Page 13 - Amazon

Amazon unveils new AI model for automating online shopping, web search

Positioned as a direct competitor to tools like OpenAI's Operator agent, Nova Act is capable of executing scheduled actions, processing complex instructions, and performing contextual tasks

Venice to host Jeff Bezos wedding, denies reports of major city disruptions

The city of Venice has confirmed it will host the wedding of multi-billionaire Jeff Bezos and fiance Lauren Sanchez, denying reports the famous Italian city would be invaded by hundreds of celebrities and possible disruptions for citizens and tourists. The city in a short statement didn't give a date for the wedding. Italian media have reported it will be between June 24-26, with a few days of celebrations. "The many speculations and fake news circulating about Jeff Bezos' wedding are completely unfounded," the statement said. Bezos is the owner of The Washington Post and founder and largest individual shareholder of Amazon. Among others, George and Amal Clooney celebrated their wedding in Venice in 2014. The city said only 200 guests would be invited, a number easily accommodated without any disruption to the city, its residents and visitors. It noted that it has broad experience handling international events "much larger than this". "Venice is used to being the stage for events

BIS intensifies crackdowns e-comm warehouses, seizes substandard products

Earlier this week, officials conducted a search and seizure operation at the warehouse of Amazon Sellers Pvt Ltd, located in the Mohan Cooperative Industrial Area in Delhi

Amazon Fresh ups presence in tier-II, -III mkts; expands to over 170 cities

To ensure freshness and quality, Amazon Fresh sellers source fruits and vegetables from over 11,000 farmers

Amazon seizes 15 mn counterfeits in 2024, uses AI to fight fake goods

Amazon identified, seized, and disposed of more than 15 million counterfeit products globally in 2024, preventing these knockoffs from harming customers or being peddled elsewhere, according to a latest report that underlined how the e-commerce giant is extensively using AI to crackdown on fake goods. Amazon said, last year, it invested over a billion dollars and employed thousands of people -- including machine learning scientists, software developers, and expert investigators -- who were dedicated to protecting customers, brands, selling partners, and store from counterfeit, fraud, and other forms of abuse. Investment in artificial intelligence has enabled the company to improve proactive controls, automating and scaling intellectual property protection and counterfeit detection systems, Amazon's 2024 Brand Protection Report said. The report said Amazon's proactive controls blocked more than 99 per cent of suspected infringing listings before a brand ever had to find and report ..

Amazon cuts referral fees on 12 mn products to boost seller growth in India

Move aimed to boost seller growth by offering a wider selection and more competitive offers; revised fees to come into effect from April 7

Amazon introduces non-refundable ₹49 processing fee: Know all about it

Amazon said the processing fee is intended to cover costs related to the 'aggregation, management, and processing' of bank discount offers on its platform

BIS raids Amazon, Flipkart warehouses; over 10,000 uncertified items seized

BIS raids Amazon and Flipkart warehouses at multiple locations, seizing substandard toys, blenders, bottles, electric water heaters, and speakers, violating the BIS Act 2016

Vodafone Idea explores partnership with Musk's Starlink after Airtel, Jio

Vodafone Idea plans to deploy 75,000 5G sites in 17 regions over three years, upgrading 10,000 towers with 900 MHz spectrum and has added 11,000 new towers in the past nine months

Razorpay targets 1.5 lakh exporters on Amazon's Global Selling Platform

Since December last year, Indian merchants part of Amazon's Global Selling programme have been able to collect their global payouts using the company's offering for international bank transfers

Amazon Alexa to process voice recordings on cloud: What it means for users

Starting March 28, Amazon Echo users will not have the option to store their voice recordings of conversations with Alexa locally. The company will process every request on cloud only

Google parent Alphabet in talks to buy cyber firm Wiz for $33 billion

The deal, which may be announced as soon as Tuesday, would be Alphabet's largest acquisition to date, and could help Alphabet's Google catch up with Microsoft Corp. and Amazon.com Inc

BIS cracks down on e-commerce giants over non-certified products

The Bureau of Indian Standards (BIS) has conducted raids on warehouses of major e-commerce platforms, including Amazon and Flipkart, seizing thousands of uncertified consumer products, the consumer affairs ministry said on Saturday. During a raid on March 7 at an Amazon warehouse in Lucknow, BIS officials seized 215 toys and 24 hand blenders that lacked the mandatory BIS certification, an official statement said. A similar operation at the e-commerce giant's Gurugram facility in February yielded 58 aluminium foils, 34 metallic water bottles, 25 toys, 20 hand blenders, 7 PVC cables, 2 food mixers and 1 speaker -- all without proper certification. At a Flipkart warehouse in Gurugram, operated by Instakart Services Pvt Ltd, authorities confiscated 534 stainless steel vacuum-insulated bottles, 134 toys and 41 speakers that failed to meet the required standards. BIS's investigations revealed that many of these non-certified products were linked to Techvision International Pvt ...

Amazon, Google back pledge to triple global nuclear energy by 2050

It has also become a compelling solution for power-guzzling data centers, with Big Tech firms already having signed multiple billion-dollar deals with utilities

US FTC dismisses Amazon trial delay, insists DOGE cuts won't derail case

FTC reverses claim of resource constraints, says Amazon trial will proceed as scheduled despite DOGE-driven budget cuts and staff reductions under the Trump administration

Amazon partners with Youth4Jobs to empower women sellers with disabilities

E-commerce major Amazon India has partnered with Youth4Jobs Foundation to support women sellers with disabilities by providing essential resources, tools, and training to succeed in the digital e-commerce ecosystem. Under the partnership, Amazon Saheli programme will conduct workshops and provide onboarding and account management support for these women sellers, according to a company statement. The alliance aims to bridge the gap between talented women with disabilities and wider market opportunities, and help them leverage the Amazon platform to grow their business online, it said. The women sellers will get hands-on training in digital marketing, performance marketing, product listing optimisation, and advertising solutions to help them establish a robust online business. They will also get access to data-driven insights and metrics to attain a greater understanding of customer behaviour, expectations, and key market trends. "Our collaboration with Youth4Jobs aims to support wo

Elon Musk loses $148 bn in net worth: Why are billionaires losing money?

In December 2024, Elon Musk's fortune peaked at $486 billion. However, he is one among the many billionaires who are witnessing financial setbacks

Amazon's cloud unit builds first quantum computing chip called 'Ocelot'

Amazon Web Services' new Ocelot chip, developed by a team working at the California Institute of Technology, comprises two tiny squares of silicon stacked on top of each other

Amazon unveils gen AI-powered 'Alexa+' with agentic abilities: What's new

Alexa+ will first launch in the United States in the coming weeks, with a gradual rollout to select Echo Show devices, including Echo Show 8, 10, 15, and 21

HC orders Amazon to pay Rs 340 cr to Lifestyle Equities over infringement

During the proceedings of the case, Cloudtail India agreed to accept an injunction decree and proposed a settlement which would include damages