Amazon

Amazon continues renewable energy spree with 476 MW purchase

Renewables notched another win as Amazon signed contracts to buy 476 megawatts of wind and solar on the Iberian Peninsula.  The power purchase agreements with multinational utility Iberdrola should help Amazon feed new data centers it has planned in the region. Last May, the company said it would invest $17 billion in infrastructure projects, including

Amazon continues renewable energy spree with 476 MW purchase Read More »

Amazon hikes prices for its Music Unlimited subscriptions

Amazon is the latest company to announce a price hike for its music streaming subscriptions. The company revealed this week that the price of an Amazon Music Unlimited Individual plan for Prime members is going from $9.99 per month to $10.99. As for subscribers without a Prime membership, the price of their subscription is going

Amazon hikes prices for its Music Unlimited subscriptions Read More »

Bookshop.org challenges Amazon with new e-book platform

Indie bookstore backer Bookshop.org launched an e-book platform on Tuesday, making it easier for readers to buy e-books without padding Jeff Bezos’s pockets. For years, Amazon’s chokehold and sway in the publishing industry have been so strong that authors and booksellers have accused the company of operating a monopoly. Amazon is dominant in the sale

Bookshop.org challenges Amazon with new e-book platform Read More »

Google commits to combatting fake reviews in the UK after 5-year probe

The U.K.’s antitrust regulator has reached an agreement with Google to counter the scourge of fake online reviews. The internet giant has committed to several remedies. Bogus endorsements have blighted the web since the creation of user reviews, which is why regulators around the world have been upping the ante on tech companies to put

Google commits to combatting fake reviews in the UK after 5-year probe Read More »

Madrona just announced its biggest fund ever, closing on $770M as other venture funds grow smaller

Seattle-based Madrona Capital is celebrating its 30 years in business by raising $770 million in fresh capital. This is the firm’s largest fundraise to date, exceeding $690 million across two funds Madrona closed in 2022.  While an 11% capital pool upsize may not seem significant, any increase at a time when many venture outfits are

Madrona just announced its biggest fund ever, closing on $770M as other venture funds grow smaller Read More »

UK appoints ex-Amazon executive Doug Gurr as interim chair of antitrust body

The U.K.’s Competition and Markets Authority (CMA) has a new interim chairman: former Amazon executive Doug Gurr (pictured above). The announcement comes as the U.K. seeks to position itself as a pro-growth, pro-tech nation by cutting red-tape and bureaucracy, with artificial intelligence (AI) taking center stage. The country is also nearing the end of a

UK appoints ex-Amazon executive Doug Gurr as interim chair of antitrust body Read More »

IMDb founder steps down as CEO after 35 years

IMDb, the Amazon-owned online database that provides information on movies, TV shows, and celebrities, announced on Tuesday that its founder, Col Needham, is stepping down as CEO. Nikki Santoro, who has served as the Chief Operating Officer since 2021, has been appointed as his successor. Santoro’s appointment is significant, as she is the first woman

IMDb founder steps down as CEO after 35 years Read More »