Amazon’s third quarter results showed a rebound in online sales, with a 7% growth rate doubled by the 14% gain in subscription-related revenues. Earnings materials from the company show that, as detailed on a segment-by-segment basis, online sales were up to $57.3 billion. Sales at physical stores...
Amazon said it is launching passkey support on browsers and mobile shopping apps. The offering, announced Monday (Oct. 23), lets customers set up passkeys in their Amazon settings and use the same face, fingerprint or PIN used to unlock their device. “This is about giving customers...
Amazon is asking a Seattle judge to dismiss a lawsuit from the Federal Trade Commission (FTC), saying the case “fails in its entirety.” The eCommerce giant has vehemently denied allegations made by the FTC regarding deceptive practices related to its Amazon Prime subscription service, Reuters reported Thursday (Oct. 19). Attorneys...
A Dutch consumer rights group is suing Amazon over its data tracking practices. Stichting Data Bescherming Nederland (SDBN), a consumer rights group in the Netherlands, has filed a class-action lawsuit against Amazon, accusing the tech giant of violating the European Union’s privacy law, The Wall...
Amazon launched the first prototypes for its Project Kuiper satellite internet system Friday (Oct. 6), moving forward in its plan to create a global satellite internet network. “The launch today started a new phase of our Protoflight mission, and there’s a long way to go, but it’s an...
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...
