Amazon CEO Andy Jassy published his 2023 Letter to Shareholders Thursday (April 11), outlining how the company is changing and its goals for the future. It’s a 28-minute read by Amazon’s own count. If you don’t have the half hour to spare, here are some key highlights (a three- to...
Amazon will stop paying developers to create applications — called Skills — for its voice assistant Alexa. This will end an offering that has been available to developers since 2017 and aimed to build an app store for Alexa, Bloomberg reported Wednesday (April 10). Amazon...
Amazon is scaling back its artificial intelligence (AI) system that lets customers leave stores without having to provide payment, and experts say there are lessons to be drawn from this decision. The retail giant’s recent move to install Dash Carts in place of its Just Walk...
The battle against the $101 billion returns fraud problem has reportedly taken a new turn. It involves sellers on Amazon sending off their wares, only to get “returns” that are in some cases literally junk, The Wall Street Journal (WSJ) reported Thursday (April 4). For example, there’s Barbara Boschen,...
Amazon Web Services (AWS) is eliminating hundreds of roles in two of its organizations as it focuses on other areas. The job cuts will impact several hundred roles in the company’s Sales, Marketing and Global Services (SMGS) organization and a few hundred in its Physical...
As it redesigns its Amazon Fresh stores, Amazon is removing its Just Walk Out technology. That technology will be replaced by the company’s smart shopping cart, the Amazon Dash Cart, Jessica Martin, Amazon spokesperson, said in a statement emailed to PYMNTS Tuesday (April 2). The...
Amazon Web Services (AWS) has reportedly extended its free credits program to cover artificial intelligence (AI) models from other companies. The program now offers startups credits to cover the cost of using models from Anthropic, Meta, Mistral AI and Cohere, Howard Wright, vice president and global head of startups at AWS, told...
Amazon is preparing to launch its first-ever “Big Spring Sale.” Scheduled for Wednesday through Monday (March 20-25), this event will offer customers in the United States deals on seasonal items like spring fashion, outdoor furniture, lawn and garden products, and cleaning and organizing items, the company...
Amazon Business says it is bringing its procurement services to Mexico. The launch, announced Wednesday (March 13), makes Mexico the 10th country where Amazon Business is available, joining the U.S., Canada, the U.K., Japan, Germany, France, Italy, India, and Spain. “We are excited to enable...
