform for vehicles that will also include AI-enhanced applications for … Read more
LAS VEGAS, Jan 5, 2022 (AFP) – The Consumer Electronics Show (CES) throws open its doors to thousands Wednesday in Las Vegas despite surging Covid-19 cases in the United States, as one of the world’s largest trade fairs tries to get back to business. After a series of high-profile companies like Amazon and Google cancelled over … Read more
LAS VEGAS, Dec 31, 2021 (AFP) – The CES tech show announced Friday that the Las Vegas event next week will go on in person but will end one day early amid the surge in Covid-19 infections. Many high-profile participants like Amazon, BMW and Microsoft have pulled out or reduced their footprint at one of the … Read more
STRASBOURG – The European Parliament on Wednesday approved its proposal for major EU legislation to impose unprecedented restrictions on how tech giants do business. Lawmakers overwhelmingly voted in favour of their version of the Digital Markets Act, aimed at slapping far-reaching rules on behemoths like Meta/Facebook, Alphabet/Google, Amazon, Apple and Microsoft. The landmark legislation should give … Read more
LAUNCH SITE ONE, United States, (AFP) – Jeff Bezos’ Blue Origin company blasted its third private crew into space on Saturday and brought it back safely, this time including the daughter of the first American astronaut. The stubby white spacecraft with a round tip blasted off into clear blue skies over West Texas for a … Read more
SAN FRANCISCO: Amazon on Wednesday announced it committed more than $21 million to pilot a professional training, mentorship, and capital funding programme to promote real estate developers of colour. This two-year, part-time professional development programme, which is free for participants, aims to teach real estate developers of colour how to advance their careers. It also … Read more
ROME: Italian regulators hit Amazon with a 1.1 billion euros ($1.3 billion) antitrust fine on Thursday for allegedly abusing its dominance in the market, the latest action against US Big Tech in the EU. US technology giants have been in the firing line in the European Union over their business practices. In the latest salvo, Italy’s … Read more
BUFFALO: The ballots have been cast and, on Thursday, employees of three Starbucks cafes in New York state will learn whether they have created the first unions at outlets owned by the retail coffee giant in the United States. The move to unionise by baristas and shift supervisors, in the face of fierce resistance from … Read more
RIYADH: Amazon on Tuesday launched Alexa in Saudi Arabia offering customers an all-new, localised language experience in an Arabic Khaleeji dialect, Arab News reported. Alexa, the brain that powers the Echo device family, has unique new features built with Saudi customers in mind, new smart home integrations with compatible devices, and nearly 200 Alexa skills. It seeks … Read more
SAN FRANCISCO, Gaming platform Twitch on Tuesday introduced a tool that detects and blocks users who evade bans, a longstanding problem for victims of harassment. The leader in live videogame streaming has struggled for months to stem a wave of racist and homophobic harassment, which includes so-called “hate raids” against certain content creators. Stalkers have … Read more
ISLAMABAD: Daraz aims to host up to 300,000 small to medium enterprises (SMEs) in two years, its CEO said, as the firm seeks to bolster its position in its home market in the face of potential competition from global giant Amazon, Reuters reported. E-commerce growth in the country of 220 million is yet to take off fully, … Read more
Senior executives at Amazon’s business in India have been charged after two individuals reportedly utilized the website as part of a marijuana smuggling operation. Two men were arrested last week in the central Indian state of Madhya Pradesh for allegedly trafficking 20kg of the narcotic to other Indian states. According to police the males allegedly … Read more
From January 19th, 2022, Amazon will no longer accept payments made using Visa credit cards issued in the United Kingdom. Customers will continue to be able to use Visa debit cards issued in the United Kingdom, as well as MasterCard, American Express, and other credit cards. Amazon is refusing to accept Visa credit cards from … Read more
Amazon launched a Prime Video app for macOS users today. It can be downloaded for free from the Mac App Store. Prime Video app for macOS supports offline downloads. While streaming online or downloading, you can choose your preferred video quality. Currently, at the best setting, Amazon estimates approximately 5.9GB per hour of data usage … Read more
RIYADH: Rivian Automotive, the electric truck maker backed by Amazon, is seeking to raise as much as $8.4 billion in an IPO that could give it a market value of up to $53 billion, Bloomberg reported. The business plans to allocate up to 7 per cent of its shares to eligible US customers who had … Read more
RIYADH: Saudi Aramco is the world’s most profitable company in the third quarter, beating tech giants such as Google, Amazon and Apple, as well as other listed energy companies such as ExxonMobil and Shell, Arab News reported. Thanks to the recent increase in oil prices, the Dhahran-based company reported that its net income in the third quarter … Read more
Amazon, the e-commerce giant is now offering an opportunity to third-party retailers to sign up to Amazon and sell to its customers. Being a B2B and B2C marketplace, Amazon’s local selling opportunity promotes SMEs and offers them a chance to generate larger revenues remaining under Amazon’s brand name and sharing its customers through the company’s … Read more
When it comes to space exploration, the world’s wealthiest man has an insatiable appetite for all things extraterrestrial. Someone has pointed out that the net worth of Elon Musk has expanded tenfold, the SpaceX CEO has acknowledged it and indicated his desire to continue with his goal regarding Mars. His remark quickly drew a lot … Read more
Elon Musk, the famous founder of Tesla, recently congratulated his rival Jeff Bezos, the founder to Amazon, on his aerospace company, Blue Origin’s successful flight into space. Blue Origin sent 4 passengers to space on a trip that lasted approximately 11 minutes. The passengers included employees of NASA and Blue Origin, and none other than … Read more
MOSCOW: Russia on Tuesday is set to launch an actress and a film director into space in a bid to best the United States to the first movie in orbit. If successful, the Russian crew will beat a Hollywood project that was announced earlier this year by “Mission Impossible” star Tom Cruise together with NASA … Read more
The delivery man also told the couple that he had thrown the box onto the roof by accident and that he needed a ladder to retrieve it. Waiting for your package to arrive after it has been sent out for delivery may be a thrilling experience. However, a couple in California found themselves in an … Read more
