Amazon has lowered the threshold for free grocery delivery about seven months after raising it. Shoppers with a Prime membership can now get free Amazon Fresh grocery delivery on orders over $100, the company said in a Thursday (Oct. 5) press release. Amazon had raised the...
Amazon is reportedly shutting down its live-audio app, Amp, which allowed users to play music and talk alongside the songs. Steve Boom, the head of Amazon’s digital music unit, said in a memo that the closure of Amp was part of the company’s strategy to prioritize investments...
The Federal Trade Commission (FTC) has reportedly alleged that Amazon used a secret algorithm code-named “Project Nessie” to test the limits of price increases while ensuring competitors would follow suit. This algorithm aided Amazon in maximizing its profits across various shopping categories, prompting competitors to raise their prices...
The European Union (EU) General Court has reportedly partly suspended a European Commission (EC) decision that required Amazon to publish a detailed database of advertisements it receives. The Wednesday (Sept. 27) decision comes in the first round of a dispute between the EU and the...
The Federal Trade Commission (FTC) has sued Amazon, charging the retail giant with “illegally [maintaining] its monopoly power.” The antitrust lawsuit, filed Tuesday (Sept. 26) by the FTC and 17 states, alleges that Amazon uses unfair, anti-competitive strategies to block other merchants from success. “The...
Smart glasses have long been the stuff of science fiction dreams, promising a future where we can seamlessly integrate digital information and augmented reality into our daily lives. However, despite numerous attempts by tech giants and startups, smart glasses have consistently failed to take off...
The Federal Trade Commission (FTC) is reportedly expected to file a lawsuit against Amazon for antitrust violations next week. The anticipated antitrust complaint, which will be filed in federal court, is expected to focus on several key issues, Bloomberg reported Friday (Sept. 22), citing unnamed sources. Reached by PYMNTS, an FTC...
Amazon has canceled a planned fee on merchants who don’t use its shipping services. The fee, announced in August, was set to take effect Oct. 1 and would have applied to third-party merchants using Amazon’s Seller Fulfilled Prime program, Bloomberg reported Wednesday (Sept. 20). Amazon began notifying merchant...
Amazon aspires for Alexa to be an integral part of the consumer’s household. During its product launch on Wednesday (Sept 20), Amazon unveiled enhancements to its Alexa voice assistant, introducing intuitive decision-making capabilities derived from natural conversation. This is in response to the rising consumer...
