Ten billionaires reap $400bn boost to wealth during pandemic

Covid-19 pushed many into poverty but brought huge benefits for some of the wealthiest, renewing calls for fairer taxes

Ten of the richest people in the world have boosted their already vast wealth by more than $400bn (£296bn) since the coronavirus pandemic began as their businesses were boosted by lockdowns and financial crises across the globe.

The extra wealth accumulated by the 10 men – approximately $450bn, using Forbes figures – over the past nine months is more than the £284bn the British government is estimated to have spent on tackling the pandemic and the economic damage it has wrought on its 66 million people.

Continue reading...

Not Amazon: Canadian website takes on the online giant

Ali Haberstroh’s directory lists nearly 4,000 independent businesses in Toronto, Halifax, Calgary and Vancouver

In cities and towns around the world, darkened shopfronts and shuttered businesses have become an all-too-familiar symptom of the economic collapse triggered by the coronavirus pandemic.

But while small businesses and local retailers struggle with lockdowns and restrictions, e-commerce giants like Amazon have raked in billions in new profits.

Continue reading...

Amazon Echo 2020 review: the best-sounding smart speaker under £100

Thumping bass, great sound and new spherical design propels Amazon to top of the pile

Amazon’s fourth-generation Echo Alexa smart speaker is a complete redesign in form and audio, with the popular device transformed into a ball of sound.

The Echo costs £89.99 and is Amazon’s mid-range speaker, sitting above the £49.99 Echo Dot and below the £189.99 Echo Studio.

Continue reading...

Huge wealth of Rishi Sunak’s family not declared in ministerial register

Akshata Murty, Sunak’s wife, holds multimillion-pound portfolio making her richer than the Queen

The chancellor, Rishi Sunak, is facing questions over the transparency of his financial affairs after a Guardian investigation established that his wife and her family hold a multimillion-pound portfolio of shareholdings and directorships that are not declared in the official register of ministers’ interests.

Akshata Murty, who married Sunak in 2009, is the daughter of one of India’s most successful entrepreneurs. Her father co-founded the technology giant Infosys, and her shares in the company are worth £430m, making her one of the wealthiest women in Britain, with a fortune larger than the Queen’s.

Continue reading...

Thieves swap Amazon orders of PlayStation 5 for rice and other items

Online retailer is investigating a spate of pre-delivery thefts of newly released £450 console

Amazon has said it is investigating reports that brand new PlayStation 5 consoles have been stolen in transit, as customers have complained of missing deliveries, with bags of rice even delivered instead of the electronics.

Supply shortages have left the new games console even more desirable than its £450 price tag would suggest. But some shoppers waiting at home for the console to be delivered received an unwelcome surprise on Thursday and Friday, opening their parcels to find something other than the item they ordered.

Continue reading...

How Amazon became a pandemic giant – and why that could be a threat to us all

Online retail grew massively in lockdown, and Amazon reaped huge profits. But where is the company’s relentless innovation and automation heading – and is it time to clip its wings?

For the last year, Anna (not her real name) has been working as an Amazon “associate”, in the kind of vast warehouse the company calls a fulfilment centre. For £10.50 an hour, she works four days a week, though, during busy periods, this sometimes goes up to five. Her shift begins at 7.15am and ends at 5.45pm. “When I get home,” she says, “it’s about 6.30. And I just go in, take a shower and go to bed. I’m always exhausted.”

Anna is a picker in one of the company’s most technologically advanced workplaces, in the south of England. This means she works in a metal enclosure in front of a screen that flashes up images of the products she has to put in the “totes” destined for the part of the warehouse where customer orders are made ready for posting out. Everything from DVDs to gardening equipment is brought to her by robot “drives”: squat, droid-like devices that endlessly lift “pods” tall fabric towers full of pockets that contain everything from DVDs to toys – and then speed them to the pickers.

Continue reading...

