PayPal on Thursday said it’s offering $530 million in funding to black and minority communities to address racial and economic inequalities. Most of the money — $500 million — will be in the form of direct investments through PayPal Ventures, the payment company’s investment arm, to minority businesses and startups. “For far too long, Black …

Amazon said Wednesday that it will donate $10 million to groups focused on social justice and aiding black communities. The pledge is one of several from major tech companies made this week after a white police officer in Minneapolis was charged with the second-degree murder in the death George Floyd, a black man. The funds will go to organizations fighting against …

For the most up-to-date news and information about the coronavirus pandemic, visit the WHO and CDC websites. Courtenay Brown, who puts together grocery orders for online shoppers, says she’s afraid of coming into work at her Amazon Fresh warehouse in New Jersey. “For me right now in the warehouse, it’s chaos, it’s terrifying,” she said, wearing a neon-colored safety vest …

Amazon CEO and founder Jeff Bezos on Wednesday addressed a string of firings of activist employees at his company, following heavy criticism of the terminations, including by a group of US senators. “We didn’t fire anyone for speaking out about working conditions,” Bezos said during Amazon’s virtual shareholder meeting Wednesday as part of a Q&A portion. “We support every employee’s …

Walmart is bringing one of the biggest names in second-hand clothing sales to its site, marking the world’s largest retailer’s first entry into fashion resale. Starting Tuesday, ThredUp will be a seller on Walmart.com, providing a selection of nearly 750,000 pre-owned women’s and children’s clothing and accessories from brands including Nike, Carter’s, Michael Kors and Calvin Klein.  (ThredUp doesn’t sell …

Amazon this week reportedly picked a month for its annual Prime Day sale, moving it to September. The Wall Street Journal on Thursday reported on the expected timing, citing people familiar with the plans. An Amazon spokeswoman declined to comment for this story. Prime Day is typically held in July, but a later date was already expected. Reuters last month …

For the most up-to-date news and information about the coronavirus pandemic, visit the WHO and CDC websites. During the coronavirus pandemic, cash is out and touch-free payments are in. Adding to that trend, PayPal on Tuesday announced a new feature in its mobile app that will let customers make payments at stores, farmers’ markets and just about anywhere else using …

Walmart on Tuesday said it’s shutting down Jet.com, an e-commerce site that’s seen weakening online traffic for years. The announcement was part of the world’s biggest retailer’s latest quarterly earnings report, in which it said its online sales surged 74% during the coronavirus pandemic. Walmart said it’s discontinuing Jet “due to continued strength of the Walmart.com brand” and said Jet had …

For the most up-to-date news and information about the coronavirus pandemic, visit the WHO and CDC websites. Walmart said Tuesday that its e-commerce sales in the US jumped 74% in its latest quarter, powered by online grocery sales during the coronavirus crisis. That figure is huge for the big-box retailer, marking its biggest percentage increase for its online sales over …

Amazon is pushing back against an allegedly widespread tech support scam that the company says targeted its Alexa and Echo device customers through phony Alexa apps and websites. In a civil lawsuit Amazon filed in federal court in Seattle last week, the company said an international ring in Washington state and India developed a scheme to draw in people looking …