Tag: Amazon.com

Boost for Google, Indian firms as govt seeks to relax data storage rules
18Jul By adminNo Comments
Technology

Boost for Google, Indian firms as govt seeks to relax data storage rules

[ad_1] Government plans to further relax its approach to data storage, processing and transfer beyond its borders, a boon for global companies such as Alphabet Inc.'s Google as well as Indian firms seeking growth abroad.A draft version of a new privacy bill allows companies to export data to any country except those specifically named by New Delhi, people familiar with the matter said, asking not to be named as the bill isn't yet public. A previous draft released publicly in November, conversely, restricted the export of data to all regions except those named by the government. India, like governments around the world, is trying to balance the needs of business with individuals' rights to data privacy. With its population of 1.4 billion, the country is an attractive growth market for gl...
Read More
Amazon Prime Day pushes US online sales up 6% in first 24 Hours
13Jul By adminNo Comments
Technology

Amazon Prime Day pushes US online sales up 6% in first 24 Hours

[ad_1] US consumers spent $6.4 billion online in the first 24 hours of Amazon.com Inc.'s Prime Day, according to Adobe Inc. That's up 6% from a year ago but fell short of estimates for even stronger growth as shoppers hunt for bargains.The 48-hour event, now in its 9th year, began Tuesday and runs through Wednesday. The promotions are designed to help Amazon grab new paying customers and deepen its relationship with existing ones before the holiday season. The research firm Numerator reported that the event was off to a strong start. As of 8 a.m. New York time, the average order size was $56.64, up 7% from a year ago, Numerator said Wednesday. Home goods and household essentials were the best-selling categories. Adobe said about 6% of orders were made using buy now, pay later services, ...
Read More
Tech Layoffs Offer Hiring Boon for Startups That Survive
10Dec By adminNo Comments
Technology

Tech Layoffs Offer Hiring Boon for Startups That Survive

[ad_1] With VC funding drying up and layoffs spreading, a buyer’s market is finally here for those startups with cash available to expand. Thousands of layoffs across the tech sector may end up being a boon for startups that struggled to hire talent during the heady days of sky-high valuations. The big catch is they need to ensure their own survival first after venture-capital investors pulled back sharply this year. The history of Silicon Valley is awash with stories of companies that were founded, or gained traction, in the ruins of recession. Amazon.com Inc. and Google, now known as Alphabet Inc., are among the big winners from past economic slumps. Google rose from the ashes of the dot-com bust of 2000 after it picked up a plethora of engineers laid off elsewhere, Margaret O'Ma...
Read More
Amazon Is Launching TikTok-Style Feed in Bet on Social Commerce
9Dec By adminNo Comments
Technology

Amazon Is Launching TikTok-Style Feed in Bet on Social Commerce

[ad_1] Amazon.com Inc. has launched a TikTok-style service that will let shoppers buy merchandise from a curated feed of photos and video. Amazon.com Inc. has launched a TikTok-style service that will let shoppers buy merchandise from a curated feed of photos and video. The world's largest e-commerce company on Thursday said the new feature, called Inspire, will roll out to select US customers in early December and go national in the next few months. “In just a few taps, customers can discover new products or get inspiration on what to buy, all tailored to their interests, and then shop for those items on Amazon,” said Oliver Messenger, the director of Amazon Shopping. Amazon, which has long used static product images and descriptions to create a uniform catalog, has been tryin...
Read More
Amazon Employees Fear ‘No One Is Safe’ as Layoffs Roil the Ranks
17Nov By adminNo Comments
Technology

Amazon Employees Fear ‘No One Is Safe’ as Layoffs Roil the Ranks

[ad_1] “No one is safe.” So wrote an Amazon.com Inc. employee on an internal chat room as the company began the largest round of layoffs in its history. The mood, especially in the hard-hit devices team, reflected the shock and dismay of people more accustomed to growing budgets and moonshots than talk of recession and austerity.  Devices chief Dave Limp, in a note to his team on Wednesday, said the firings pained him. He pledged severance payments for people who can't find other jobs inside the company. But for many recipients his note was little consolation, and some wondered why Chief Executive Officer Andy Jassy, considered by some a gentler touch than predecessor Jeff Bezos, hadn't addressed the troops the way Mark Zuckerberg did when announcing job cuts at Meta Platforms Inc.  La...
Read More
Boycott Twitter? That Is What Some Want If Elon Musk Does THIS
2Nov By adminNo Comments
Technology

