Amazon is partnering with Bank of America Merrill Lynch to expand its lending program for small businesses. CNBC reported that the partnership – revealed by sources who did not want to be named – will allow the eCommerce giant to reduce its risk and provide...
Amazon is reportedly working on its own artificial intelligence (AI)-enabled chip to interface with Alexa, its voice-activated digital assistant, according to a Monday (Feb. 12) report by technology news source Engadget. The chip would work on all Alexa-powered devices, including the company’s Echo line of...
Amazon is reducing its headcount at its corporate office in Seattle, with the eCommerce giant reportedly laying off several hundred employees in what is seen as a rare move by the company. According to news from The Seattle Times, in addition to the several hundred being...
As Amazon gears up to compete with rivals in Brazil, the eCommerce retailer is reportedly seeking to lease a 50,000-square-meter warehouse near São Paulo. The potential investment indicates that Amazon may soon distribute electronics and other goods sold on its Brazilian website, Reuters reported. Currently,...
In Amazon’s Echo Look’s first partnership with a publication, Condé Nast’s Vogue and GQ magazines have teamed up with Amazon to provide fashion recommendations in the device’s companion app. The feature will launch on Feb. 19, TechCrunch reported. As the Echo Look doesn’t have a...
Prime members within range of a Whole Foods have a new grocery option coming to their lives soon: Amazon has announced that it will begin delivering Whole Food groceries via its Prime Now service in select U.S. cities. Amazon also noted that the program will...
JPMorgan’s Chief Executive had to hit the phones to ease investment banking clients’ worries over the bank’s recent healthcare partnership with Amazon and Berkshire Hathaway. Last week, the companies announced they are teaming up to create an independent healthcare company in an effort to fix...
Though this earnings run has so far been marked by many firms incurring the wrath of Wall Street — even in the face of putting impressive numbers on the board — Amazon didn’t face that same fate for the last quarter of 2017. “Our 2017 projections for Alexa were very...
There’s one word that Alexa just doesn’t want to hear from its developers: Google. According to TechCrunch, Jo Jaquinta, an Amazon developer, discovered this after submitting a voice app to Amazon and accidentally forgot to take out some wording that was used in the Google...
