pymnts Profile:
Amazon (NASDAQ: AMZN)
Amazon.com, Inc., doing business as Amazon, is a multinational technology company focusing in e-commerce, cloud computing, and artificial intelligence in Seattle, Washington.
Twitch Buys Bebo In eSports Push
June 18, 2019
To strengthen its eSports efforts, Amazon-owned streaming video site Twitch has acquired Bebo. The two platforms are said to work on growing the eSports business of Twitch, and Twitch Rivals ... Read moreWhy Pets Are Pulling Retail Innovation’s Leash
June 18, 2019
Pet retail is having a moment, with innovation and other efforts helping merchants better reach owners of dogs, cats and other household animals. The new developments show, among other things, ... Read moreConnected Vehicle Ecosystem Finds Fresh Fuel In Logistics
June 17, 2019
The path to the connected vehicle future — the payments, commerce and logistical ecosystem that is developing from that technology — is not a straight, single highway, but rather a collection ... Read moreWalmart Adds ‘Delivery Unlimited’ Grocery Offering
June 17, 2019
Walmart is making the latest entry into the grocery delivery wars — now an active battleground between Walmart, Amazon and Target for who can get the groceries to consumers door, ... Read moreAmazon’s Social Network Spark Goes Dark
June 16, 2019
After rolling out only about two years ago, shopping social network Amazon Spark has reportedly recently left Amazon’s apps and the internet. The feature reportedly aimed to connect the gap ... Read moreFormer FTC Chairman Seeks Balance In Big Tech Debate
June 14, 2019
In the debate between breaking up Big Tech and homing in more on privacy regulation, some observers propose seeking a balance. Former Federal Trade Commission (FTC) Chairman and George Washington ... Read moreAmazon To Make Push For Slumping Loan Business
June 14, 2019
Amazon is going to make a push to revitalize its loan business after a recent slump, according to a report by the Financial Times.
The eight-year-old business offers annual loans at ... Read moreThe Amazon/Walmart Whole Paycheck Tracker: Rethinking And Realigning
June 14, 2019
While this tracker normally focuses entirely on the moves and counter-moves of Walmart and Amazon as they race for the greater share of the consumer’s whole paycheck, every once in ... Read moreRetail Pulse: Rebag Opens Miami Store; Amazon Brings Second Amazon Go To NYC
June 14, 2019
Online brands are expanding their brick-and-mortar footprints: Online handbag marketplace Rebag, for instance, is opening a new store in Miami’s Design District with more stores said to come.
“The Handbag Heaven” ... Read moreAmazon’s Share Of Total eComm Sales: Now 37 Percent?
June 14, 2019
New estimates from eMarketer say that Amazon’s share of the U.S. eCommerce market is far below previous projections.
According to reports in The Information, eMarketer has lowered its 2019 estimate for Amazon’s share of U.S. online ... Read more
Amazon Restaurants Food Delivery Being Shuttered
June 11, 2019
eCommerce giant Amazon is gearing to close its Amazon Restaurants food delivery service.
GeekWire, citing Amazon, reported the service will be shut down in the U.S. as of June 24. The ... Read moreAmazon Expands One-Day Shipping To Millions Of Products
June 4, 2019
Amazon announced Tuesday (June 4) that it is expanding its one-day delivery with Amazon Prime, opening it up to members with no minimum purchase amount and adding more than ten ... Read moreAmazon Touts 10M Items Available For One-Day Delivery
June 3, 2019
The race to see which retail giant can get more to the consumer’s door faster is officially heating up just in time for summer vacation. Amazon announced today (June 3) ... Read morePacking Robots Coming To Amazon Warehouses
May 13, 2019
Amazon, which has been adding automation to its shipping and delivery services, is mulling deploying packaging machines at warehouses, which would scan packages as they come off the conveyor belt ... Read moreAmazon US One-Day Shipping Reach Now At 72 Pct Of Households
May 6, 2019
A new report has revealed that Amazon can offer same-day and next-day delivery to 72 percent of the U.S. population, including almost all of the households (95 percent or more) in ... Read moreXPO Tracking Stock Losses On Potential Minus Amazon As A Customer
February 17, 2019
XPO Logistics’ stock took a hit late last week after it revealed that its largest customer curbed its business with the last-mile delivery company.
According to a report in Reuters citing current and ... Read moreAmazon Aircraft Fleet Expansion Threatens FedEx, UPS
December 26, 2018
Amazon has announced it is expanding its partnership with Air Transport Services Group (ATSG) and will lease an additional 10 aircraft from the company.
Launched in 2016, Amazon Air initially leased ... Read moreAmazon Dumps Instacart For Whole Foods Deliveries — What’s Next?
December 14, 2018
Instacart will have to conquer the grocery-delivery business without the help of Amazon. That’s one take on the news Thursday (Dec. 13) that Instacart has begun the process of winding ... Read moreAmazon Grocery Delivery Now In More Than 60 Cities
October 25, 2018
Amazon announced that delivery from Whole Foods Market is now available in 63 cities, with plans for continued expansion across the U.S. throughout 2018.
Prime Now members in Albuquerque, Birmingham, Boise, ... Read moreAmazon, Trucking Startup CargoX Team On Brazilian Logistics
October 5, 2018
Amazon is partnering with startup CargoX on a pilot program that will use bulletproof trucks for the delivery of expensive goods in Brazil.
