Remember that Christmas movie “Miracle on 34th Street,” where Macy’s in-store Santa, Kris Kringle, sends a frazzled shopper to a competitor’s store to find the Christmas present her son wanted because Macy’s was out of stock? Now, Amazon is doing the same thing online. The retailer announced on Tuesday the test of a new Amazon […]
Rivian will sell its commercial electric vans to any U.S. business that wants one — more than a year since ending an exclusivity deal with backer Amazon. The company will sell two vans — the smaller 500 and the larger 700 — but buyers will have to be registered businesses, according to the company. That
Rivian opens commercial van sales to all businesses Read More »
A coalition of organizations and individuals have signed an open letter expressing concern at the U.K. government’s decision to appoint a former Amazon executive as chair of the Competition and Markets Authority (CMA). The group, which includes U.S. tech outfits such as Yelp, DuckDuckGo, and Mozilla, says that the CMA must be “free from political
Coalition ‘concerned’ over UK appointing ex-Amazon exec as antitrust regulator chair Read More »
Amazon is the latest tech company to remove references to “inclusion and diversity” from its 10-K report. The filing has removed reference to diversity and inclusion as it pertains to the workplace. In its 2023 10-K form, the company had a sentence that read “As we strive to be Earth’s best employer, we focus on investment and
Amazon deletes ‘inclusion and diversity’ language in latest filing Read More »
Nuclear startup X-Energy has added $200 million to an existing $500 million Series C round. The small module reactor specialist previously announced a deal with Amazon in October, which included an investment and development agreements to build 300 megawatts worth of nuclear power plants in the Pacific Northwest. New investors in the round include Ares
Laurene Powell Jobs joins Amazon in backing nuclear startup X-Energy in $700M round Read More »
Despite all the buzz last week that DeepSeek would herald in an era of lower AI budgets, there is zero sign that Big Tech is slowing down. Instead, they’re ramping things up. Amazon is the latest tech giant to announce a massive AI spending plan, with well over $100 billion in predicted capital expenditures for
Amazon doubles down on AI with a massive $100B spending plan for 2025 Read More »
Amazon may be gearing up to release a next-gen, AI-powered Alexa experience, according to Reuters. Per the outlet’s report, Amazon plans to preview an upgraded version of Alexa, the company’s smart home assistant that runs on a number of first- and third-party devices, at an event on February 26. The revamped Alexa is said to
Amazon reportedly gears up to release next-gen Alexa Read More »
Renewables notched another win as Amazon signed contracts to buy 476 megawatts of wind and solar on the Iberian Peninsula. The power purchase agreements with multinational utility Iberdrola should help Amazon feed new data centers it has planned in the region. Last May, the company said it would invest $17 billion in infrastructure projects, including
Amazon continues renewable energy spree with 476 MW purchase Read More »
Amazon is eliminating a small number of roles in its Communications and Sustainability departments, according to an internal memo viewed by TechCrunch. Per the memo, these cuts appear related to Amazon’s controversial return to office policy. In September, Amazon CEO Andy Jassy notified employees that they would be expected to return to the office five
Amazon cuts jobs in Sustainability department Read More »
Amazon is the latest company to announce a price hike for its music streaming subscriptions. The company revealed this week that the price of an Amazon Music Unlimited Individual plan for Prime members is going from $9.99 per month to $10.99. As for subscribers without a Prime membership, the price of their subscription is going
Amazon hikes prices for its Music Unlimited subscriptions Read More »
