Amazon’s recent moves in pushing groceries, closing pop-up stores and zeroing in on advertising could help the online retail giant grow profits, KeyBanc analysts said. CNBC reported that the analysts lifted Amazon’s price target and they also raised their allocation recommendations to overweight. The price...
Amazon has been testing a new feature on its mobile app where it forces users to either click through or select a pop-up ad for a cheaper product, according to a report by The Wall Street Journal. The paper used this example: When someone was...
According to a new study by Amazon, improved access to digital tech could help rural businesses add 360,000 full-time jobs and contribute an additional $140 million to the U.S. economy. The study, carried out by the U.S. Chamber of Commerce, founded that some 20 percent...
A new study by eMarketer says more than half (51.3 percent) of U.S. households will have Amazon Prime memberships this year, a number that would equal 63.9 million households in total. Prime membership growth will be driven by lower-income households and other Prime holdouts, who...
Amazon, worried that it could run afoul of antitrust laws, will stop preventing third-party sellers from hawking their products on other websites for a lower price. According to a report in CNN, Amazon confirmed that the new policy kicked off this week but declined to...
Amazon has expanded a program that rewards developers for creating top apps for its Alexa voice assistant to Spain, Italy and France, in a push to give people in those countries access to high-quality content from Alexa-enabled devices. The initiative, called the Alexa Developer Rewards...
Amazon is reportedly ready to get into sports broadcasting. A group of investors led by the eCommerce operator is reportedly “ready to sign a deal to buy YES Network — one of New York’s most prominent cable sports channels.” The offer, said to be imminent,...
Amazon, J.P. Morgan and Berkshire Hathaway have finally revealed the name for their joint healthcare initiative: “Haven.” “We want to change the way people experience healthcare so that it is simpler, better and lower cost,” Dr. Atul Gawande, Haven’s CEO, said in a statement on...
The Mexican central bank and Amazon are in talks to introduce a government-approved mobile payment system, according to reports. The system would involve users paying for online purchases using QR codes, and it would be the first time Amazon offered the technology in the country....
