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Amazon starts selling smart grocery carts to other retailers
The company has expanded Dash Carts in Fresh stores and Whole Foods locations as it has recently pulled back on its cashier-less checkout technology.CNBC - Business - Amazon -
Amazon and Tesla are ‘conviction’ picks at Wells Fargo — but only one’s bullish
Shares of Amazon and Tesla are among Wells Fargo’s “high-conviction” picks for the second quarter, but the analysts there see those stocks heading in different directions.MarketWatch - Business - Amazon -
Amazon scores record valuation for the first time since 2021
While Amazon’s valuation is on pace to notch a new record, the shares themselves aren’t yet on track to notch a new high.MarketWatch - Business - Amazon -
Amazon to slash hundreds of jobs in its AWS cloud-computing business
Amazon.com Inc. is trimming hundreds of jobs from its AWS cloud-computing business in its latest round of layoffs aimed at slashing costs.MarketWatch - Business - Amazon -
Amazon sellers see increase in scam returns, Wall Street Journal reports
Returning Amazon packages may be an easy process for customers, but sellers are reporting growing problems. The Wall Street Journal reported that vendors are "plagued by a surge in scam returns," where instead of receiving what the customers ...CBS News - Top stories - Amazon -
Amazon Prime Members Can Grab 12 Free Games In April
Amazon Prime members can grab 12 games throughout April, starting today. Available through the Prime Gaming hub, this month's selection includes irradiated wastelands to explore, fantasy lands to dive into, and a few mysteries to solve. The main ...GameSpot - Tech - Amazon -
Amazon ditching 'Just Walk Out' technology at grocery stores
Amazon is getting rid of its “Just Walk Out” self-service technology at Amazon Fresh stores in the United States. The company told The Hill on Wednesday it is replacing the technology at stores that lets customers grab items and leave without ...The Hill - Politics - Amazon -
Amazon Sellers Plagued by Surge in Scam Returns
Merchants receive dirty clothes and used soap instead of returned purchases, a sore point as they say Amazon’s policies remain tilted toward customers.The Wall Street Journal - Business - Amazon -
Amazon CEO Touts AI Revolution While Committing to Cost Cuts
In his letter to shareholders, Andy Jassy says generative AI could usher in the largest tech transformation since the Internet.The Wall Street Journal - World - Amazon -
Amazon Sellers Plagued by Surge in Scam Returns
Merchants receive dirty clothes and used soap instead of returned purchases, a sore point as they say Amazon’s policies remain tilted toward customers.The Wall Street Journal - World - Amazon -
Amazon writes its largest venture cheque yet for AI start-up Anthropic
$2.75bn deal is the latest sign of Big Tech’s race to capitalise on the booming sectorFinancial Times - Business - Amazon -
Amazon's New Focus: Fending Off Rivals Temu and Shein
The e-commerce companies with Chinese roots have, for now, replaced Walmart and Target as Amazon’s central competitive focus.The Wall Street Journal - Tech - Amazon -
Amazon Cuts Hundreds of Jobs in Cloud-Computing Business
Amazon Web Services said it planned to eliminate several hundred jobs in sales, marketing and global services, and would cut hundreds more from its physical stores technology team.The Wall Street Journal - Tech - Amazon -
Amazon Invests $2.75 Billion More in AI Startup Anthropic
The tech giant’s total stake has grown to $4 billion, its largest investment in another company.The Wall Street Journal - Tech - Amazon -
Amazon Adds $2.75 Billion to its Stake in Anthropic
The latest investment brings Amazon’s total stake in the San Francisco company to $4 billion.The New York Times - Tech - Amazon -
Amazon cannot decide what it wants to do with its shops
One can see where the ecommerce group’s priorities lie by looking at the space it usesFinancial Times - Business - Amazon -
Amazon cutting hundreds of jobs in its cloud computing unit AWS
Amazon said Wednesday it's cutting hundreds of jobs in its cloud computing unit AWS as part of a strategic shiftABC News - Tech - Amazon -
Amazon pours an additional $2.75 billion into AI startup Anthropic
Amazon says it is pouring an additional $2.75 billion into Anthropic, bringing its total investment in the artificial intelligence startup to $4 billionABC News - Tech - Amazon -
Amazon’s secret outlet has up to 50% off
Amazon's little-known outlet has deals on electronics, beauty products, vacuums and more. Shop our favorite heavily discounted finds of 2024.NBC News - Top stories - Amazon -
Amazon ditches cashierless checkout system at its grocery stores
The company said it won't include the system, called Just Walk Out, in existing Fresh stores or new locations, and will instead rely more heavily on Dash Carts.CNBC - Business - Amazon -
Amazon cuts hundreds of jobs in cloud computing unit
The cuts affect hundreds of staffers in AWS' store technology and sales and marketing units.CNBC - Business - Amazon -
Amazon gets boost from 72% pop in AI company Astera Labs' IPO
Amazon is poised to benefit from the Astera Labs IPO after signing agreements that allow it to buy about 2.3 million shares.CNBC - Business - Amazon -
Amazon will pay you $25 to buy Optimum Nutrition protein powder
Stock up on your favorite Optimum Nutrition protein powder now and Amazon will give you $25.CBS Sports - Sports - Amazon -
Amazon Names AI Maven Andrew Ng to Board
The tech giant's pivotwill draw on Ng's AI expertise at Baidu and Google as it tries to capitalize on its $4 billion investment in artificial intelligence developer Anthropic.Inc. - Business - Amazon -
Amazon Cuts Hundreds of Jobs in its AWS Cloud Computing Unit
Tech giant trims in-store technology, sales, and marketing jobs as it adjusts its strategy.Inc. - Business - Amazon -
Amazon Fresh Stores Shed Their Just Walk Out Technology
The chain's scanners and sensors weren't quite as advertised, and needed a huge remote workforce to monitor customers' selections before sending them receipts.Inc. - Business - Amazon -
Amazon Adds an Additional $2.75 Billion to Stake in AI Startup Anthropic
The online retail giant is betting on an upstart firm to help power its path to an AI future.Inc. - Business - Amazon -
Amazon Drivers Are Employees, Top Wisconsin Court Rules
Drivers in the Amazon Flex program are eligible for unemployment insurance, a verdict that will affect the gig economy.Inc. - Business - Amazon -
Amazon’s Secret to Unlocking Innovation
Inspire new ideas through the power of yes.Inc. - Business - Amazon -
Amazon Offers Free Credits for Startups to Use AI Models Including Anthropic
As it bids for market share in its expanding Bedrock AI business, Amazon will let its AWS customers use other models, strengthening its connection to Anthropic, where it holds a $4 billion stake.Inc. - Business - Amazon