Medicines for dogs from Elanco (above) and Bayer (below) are available in an animal shelter on the treatment table of a veterinarian.Frank Rumpenhorst | picture alliance | Getty ImagesCompany: Elanco Animal Health Inc. (ELAN)Business: Elanco is an…
Jeff Bezos to step down as Amazon CEO,…
Amazon CEO Jeff Bezos will leave his post later this year, turning the helm over to the company's top cloud executive, Andy Jassy, according to an announcement Tuesday. Bezos will transition to executive chairman of…
Parler’s de-platforming shows the exceptional power of cloud…
Andy Jassy, CEO of Amazon Web Services.CNBCGetting kicked off Amazon Web Services is rare, but it has enormous consequences.It happened this week, when Amazon dropped Parler, a social network that gained traction from conservatives after…
Amazon to drop Parler from its web hosting…
Parler CEO John Matze joins CNBC's "Squawk on the Street" on July 2, 2020.CNBCAmazon has pulled the plug on Parler, a social media app popular with Trump supporters, in the wake of the deadly U.S.…
A Canadian ‘Buy Local’ effort fights Amazon on…
TORONTO — The snow was falling outside Ali Haberstroh’s apartment in late November when the idea came to her. At the time, Canada was nearing a second lockdown to curb rising coronavirus cases. In anticipation,…
Cloudtail’s fee to Amazon India more than doubles…
(This story originally appeared in on Jan 02, 2021)Cloudtail, one of the largest sellers on Amazon India, has seen its marketplace fee or commission to Amazon India more than double in the last two years…
Amazon to buy podcast maker Wondery
Amazon Echo Dot speakerCNBC | Richard WashingtonAmazon announced Wednesday that it's acquiring podcasting company Wondery, expanding its catalog of original audio content.As part of the deal, Wondery will join Amazon Music, the e-commerce giant's music…
Amazon hires lobbyist brother of Biden White House…
President-elect Joe Biden speaks prior to the holiday at the Queen theatre on December 22, 2020 in Wilmington, Delaware. Biden spoke ahead of the Christmas holiday and called the $ 900 billion coronavirus aid bill…
Amazon Wholesale’s revenue slumps 70% due to change…
Bengaluru: Revenue of Amazon India’s wholesale unit fell 70% to Rs 3,387 crore in the fiscal ended March 31, 2020, due to a change in government regulations that came into effect in February 2019, just…