May Amazon News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Amazon is cutting several hundred positions across its Prime Video and MGM Studios unit. Last month Amazon said that Prime Video users would start seeing ads on movies and television shows starting on January 29, setting a date for an announcement it made back in September. Mike Hopkins, senior vice president of Prime Video and Amazon MGM Studios, said in a note to employees that the company is boosting investment in areas with the most impact, while stepping back from others.

Amazon is cutting several hundred positions across its Prime Video and MGM Studios unit

WASHINGTON: A top US antitrust regulator has sued Amazon, accusing the online retail behemoth of running an illegal monopoly by strong-arming sellers and stifling potential rivals.

A top U.S. antitrust regulator sued Amazon on Tuesday, accusing the online retail behemoth of running an illegal monopoly by strong-arming sellers and stifling potential rivals. The highly anticipated lawsuit is another test for the Biden administration as it tries to curb the power of big tech in the face…

Highly anticipated lawsuit is another test for Biden administration as it tries to curb power of big tech in face of pushback from US courtrooms.