Amazon has begun shipping cargo for outside customers to compete with UPS and FedEx. According to a CNBC report on Monday (Sept. 6), Amazon’s first quarter earnings show an 80% rise in capital expenditures, which helped it boost the capacity of its logistic network by...
Amazon is reportedly warning third-party retailers on its site that potential antitrust rules in Congress could harm them, per reports from Wednesday (August 18). Reportedly, Amazon has sent a letter warning of the alleged adverse effects to come. In addition, the tech giant has been...
Three U.S. senators — two Democrats and a Republican — have asked Amazon to provide details about privacy and security protections for its new Amazon One palm print-recognition system. Amazon One lets customers use their palms to verify their identifies while making purchases at brick-and-mortar...
Amazon could spend more than $120 billion on supplies and services from more than 200,000 U.S.-based businesses this year, from electric vehicle manufacturers to cardboard box makers, according to a Thursday (Aug. 12) press release from the eCommerce giant. That total, which doesn’t include any...
As Amazon and surcharges go in Singapore, might there be signals or tea leaves for other countries? In a statement emailed to PYMNTS on Tuesday (Aug. 10), an Amazon spokesperson noted that the eCommerce giant is putting a surcharge in place in Singapore for transactions...
Amazon added six more communities to its Same-Day Delivery initiative, which gives buyers in eligible cities access to as many as 3 million items in a dozen categories, including baby, beauty and health, kitchen and dining, electronics, pet supplies and more. Prime members in Baltimore,...
Amazon will reportedly pay shoppers $10 worth of credits if they start using its palm print scanning technology, Amazon One. The new promotion was first spotted by TechCrunch, though there’s been no official announcement from Amazon yet. Amazon One was launched in September 2020, with...
A European privacy watchdog has fined Amazon 746 million euros ($887 million) for violating data protection laws. According to CNBC, Amazon disclosed the fine Friday (July 30) in a security filing. It was issued two weeks ago by the Luxembourg National Commission for Data Protection...
A recent job posting by Amazon seeking a digital currency and blockchain expert for its payments team means the company could be moving closer to allowing users to pay for their purchases with bitcoin and other cryptocurrencies. The Amazon job posting seeks an “experienced product...
