NewsBite

Amazon

This Month

xx

IMF warns Australia; Rich Lister charged; Families sell $180m hotel

Read everything that’s happened in the news so far today.

I’ve seen Amazon’s drone delivery future. The public may hate it

A visit to the e-commerce giant’s overhauled delivery program in Arizona left me impressed but sceptical that the public will welcome the flying machines.

  • Kevin Roose
The ABC News ticker in Times Square.

‘Libel warfare’: ABC payout to Trump sends chill across US media

There are now fears that Trump, who has threatened libel lawsuits against news media for decades, could use presidential power to muzzle the press.

  • Anna Nicolaou, Christopher Grimes and James Politi

Stuck for gift ideas? Here are 56 popular items this Christmas

Australian shoppers are spending with surprising gusto on gadgets, appliances, fashionable drink bottles, cosmetics gift sets and cult skincare products.

  • Simon Evans and Carrie LaFrenz
Jeff Bezos’s decision to cancel the Post’s endorsement of Kamala Harris led to 250,000 readers cancelling their subscriptions.

Amazon to donate $1.6m to Trump fund as big tech curries favour

The move by Amazon owner Jeff Bezos follows Meta’s donation of the same amount to the fund this week.

  • Karen Weise and Maggie Haberman
Advertisement

The Kmart wizard who wants to take Anko to the world

The discount store’s own brand was founded in 2019 and now sells more than a billion items every year. Ian Bailey is about to take it global.

  • Carrie LaFrenz
xx

Victoria’s asset sale; MinRes’ gag request; Wesfarmers’ rates alert

Read everything that’s happened in the news so far today.

The very name of Amazon’s new ‘Haul’ marketplace is a nod toward a trend of quantity over quality in shopping.

Amazon’s Temu copycat to fuel mindless Australian consumerism

The e-tailing giant’s “Haul” shopfront – an answer to cheap marketplaces that’s now on a US trial – is feeding a growing subculture of over-shopping.

  • Vanessa Friedman
Amazon has a number of large distribution centres and hopes to be able to do same-day delivery in every major city by 2026.

Amazon is quietly turning into a major rival for Coles and Woolworths

Goldman Sachs estimates it is now the second-largest online retailer in Australia, but sales are still a fraction of the big supermarkets. Will that change?

  • Updated
  • Carrie LaFrenz
Social media services such as Facebook, Instagram and TikTok won’t face a misinformation crackdown.

Labor targets Meta, Apple, Amazon and Google with tough new rules

Global tech giants face tough new rules and hefty fines as the government moves to stop digital giants unfairly pushing their own products onto consumers.

  • Tom McIlroy and Michael Read

November

Start-up stars: what’s happened to tech’s Class of 2021

VC firms that wrote huge cheques on very generous valuations in 2021 are now nervously watching Australia’s most heavily backed start-ups. How are they going now?

  • Tess Bennett
Anthropic chief executive officer Dario Amodei has said he expects the costs of developing larger AI models could eventually grow to $US100 billion, up from $US100 million this year.

Amazon invests an additional $6.2b in AI firm Anthropic

The funding deal includes provisions that the company will use Amazon Web Services data centres for some of its computing needs, as well as AWS-designed AI chips.

  • Matt Day
Coles CEO Leah Weckert testified at the ACCC supermarket hearing on Thursday.

Coles says focusing only on low prices sent customers away

Appearing at a competition inquiry, chief executive Leah Weckert says experience has shown shoppers want more than just cheap products.

  • Updated
  • Carrie LaFrenz
Sandra McNeil (left), Janet Menzies (middle) and Kate Gooden in Sydney.

How these top female Amazon execs are conquering Australia

Women are running three of company’s big growth areas in Australia – the retail juggernaut’s turnover is estimated to reach $6.5 billion this year.

  • Sally Patten
Peter Thiel

‘Anti-woke’ companies set to boom under Trump

Some in the president’s inner circle invest in the “parallel economy” of companies financing gun sales and a right-wing alternative to YouTube.

  • Hannah Murphy, Stephen Gandel and Patrick Temple-West
Advertisement

Amazon CEO denies full in-office mandate is ‘backdoor lay-off’

The controversial plan mandating workers come to Amazon offices every day starting next year, up from three days now, has caused consternation among employees.

  • Greg Bensinger

Return to office order is ‘dismissing our humanity’, say Amazon staff

Andy Jassy, Amazon’s chief executive, has said all the company’s white-collar staff would be expected at their desks from January 2.

  • Matthew Field
Former president Donald Trump and Apple boss Tim Cook.

The top five billionaire tech bros who are on the Trump train

From fawning phone calls to huge donations, here’s how the historically progressive bosses of Tesla, Amazon, Apple, Microsoft, Meta and OpenAI are preparing.

  • Amelia McGuire
Amazon’s Andy Jassy has told the AI story better than his big tech peers this earnings season.

Why Amazon was the big tech AI winner this earnings season

Alphabet, Meta, Apple and Microsoft were sold off after their artificial intelligence-laden results calls, but the online retailer had a better story to tell.

  • Paul Smith

October

eBay isn’t as fun as it used to be. It’s less an auction site now, and more an online marketplace.

Ebay struggle’s to stay relevant

It’s become just another online marketplace, as the auctions that once added to the thrill of the chase now make up a small fraction of transactions.

  • Ben East

Original URL: https://www.afr.com/company/amazoncom-5ub