Search results for "amazon"

July 19, 2023
The Race to Develop Voice AI Faster Than Scammers Can...

Generative artificial intelligence (AI) plays three notes: text, voice and video.  And with all the hype around text-based generative AI capabilities, it’s easy to forget about the other two.  But...


July 19, 2023
Report: Apple Said to Be Working on LLMs and Gen...

Apple is reportedly working on artificial intelligence (AI) tools. The tech giant has not announced a strategy for releasing the technology to consumers, but its development of large language models (LLMs)...


July 19, 2023
ACI Worldwide and Dock Bring ‘Acquiring-as-a-Service’ to Brazil

ACI Worldwide says it wants to bring “Acquiring-as-a-Service” to the Brazilian market. To that end, the real-time payments software company has teamed with Dock, a Latin American FinTech, to debut...


July 19, 2023
Temu Accuses Rival Shein of ‘Intimidation’ in Federal Lawsuit

The rivalry between two Chinese online retailers spilled over into U.S. federal court. In an antitrust suit filed in Massachusetts last week, Temu accuses fast-fashion competitor Shein of trying to...


July 19, 2023
European Union Extends Deadline for Amazon’s iRobot Acquisition

It appears that the European Union’s antitrust regulations have taken center stage yet again, as regulators have extended their deadline for a decision on Amazon’s controversial $1.7 billion acquisition of robot vacuum...


July 19, 2023
UK’s CMA Clears Broadcom’s $61 Billion Buyout of VMware

Britain’s Competition and Markets Authority (CMA) gave a provisional green light on Wednesday to computer chip and software maker Broadcom’s planned $61 billion buyout of cloud technology company VMware, after...


July 19, 2023
DRINKS CEO: Alcohol eCommerce Market Poses Multibillion-Dollar Opportunity

As consumers increasingly turn to eCommerce platforms to get their day-to-day needs met alcohol remains largely left out of the digital shift, leaving a significant opportunity for those that can...


July 19, 2023
Lowe’s Same-Day Service Delivery Goes Nationwide

Lowe’s is taking its same-day delivery offering nationwide. The home improvement retailer on Wednesday (July 19) announced it was expanding that offering via a partnership with last-mile transportation company OneRail, letting customers get products...


July 19, 2023
Where Will Parents Spend This Back-to-School? Amazon, Walmart Push Frugality 

Anticipated back-to-school (BTS) shopping expenses are expected to reach $41.5 billion, exceeding the previous record of $37.1 billion set in 2021 and the $36.9 billion in 2022.  To secure its...


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.