Amazon ridiculed on Twitter for error reunifying Ireland

Tech firm told Northern Ireland resident who wanted to watch rugby that he didn’t live in UK

It was an unlikely statement from one of the world’s biggest companies, but for a brief period on Saturday afternoon it appeared that Amazon had pledged its backing to a united Ireland.

The tech company has now apologised after telling a resident of Northern Ireland that he could not watch its rugby union coverage because he didn’t live in the UK.

Continue reading...

Amazon charged with abusing EU competition rules

US tech firm accused by Brussels of using data it collects on retailers

Amazon has been charged by the European commission with using the sales data of independent retailers selling through its site to illegally gain an advantage in the European market place.

The US tech firm and online retailer was accused by Brussels of using the information it collects on retailers to focus its own efforts on the bestselling products with the biggest profit margins.

Continue reading...

‘This is revolutionary’: new online bookshop unites indies to rival Amazon

Bookshop.org, which launched in the US earlier this year, has accelerated UK plans and goes online this week in partnership with more than 130 shops

It is being described as a “revolutionary moment in the history of bookselling”: a socially conscious alternative to Amazon that allows readers to buy books online while supporting their local independent bookseller. And after a hugely successful launch in the US, it is open in the UK from today.

Bookshop was dreamed up by the writer and co-founder of Literary Hub, Andy Hunter. It allows independent bookshops to create their own virtual shopfront on the site, with the stores receiving the full profit margin – 30% of the cover price – from each sale. All customer service and shipping are handled by Bookshop and its distributor partners, with titles offered at a small discount and delivered within two to three days.

Continue reading...

Sacha Baron Cohen donates $100k to church of woman featured in Borat film

Jeanise Jones, 62, was unaware she was participating in comedy film while mentoring Borat’s fictional daughter

Sacha Baron Cohen, who stars in Borat Subsequent Moviefilm, has donated $100,000 (£77,000) to the church of a woman who was featured in his comedy film believing it was a real documentary.

Jeanise Jones, 62, thought she had been recruited by her place of worship, Ebenezer Missionary Baptist Church in Oklahoma City, to mentor Tutar, Borat’s fictional daughter who came to the US with him from Kazakhstan. But Jones didn’t find out until the film was released on Amazon Prime last week that Tutar was an actor and the man believed to be her father, Borat, was actually Baron Cohen.

Continue reading...

Bleach touted as ‘miracle cure’ for Covid being sold on Amazon

Consumers buying chlorine dioxide solution on Amazon platform say they have been drinking fluid despite FDA warnings

Industrial bleach is being sold on Amazon through its product pages which consumers are buying under the mistaken belief that it is a “miracle cure” for Covid-19, despite health warnings from the US Food and Drug Administration that drinking the fluid can kill.

Related: 'Archbishop' of Florida church selling bleach 'miracle cure' arrested with son

Continue reading...

Wealth of US billionaires rises by nearly a third during pandemic

Report includes Jeff Bezos, whose personal fortune has risen by 65% since 18 March

The already vast fortunes of America’s 643 billionaires have soared by an average of 29% since the start of the coronavirus pandemic, which has at the same time laid waste to tens of millions of jobs around the world.

The richest of the superrich have benefited by $845bn , according to a report by a US progressive thinktank, the Institute for Policy Studies.

Continue reading...

Drivers for Amazon contractor allege safety and wage abuses

Exclusive: Testimony of HGV drivers from ex-Soviet countries raises fresh questions over supply chain

Haulage drivers delivering to Amazon distribution centres across Europe allege that safety records are being deliberately manipulated and wages withheld in a breach of the e-commerce multinational’s pledges about working conditions in its supply chain.

HGV drivers recruited from former Soviet-bloc countries have told the Guardian that they were instructed to cheat tachograph machines that log their working hours, so that they could drive illegally long and unsafe stints in western Europe.

Continue reading...

