August 14, 2023
Amazon Debuts AI-Powered Review Highlights
Amazon says it wants to give customers the power to review its reviews. To that end, the retail giant announced Monday (Aug. 14) the launch of an artificial intelligence (AI)-powered feature that highlights...
August 14, 2023
The Trade-Off With That Free, Unexpected Package You Received —...
Have you received an unexpected package lately? It might be from Amazon, Home Depot, or any other retailer you can think of. While receiving an unsolicited package might seem like...
August 13, 2023
Report: ByteDance Seems to Be Mixing TikTok With Lemon8
TikTok is apparently attempting to integrate with Lemon8, its sister social media platform. That’s according to a report Friday (Aug. 11) by TechCrunch, citing information by product intelligence company Watchful.ai. The collaboration appears...
August 13, 2023
Amazon’s Palm Payment System Aims to Challenge Apple and Google
Is Amazon’s palm payments method a serious challenger to Apple and Google? Or is it a “solution in search of a problem?” A report Friday (Aug. 11) by The Wall Street Journal (WSJ) examines those questions...
August 13, 2023
Investors Take Legal Action Against Amazon Over Anticompetitive Behavior
In a massive legal blow to Amazon, investors have filed a shareholder derivative lawsuit against the company’s board, CEO Jeff Bezos, and other senior executives for their lack of oversight...
August 11, 2023
Utz Sees Private-Label Competition Continue Amid Consumers’ Ongoing Inflation Concerns
Year-over-year grocery inflation may have slowed from its peak, but name brands continue to face competition from lower-priced private-label options, according to snacking giant Utz. The food company, which spans...
August 11, 2023
Tech Startups Close or Downsize as Funding Declines by 49%
The startup world is facing a historic slump with a venture funding drought threatening hundreds of previously funded businesses. Investors have sharply cut back on funding for tech and early-stage startups in...
August 11, 2023
Amazon Aims to Reduce Packaging Waste
Amazon is working toward reducing its use of packaging and now has millions of orders arriving to customers with no extra box. The retail giant has made changes both in-house and...
August 11, 2023
Amazon’s Plan to Scale Grocery Offerings May Dent Walmart’s Share
Seemingly as long as the world’s top two retailers have competed, Walmart has been considered the go-to for groceries while Amazon leads in non-food sales. Walmart’s crown in groceries is...
