Amazon announced Wednesday (Oct. 4) that its Echo speaker, powered by voice-activated digital assistant Alexa, is now available in India and will be coming to Japan later in 2017. According to a press release, the company said Indian consumers will gain access to Alexa and the Amazon...
A Reuters news report said the European Union on Wednesday (Oct. 4) ordered Amazon to pay $295 million in back taxes that it received in the form of illegal tax benefits. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Beware, those who think defrauding or scamming Amazon is a good idea — getting caught can be costly. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our...
Fresh off its acquisition of Whole Foods Market, Amazon is eyeing further retail expansion — this time in Paris, France. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...
Sleep tech startup Eight has launched a new Alexa skill that allows users to interact with their mattress, both to control it (by adjusting the temperature, for example) and to access their sleep data using the Echo and other Amazon devices. Get the Full Story...
For the last several years, economists have been trying to crack the mystery of low U.S. inflation. Despite being ten years out of the financial crisis, U.S. inflation stubbornly refuses to resume normal growth and remains below the Fed’s 2 percent target. Get the Full...
Amazon has sold $1.6 million of Whole Foods’ private label products in the first month since acquiring the national grocery chain. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
As predicted, Amazon has a new Echo coming out in time for the holidays – and here’s how it plans to compete with Apple’s HomePod. Speaking of competing with Apple, the two are now in a price war over ultra HD video streaming, while Amazon’s...
In this week’s tracker, Amazon slowly spreads into trickier territory: prescription pharmaceuticals, smart glasses, and shipping alcohol (which is a logistical nightmare). It’s also made progress through the more traditional method of partnerships, though its most recent choices may not be what you’d expect. Finally,...