Amazon (company)
Some of the key events about Amazon (company)
- 1995Launched as an online bookstore, revolutionizing e-commerce
- 1999Introduced "1-Click" ordering, streamlining the online shopping process
- 1999Patented the "1-Click" ordering system, criticized for stifling e-commerce innovation
- 2000Implemented dynamic pricing, leading to accusations of price discrimination
- 2002Launched Amazon Web Services (AWS), providing cloud computing services
- 2005Introduced Amazon Prime, offering free two-day shipping for members
- 2007Released the first Kindle e-reader, transforming digital book consumption
- 2008Removed sales rankings for LGBTQ+ books, sparking controversy over censorship
- 2009Acquired Zappos for $1.2 billion, expanding into online shoe and clothing retail
- 2011Poor working conditions in warehouses exposed, including extreme heat and productivity pressures
- 2014Introduced Amazon Echo with Alexa, pioneering voice-activated smart home technology
- 2014Engaged in a dispute with publisher Hachette, delaying book shipments and removing pre-order buttons
- 2015New York Times exposé revealed harsh corporate culture and management practices
- 2017Acquired Whole Foods Market for $13.7 billion, entering the grocery industry
- 2017Announced search for second headquarters, criticized for creating a "bidding war" among cities
- 2018Became the second U.S. company to reach a $1 trillion market capitalization
- 2018Faced scrutiny for low wages and reliance on government subsidies for employee benefits
- 2019Canceled plans for New York City headquarters after local opposition to tax incentives
- 2020Pledged to be net-zero carbon across its business by 2040
- 2020Fired employees who spoke out about warehouse safety concerns during the COVID-19 pandemic
Disclaimer: This material is written based on information taken from open sources, including Wikipedia, news media, podcasts, and other public sources.
Amazon (company) Latest news
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Amazon CEO Andy Jassy announces 5-day office attendance policy for white-collar workers, citing improved customer service. The company also plans to reduce management layers and increase individual contributors by March 2025.
Springfield, Ohio Faces Bomb Threat Amid Immigration Controversy
Springfield, Ohio evacuates buildings after a bomb threat, amidst false claims about Haitian migrants. The incident highlights tensions in the city, which has become a focal point in the national immigration debate.
Springfield Grapples with Misinformation and Immigration Tensions
Springfield, Ohio faces community division as false rumors about immigrants spread. Local authorities debunk claims while Haitian residents express fear amidst growing tensions in the city.
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A 73-year-old retiree seeks advice on managing a £1. 25M portfolio. Recommendations include reducing tech exposure, adding income investments, and diversifying assets for a balanced retirement strategy.
Neil Gaiman's 'Good Omens' Production Halted Amid Misconduct Claims
Amazon's "Good Omens" production pauses as Neil Gaiman faces sexual misconduct allegations. The acclaimed author denies all claims, but the controversy impacts his ongoing projects.
Amazon's Alexa Sparks Controversy Over Alleged Political Bias
Amazon's Alexa faced accusations of political bias after giving different responses about Trump and Harris. The company claims it was an error, reigniting debates on AI neutrality in technology.