As Amazon competes with Walmart for low-income shoppers, the eCommerce retailer is rolling out discounted pricing of its Prime program to more people receiving government benefits. The company will now offer its Prime membership for $5.99 a month — down from $12.99 a month or $99...
Washington, D.C., could be the home of Amazon.com’s second headquarters: Officials from the eCommerce giant toured potential sites in the area last week. According to news from The Washington Post, Amazon officials toured locations in Washington, D.C., Montgomery County, Maryland, and Northern Virginia. The report noted...
To create a financial product that would appeal to younger customers and those without a bank account, Amazon is reportedly in talks with big banks like JPMorgan Chase about designing a checking account-like product. The discussions are in the early stages, and there’s no guarantee the product would...
Nest, the Internet-connected home device company owned by Google, was informed last week that Amazon won’t be selling any of the recent products the company launched. Citing a person familiar with a conference call between the two companies, Business Insider reported that Nest employees were...
Amazon, according to its in-nation general manager, is eyeing an expansion into grocery delivery in France — a part of its global push on food retail, though it has no immediate plans. “(Food) is a strong development axis for Amazon since the launch of our...
If Amazon wants everyone to rely on its voice-activated smart assistant Alexa, today revealed that many, many people are doing exactly that; Alexa complaints lodged with the service Down Detector spiked massively on Friday morning (March 2). It appears a regional outage that affected Amazon...
When asked why inflation has been so low for the past decade, Federal Reserve Chairman Jerome Powell had an interesting answer: the Amazon effect. “It’s a global phenomenon. We don’t perfectly understand it. Since the [financial] crisis, a big factor that has been weighing down...
Amazon is reportedly gearing up to open more cashless brick-and-mortar convenience stores dubbed Amazon Go. Recode, citing multiple people familiar with Amazon’s plans, reported news that the eCommerce giant is planning to open as many as six new Amazon Go locations in 2018. Some are...
Another perk for Amazon Prime members: Daily deals site Woot! announced that it is offering free shipping on purchases from its site to all Prime subscribers. Founded in 2004 and acquired by Amazon in 2010 for $110 million, Woot! started out with a “one deal...
