Amazon is a U.S. multinational conglomerate technology company based in Seattle with 840,000 employees. It focuses on eCommerce, cloud computing, digital streaming and artificial intelligence.
January 15, 2021In this week’s news, we saw Roblox’s plans to go public through a direct listing, consumers’ preferences for a digital-first shopping experience and the rising popularity of quick-response (QR) codes. ...
January 15, 2021Amazon unveiled Alexa Custom Assistant on Friday (Jan. 15), a product that allows companies to create customized artificial intelligence (AI) assistants to match their “brand personality” and meet their clients’ ...
January 15, 2021PYMNTS’ latest Walmart vs. Amazon Whole Paycheck Tracker found that the two retail giants did something unusual during the third quarter: They either remained flat or lost ground in the ...
January 15, 2021The Hudson Group plans to add Amazon’s Just Walk Out technology to some of the popular convenience stores the chain operates at more than 1,000 North American airports, train stations ...
January 14, 2021Amazon has hit back against social media site Parler in its lawsuit over the site’s removal from the cloud of Amazon Web Services (AWS), court documents say.
The core of the ...
January 14, 2021In today’s top news, Connecticut’s Attorney General has opened an antitrust probe into Amazon’s eBook business, and Petco beat expectations in its IPO. Plus, Grab Financial raised $300 million.
Connecticut AG ...
January 14, 2021Connecticut Attorney General William Tong is launching an antitrust probe into how Amazon runs its eBook business, the Wall Street Journal (WSJ) reported on Thursday (Jan. 14).
Connecticut’s inquiry is just ...
January 13, 2021In today’s top payments news around the world, Globe Fintech Innovations has landed $175 million in additional venture funding, while Airtel has teamed with Amazon to launch a mobile-only video ...
January 13, 2021Airtel, India’s largest telecom service provider, has teamed up with Amazon to launch a mobile-only video entertainment platform.
Prime Video Mobile Edition is a single-user subscription service. India is the first ...
January 11, 2021Here’s the latest news from the technology industry, which is coming under increasing global scrutiny from governments around the world.
US Trade Representative: India, Italy, Turkey Digital Taxes Discriminates Against US ...
January 11, 2021Conservative social network Parler is suing Amazon after the eCommerce giant’s web services division abruptly pulled the plug on cloud hosting for the startup, The Wall Street Journal reported on ...
January 11, 2021While early to mid-January is always the return season, this year has long been forecast to be a spot more active than its predecessors given the volume of gifts bought online during ...
January 11, 2021Amazon Prime and the recently launched Walmart+ both saw drop-offs in U.S. paid subscribers in late December, but Walmart+ fell further — showing the newcomer has a fight on its ...
January 10, 2021Amazon and Walmart are among the big retailers trying out a new way of handling refunds, according to a report from The Wall Street Journal (WSJ). Customers can ask for ...
January 8, 2021It looks like another bit of consolidation in the wild world of grocery retail as Amazon has officially shut down its Prime Pantry services — rolling the shelf stable goods ...
January 8, 2021In today’s top retail news, CarLotz, Inc. says it has received the necessary approval from its investors to complete a potential merger with a blank-check company, while PriceSmart, Inc. reported a ...
January 8, 2021Amazon has ended one of its first efforts to sell food online, with the eCommerce retailer closing its Prime Pantry service. Many items available under the Prime Pantry name in ...
January 8, 2021Winning the battle for the consumer’s whole paycheck requires winning the battle for delivery, and Amazon and Walmart are throwing everything from driverless trucks to drones to a new Amazon ...
January 6, 2021Amazon has launched a new Housing Equity Fund, bankrolled by more than $2 billion, “to preserve and create 20,000 affordable housing units” in areas the retailer expects to have more ...
January 6, 2021Electric truck startup Rivian Automotive, which is backed by Amazon, is near to a new funding round which would value it at $25 billion, Bloomberg reports.
That funding isn’t final, though, ...