UK to drop ‘Facebook tax’ in favour of post-Brexit trade deal

Recently introduced tax would have raised £500m, helping to reduce Britain’s huge Covid bill

The UK government is preparing to drop a recently introduced tax on global technology companies such as Facebook, Google and Amazon, due to fears that the so-called “Facebook tax” could jeopardise a post-Brexit trade deal.

Rishi Sunak is reportedly planning to ditch the digital services tax which was expected to generate about £500m to help pay towards the huge cost of the government’s response to the coronavirus pandemic.

Continue reading...

Amazon removes shirts with derogatory slogan about Kamala Harris

The removal of the items followed pressure from Twitter users who urged people to complain to the retail giant

Amazon has removed a clothing line emblazoned with an offensive slogan referring to Kamala Harris from its website after complaints from Twitter users who branded it “unacceptable”.

The T-shirts, tank tops and hoodies which had the words “Joe and the hoe” written in red, white and blue in the style of Democratic presidential nominee Joe Biden and his running mate Harris’s campaign logo, were on sale for between $24.99 and $42.99.

Continue reading...

New York unveils landmark antitrust bill that makes it easier to sue tech giants

The legislation comes as a federal panel is investigating the market power of Facebook, Amazon, Apple and Google

New York state is introducing a bill that would make it easier to sue big tech companies for alleged abuses of their monopoly powers.

New York is America’s financial center and one of its most important tech hubs. If successfully passed, the law could serve as a model for future legislation across the country. It also comes as a federal committee is conducting an anti-trust investigation into tech giants amid concerns that their unmatched market power is suppressing competition.

Continue reading...

Congresswoman plays emotional account of small business owner to Jeff Bezos – video

In a historic congressional antitrust hearing, Democrat Lucy McBath played a recording to Amazon chief Jeff Bezos of the testimony of a bookseller who sold books via Amazon. The businesswoman had felt her sales were throttled by the tech giant. 

In the recording, the seller pleads with Bezos to help her company, which supports 14 people. Bezos responded by saying he was surprised by the anecdote and expressed wanting to meet the woman

Continue reading...

‘Too much power’: Congress grills top tech CEOs in combative antitrust hearing

The US’s top tech bosses were told they have “too much power”, are censoring political speech, spreading fake news and “killing” the engines of the American economy, at a combative congressional hearing on Wednesday.

The historic hearing in Washington saw Jeff Bezos of Amazon, Tim Cook of Apple, Mark Zuckerberg of Facebook and Sundar Pichai of Google’s parent Alphabet appear before members of the House judiciary’s antitrust subcommittee and face intense questioning from lawmakers from both sides of the aisle.

Continue reading...

Revealed: Amazon told workers paid sick leave law doesn’t cover warehouses

California workers say the company is pressuring sick employees to show up – and flouting a California law meant to protect them from Covid-19

Amazon workers in southern California’s industrial heartland say the company’s policies are forcing sick employees to work and that warehouses are refusing to comply with a state paid sick leave law meant to prevent Covid-19 outbreaks.

In the Inland Empire region outside Los Angeles, Amazon workers told the Guardian they fear losing their jobs if they are ill and stay home. At least four Amazon warehouses in the region have recorded Covid-19 cases.

Continue reading...

Amazon is cracking down on protesters and organizing, workers say

At least six workers who have participated in protests or advocated for safer conditions have been fired during the pandemic

Amazon’s revenues topped $33m an hour in the first three months of the year as the coronavirus pandemic locked down large parts of the world. The sales boost has handed Amazon the biggest dilemma of its 25-year life: how to deal with a growing chorus of critics within the company. So far its reaction has only made matters worse.

Last week an Amazon vice-president, Tim Bray, resigned in protest at what he called the company’s “chickenshit” decision to fire colleagues in the company’s warehouse division who had highlighted safety issues. “Remaining an Amazon VP would have meant, in effect, signing off on actions I despised,” wrote Bray.

Continue reading...