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.
Online Grocery Ordering Coming To SNAP Recipients
April 18, 2019
Big news is in the offing for Walmart, Amazon and other chains that offer grocery ordering online – they have gotten a formal “green light” from the USDA to offer ... Read moreYouTube Coming To Amazon Fire TV Devices
April 18, 2019
Amazon and Google announced Thursday (April 18) that the two are gearing up to launch an official YouTube app on Amazon Fire TV devices and Fire TV Edition smart TVs, ... Read moreAmazon To Shutter China Marketplace
April 18, 2019
Amazon is set to shut down its domestic marketplace in China by mid-July. Citing people familiar with the matter, Reuters reported that the eCommerce giant has decided to focus on ... Read moreItaly Antitrust Authority Investigating Five Amazon Companies
April 16, 2019
The Italian Competition Authority (ICA) has launched an investigation into five separate Amazon outfits to determine whether the company is taking advantage of its position as the foremost logistical and ... Read moreItaly Competition Authority Launches Amazon Inquiry
April 16, 2019
Amazon is facing an inquiry by the Italian Competition Authority (ICA) over allegations that the company abused its position in the country’s eCommerce and logistic services markets.
According to the ICA, ... Read moreSan Francisco May Be First City To Ban Facial Recognition
April 16, 2019
The city of San Francisco moved a little closer to banning facial recognition software after adding amendments to the Stop Secret Surveillance ordinance.
According to a report in VentureBeat, the amendments ... Read moreSpotify Shares Sink On Amazon Music News
April 16, 2019
Reports that Amazon is planning to launch a free ad-supported music service caused Spotify shares to fall 4 percent on Monday (April 15).
According to Reuters, the eCommerce giant would offer the ... Read moreKroger Gains Traction In Multiple US Markets
April 15, 2019
In multiple large metropolitan areas of the United States, market share data indicates that Kroger is gaining traction. The grocer operates Kroger stores along with regional brands such as Fry’s, ... Read moreIn B2B eCommerce, Lowest Price Isn’t Always The Right Price
April 15, 2019
Amazon has found a gold mine with its third party sales service. Because the company takes a percentage of each sale from its third party sellers, as well as additional ... Read moreAmazon To Launch Free Ad-Supported Music Service
April 15, 2019
Amazon, the eCommerce giant, could launch a music service that is free and ad-supported in the coming days, reported Billboard.
According to Billboard, citing sources familiar with the plan, Amazon is ... Read more
XPO 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 moreAmazon Orders 20,000 Mercedes Benz Vans To Expand Delivery Fleet
September 5, 2018
Amazon announced on Wednesday (Sept. 5) that it is ordering 20,000 Mercedes Benz vans to expand its delivery fleet.
According to The Wall Street Journal, citing Amazon, the vans will also ... Read moreAmazon Wants To Help Entrepreneurs Start A Delivery Business
June 28, 2018
Amazon.com has come up with a new way to ensure packages arrive safely on customers’ doorsteps — it is incentivizing entrepreneurs to launch their own delivery businesses.
Citing comments Amazon made at ... Read moreAmazon Takes Tough Stance On Returns
May 22, 2018
Remember that old saying, “You break it, you bought it?” A tweak on that might read: “You click on it, you bought it.”
Or, in simpler language: “That’s enough.” So says ... Read moreSprouts No Longer Partnering With Amazon Prime
May 4, 2018
Sprouts Farmers Market announced that it has ended its Prime Now delivery partnership with Amazon. According to Reuters, the partnership ended on May 1.
In addition, the U.S. supermarket chain cut ... Read moreAmazon Rolls Out Prime Now Grocery Delivery In L.A.
April 11, 2018
Marking the seventh city for the Prime Now service, Amazon and Whole Foods Market have launched two-hour grocery delivery for Amazon Prime members in Los Angeles. The service also covers ... Read more
Amazon’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 moreAmazon Unlocks New Features For Amazon Key
April 6, 2018
Expanding upon the in-home delivery feature of Amazon Key, Amazon has rolled out smart entry upgrades to all customers nationwide, such as keyless entry, remote lock and unlock and guest ... Read moreAmazon Launches Debit Card In Mexico To Drive eCommerce Adoption
March 14, 2018
Amazon, the leading eCommerce player, has made a push into the financial market in Mexico, rolling out a debit card this week for the first time ever. With Mexicans reluctant to ... Read moreAlexa Can Now Text And Call From Tablets
March 13, 2018
Amazon announced that Alexa’s calling functionality, which allows users to place voice and video calls from Alexa devices, is now available on tablets, including iPads, Android tablets and the company’s ... Read more
How Big Tech Is Disrupting Big Healthcare
April 8, 2019
Big Tech is busy disrupting healthcare and shaping the industry’s future, and Amazon is showing the latest example of that — though it’s hardly the only force putting pressure for ... Read moreAmazon Wants Alexa To Track Medicine, Provide Health Data
April 8, 2019
Amazon.com is aiming to enable Alexa, its voice-activated digital assistant, to keep tabs on customers’ medicine and provide personal health updates.
As part of an effort to expand into healthcare, Amazon ... Read moreAlexa Earbuds To Move Amazon Into Wearables
April 4, 2019
In a move to take on Apple’s wireless earbud dominance, Amazon is planning to make its own version with Alexa capability, according to a report by Bloomberg.
The company is preparing ... Read moreAmazon’s Alexa Now Offers HIPAA-Compliant Skills
April 4, 2019Amazon 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 moreAlexa For Biz Lets Workers Make Custom Voice Apps
March 28, 2019
Amazon has launched Alexa for Business Blueprints, which are templates for the company’s voice assistant that will allow users to make and publish private voice skills without having to code ... Read moreAmazon’s Developer Reward Program For Alexa Expands To Spain, Italy And France
March 11, 2019
Amazon has expanded a program that rewards developers for creating top apps for its Alexa voice assistant to Spain, Italy and France, in a push to give people in those ... Read moreAmazon Discontinues Physical Dash Buttons
March 1, 2019
Amazon, the eCommerce giant, is discontinuing its physical Dash buttons that provided an easy way to order certain products over and over again.
According to a report in Engadget, Amazon stopped ... Read moreAmazon Debuts Third Alexa Accelerator Program
February 26, 2019
Amazon’s Alexa Fund has announced the launch of the third year of the Alexa Accelerator, powered by Techstars.
Up to ten companies from around the world will be selected to participate in ... Read moreSears Gets Alexa Nod For Smart Appliances
February 25, 2019
Sears has announced that more than 40 Kenmore smart appliances are now certified as Works with Alexa.
The certification means that the appliances meet Alexa’s Works With standards for responsiveness, reliability and ... Read moreGoogle Assistant Skills Trail Alexa By 52K
February 19, 2019
When it comes to the competition for developer mindshare in voice apps, Amazon is well ahead of Google.
Amazon recently announced that the number of available voice skills for Alexa devices is ... Read more