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Amazon (NASDAQ: AMZN)
Amazon.com, Inc., doing business as Amazon, is a multinational technology company focusing in e-commerce, cloud computing, and artificial intelligence in Seattle, Washington.
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Report: Amazon/Adept Deal Subject of FTC Inquiry
July 16, 2024A U.S. regulator reportedly wants more information on Amazon’s deal with AI startup Adept. The Federal Trade Commission (FTC) has asked Amazon for details about the arrangement to hire researchers and ...Read morePaycheck-to-Paycheck Vacationers Seize on Travel Discounts
July 15, 2024As budget-strapped consumers look for ways to afford travel this summer, many are seeking discounts for everything from airfare to attractions. Paycheck-to-paycheck consumers want to get out of dodge. PYMNTS Intelligence’s ...Read moreCE 100 Index Gains 1.3% as Big Banks Post Earnings
July 15, 2024Earnings season is in full swing, as big banks – specifically, JPMorgan and Citigroup – helped sway the fortunes of the CE 100 Index. The Index was up 1.3% for the ...Read moreThey Said That: Notable Quotables From the Week of July 8, 2024
July 12, 2024PYMNTS reporters, analysts and writers do dozens of interviews every week to bring you the editorial package that is PYMNTS and PYMNTS Intelligence. While they all inform our coverage, some ...Read moreRufus, Amazon’s AI Shopping Companion, Rolls Out Nationwide
July 12, 2024Amazon’s generative artificial intelligence-powered conversational shopping assistant, Rufus, is now available to all U.S. customers in the Amazon Shopping app. Introduced in February, Rufus answers questions on various shopping needs and ...Read moreWalmart Taps Automation in Bid to Broaden Grocery Lead Over Amazon
July 12, 2024As Walmart looks to hold its own against Amazon’s growing lead in retail, the company is leaning into its food and beverage stronghold, leveraging automation to scale its omnichannel grocery ...Read moreAmazon’s Wondery Adds ‘Armchair Expert’ Podcast in $80 Million Deal
July 11, 2024Amazon entered into an $80 million deal that will bring comedian Dax Shepard’s podcast “Armchair Expert” to the Wondery platform. Wondery will exclusively distribute and sell ads for the podcast, co-produce ...Read moreAWS and Workday Team on Enterprise AI Applications
July 11, 2024Amazon Web Services (AWS) launched a generative artificial intelligence-focused partnership with enterprise software company Workday. “This expanded partnership combines the power of Workday AI and AWS to deliver AI features to ...Read moreInflation Cools Overall, but Food Is More Expensive
July 11, 2024The Consumer Price Index released Thursday (July 11) showed that, at least overall, the pace of inflation cooled in June. But the category-by-category data from the Bureau of Labor Statistics indicated ...Read moreSpecialty Retailers Step up Tech Stacks to Compete With Amazon
July 11, 2024As specialty retailers look for ways to hold their own against Amazon’s growing lead, many are rethinking their tech efforts to be more competitive. Take, for instance, Guitar Center, which announced ...Read more
Amazon Pharmacy Expands Same-Day Delivery to New York, Los Angeles
March 26, 2024Amazon Pharmacy expanded its same-day delivery of prescription medication to New York City and the greater Los Angeles area. These cities join five others in which this service is already available: Austin, ...Read moreAmazon Opens Grocery Delivery Program to Non-Prime Customers
November 9, 2023Amazon is expanding its grocery delivery/pickup program to include shoppers who aren’t Prime subscribers. The retail giant is making grocery delivery and free pickup available to all customers in any U.S. ...Read moreAmazon Pays Customers For Pickup to Cut Delivery Costs
May 9, 2023Amazon is offering customers a deal to lower delivery costs: Pick up your items, get $10. As Reuters reported Monday (May 8), the eCommerce giant has recently begun emailing Prime subscribers ...Read moreAmazon Raises Threshold for Free Grocery Delivery to Cover Costs
January 27, 2023Amazon is raising the amount Prime members must spend to get free grocery delivery. Effective Feb. 28, members must order $150 for free delivery from Amazon Fresh. For smaller orders, there will ...Read moreAmazon Offers Same-Day Delivery From Local Retailers
August 1, 2022Amazon has given Prime members in 10 United States metro areas the ability to shop at local retail stores using the company’s app and website and have their purchases delivered ...Read moreAmazon Tests Same-Day Mall Deliveries
May 20, 2022Amazon.com Inc. delivery drivers are fetching packages from mall stores and dropping the goods off at consumers’ homes under a plan the company is testing, Bloomberg reported Friday (May 20). The ...Read moreWhole Foods Orders Drop After New Delivery Fee, Report Says
December 26, 2021Whole Foods customers have voted against the company’s new $9.95 delivery fee, a report says. The company, owned by Amazon, used to offer free delivery to Amazon Prime customers. But recently ...Read moreAmazon to Take Top Package Delivery Spot From Rivals FedEx, USPS, UPS
November 29, 2021Move over UPS, FedEx and USPS. By early next year, Amazon will be the largest delivery service in the U.S., according to Amazon CEO of worldwide consumer service Dave Clark ...Read moreAmazon Now Offers Free One-Day Brazil Delivery
August 4, 2021Amazon has rolled out free one-day delivery to Brazilian Prime members in 50 cities across the Latin America hotspot. With the offering, Amazon stays in the lead in its battle for ...Read moreAmazon Supplies Logistics To Rivals
