amazon-com

Union calls new strikes at Amazon’s German warehouses

Workers at German warehouses of U.S. online retailer Amazon.com Inc were called out on strike by labor union Verdi on Wednesday as part of a long-running dispute over pay and conditions. Verdi said in a statement it was calling on workers at three of the nine Amazon warehouses in Germany to join the strike, which will run until Dec. 24. Workers at Amazon's warehouse in Koblenz already launched a strike

Here is the original post:
Union calls new strikes at Amazon’s German warehouses

amazon-com

SEC approves ‘Hubble Telescope’ for securities markets

The U.S. Securities and Exchange Commission voted on Tuesday to approve a massive stock and options trading database, prompted by the 2010 “flash crash,” aimed at helping regulators police the increasingly fast, fragmented and complex markets. The creation of a Consolidated Audit Trail establishes a regulatory central database for every trade order, execution, modification and cancellation, as mandated by the SEC in July 2012.

More here: 
SEC approves ‘Hubble Telescope’ for securities markets

amazon-com

Exclusive: EU regulators expected to clear $25 billion Abbott, St Jude deal: source

(Reuters) – EU antitrust regulators are expected to give conditional clearance to U.S. medical device maker Abbott Laboratories’ bid for peer St Jude Medical Inc , a person familiar with the matter said on Tuesday.

Original post:
Exclusive: EU regulators expected to clear $25 billion Abbott, St Jude deal: source

amazon-com

Elon Musk-backed AI startup and Microsoft sign cloud agreement

(Reuters) – OpenAI, the non-profit artificial intelligence (AI) research firm backed by Tesla Motors Inc’s Elon Musk and other prominent tech executives, has signed an agreement to run most of its large-scale experiments on Microsoft Corp’s flagship cloud service, Azure. OpenAI will use Azure for its experiments in deep learning and AI, and Microsoft will collaborate with the company …

View original here:
Elon Musk-backed AI startup and Microsoft sign cloud agreement

amazon-com

Target shakes up online leadership with eye on rivals

By Nandita Bose CHICAGO (Reuters) – Target Corp said on Friday its chief digital officer has left the company amid a company overhaul of its e-commerce operations to boost online sales and better compete with larger rivals such as Amazon.com Inc . Target said Jason Goldberger, who had been with the company for four years, will leave immediately.

Read more here: 
Target shakes up online leadership with eye on rivals

amazon-com

Cloud business boosts Microsoft’s quarterly revenue, shares rise

“Only two companies are setting the tone of enterprise computing, Microsoft Azure and Amazon AWS,” said Trip Chowdhry, managing director of Global Equities Research, referring to Amazon.com Inc's web services unit. Microsoft's revenue in what it calls its “intelligent cloud” businesses, which includes the Azure cloud platform and server software, rose 7 percent to $6.7 billion. Revenue for Azure – which customers can use to host their website, apps or data –

Excerpt from: 
Cloud business boosts Microsoft’s quarterly revenue, shares rise

amazon-com

Growth funds dumping Apple stock as iPhone sales seen sagging; value-managers moving in

By David Randall NEW YORK (Reuters) – Major U.S. growth mutual funds have been among the largest sellers of Apple Inc shares over the past six months, fueling speculation that the company’s days of supercharged growth have come to an end. Amid concerns that iPhone sales may be set to drop, the $77.3 billion American Funds Capital World Growth & Income Fund has sold all of its 1.7 million Apple …

Read the original post:
Growth funds dumping Apple stock as iPhone sales seen sagging; value-managers moving in

amazon-com

Wal-Mart pulls plug on smallest stores, shuts 269 locations

The move includes Wal-Mart's largest-ever single culling in the United States, where the company is closing 154 stores. The world's largest retailer said it hoped to transfer many of the 10,000 U.S. and 6,000

See more here:
Wal-Mart pulls plug on smallest stores, shuts 269 locations