Key PointsAmazon to meet Paris climate goals 10 years ahead of schedule CEO Jeff Bezos unveiled a sweeping new plan on Thursday to tackle climate change, committing the retail giant to .In what he is calling the "Climate Pledge," Bezos also promised to measure and report the company's emissions on a regular basis, implement decarbonization strategies and alter its business strategies to offset remaining emissions.Bezos expects 80% of Amazon's energy use to come from renewable sources by 2024, up from a current rate of 40%, before transitioning to zero emissions by 2030."We want to use our...…Key PointsAmazon to meet Paris climate goals 10 years ahead of schedule CEO Jeff Bezos unveiled a sweeping new plan on Thursday to tackle climate change, committing the retail giant to .In what he is calling the "Climate Pledge," Bezos also promised to measure and report the company's emissions on a regular basis, implement decarbonization strategies and alter its business strategies to offset remaining emissions.Bezos expects 80% of Amazon's energy use to come from renewable sources by 2024, up from a current rate of 40%, before transitioning to zero emissions by 2030."We want to use our...WW…

Key PointsIn this articleAmazon to buy MGM Studios for $8.45 billion Wednesday it will acquire MGM Studios for $8.45 billion, marking its boldest move yet into the entertainment industry and turbocharging its streaming ambitions.The deal is the second-largest acquisition in Amazon's history, behind its of Whole Foods in 2017.a day agoAmazon said it hopes to leverage MGM's storied filmmaking history and wide-ranging catalog of 4,000 films and 17,000 TV shows to help bolster Amazon Studios, its film and TV division."The real financial value behind this deal is the treasure trove of IP in the...…Key PointsIn this articleAmazon to buy MGM Studios for $8.45 billion Wednesday it will acquire MGM Studios for $8.45 billion, marking its boldest move yet into the entertainment industry and turbocharging its streaming ambitions.The deal is the second-largest acquisition in Amazon's history, behind its of Whole Foods in 2017.a day agoAmazon said it hopes to leverage MGM's storied filmmaking history and wide-ranging catalog of 4,000 films and 17,000 TV shows to help bolster Amazon Studios, its film and TV division."The real financial value behind this deal is the treasure trove of IP in the...WW…

Key Points CEO Jeff Bezos has declined a request to discuss issues around income inequality before the Senate Budget Committee, the company confirmed to CNBC.Sen. Bernie Sanders, a Vermont independent and chairman of the Senate Budget Committee, had invited Bezos to appear in front of the committee as part of a hearing on income inequality slated for March 17.Bezos has faced criticism from for its labor practices during the coronavirus pandemic, including ending hazard pay for frontline workers, while Amazon of the pandemic-fueled e-commerce boom."I have invited Jeff Bezos to testify in the...…Key Points CEO Jeff Bezos has declined a request to discuss issues around income inequality before the Senate Budget Committee, the company confirmed to CNBC.Sen. Bernie Sanders, a Vermont independent and chairman of the Senate Budget Committee, had invited Bezos to appear in front of the committee as part of a hearing on income inequality slated for March 17.Bezos has faced criticism from for its labor practices during the coronavirus pandemic, including ending hazard pay for frontline workers, while Amazon of the pandemic-fueled e-commerce boom."I have invited Jeff Bezos to testify in the...WW…

IE 11 is not supported. For an optimal experience visit our site on another browser.SKIP TO CONTENTBy  is expanding its palm-scanning payment system to a Whole Foods store in Seattle, the company announced Wednesday, the first of many planned rollouts at other locations., which debuted in September and is currently in use at about a dozen Amazon physical stores, allows shoppers to pay for items by placing their palm over a scanning device. The first time shoppers use the kiosk, they have to insert a credit card to link it with their palm print. But after that, shoppers can pay simply...…IE 11 is not supported. For an optimal experience visit our site on another browser.SKIP TO CONTENTBy  is expanding its palm-scanning payment system to a Whole Foods store in Seattle, the company announced Wednesday, the first of many planned rollouts at other locations., which debuted in September and is currently in use at about a dozen Amazon physical stores, allows shoppers to pay for items by placing their palm over a scanning device. The first time shoppers use the kiosk, they have to insert a credit card to link it with their palm print. But after that, shoppers can pay simply...WW…

