Authors using Amazon’s self-publishing service have more on their minds than selling books: Reports have surfaced that some have become the target of cybercriminals. Brian Krebs of KrebsOnSecurity explained how the thieves have stolen authors’ identities and used them to launder money: Hackers upload fake...
While most retailers are worried about going up against Amazon, Home Depot isn’t one of them. In fact, its CFO believes it has barriers to protect it against the eCommerce giant. In an interview with TheStreet, Home Depot’s CFO Carol Tomé said that she believes...
Amazon has launched an exclusive line of over-the-counter health products that is sure to challenge pharmacy retail chain’s bottom lines. CNBC reported that the Basic Care line was quietly launched in August and includes 60 health items that range from over-the-counter medications to hygiene products. While...
Prime customers carrying the Amazon Prime Rewards Visa Signature credit cards have a shiny new perk coming their way — the card will now net them the same 5 percent cash back at Whole Foods that it currently captures on Amazon.com. The move follows a series of...
As Amazon seeks to take on Flipkart in India, the eCommerce retailer is looking to offer more private label products. The news comes as Flipkart has also sought to focus on its own house brands, Livemint reported. Amazon India Vice President Manish Tiwary said the company is...
Amazon is reportedly engaged in a round of layoffs after combining Amazon Prime Now and AmazonFresh. According to a report in Yahoo! Finance, the layoffs are taking place in the company’s Seattle, Washington headquarters. By merging the two services, Yahoo! Finance reported it could streamline...
Amazon is partnering with Bank of America Merrill Lynch to expand its lending program for small businesses. CNBC reported that the partnership – revealed by sources who did not want to be named – will allow the eCommerce giant to reduce its risk and provide...
Amazon is reportedly working on its own artificial intelligence (AI)-enabled chip to interface with Alexa, its voice-activated digital assistant, according to a Monday (Feb. 12) report by technology news source Engadget. The chip would work on all Alexa-powered devices, including the company’s Echo line of...
Amazon is reducing its headcount at its corporate office in Seattle, with the eCommerce giant reportedly laying off several hundred employees in what is seen as a rare move by the company. According to news from The Seattle Times, in addition to the several hundred being...
