May 09, 2024
AI Startup Anthropic Says Partnerships Give It Greater Independence
Artificial intelligence (AI) startup Anthropic has defended its decisions to partner with Amazon and Google, saying that collaborating with two companies gives it greater independence than it would have if it teamed up with...
May 09, 2024
Amazon Says New Fulfillment Fees Reflect Underlying Costs
Amazon said Thursday (May 9) that the updated fees for merchants using its fulfillment, storage and shipping services reflect underlying costs and are “significantly less” than those announced by other major fulfillment...
May 09, 2024
Sam’s Club Scans the Future With AI-Powered Checkout Technology
In the battle for the future of shopping, Sam’s Club is betting on artificial intelligence. Since January, the Walmart-owned retailer has rolled out AI-powered checkout technology at over 120 stores. Using a combination of AI, computer...
May 09, 2024
Amazon to Launch Dedicated Online Store in Ireland in 2025
Amazon will launch a dedicated online store in Ireland in 2025. The new Amazon.ie will offer more products from Irish businesses; low, local prices; and no additional customs charges, the company said in a Wednesday (May 8)...
May 09, 2024
Allbirds: Consumers Will Pay Full Price for ‘Fresh’ Enough Products
Economic challenges have consumers pulling back on full-priced purchases, but Allbirds maintains that, if products are novel and relevant enough, shoppers will spring for non-discounted goods. On a call with...
May 09, 2024
Manhattan District Attorney Announces Organized Retail Theft-Related Indictments
The Manhattan District Attorney’s Office indicted a business and two individuals as part of an effort to fight organized retail theft. District Attorney Alvin Bragg announced the indictment of Bibi Rehana Khan, 54, Aaron...
May 09, 2024
Amazon Small Business Initiative Heads Into 25th Year and Takes...
In November 2000 the Nasdaq was at the 6,000 mark, just starting to shed the internet companies that had been overvalued and would eventually lead to the bursting of the...
May 09, 2024
Mapping Antitrust onto Digital Ecosystems
The assessment of “ecosystem power” has come to occupy centerstage in antitrust cases involving large digital firms, as regulators are finding traditional market-by-market analysis increasingly inadequate to capture how competition...
May 08, 2024
New AI Agents May Soon Blur the Line Between Humans...
As artificial intelligence (AI) technology progresses, a new generation of AI agents is emerging, potentially impacting how businesses interact with customers. These digital assistants, designed to exhibit human-like autonomy and...
