Amazon

Amazon
Amazon Set To Launch Its Own Toy Line
December 12, 2018

Amazon is making a move into toy-making just in time for the holidays. TJI, a research site that tracks Amazon’s private-label brands, recently noticed four product pages on Amazon.com for children’s toys from AmazonBasics. The products listed were a Soft Play Single Tunnel; a Soft...

Amazon
Morgan Stanley: ‘Amazon Effect’ Doesn’t Damper Local Hiring
December 12, 2018

A new report shows that the arrival of Amazon brings major benefits to a location’s labor market. The new analysis from Morgan Stanley aimed to take a look at the eCommerce giant’s real impact on the job market “beyond the negative headlines around the hollowing out...

Amazon
Amazon Sacks Employees Who Stole Data
December 10, 2018

Amazon is cracking down on seller scams and has fired employees in the U.S. and India as a result. According to a report in The Wall Street Journal, citing people familiar with the matter, Amazon has been in the process of investigating data leaks and...

Amazon
Amazon To Penalize Third-Party Sellers For Sending Unsafe Packages
December 10, 2018

Amazon will start charging third-party sellers penalty fees for packages that don’t comply with its safety requirements. An email obtained by CNBC revealed that the eCommerce giant expects third-party sellers to meet the company’s package safety standards when sending inventory to be stored and shipped...

Amazon
Amazon Eyes Airports For Amazon Go Expansion
December 07, 2018

Amazon is exploring the idea of rolling out cashierless stores in airports as it continues to expand into a host of new markets. Reuters, citing public records and a person familiar with the strategy, reported that Amazon is looking at U.S. airports as new locations...

Amazon
NY To Amazon: We Support Your New HQ
December 05, 2018

In a poll of New Yorkers on whether they support or oppose Amazon’s plans to build a new headquarters in the Long Island City area of Queens, the majority said they support Amazon, according to a report by Reuters. They do have some trepidations, however,...

Amazon
Amazon Briefly Became World’s Biggest Company On Monday
December 03, 2018

While most of the financial world has been focused on Microsoft surpassing Apple as the world’s most valuable company, Amazon quietly stole the top spot for a brief moment on Monday (December 3), according to the Financial Times. Apple was just toppled last week as...

Amazon
Forget Drones — For Amazon Delivery Domination, Think Vans
December 03, 2018

Amazon’s delivery efforts provided minor Facebook entertainment over this past weekend for more than a few people in New Orleans (home of the PYMNTS warm winter and Mardi Gras bureau). A picture of one of Amazon’s newer delivery vans doing its business in the city...

Amazon
Amazon-Linked Health App Sparks Privacy Concerns
November 30, 2018

An Amazon-linked healthcare app is raising some privacy concerns. According to the Wall Street Journal, doctors can direct their patients to buy blood-pressure cuffs, slings and other supplies using the app that is embedded in the patient’s private medical record. The app, developed by Xealth Inc., allows...