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Category: Amazon

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Amazon tests sending customers directly to brands’ websites when it doesn’t stock their products

Remember that Christmas movie “Miracle on 34th Street,” where Macy’s in-store Santa, Kris Kringle, sends a frazzled shopper to a competitor’s store to find the Christmas present her son wanted because Macy’s was out of stock? Now, Amazon is doing the same thing online. The retailer announced on Tuesday the test of a new Amazon…

Coalition ‘concerned’ over UK appointing ex-Amazon exec as antitrust regulator chair

A coalition of organizations and individuals have signed an open letter expressing concern at the U.K. government’s decision to appoint a former Amazon executive as chair of the Competition and Markets Authority (CMA). The group, which includes U.S. tech outfits such as Yelp, DuckDuckGo, and Mozilla, say that the CMA must be “free from political…

Amazon deletes ‘inclusion and diversity’ language in latest filing

Amazon is the latest tech company to remove references to “inclusion and diversity” from its 10-K report. The filing has removed reference to diversity and inclusion as it pertains to the workplace. In its 2023 10-K form, the company had a sentence that read “As we strive to be Earth’s best employer, we focus on investment and…

Amazon reportedly gears up to release next-gen Alexa

Amazon may be gearing up to release a next-gen, AI-powered Alexa experience, according to Reuters. Per the outlet’s report, Amazon plans to preview an upgraded version of Alexa, the company’s smart home assistant that runs on a number of first- and third-party devices, at an event on February 26. The revamped Alexa is said to…

Amazon hikes prices for its Music Unlimited subscriptions

Amazon is the latest company to announce a price hike for its music streaming subscriptions. The company revealed this week that the price of an Amazon Music Unlimited Individual plan for Prime members is going from $9.99 per month to $10.99. As for subscribers without a Prime membership, the price of their subscription is going…

Bookshop.org challenges Amazon with new e-book platform

Indie bookstore backer Bookshop.org launched an e-book platform on Tuesday, making it easier for readers to buy e-books without padding Jeff Bezos’s pockets. For years, Amazon’s chokehold and sway in the publishing industry have been so strong that authors and booksellers have accused the company of operating a monopoly. Amazon is dominant in the sale…

Amazon’s Prime Air drone service is headed to this UK town

Amazon announced Monday it has picked the north England town of Darlington as the first site for its planned U.K. drone delivery expansion. Amazon was expected to expand Prime Air to the U.K. and Italy in 2024. After missing that initial target, the company opted to not share a timeline for this latest launch. Instead,…

Google commits to combatting fake reviews in the UK after 5-year probe

The U.K.’s antitrust regulator has reached an agreement with Google to counter the scourge of fake online reviews. The internet giant has committed to several remedies. Bogus endorsements have blighted the web since the creation of user reviews, which is why regulators around the world have been upping the ante on tech companies to put…

Madrona just announced its biggest fund ever, closing on $770M as other venture funds grow smaller

Seattle-based Madrona Capital is celebrating its 30 years in business by raising $770 million in fresh capital. This is the firm’s largest fundraise to date, exceeding $690 million across two funds Madrona closed in 2022.  While an 11% capital pool upsize may not seem significant, any increase at a time when many venture outfits are…

UK appoints ex-Amazon executive Doug Gurr as interim chair of antitrust body

The U.K.’s Competition and Markets Authority (CMA) has a new interim chairman: former Amazon executive Doug Gurr (pictured above). The announcement comes as the U.K. seeks to position itself as a pro-growth, pro-tech nation by cutting red-tape and bureaucracy, with artificial intelligence (AI) taking center stage. The country is also nearing the end of a…

IMDb founder steps down as CEO after 35 years

IMDb, the Amazon-owned online database that provides information on movies, TV shows, and celebrities, announced on Tuesday that its founder, Col Needham, is stepping down as CEO. Nikki Santoro, who has served as the Chief Operating Officer since 2021, has been appointed as his successor. Santoro’s appointment is significant, as she is the first woman…

FTC says partnerships like Microsoft-OpenAI raise antitrust concerns

The Federal Trade Commission said in a staff report issued Friday that there are potential competitive issues in partnerships between big tech companies and generative AI developers — specifically, Microsoft’s backing of OpenAI and Amazon and Alphabet/Google’s partnerships with Anthropic. “The FTC’s report sheds light on how partnerships by big tech firms can create lock-in,…

Amazon suspends US drone deliveries following crash at testing facility

Amazon has paused testing of its delivery drones following a crash involving two of its models, according to Bloomberg. It’s the latest setback for Amazon’s beleaguered Prime Air program, which aims to deliver around 500 million packages a year to customers by the end of the decade. Bloomberg reports two Amazon drones crashed in rainy…

Amazon to acquire Indian fintech Axio in credit push

Amazon has agreed to acquire Indian buy now pay later startup Axio, deepening its push into financial services in one of its fastest-growing markets as it seeks to expand credit access to millions of underserved customers. The US technology group, which has held an equity stake in Axio for six years, signed the acquisition agreement…

These tech companies are donating to LA wildfire relief efforts

Numerous tech companies have pledged millions in donations to help LA recover from wildfires that caused widespread devastation and forced thousands to evacuate the region. Those offering aid include YouTube/Google, Meta, Snap, Amazon, Netflix, and Sony.  Here’s an overview of what each company is doing to aid relief efforts in the region: YouTube and Google:…

Riding in a Zoox robotaxi at CES 2025: Everything that went right and wrong

A construction zone. A car crash. A double parked truck. A motorcycle cop with its red-white-and blues deployed.  My one-hour trip along the Las Vegas Strip in a custom-built Zoox robotaxi during CES 2025 wasn’t a dull one. A second, shorter ride the following evening, proved less eventful. And in both rides, the Zoox robotaxi…

Kidde’s new smoke detectors have Ring technology built in

Amazon announced a partnership with Kidde at CES 2025 on Monday that brings its Ring technology to the home safety stalwart’s smoke alarms. There will be multiple versions of the hybrid smoke and CO2 detectors, ranging in price from $55 to $75. As a longtime owner of a Nest Protect, I can confidently say that…

Avataar releases new tool to create AI-generated videos for products

Generative AI models have reached a baseline capability of producing at least a passable video from a single image or short sentence. Companies building products around these models are claiming that anyone can make a snazzy promo video if they have some images or recordings — and videos usually perform better than static images or…

CES 2025: What to expect from the year’s first and biggest tech show

CES 2025 officially kicks off in Las Vegas on Tuesday morning, running through the end of the day on January 10. The “official” dates are specific to when the floor of the Las Vegas Convention Center is open to attendees, and ultimately belie the show’s true duration. A pair of press days kick off Sunday…

Sam Altman and Jeff Bezos are the latest billionaires to donate $1M to Trump fund

OpenAI CEO Sam Altman and Jeff Bezos’ Amazon plan to donate $1 million each to President-elect Donald Trump’s inaugural fund, according to reports from Fox and the Wall Street Journal.  TechCrunch has confirmed Altman’s plans to personally commit the money, which is not coming directly from OpenAI.    The donations from the billionaires follow plans by…

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