Amazon (company)

Amazon.com, Inc., doing business as Amazon, is an American multinational technology company, engaged in e-commerce, cloud computing, online advertising, digital streaming, and artificial intelligence. It is considered one of the Big Five American technology companies; the other four are Alphabet, Apple, Meta, and Microsoft.
amazon-company

Some of the key events about Amazon (company)

  • 1995
    Launched as an online bookstore, revolutionizing e-commerce
  • 1999
    Introduced "1-Click" ordering, streamlining the online shopping process
  • 1999
    Patented the "1-Click" ordering system, criticized for stifling e-commerce innovation
  • 2000
    Implemented dynamic pricing, leading to accusations of price discrimination
  • 2002
    Launched Amazon Web Services (AWS), providing cloud computing services
  • 2005
    Introduced Amazon Prime, offering free two-day shipping for members
  • 2007
    Released the first Kindle e-reader, transforming digital book consumption
  • 2008
    Removed sales rankings for LGBTQ+ books, sparking controversy over censorship
  • 2009
    Acquired Zappos for $1.2 billion, expanding into online shoe and clothing retail
  • 2011
    Poor working conditions in warehouses exposed, including extreme heat and productivity pressures
  • 2014
    Introduced Amazon Echo with Alexa, pioneering voice-activated smart home technology
  • 2014
    Engaged in a dispute with publisher Hachette, delaying book shipments and removing pre-order buttons
  • 2015
    New York Times exposé revealed harsh corporate culture and management practices
  • 2017
    Acquired Whole Foods Market for $13.7 billion, entering the grocery industry
  • 2017
    Announced search for second headquarters, criticized for creating a "bidding war" among cities
  • 2018
    Became the second U.S. company to reach a $1 trillion market capitalization
  • 2018
    Faced scrutiny for low wages and reliance on government subsidies for employee benefits
  • 2019
    Canceled plans for New York City headquarters after local opposition to tax incentives
  • 2020
    Pledged to be net-zero carbon across its business by 2040
  • 2020
    Fired 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

Amazon Mandates Full-Time Office Return, Plans Management Overhaul

Amazon Mandates Full-Time Office Return, Plans Management Overhaul

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.

Society, Business •   •  31 views
Springfield, Ohio Faces Bomb Threat Amid Immigration Controversy

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.

Society, Politics • September 12 2024, 05:59 PM  •  153 views
Springfield Grapples with Misinformation and Immigration Tensions

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.

Society, Politics • September 12 2024, 02:39 PM  •  562 views
Retiree's Guide: Optimizing a £1.25M Portfolio for Income and Growth

Retiree's Guide: Optimizing a £1.25M Portfolio for Income and Growth

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.

Business, Economics • September 12 2024, 06:18 AM  •  895 views
Neil Gaiman's 'Good Omens' Production Halted Amid Misconduct Claims

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.

Society, Culture • September 11 2024, 10:11 PM  •  1071 views
Amazon's Alexa Sparks Controversy Over Alleged Political Bias

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.

Society, Politics • September 3 2024, 08:53 PM  •  490 views