Channel 4 agrees late deal with Amazon Prime to air Emma Raducanu’s US Open final September 11, 2021 Emma Raducanu’s US Open final against Leylah Fernandez will be aired live for free on Channel 4 after the broadcaster agreed a last-minute deal with Amazon Prime. The 18-year-old is the first British woman to reach a Grand Slam singles final since Virginia Wade, who played at Wimbledon, in 1977. Amazon Prime Video had exclusive [...]
Amazon paid £492m in UK tax last year despite £20.6bn revenue September 8, 2021 Amazon has revealed that while revenue from UK activities surged 50 per cent in 2020 the company paid just £492m in direct taxes. The company’s total tax contribution from direct and indirect sources was £1.15bn following record revenue from UK activities of £20.63bn last year as successive lockdowns drove shoppers online. In 2019, Amazon raised [...]
E-commerce bonanza: Brits to spend record £120bn online this year alone September 6, 2021 Following a surge in online sales in 2020 thanks to Covid-19 and three strict lockdowns, UK shoppers are expected to further increase their spending as new data forecasts £120.5bn in online purchases this year alone. Online sales in the UK saw an increase of 46.5 per cent in 2020, with British consumers spending £110.6bn online [...]
Exclusive: Lawyer warns tech savvy teens could leave Children’s Code efforts futile September 3, 2021 Following a twelve-month grace period, the Age Appropriate Design Code has now come into force. The UK’s new digital privacy regulation will compel social media companies, gaming platforms and video services to protect children’s data online and has been lauded by campaigners as one of the first successful pieces of digital media regulation. The Code’s [...]
Global hiring spree: Amazon looking to recruit 55,000 people worldwide September 2, 2021 Amazon confirmed this afternoon it is planning another hiring spree, saying it looks to recruit 55,000 people around the world. The positions range from tech jobs to corporate roles to warehouse work packing and shipping orders for the online shopping giant. While other companies have laid off workers during the pandemic, Amazon’s workforce has ballooned [...]
Pandemic: High Street demise leads to explosion in demand for gigantic warehouses August 31, 2021 The enforced closure of high street stores saw the trend towards greater online sales rocket further this year, with retailers having to invest further into their warehousing capabilities to cope with delivery demand. In fact, the explosive growth in e-commerce, as a result of the pandemic, has seen almost 15m sq ft of new “super [...]
Big Tech vows to ramp up cybersecurity after White House summit August 26, 2021 Major US tech firms have pledged to ramp up their cybersecurity defences following a White House summit yesterday. Google, Microsoft, Amazon and IBM were among the companies to make multi-billion-dollar commitments as President Joe Biden called on top chief executives to “raise the bar on cybersecurity”. During a meeting alongside his members of his Cabinet, [...]
UK hiring woes: Amazon lures new recruits with £1,000 joining bonus August 25, 2021 E-commerce giant Amazon is offering new warehouse recruits a £1,000 joining bonus as it looks to attracts staff amid a mounting hiring crisis. The group is advertising for “urgently needed” warehouse pickers and packers across the UK to help meet booming online shopping demand. Job ads on the Indeed website reveal it is offering to [...]
Former Amazon vice president poached for Ocado board August 24, 2021 Online retailer Ocado has poached a former Amazon vice president and robotics expert for its board, as the supermarket looks to broaden its market share. Incoming independent non-executive director and board veteran, Nadia Shouraboura, is set to join Ocado at the turn of September. Shares lifted 2.43 per cent by the afternoon, taking the group’s [...]
Amazon plans to open department stores in US August 19, 2021 Amazon plans to open department stores in the U.S. allowing the trillion dollar tech company to expand its physical presence in retail. The company’s flagship retail stores are expected to be located in Ohio and California, an insider told The Wall Street Journal. The new spaces will offer customers access to household goods, clothing and [...]