Some Amazon shareholders have sent a letter to the company, according to CNBC, demanding that it stop selling its facial recognition software to government agencies. The investors want the eCommerce giant to stop selling Rekognition — technology from Amazon Web Services (AWS) that can identify and...
Amazon posted two job openings mentioning its HQ2 office in New York City. Both positions — posted within the last few days — are for engineering jobs for Intelligent Cloud Control (ICC), which helps connect the company’s properties, including Kindle, Amazon Video and Alexa. There are plans to hire...
Welcome to Five at Five, your late look at the day’s payments and commerce news. Today’s coverage includes the latest move by Amazon to attract more consumers in India, and the latest on a global ransomware attack. Goldman Sachs makes a cash management move, Panasonic...
There’s good news for Amazon Pay users in India: Amazon is giving customers in the region cashback of up to Rs 1,000 ($14) when they load in Rs 5,000 ($71) or more, according to reports. The service, which the retail giant introduced in January of...
Amazon has signed a seven-year deal with French robotics company Balyo, which has a navigation system that turns forklifts into self-driving vehicles. The deal stipulates that Amazon will receive stock warrants representing up to 29 percent of Balyo’s capital. The eCommerce giant will receive the...
Amazon has its eyes on expansion for its Whole Foods brand in closed Sears and Kmart stores, according to a report by Yahoo! Finance. The recent woes of Sears and other struggling retailers are seen as an opportunity for the online retail giant. Sources told...