Search results for "amazon"

June 22, 2023
TikTok’s COO Vanessa Pappas Steps Down Amid Security Concerns

Vanessa Pappas, chief operating officer at Chinese-owned video-sharing platform TikTok, is stepping down from her position after nearly five years with the company. The announcement comes at a crucial time...


June 22, 2023
Humanoid AI Robots Step Out of SciFi and Into the...

Are we entering the age of the machine? As sci-fi-styled hardware and futuristic software advance together nearly in step, observers could be forgiven for wondering if we’ll find out in...


June 22, 2023
Overstock.com Wins Auction for Bed Bath and Beyond Digital and...

Bankrupt Bed Bath and Beyond Inc. is expected to sell its intellectual property and some of its digital assets to online retailer Overstock.com Inc. for $21.5 million, according to court...


June 22, 2023
AWS Launches $100M Program to Help Customers Implement Generative AI

Amazon Web Services (AWS) has launched a program to help customers accelerate their implementation of generative artificial intelligence (AI). The new AWS Generative AI Innovation Center will connect the company’s AI and machine...


June 22, 2023
Amazon’s Rumored Interest in Ocado Bodes Poorly for Incumbent Grocers

Reports that Amazon, among other U.S. tech companies, might be interested in British grocery technology company Ocado Group could mean a dramatic shift in the U.S. eGrocery space — and...


June 22, 2023
Amazon’s iRobot Purchase Faces EU Antitrust Probe: Sources

Amazon’s acquisition of iRobot for $1.7 billion is undergoing a full-scale antitrust investigation by the EU, following the company’s recent approval of the deal in the UK. In August of...


June 22, 2023
UK Supermarket Ocado May Be Facing Amazon Takeover

The shares of Ocado Group, a British online grocer, experienced a significant increase after reports from The Times suggested potential interest from multiple American suitors. The report states that major...


June 22, 2023
Rumored Bids for Ocado Underscore Digital Shift in Grocery Segment

Deal making spotlights the inroads digital technologies are poised to make in the grocery space. U.K.-based online grocery firm Ocado has reportedly been attracting interest from several would-be suitors, as reported by...


June 22, 2023
The Trickledown Consumerization of B2B Payments Helps Firms Win Business

There are few B2B billing systems that businesses enjoy using. The amount of paper still being pushed around across the B2B space, even as the ecosystem around it goes increasingly...


Walmart Vs. Amazon Whole Paycheck: Battle For The Digital-First Consumer
Amazon, Walmart Gain Q3 eCommerce Sales, But Lose Share of Total Spend  Spoiler alert: This edition of the Whole Paycheck Tracker report, the exclusive PYMNTS data dive on the claim Amazon and Walmart make on their share of the U.S. consumer’s whole paycheck, does not contain the customary exponential increases associated with these two retailers.
The Battle for Consumer Retail Spend: Amazon Versus Walmart Q2 2022: The Discretionary Spend Play
Amazon’s Lead in Consumer Discretionary Spend Remains Unchallenged  In the clash of the retail titans, Walmart leads in grocery and personal care spend, but Amazon dominates in clothing, furniture, appliances and hobbies, the Q2 2022 edition of "The Battle For Consumer Retail Spend: Amazon Versus Walmart" found, while also exploring ways consumers stand to gain from the rivalry.