August 3, 2021Amazon is rolling out the welcome mat to its competitors, hoping to become every company’s one-stop fulfilment center regardless of origin or destination, Financial Times reported on Tuesday (Aug. 3). The ...Read more
Amazon Reportedly Developing In-House Answer to ChatGPT
June 25, 2024Amazon is reportedly developing its own artificial intelligence (AI) chatbot to compete with OpenAI’s ChatGPT. The project is code-named “Metis,” Business Insider reported Monday (June 24), noting that the name seems inspired ...Read moreAmazon Beta Launches Generative AI Shopping Assistant Rufus
February 1, 2024Amazon has beta launched a new generative artificial intelligence (AI)-powered shopping assistant. Dubbed “Rufus,” the assistant is now available to a small subset of customers using the Amazon mobile app and will ...Read moreAmazon Unveils Alexa Features to Help Seniors, Caregivers
May 11, 2022Amazon has unveiled two features for the Alexa Together function on its Alexa devices designed to help older people and their caregivers. In an announcement posted on its website Wednesday (May ...Read moreCashierless Tech, Starbucks Deal Put Amazon in QSR Business
November 18, 2021The rumors are true: Amazon is making moves into the quick-service restaurant (QSR) space, partnering with Starbucks to bring its “Just Walk Out” frictionless checkout technology into the latter’s stores. ...Read moreLondon Opens First Market Outside of US To Use Amazon’s Cashierless Tech
November 16, 2021London is opening the first market outside of the U.S. to use Amazon’s white-labeled Just Walk Out technology, Bloomberg reported Monday (Nov. 15), citing sources who said that Amazon Sainsbury’s ...Read moreAmazon One Palm Scanning Tech Moves Into Entertainment With AXS Collab
September 14, 2021Amazon is taking its palm scanning technology, Amazon One, out of the retail aisles and into entertainment venues through a partnership with ticketing solutions firm AXS. The collaboration brings the “first-ever ...Read moreAmazon to Pilot ‘Just Walk Out’ Tech at Whole Foods Locations
September 8, 2021Amazon’s Just Walk Out technology will be trialed at Whole Foods locations in Washington, D.C.’s Glover Park neighborhood and Sherman Oaks, California, giving shoppers the option of skipping the checkout ...Read moreAmazon Mulls Alexa Wearables For Children
July 14, 2021Amazon is looking into developing Alexa-powered wearable GPS-equipped devices for children aged 4-12, Bloomberg reported on Wednesday (July 14). The new wearable, which is code-named Seeker, could be a wristband, keychain or ...Read moreVodafone, Amazon To Bring Speedy 5G ‘Edge Computing’ Services To UK Businesses
June 16, 2021Vodafone and Amazon Web Services are partnering to bring so-called “edge computing” to business customers in the U.K. Edge computing quickly analyzes bulk data — collected from, say, the factory ...Read moreAmazon, Tile Team Up To Compete With Apple AirTags
May 7, 2021Amazon has announced new partnerships in hopes of enhancing its connected devices to compete with products such as Apple AirTags. The company said Friday it had formed partnerships with Tile, which ...Read more
AI Explained: Is Anthropomorphism Making AI Too Human?
July 8, 2024As eCommerce giants and tech startups strive to make online interactions more engaging, they’re turning to anthropomorphism — attributing human characteristics to nonhuman entities. It isn’t a new concept. For decades, ...Read moreApple to Jumpstart Siri With Advanced AI, Enabling Voice Control of Apps
May 31, 2024Apple is gearing up to give its digital assistant, Siri, an artificial intelligence-powered upgrade, potentially posing a challenge to Amazon’s dominant Alexa. The Cupertino-based tech giant is working on a new ...Read moreThis Week in AI: News Corp Partners With OpenAI, Nvidia Earnings Soar
May 24, 2024This week in artificial intelligence (AI) news, OpenAI struck a news-sharing deal with News Corp and faced accusations from actress Scarlett Johansson over an allegedly replicated voice. Nvidia reported a ...Read moreWaiting for Alexa: When Will Amazon Strike Up the AI Conversation?
May 22, 2024Someday — and it may be soon — conversations with Amazon’s automated voice assistant Alexa may cost money. Amazon has been clear about its intentions to charge a subscription for a tiered Alexa service ...Read moreAmazon to Change How Alexa Developers Are Paid
April 10, 2024Amazon 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 ...Read moreAmazon Employees Debate Idea of Charging for Alexa
January 22, 2024Would you pay a subscription to use Amazon’s voice assistant Alexa? Inside the company, that’s apparently the subject of some debate. A recent Business Insider report — citing internal documents and ...Read moreAmazon Devices Leader Dave Limp Named CEO of Bezos’ Blue Origin
December 21, 2023Amazon veteran Dave Limp is going from Alexa to outer space. Limp, who led the company’s devices unit, was chosen by Amazon founder Jeff Bezos to be CEO of his aerospace ...Read moreAmazon Adds Favorites and Shortcuts to Alexa App
December 1, 2023Amazon has unveiled a redesigned Alexa app, offering users an enhanced experience in managing their smart home devices. The updated app has new customization options and prioritizes frequently used smart home ...Read moreAmazon Puts Alexa in the Driver’s Seat, Walmart Revs Up Package Delivery
November 24, 2023Amazon and Walmart are revving up their engines with initiatives set to hit consumers by the year’s end or the start of 2024. The projects go full throttle on transportation ...Read moreWith Hyundai Deal, Alexa Helps Amazon Link Commerce to Connected Cars
November 22, 2023With the recent news that Amazon is partnering with Hyundai, the conventional wisdom might be to say: Amazon sells pretty much everything else across its platform, and as part of its ...Read more