While Wall Street didn’t like what it saw or heard from Amazon’s Q2 earnings, from a consumer spending standpoint there was a lot to like. For now. Across all operating segments the retail, cloud, AI and multimedia company reported net sales climbing 10% year over...
Amazon says it has seen a sharp rise in the speed of its Prime deliveries this year. The eCommerce giant announced Tuesday (July 30) that it made more than 5 billion same-day or next-day deliveries so far this year, up more than 30% year over year and a...
Amazon reportedly plans to launch a paid tier of Alexa as soon as this month. The paid tier will offer a version of the voice assistant that has been dubbed “Remarkable Alexa,” is built on a new tech stack and offers greater capabilities, The Wall...
With the CrowdStrike outage having come just one day after the close of Amazon’s blockbuster Prime Day event, the eCommerce giant could see the outage impact deliveries at a critical time on the company’s calendar. In the wake of the outage, eCommerce retailers have themselves...
American shoppers reportedly spent $14.2 billion during Amazon’s Prime Day event, setting a record for the number of items purchased. That’s an 11% increase over last year for the 48-hour eCommerce sale, Bloomberg reported Thursday (July 18), citing data from Adobe, which found consumers taking...
The first hours of Amazon’s Prime Day reportedly saw sales outpacing those of last year’s event. During the first seven hours of the event on Tuesday (July 16), sales were up almost 12%, Bloomberg reported Tuesday, citing data from Momentum Commerce, which manages Amazon sales...
A 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 high-level executives from the artificial intelligence (AI) firm Adept, Reuters reported Tuesday (July 16),...
Amazon turned 30 on July 5th and did something that nearly 70% of all women also say they do on their birthday: They bought themselves a present. On July 4th, the day before their three-decade birthday milestone, it was announced that Amazon would take a...
Amazon Web Services (AWS) has unveiled a generative artificial intelligence (AI)-powered service that helps users create applications using natural language. With the new AWS App Studio, users can describe an application they want, the things they want it to do, and the data sources they want to...
