Amazon may have to pay a fine of $425 million in EU privacy case
A European Union privacy regulator has proposed that a $425 million fine be levied against Amazon, as part of a process that could lead to the largest fine ever handed down under the EU’s law. The news comes from people close to the case.
The CNPD, Luxembourg’s data protection commission, ha... Read more
Amazon launches competitor for Google Maps
Amazon Web Services announced that it is making a new service generally available. The service helps developers add location-based capabilities like package tracking to apps. Amazon location Service is a simple and cheap way to add location functionality to all kinds of apps.
All of this is done... Read more
Amazon under the Federal Cartel Office’s microscope in Germany
Germany’s antitrust watchdog announced that it has opened an investigation into whether Amazon, the US retail giant, is leveraging its market dominance in unfair and illegal ways. The Federal Cartel Office said that the first step for the watchdog will be to look into whether Amazon is “of outs... Read more
Amazon found not guilty of tax evasion via Luxembourg
Amazon does not have to pay back 250 million euros in tax to the European Union. This was ruled by a judge after the company was accused of paying too little tax through a financial construction in Luxembourg.
In 2017, the European Commission ruled that Luxembourg had given an unfair tax advanta... Read more
AWS introduces Amazon FinSpace
The new analytics service aims to serve the Financial Services Industry.
Amazon Web Services is targeting financial analysts with a new, purpose-built data analytics tool that it says will enable them to perform their jobs much more effectively than before.
Amazon FinSpace is a new service th... Read more
French government warns of big tech’s control over payment services
The French privacy watchdog is once more nipping at the heels of the usual American technology giants
Digital payment services developed by U.S. tech giants such as Apple and Google risk reinforcing their market power, according to a report this week in Reuters.
The payment systems strengthe... Read more
AWS introduces service suite for video streaming
Amazon has announced AWS for Media & Entertainment. This is a suite of solutions for customers working in the fields of media and content.
AWS for Media & Entertainment combines components from five different AWS branches. These branches are Content Production, Media Supply Chain & A... Read more
Amazon releases IDE for data scientists
AWS has released Amazon EMR Studio. The development environment allows data scientists to build applications in the R, Python, Scala and PySpark languages with direct integration to Amazon EMR.
EMR Studio was announced as a preview version at the Amazon re:Invent event in 2020. With the IDE, Ama... Read more
Amazon announces its own Elasticsearch fork
Amazon has announced that it will be working on its own open-source fork of Elasticsearch, called OpenSearch. The company is doing this after Elasticsearch itself abandoned its Apache licensing model.
Amazon informed us that they started a new search engine project called OpenSearch. Besides Ope... Read more
AWS introduces alternative access method for broken VMs
AWS has announced the "interactive EC2 Serial Console". With this, the cloud service offers a way to solve problems with a virtual machine when this is not possible with a normal SSH connection.
With EC2 Serial Console, users get direct access to the serial port on the machine they are trying to... Read more