Tag Archives: Amazon

Amazon takes a new brick-and-mortar approach with a stake in Neiman Marcus

Amazon takes a new brick-and-mortar approach with a stake in Neiman Marcus It’s bringing data and logistics expertise to the luxury retailer. steve dent   Updated Fri, Jul 5, 2024 ASSOCIATED PRESS Amazon changed the face of retail over the last 20 years but has failed miserably to make inroads in the luxury goods market. … Continue reading Amazon takes a new brick-and-mortar approach with a stake in Neiman Marcus

Amazon is revamping Alexa with generative AI, but it’ll cost you

June 21, 2024 Amazon is revamping Alexa with generative AI, but it’ll cost you Amazon is considering a $5 monthly fee to access the upgraded voice assistant. BY Reuters Amazon is planning a major revamp of its decade-old money-losing Alexa service to include a conversational generative AI with two tiers of service and has considered a … Continue reading Amazon is revamping Alexa with generative AI, but it’ll cost you

Amazon faces nearly $6 million in fines over California labor law violations

Amazon faces nearly $6 million in fines over California labor law violations The company failed to properly notify its warehouse workers about their expected quotas. anna washenko   Updated Wed, Jun 19, 2024   ASSOCIATED PRESS The California Labor Commissioner’s office has fined Amazon $5,901,700 for infractions related to a law designed to protect warehouse … Continue reading Amazon faces nearly $6 million in fines over California labor law violations

A retail analyst says Target is ‘falling behind’ Walmart, Amazon, and Costco after earnings, but hope is not lost

May 22, 2024 A retail analyst says Target is ‘falling behind’ Walmart, Amazon, and Costco after earnings, but hope is not lost The company’s stock growth has lagged this year when compared to some of its competitors in the retail space. BY Sam Becker Target reported Q1 2024 earnings on Wednesday, revealing to investors that comparable … Continue reading A retail analyst says Target is ‘falling behind’ Walmart, Amazon, and Costco after earnings, but hope is not lost

Nvidia Introduces Latest AI Chips That Google, Microsoft, Amazon Will Use

Nvidia Introduces Latest AI Chips That Google, Microsoft, Amazon Will Use by Laurie Sullivan , Staff Writer @lauriesullivan, March 19, 2024 The future of advertising and other industries will change with the emergence of Nvidia’s latest chips and software. On Monday, the company introduced the latest generation of artificial intelligence (AI) chips and software for running … Continue reading Nvidia Introduces Latest AI Chips That Google, Microsoft, Amazon Will Use

Amazon to pay $1.9 million to settle claims of human rights abuses of contract workers

Amazon to pay $1.9 million to settle claims of human rights abuses of contract workers The money will be split among 700 laborers. Lawrence Bonk   Fri, Feb 23, 2024 jokuephotography via Getty Images Amazon will pay out $1.9 million to more than 700 migrant workers to settle claims of human rights abuses following exploitative … Continue reading Amazon to pay $1.9 million to settle claims of human rights abuses of contract workers