Bloomberg cited a source who revealed that the ... Read more
Bezos Expects Robotic Hands To Be Ready Within 10 Years
June 7, 2019
Amazon CEO Jeff Bezos revealed that he believes robotic hands, which should be able to grasp items as reliably as humans, will be ready for commercial use in the next ... Read moreAlexa Can Now Listen For Intruders
May 14, 2019
Amazon rolled out Alexa Guard in the U.S. on Tuesday (May 14), enabling Echo speakers to listen for intruders and other dangers and alert users to them.
As reported by The ... Read moreAmazon Launches Lending Referral Program In China
May 9, 2019
Amazon has launched a new lending service in China dubbed Lending Referral Program, which is open to select merchants that sell products on its site.
According to a report in CNBC citing ... Read moreAmazon’s Alexa Now Offers HIPAA-Compliant Skills
April 4, 2019
Amazon just entered a whole new market now that Alexa, its voice-activated digital assistant, is HIPAA-compliant, which it means it can handle patients’ sensitive information.
In a blog post, Amazon announced an invitation-only ... Read moreAmazon Aims To Offer Global Broadband From Space
April 4, 2019
Amazon is gearing up to provide broadband access to the world by relying on satellites orbiting in space.
According to a report in GeekWire citing three sets of filings made to ... Read moreIs Amazon Planning A ‘Megafleet’ For Electric Delivery?
February 22, 2019
Pretty much anything Amazon does impacts so much else — and that truth, one of the longest-standing in the world of commerce and payments, seems ready to play out when ... Read moreAmazon Patent Enables Alexa To Detect Illness Via Voice
October 15, 2018
Amazon is trying to make Alexa, its voice-activated personal assistant, act as a doctor or nurse, detecting illness by a change in the user’s voice.
The Next Web reported the company ... Read moreAmazon Unveils Fire TV Cube With Alexa
June 7, 2018
To allow users to control their television using Alexa, Amazon is rolling out the Amazon Fire TV Cube. The device, which is available for preorder starting on Thursday (June 7), ... Read moreAmazon’s AI ‘Rekognition’ Technology Identified Royal Wedding Celebrity Guests
May 21, 2018
Amazon helped viewers of this weekend’s royal wedding identify celebrity guests using artificial intelligence (AI).
According to The Motley Fool, those watching the wedding via U.K. broadcaster Sky News’ livestream were ... Read moreAmazon Ramps Up Robotics Efforts
April 23, 2018
Amazon is working on a secret project codenamed “Vesta” to build a domestic robot. The endeavor is led by Gregg Zehr, who heads up Amazon’s Lab126, Bloomberg reported.
While the Vesta ... Read more
Vodafone Users Can Now Make Calls Via Alexa Devices
June 12, 2019
Vodafone, the U.K. telecom company, is enabling customers to make and receive phone calls via an Amazon Echo Speaker with Alexa, its digital voice assistant, built in.
According to a report ... Read moreKnowles Releases Development Kit For Wake-On-Voice Alexa Headsets
June 12, 2019
The Knowles Corporation has announced the creation of a new hands-free solution, enabling original equipment manufacturers (OEMs) and original design manufacturers (ODMs) to build headphones, headsets and wireless earbuds that ... Read moreVisa-Western Union Deal And Alexa’s Roommate Potential Top The Week’s News
June 7, 2019
Yes, the weekend has arrived! We don’t know about you, but it was a busy week for PYMNTS, given all the news coming from the worlds of payments and commerce. ... Read moreAmazon SVP On Alexa And The ‘Star Trek’ Connection
June 6, 2019
Regulatory scrutiny is indeed coming to bear on big tech firms — along with increased attention on consumer privacy and use of data — but it is unlikely to deter ... Read moreAlexa’s Future As a Built-In Roommate
June 6, 2019
After a certain age, most consumers are no longer really in the market for a roommate — unless of course they happen to be married to them. While there are ... Read moreAlexa Conversations To Get More Natural
June 6, 2019
Amazon has announced the launch of Alexa Conversations, a new deep learning-based approach that developers can use for creating natural voice experiences on Alexa with less effort, fewer lines of ... Read moreAlexa Users Can Now Delete Voice Recordings
May 29, 2019
Amazon announced on Wednesday (May 29) an easier way for users to delete voice recordings on all Alexa-enabled devices, responding to the recent backlash.
Buried in a press release in which ... Read moreAll Alexa-Enabled Devices Now Support Announcements Feature
May 27, 2019
Amazon, the eCommerce giant based in Seattle, announced last week that its Alexa Announcements feature is now available for all certified Alexa built-in products.
In a blog post, the eCommerce giant ... Read moreAlexa Now On Call For Senior Care In The US
May 24, 2019
Before co-founding PrimroseIntel, Jason Gottschalk had never considered himself an entrepreneur. For the last decade, he has worked in the senior care industry, and until a year ago was the ... Read moreAmazon Pay Debuts Alexa Delivery Notifications For All Merchants
May 20, 2019
Amazon has announced the launch of Alexa delivery notifications for all merchants via Amazon Pay.
“We’ve gone from typing and touching to swiping and now to talking, each mode of interaction ... Read more