January 5, 2021In a first, Amazon has purchased Boeing 767-300 wide-body airliners, in this case from Delta Air Lines and WestJet Airlines. The 11 aircraft will join Amazon Air’s fleet this year ...
January 4, 2021Here’s the latest news from the technology industry, which is coming under increasing global interest from governments.
Malaysia Receives Approximately $107 Million In Digital Service Taxes Last Year
Deputy Finance Minister Datuk ...
January 4, 2021In the end, there was no haven for Haven. As reported on Monday (Jan. 4), the healthcare startup – created in 2018 through joint efforts between Amazon, J.P. Morgan Chase and ...
January 4, 2021Haven, the Silicon Valley healthcare disruption startup launched in 2018 by Amazon, Berkshire Hathaway and JPMorgan Chase, is being dissolved.
Sources told CNBC on Monday (Jan. 4) that Boston-based Haven advised employees ...
December 30, 2020Following reports that Amazon was looking to acquire podcast creator Wondery, it has now done so, according to a release from the eCommerce giant on Wednesday (Dec. 30).
Wondery’s work will ...
December 30, 2020There’s no arguing the fact that Amazon has been a lifeline for small businesses this year. During the extended holiday season, the eCommerce giant says its independent sellers saw their ...
December 30, 2020The Walmart Media Group is looking to take on Amazon’s advertising division by touting what the retail giant can do for online sellers.
Walmart Media Group said it has increased “net new advertisers ...
December 29, 2020In today’s top news, Coinbase has suspended XRP trading in the wake of the SEC’s lawsuit against Ripple, and Amazon delivered over 1.5 billion packages this holiday season. Plus, J.P. ...
December 29, 2020In today’s top retail news, VF Corporation has closed on its acquisition of international streetwear brand Supreme, while Returnly reported a dramatic rise in returns on Dec. 26 compared to ...
December 29, 2020Amazon’s advertising division is pulling in big bucks as its marketplace merchants jockey for position amid the pandemic-fueled eCommerce boom.
The tech behemoth is tracking to post its first $100 billion ...
December 29, 2020Amazon is reporting a record-breaking holiday shopping season that saw more than 1.5 billion toys, electronics and household goods delivered amid the global COVID-19 pandemic.
“Amazonians around the world have truly ...
December 28, 2020Here’s the latest news from companies in the technology industry, which are coming under increasing scrutiny from officials and criticism from competitors.
Facebook Turns Off Instagram, Messenger Features For Users In ...
December 24, 2020When it’s said and done there was only one story that mattered in the retail universe this year and it was the rise of the digital-first economy. The numbers speak ...
December 23, 2020In today’s top retail news, Amazon is delaying its logistics charge increases, while consumers in Italy are embracing a new cash-back effort for card payments. Plus, Peloton has moved to ...
December 22, 2020Amazon is postponing its logistics fee increase to help accommodate businesses affected by the pandemic, a company letter from Amazon Worldwide Consumer CEO Jeff Wilke stated.
Wilke wrote that the eCommerce ...
December 22, 2020Investors have spent over $1 billion this year on buying up successful small businesses to try and create new digital conglomerates, according to the Financial Times.
They have targeted businesses that ...
December 21, 2020Nordstrom is rolling out a same-day gift delivery service in New York City that will be available for orders placed by late afternoon. Meanwhile, Walmart and Amazon are jousting to the end in an effort to win ...
December 18, 2020Amazon Inc. made good on its previously announced plan to allow group audio- and video-conference calls on its Echo devices, The Verge reported.
The feature will work on Echo, Echo Dot ...
December 18, 2020As they finish up a year of massive disruption and exponential sales increases, Amazon and Walmart are taking their battle for the U.S. consumer’s whole paycheck into the last week ...
December 17, 2020 Subscription bundles are making a comeback, especially as consumers spend more time at home under lockdown measures as the number of COVID-19 cases continues to rise. This next generation of ...