Amazon executives accused by FTC of deceptive Prime business practices
A trio of Amazon.com Inc. AMZN executives on Wednesday were added to a lawsuit the Federal Trade Commission filed against Amazon in June. Senior Vice Presidents Neil Lindsay and Russell Grandinetti...
Amazon unveils a 'smarter and more conversational' Alexa amid AI race among tech companies
Amazon has unveiled a slew of gadgets and an update to its popular voice assistant Alexa, infusing it with more generative AI features to better compete with other tech companies who've rolled out ...
Amazon Unveils Upgraded Devices With Gen AI-Powered Features
Amazon unveiled new Echo devices, Fire TV technology and eero Wi-Fi system. Among the upgrades added to some of the devices introduced Wednesday (Sept.
Amazon: Preparing For The Festive Rush (Rating Upgrade)
Amazon.com, Inc. stock's recent pullback is likely attributed to macroeconomic uncertainties and competitive threats. Concerns about macro risks, including declining saving rates, rising delinquenc...
FTC names three Amazon executives in amended complaint over 'deceptive' Prime processes
The Federal Trade Commission updated its complaint against Amazon for its "deceptive" Prime sign-up and cancellation process.
Amazon's ambitious holiday hiring spree signals optimism despite rising costs
Amazon.com Inc (NASDAQ:AMZN)'s plans to add 250,000 holiday employees this year is a move that signals optimism amidst increased costs, analysts at Bank of America have noted. The expanded hiring s...
Amazon's Alexa Gets an AI-Powered Upgrade
Echo customers will get a free preview of Alexa's new AI conversational capabilities on devices they already own.
Amazon brings generative AI to Alexa
During a press event this morning at its HQ2 headquarters in Arlington, Virginia, Amazon announced that it'll soon use a new generative AI model to power new experiences across its Echo family of d...
Veteran Tech Analyst Dan Ives Says Artificial Intelligence (AI) Use Cases Are "Exploding." 3 Stocks to Buy Now to Profit From the Trend.
AI has taken the world by storm in 2023, but the trend has only just begun. Nvidia and Microsoft are the clear winners of the first wave of AI adoption.
Amazon Kicks Off Holiday Sales With Prime Big Deal Days October 10 & 11
The sale starts at 5 am EDT on October 10.
Amazon claims highest annual investment in US hourly wages as it targets 250,000 more holiday workers
Amazon.com Inc (NASDAQ:AMZN) said it is investing $1.3 billion in 2023 towards pay increases for customer fulfillment and transportation employees, taking the average hourly pay for the roles to $2...
Amazon Is Copying Its Cloud Strategy in Another Big Market: Is the Stock a Screaming Buy?
Last week, Amazon launched its Supply Chain by Amazon service. Wedbush believes that the company is copying the playbook it used with Amazon Web Services.
Eventually Amazon will stagnate, there needs to be a company to take its place, says Bradley Tusk
Hosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m.
Amazon expected to hire 250,000 new workers this holiday season
Amazon (AMZN) intends to recruit an extra 250,000 employees for the upcoming holiday season, marking a significant 67% increase compared to previous years. Other retailers like Macy's (M) and Targe...
Op-ed: FTC's crackdown against Amazon is necessary for long-term innovation, startup investor argues
The government must recognizes that new market entrants can't compete if the existing giants are allowed to deploy whatever competitive practices they want.
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