Page 42 - Amazon

Amazon plans to focus on utilising AI to speed up delivery services

Amazon has said that it will be focusing on using artificial intelligence (AI) to speed up delivery services, aiming to minimise the distance between its products and customers, the media reported

Top e-commerce platforms to stop selling seat belt alarm stopper clips

Amazon, Flipkart, Meesho, Snapdeal, and Shopclues had this item listed for sale

CCPA orders 5 e-tailers, Amazon to delist car seat belt alarm stopper clips

Consumer protection regulator CCPA has directed 5 e-commerce companies, including Amazon and Flipkart, to permanently delist all car seat belt alarm stopper clips as the product stops the alarm beep when not wearing seat belts, thus compromising passengers' safety. After investigating the matter, the Central Consumer Protection Authority (CCPA) directed Amazon, Flipkart, Snapdeal, Shopclues and Meesho to "permanently' delist all car seat belt alarm stopper clips and associated motor vehicle components which compromise the safety of passengers and the public. As a result, 13,118 car seat belt alarm stopper clips have been removed from the five e-commerce platforms. While Amazon has delisted 8,095 such clips , Flipkart has delisted 4,000-5,000, Meesho 21 and Snapdeal and Shopclues one each, the regulator said in a statement. CCPA passed orders against the five e-commerce players for violation of consumer rights and unfair trade practice under the Consumer Protection Act, 2019, it ...

E-commerce platforms growing slower than expected as sale drops: Report

According to several industry insiders, the pandemic-related tailwinds that drove significant growth in online shopping are now waning

EU proposes tougher cybersecurity labelling for Amazon, Google, MS

While the new provisions underscore EU concerns of interference from non-EU states, they are likely to spark criticism from US tech giants worried about being shut out from the European market

Supreme Court stays Rs 202 crore penalty on Amazon slapped by CCI

The penalties were imposed in two parts in accordance with separate sections of the law. Rs 200 crore and Rs 2 crore were thus imposed on Amazon

Amazon Fire TV Cube review: Smart speaker, streaming player rolled into one

Amazon Fire TV Cube is focused on performance, but there is more to like here such as HDMI-in port, USB-A port, Ethernet port, Wi-Fi 6, and support for Dolby Vision and Dolby Atmos

Amazon to distribute its original movies, TV shows on other sites

Amazon's move follows the company's $8.5 billion acquisition last year of the Metro-Goldwyn-Mayer Inc. film studio, home of James Bond and other franchises

Amazon plans to make Alexa more interactive with ChatGPT like features

According to the Mashable website, Amazon is developing its voice assistant device to be bigger and better

Amazon, Samara Capital to shed 20% stake in More Retail before IPO

The Amazon-Samara combine has approached family offices and domestic capital investors for the deal, sources said

Google, Amazon lobbyists helped US shape new Indo-Pacific trade framework

Officials with the US Trade Representative invited Amazon and Google lobbyists early last year to meet personally with Sarah Bianchi, the deputy trade representative

Amazon to Walmart: Workers' well-being tops agenda at annual company meet

Shareholders and companies have reached agreements on about a third of the requests. Most of the rest will go to a vote

Amazon building more 'generalised & capable' AI model to power Alexa: CEO

In AWS, the company has 25-plus machine learning services "where we have the broadest machine learning functionality and customer base by a fair bit"

Amazon falls after warning of slowdown in cloud computing business growth

AWS revenue rose 16% to $21.4 billion in the first quarter, the weakest growth rate since Amazon began breaking out the unit's sales

First time since 2014, Amazon omits India business from earnings call

The change is particularly notable given the high rate of growth of the e-commerce industry in South Asia

Amazon lays off employees in Cloud computing, HR units in fresh wave

The layoffs are part of the previously announced job cuts that would affect 9,000 employees. In the first job cut round, Amazon slashed approximately 18,000 roles

Fire TV Cube (3rd Gen): Unboxing Amazon Alexa-powered streaming device

The third generation Fire TV Cube is Amazon’s most powerful media streaming device. Powered by an octa-core (4x2.0 GHz + 4x2.2GHz), the device is said to be 20 per cent more powerful than the previous

Amazon shuts down health-focused Halo division, lays off employees

For employees who are impacted by this decision, Amazon is providing packages that include a separation payment, transitional health insurance benefits, and external job placement support

Top 25 tech firms' valuation grows $2.4 trillion in 2023, shows report

Meta, Apple, Amazon, Microsoft, and Google (FAAMG) stocks contribute more than 60 per cent of the tech stocks with $7.7 trillion

Amazon layoffs 2023: Employees loose jobs in AWS Cloud Division

Amazon Web Services personnel in the US, Canada and Costa Rica whose jobs were being eliminated were notified early Wednesday, the unit's chief said in an email to staff