Boycott Twitter? That Is What Some Want If Elon Musk Does THIS

[ad_1] Twitter Inc.’s top advertisers are being urged by dozens of advocacy groups to boycott the platform. Twitter Inc.'s top advertisers are being urged by dozens of advocacy groups to boycott the platform if its new billionaire owner Elon Musk lowers safety standards for content.The groups pressed companies including Apple Inc., Best Buy Co., Coca-Cola Co. and Verizon Communications Inc. in a letter to their chief executive officers Tuesday to commit to stop advertising on Twitter if Musk allows hate speech, misinformation and conspiracy theories to flourish on the platform. “Elon Musk is an erratic billionaire who has promised to roll back critical safeguards Twitter has put in place and replatform extremists who have repeatedly spewed hate, incited violence, and undermined our de...
Read More
Amazon Prime Music To Now Offer 100 Million Songs
2Nov By adminNo Comments
Technology

Amazon Prime Music To Now Offer 100 Million Songs

[ad_1] Prime tier upgrade also includes ad-free podcasts from Wondery, New York Times and CNN. Amazon.com Inc. is beefing up the music and podcast streaming offerings for its Prime subscribers, expanding access to 100 million songs from 2 million previously. That number of songs was only available in the company's Unlimited Music plan, which starts at $9 per month. There's a catch: Music on Prime can only be played in shuffle mode, or through playlists, some of which are personalized to users' tastes and can be downloaded for offline listening. Subscribers to the Unlimited plan can select specific songs. The expansion comes as Prime member growth stagnates in the US, per a July report from Consumer Intelligence Research Partners, a Chicago firm that tracks Prime members through con...
Read More
Amazon Starts Online Home Insurance Store for UK Customers
19Oct By adminNo Comments
Technology

Amazon Starts Online Home Insurance Store for UK Customers

[ad_1] Amazon.com is offering UK consumers home and contents insurance from third-party providers. Amazon.com Inc. is moving into a new business area, offering UK consumers home and contents insurance from third-party providers. The world's largest online retailer will initially provide shoppers with quotes from LV= General Insurance, Ageas UK and Co-op, with more insurers added in coming months, the Seattle-based company said. The rollout starts Wednesday. The Amazon Insurance Store will show star ratings, customer reviews and claims acceptance rates for the insurers, similar to the other products for sale on the site. Amazon will get a commission from the insurers for policies sold over the platform. The venture marks a departure for Amazon and will take on comparison website...
Read More
Amazon to Shut Down ‘Explore’ Virtual Tour Product in Latest Cut
13Oct By adminNo Comments
Technology

Amazon to Shut Down ‘Explore’ Virtual Tour Product in Latest Cut

[ad_1] Amazon.com Inc. is shutting down a virtual tour feature called “Amazon Explore.” Amazon.com Inc. is shutting down a virtual tour feature called “Amazon Explore,” which was launched during the pandemic, in the latest belt-tightening move by the online giant as it adjusts to slowing sales. “At Amazon, we are always experimenting and testing ideas like Amazon Explore,” the company said Wednesday in a statement. “While we are winding down this program, we'll continue innovating and investing in new ways to delight our customers. We are supporting our affected employees during this transition and working to identify other opportunities within Amazon.” Amazon launched Explore in 2020, targeting those suffering cabin fever during pandemic lockdowns. Users could pay $7.50 for a 50...
Read More
Amazon Glow Video-Calling Device for Kids Discontinued
5Oct By adminNo Comments
Technology

Amazon Glow Video-Calling Device for Kids Discontinued

[ad_1] Amazon.com Inc. is discontinuing its pandemic-era kids’ video calling device amid lackluster sales. Amazon.com Inc. is discontinuing its pandemic-era kids' video calling device amid lackluster sales and a shift in consumer behavior.Launched a year ago, the Amazon Glow emerged from the company's Grand Challenge moonshot laboratory. It seemed the perfect pandemic-era product: a combination video screen and projector that helped children get face time, play games, read and even draw with distant relatives. But sales were slow, and Amazon is now looking to shift employees who worked on the gadget into other roles. “At Amazon we think big, experiment, and invest in new ideas to delight customers,” said Amazon spokeswoman Kristy Schmidt, who confirmed the Glow's cancellation. “We als...
Read More