Amazon’s Jeff Bezos buying stake in UK digital startup Beacon

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Jeff Bezos, founder and CEO of Amazon, pictured on September 13, 2018.

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Jeff Bezos is investing in U.K. digital freight forwarding and supply chain finance firm Beacon, Sky News reported Sunday, without stating its sources.

The Amazon CEO and world’s richest man is taking part in Series A fundraising worth $15 million for the British startup, Sky reported. 

Freight forwarding is a trillion dollar industry, and Beacon aims to act as the booking agents between importers and exporters while facilitating trade logistics and finance, its website says. 

Based in London and founded in 2018, Beacon’s investors

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Amazon’s livestreaming platform Twitch announces safety advisory council

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(Reuters) – Amazon Inc (AMZN.O)’s video game live-streaming platform Twitch is forming an advisory council of experienced users, online safety experts and anti-bullying advocates to help improve safety on the site, Twitch said in a blog post on Thursday.

FILE PHOTO: The logo of Amazon is seen at the company logistics center in Lauwin-Planque, northern France, April 22, 2020. REUTERS/Pascal Rossignol

The council’s eight members will advise on product and policy changes, focusing on areas such as harassment and protection of marginalized groups.

Twitch, which was used last October to stream footage from shooting attacks in Germany, said

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U.S. House panel calls on Amazon’s Bezos to testify on third-party sellers

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FILE PHOTO: Amazon founder and CEO Jeff Bezos laughs as he talks to the media while touring the new Amazon Spheres during the grand opening at Amazon’s Seattle headquarters in Seattle, Washington, U.S., January 29, 2018. REUTERS/Lindsey Wasson/File Photo

WASHINGTON (Reuters) – The U.S. House of Representatives Judiciary Committee on Friday called on Amazon.com < AMZN.O> founder Jeff Bezos to testify to the panel about allegations that the online retailer uses data from its own third-party sellers to create competing products.

In a letter to Bezos signed by Democratic and Republican members of the panel, the lawmakers referred to an

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Amazon’s foreign websites named in U.S. piracy and counterfeiting report

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FILE PHOTO: The logo of Amazon is seen at the company logistics center in Lauwin-Planque, northern France, March 19, 2020. REUTERS/Pascal Rossignol

WASHINGTON (Reuters) – Several of Amazon.com Inc’s (AMZN.O) foreign websites have been added to the U.S. trade regulator’s “Notorious Markets” report on marketplaces known for counterfeiting and piracy concerns.

The Office of the U.S. Trade Representative on Wednesday cited allegations of counterfeit goods sold on the Seattle-based online retailer’s websites in Canada, Germany, France, India and the United Kingdom.

The office is “considering seeking more information regarding e-commerce platforms, including those based in the United States,

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