July 27, 2023
Fiserv Lets Cardholders Shop With Rewards Points on Amazon
Payments FinTech Fiserv says it’s letting cardholders redeem points for Amazon purchases. The offering, announced Thursday (July 27), allows cardholders at financial institutions that are part of Fiserv’s uChoose rewards program and enrolled in the Amazon...
July 27, 2023
How Old Navy Is Trying to Capture Back-to-School Spend
Consumers’ spending behavior has slowed down, which is causing concern among retailers. Although they are still making purchases, the rate at which they are doing so falls short of what...
July 26, 2023
eBay Says Q2 Results Exceeded Expectations Amid ‘Tech-Led Reimagination’
eBay said its second quarter results exceeded expectations on key metrics as it continues its “tech-led reimagination.” The marketplace’s gross merchandise value (GMV), revenue and earnings per share (EPS) came in...
July 26, 2023
AWS Debuts HealthScribe as Health Providers Explore AI
Amazon Web Services (AWS) said it wants to help clinicians save time summarizing patient visits. The company has debuted AWS HealthScribe, which uses speech recognition and generative artificial intelligence (AI) to generate...
July 26, 2023
Report: Thousands of Users Have Tried Amazon AI Service
An Amazon artificial intelligence (AI) service that was announced in April is reportedly being tried by thousands of users. The service, which is called Amazon Bedrock and is offered by the cloud division Amazon Web...
July 26, 2023
FTC Prepares to Challenge Amazon’s Business Practices: Politico
The U.S. Federal Trade Commission (FTC) has been readying an antitrust lawsuit against e-commerce giant Amazon for months, and now it appears the wait is finally over. The FTC is...
July 26, 2023
Microsoft vs. Google and the Battle for AI Cloud Infrastructure
The generative artificial intelligence (AI) arms race leaderboard is neck and neck. It hasn’t even been a full calendar year since the technology was first commercialized at scale by Microsoft...
July 26, 2023
CMA: Amazon Commits to Fair Competition in UK Marketplace
The United Kingdom’s Competition and Markets Authority (CMA) said Amazon has committed to ensure fair competition in its marketplace. To level the playing field, the online retail giant has agreed to refrain from using seller...
July 26, 2023
Amazon Offers Changes to Address Competition Concerns in UK
The UK’s competition regulator said Wednesday that Amazon.com has offered to change the way it treats third-party sellers on its Marketplace platform following an antitrust probe. Amazon’s proposed commitments address...
