Amazon has reached an agreement to acquire Elemental Technologies, a company that provides software-defined video solutions for multiscreen content delivery.  Terms of…

Amazon is hiring a staff of about 1,000 in the UK. The staff will not be on its list of seasonal workers, but on the company’s permanent payroll. The retail giant is Britain’s biggest online retailer, and employs roughly 6,000 people in its warehouses. According to a report by Sean Farrell at The Guardian, Amazon permanent employees get £7.39 an hour on an average, and can earn about £8.90 an hour after two years.

Thomas Szkutak, senior vice president and chief financial officer at online retail behemoth Amazon, will retire from the company in June 2015. Mr. Szkutak has been Amazon’s CFO since joining the company in October 2002. Brian Olsavsky, vice president of Finance for the company’s global consumer business, will succeed Mr. Szkutak as CFO.