Articles about amazon

Pile of coins toppled

Warren Buffett says cryptocurrency attracts charlatans, AI won’t change investing

Famed investors Warren Buffett and Charlie Munger have strongly criticised cryptocurrencies and machine intelligence at the annual shareholder meeting of Berkshire Hathaway, the holding company they serve as chair and vice-chair respectively. Asked about AI’s potential to improve capital allocation, Munger said “ I think there …
Amazon CEO Jeff Bezos

I've got way too much cash, thinks Jeff Bezos. Hmmm, pay more tax? Pay staff more? Nah, let's just go into space

Comment Poor, poor Jeff Bezos. The Amazon chief executive has complained he has so much money, the only thing he can think to blow it on is his Blue Origin space tourism project. Bezos was in Germany last month to pick up the Axel Springer Award for being such an innovative person, and gave an extensive interview to the German …
Iain Thomson, 3 May 2018

US techies: We want to see Pentagon's defence of winner-takes-all cloud contract

The Pentagon's decision to hand a multibillion-dollar cloud contract to one vendor has come under renewed scrutiny, after an industry group urged Congress to make public the department's reports on the proposals. The IT Alliance for Public Sector wrote to the House Armed Services Committee this week to voice concerns about the …
Rebecca Hill, 2 May 2018
Banned

AWS sends noise to Signal: You can't use our servers to beat censors

Amazon has followed Google's example by lowering the boom on a practice called “domain fronting” that organisations like Signal use to get around government censorship. As defined by Amazon Web Services, "Domain Fronting is when a non-standard client makes a TLS/SSL connection to a certain name, but then makes a HTTPS request …
Woman in the Amazon jungle

Amazon: For every dollar of op. profit going into Bezos' pockets, 73 cents came from AWS

Amazon.com on Thursday reported $51bn in sales for its Q1 2018, an increase of 43 per cent from $35.7bn in the year-ago quarter. The company's net income reached $1.6bn for the quarter, or $3.27 per diluted share. That's more than double the company's Q1 2017 net income of $724m, or $1.48 per diluted share. Investors found …
Thomas Claburn, 27 Apr 2018
spy

'Alexa, listen in on my every word and send it all to a shady developer'

Amazon has shored up a security weakness in its technology to stop apps for Alexa-powered Echo personal assistants from secretly eavesdropping on folks. Alexa skills – software add-ons for the chatty voice-controlled assistant – could, once installed, have abused an Amazon-provided software development kit to continually …
Shaun Nichols, 26 Apr 2018
People looking in a car trunk

Happy having Amazon tiptoe into your house? Why not the car, then? In-trunk delivery – what could go wrong?

Amid worries about social network and ad-related privacy invasions, Amazon is asking for invitations into people's homes and cars. Expanding its Amazon Key service – by which delivery people can be granted access to the smart-locked homes of Amazon Prime members to drop off packages – the e-commerce behemoth has introduced …
Thomas Claburn, 24 Apr 2018
TV set with pirate flag isolated on white background

Amazon and Netflix join Hollywood to lob sueball at 'Kodi' service SetTV

Silicon Valley has historically been at war with Hollywood, so Amazon and Netflix's membership of a studio-dominated anti-piracy alliance may raise eyebrows. But it shouldn't: Amazon and Netflix are big studios now in their own right, and Apple is expected to join them. Last week the recently formed Alliance for Creativity and …
Andrew Orlowski, 23 Apr 2018
Person holding vape box

Amazon, LG Electronics turned my vape into an exploding bomb, says burned bloke in lawsuit

Amazon, LG Electronics and KMG-Imports are being sued by a man in the US State of Rhode Island for selling a vaping box and batteries that allegedly burst into flames and set him on fire. In a lawsuit filed last month in Rhode Island Superior Court in Providence County, and just shifted to US District Court for Rhode Island, …
Thomas Claburn, 20 Apr 2018
Amazon CEO Jeff Bezos

Jeff Bezos purple prose reveals Amazon Prime's passed 100m customers

Amazon has announced the yield from its money mine for the full year 2017: on full-year sales of US$178 billion, it generated an operating income of $4 billion and net income of $3 billion. The Bezos Bunch pulled most of its retail business in the Christmas period, since as we reported in February, Q4 2017 netted $1.9 billion …
Woman accidentally kicks over bucket of popcorn in cinema

From Bangkok to Phuket, they cry out: Oh, Bucket! Thai mobile operator spills 46k people's data

TrueMove H, the biggest 4G mobile operator in Thailand, has suffered a data breach. Personal data collected by the operator leaked into an Amazon Web Services S3 cloud storage bucket. The leaked data, which includes images of identity documents was accessible to world+dog before the mobile operator finally acted to restrict …
John Leyden, 13 Apr 2018
HMRC photo via Shutterstock

Amazon and eBay agree to expose potential VAT evaders for UK tax man

Amazon and eBay are to ink a deal with the UK tax man this month to provide data on potential VAT evaders. Both companies confirmed to The Register they will sign a voluntary agreement with HMRC, along with other online marketplaces, to combat sellers failing to pay their fair share of tax in Blighty. According to HMRC, the …
Kat Hall, 6 Apr 2018
AWS CTO Werner Vogels

AWS Summit SF: Most definitely not a sales event, nuh uh, no way

The 2018 AWS Summit in San Francisco began on Wednesday with shock and awe, a chest-thumping bass beat accompanying a fusillade of testimonials from business customers that have cozied up to Amazon's cloud infrastructure. Amazon CTO Werner Vogels, introduced by text-to-almost-human-speech service AWS Polly, then emerged to …
trump

Donald Trump whines and dines Oracle co-CEO Catz – reports

Oracle’s co-CEO Safra Catz was reportedly set to enjoy a slap-up meal with US president mop-haired windbag Donald Trump last night, giving the pair a chance to compare Amazon-bashing notes. The evening was, according to Bloomberg, also going to involve Peter Thiel, founder of CIA-backed data analytics biz Palantir, making it …
Rebecca Hill, 4 Apr 2018
An audiophile leaning back on a couch listening to music

Amazon warns you have 30 days before Music Storage files bloodbath

Amazon says subscribers to its moribund Music Storage Service have 30 days to claim any song files they have stored on the service or lose them forever. The Bezos Bunch says that, on April 29, new subscriptions to Music Storage will be cut off and current subscriptions will be allowed to run out. When that happens, those who …
Shaun Nichols, 30 Mar 2018
Trump

Donald Trump jumps on anti-tech bandwagon, gets everything wrong

Opinion Combining his three favorite pastimes – trying to steal the news cycle, getting all his facts wrong, and spreading brain farts on Twitter – Donald Trump went on anti-Amazon tirade on Thursday. While Facebook continues to be hauled over the coals for its loose relationship with the truth, and Google looks down with its hands …
Kieren McCarthy, 30 Mar 2018
reveal

Nest reveals the first truly connected home

Comment After years of hype, the connected home is finally here thanks to a range of new products available this week from Google-owned Nest. Having announced back in September that it would launch a new smart security system, doorbell and lock, the company finally put the last two into the market this week, as well as a new, smarter …
Kieren McCarthy, 17 Mar 2018
Monopoly photo via Shutterstock

Konichiw-aaaaargh! Amazon's Japanese HQ raided in antitrust probe

Amazon has had its Japanese headquarters raided by police as the web giant finds itself the focus of an antitrust probe. According to multiple media reports out of the country, Japan's fair trade commission carried out the raid earlier this week to gather evidence in its ongoing probe of the internet retail giant. "We are …
Shaun Nichols, 16 Mar 2018

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