Key PointsIn this articleThe National Labor Relations Board (NLRB) has found illegally retaliated against two of its most outspoken internal critics when it fired them last year.Last April, Amazon Emily Cunningham and Maren Costa, two former user experience designers, for "repeatedly violating internal policies." Cunningham and Costa argued they were fired in retaliation for their continued criticism of Amazon.The NLRB confirmed to CNBC that it found merit to Cunningham and Costa's unfair labor practice complaint, which was . If Amazon doesn't agree to settle the case, the agency said it...…Key PointsIn this articleThe National Labor Relations Board (NLRB) has found illegally retaliated against two of its most outspoken internal critics when it fired them last year.Last April, Amazon Emily Cunningham and Maren Costa, two former user experience designers, for "repeatedly violating internal policies." Cunningham and Costa argued they were fired in retaliation for their continued criticism of Amazon.The NLRB confirmed to CNBC that it found merit to Cunningham and Costa's unfair labor practice complaint, which was . If Amazon doesn't agree to settle the case, the agency said it...WW…

Key PointsNearly 6,000 Amazon warehouse workers vote on whether to unionize is playing an aggressive defense against its critics as it stares down a historic union vote at one of its warehouses in Alabama. In recent days, Amazon has sparred with a handful of high-profile lawmakers on Twitter over its working conditions, tax policies and threats to break up Big Tech. The jabs came from Amazon's , which counts close to 175,000 followers, and , the company's consumer boss.The social media fury started when Clark last week fired off a series of tweets defending the company's labor...…Key PointsNearly 6,000 Amazon warehouse workers vote on whether to unionize is playing an aggressive defense against its critics as it stares down a historic union vote at one of its warehouses in Alabama. In recent days, Amazon has sparred with a handful of high-profile lawmakers on Twitter over its working conditions, tax policies and threats to break up Big Tech. The jabs came from Amazon's , which counts close to 175,000 followers, and , the company's consumer boss.The social media fury started when Clark last week fired off a series of tweets defending the company's labor...WW…

Key PointsIn this article is expanding its palm-scanning payment system to a Whole Foods store in Seattle, the company announced Wednesday, the first of many planned rollouts at other locations., which debuted in September and is currently in use at about a dozen Amazon physical stores, allows shoppers to pay for items by placing their palm over a scanning device. The first time shoppers use the kiosk, they have to insert a credit card to link it with their palm print. But after that, shoppers can pay simply by holding their hand over the kiosk.Amazon One is distinct from the company's Just...…Key PointsIn this article is expanding its palm-scanning payment system to a Whole Foods store in Seattle, the company announced Wednesday, the first of many planned rollouts at other locations., which debuted in September and is currently in use at about a dozen Amazon physical stores, allows shoppers to pay for items by placing their palm over a scanning device. The first time shoppers use the kiosk, they have to insert a credit card to link it with their palm print. But after that, shoppers can pay simply by holding their hand over the kiosk.Amazon One is distinct from the company's Just...WW…

Key PointsLast week, triggered privacy concerns when it confirmed it's used by some of its contracted delivery partners. But the company has for years been using software to monitor and track delivery drivers' behavior on the road.Amazon requires contracted delivery drivers to download and continuously run a smartphone app, called "Mentor," that monitors their driving behavior while they're on the job. The app, which Amazon bills as a tool to improve driver safety, generates a score each day that measures employees' driving performance.The delivery service partner (DSP) program, launched in...…Key PointsLast week, triggered privacy concerns when it confirmed it's used by some of its contracted delivery partners. But the company has for years been using software to monitor and track delivery drivers' behavior on the road.Amazon requires contracted delivery drivers to download and continuously run a smartphone app, called "Mentor," that monitors their driving behavior while they're on the job. The app, which Amazon bills as a tool to improve driver safety, generates a score each day that measures employees' driving performance.The delivery service partner (DSP) program, launched in...WW…

Key Points drivers at some U.S. facilities will soon have an extra set of eyes watching them when they hit the road to make their daily deliveries. The company recently began testing AI-equipped cameras in vehicles to monitor contracted delivery drivers while they're on the job, with the aim of improving safety. Amazon has deployed the cameras in Amazon-branded cargo vans used by a handful of companies that are part of its delivery service partner program, which are largely responsible for last-mile deliveries. The cameras could be rolled out to additional DSPs over time, and...…Key Points drivers at some U.S. facilities will soon have an extra set of eyes watching them when they hit the road to make their daily deliveries. The company recently began testing AI-equipped cameras in vehicles to monitor contracted delivery drivers while they're on the job, with the aim of improving safety. Amazon has deployed the cameras in Amazon-branded cargo vans used by a handful of companies that are part of its delivery service partner program, which are largely responsible for last-mile deliveries. The cameras could be rolled out to additional DSPs over time, and...WW…