Amazon

US buyers spent $7.2B on the first day of Amazon’s Prime Day sales event

Consumer spend in the U.S. for the first day of Amazon Prime Day recorded 11.7% year-on-year growth according to data by Adobe Analytics. This year, Amazon is holding its Prime Day event this week across many regions. Adobe’s report noted that consumers spent $7.2 billion on the first day as compared to $6.4 billion on

US buyers spent $7.2B on the first day of Amazon’s Prime Day sales event Read More »

Amazon revives its Echo Spot with an upgraded look and improved audio

Amazon has released an all-new version of its Echo Spot ahead of Prime Day, the company announced on Monday. The 2024 version of the Alexa-enabled smart alarm clock costs $79.99, but is currently on sale for $44.99 for Prime members. The company says the latest iteration of the product comes with better visuals and improved

Amazon revives its Echo Spot with an upgraded look and improved audio Read More »

Amazon hires founders away from AI startup Adept

Adept, a startup developing AI-powered “agents” to complete various software-based tasks, has agreed to license its tech to Amazon as the startup’s co-founders and portions of its team join the ecommerce giant. Geekwire’s Taylor Soper first reported the news. According to Soper, Adept co-founder and CEO David Luan will join Amazon, along with Adept co-founders

Amazon hires founders away from AI startup Adept Read More »

Amazon consolidates Amazon Clinic into the One Medical brand

Amazon is folding its Amazon Clinic telehealth service into its primary care business One Medical, the company announced on Thursday.  The company explained in today’s blog post that, to simplify Amazon’s primary care offering for customers, the service has now been rebranded to Amazon One Medical Pay-per-visit, and now offers more affordable per-visit pricing. Customers

Amazon consolidates Amazon Clinic into the One Medical brand Read More »

Amazon hit with fresh class action-style suit in UK — $3.4B in competition damages sought for 200,000+ sellers

Amazon is facing another competition lawsuit in the U.K. The latest claim, which was filed Thursday, is seeking more than £2.7 billion in damages — or around $3.4 billion at current exchange rates — before the U.K.’s Competition Appeals Tribunal. The case is being brought by Andreas Stephan, a professor of competition law at the

Amazon hit with fresh class action-style suit in UK — $3.4B in competition damages sought for 200,000+ sellers Read More »