Amazon is aiming to take UPS and FedEx by storm, with the eCommerce giant reportedly delivering packages in Los Angeles. According to a recent report by The Wall Street Journal, Amazon sees the logistics supply chain as an area that is rife for change and bets...
Amazon wants Alexa to be a better conversationalist. Amazon has announced the first annual Alexa Prize, which could pay out a total of $2.5 million to universities that participate. The winning university team that designs the highest-performing socialbot will win a $500,000 prize; another prize...
Amazon announced on Wednesday (Sept. 28) the launch of the all-new Fire TV Stick that includes an Alexa Voice Remote. The streaming stick is up to 30 percent faster than the original, offers access to more than 300,000 movies and TV episodes and includes the Alexa...
Beware the Amazon Effect, where competitors’ stocks slide on the merest hint that Amazon wants a piece of their pie. Unless you’re a short seller — or in stocks for the long haul — heady declines may be hard to stomach.
Amazon wants to take over the online world and is attempting to do that by expanding its Etsy competitor Handmade at Amazon into Europe. In a press release on Thursday (Sept. 22), Amazon said the store, which features genuinely handmade items crafted and sold directly from...
The team over at Shutterfly learned yesterday (Sept. 21) that, when Amazon announces it is getting into your line of work, investors notice and worry. Shutterfly experienced its worst single-day decline in more than eight years on the announcement of Amazon Prints — a service...
Amazon has reportedly inked a deal to acquire Angel.ai, a chatbot technology company, for an undisclosed sum. According to a report by TechCrunch, Amazon confirmed Angel.ai Cofounder and CEO Navid Hadzaad has joined Amazon. “I can confirm that Navid started at Amazon, and that his first day...
It is never a good day for a brand when it seems that Amazon is getting ready to move into your territory. Ulta, it seems, is having one of those rough days, as Amazon has announced that Prime Now is adding a beauty store. Starting...
Amazon announced on Wednesday (Sept. 14) that Alexa, Echo and the all-new Echo Dot are now available in the U.K. and Germany. In a press release, Amazon said the devices, which are voice-controlled speakers designed entirely around a human’s voice, will start shipping in the...
