Amazon is testing the use of artificial intelligence (AI) to summarize customer feedback on its platform, potentially reducing the time shoppers spend reading reviews before making a purchase. For instance, on the product page for Apple’s third-generation AirPods, the AI feature now provides a summary of over 4,000 user ratings. It highlights positive feedback about…
Shares of Affirm Holdings (AFRM) experienced a significant surge on Wednesday following the announcement of a partnership with Amazon Pay (AMZN). This collaboration will enable merchants utilizing Amazon Pay to integrate Affirm’s “Adaptive Checkout” feature, providing customers with the option to pay for their purchases over time. The technology is already accessible on Amazon.com and…
An Amazon worker who played a prominent role in organizing an unsuccessful unionization effort at a warehouse in Alabama has been fired by the company. Jennifer Bates, known for testifying about her challenging experience at Amazon, was terminated after returning from medical leave due to job-related injuries. The Retail, Wholesale and Department Store Union (RWDSU),…
Amazon corporate workers staged a visible walkout to express their lack of trust in the company’s leadership. Organizers claimed that over 1,000 employees participated, while Amazon disputed the number, estimating around 300 participants. The walkout aimed to address employee frustrations, including Amazon’s insistence on employees working in the office at least three days a week….
Contemporary designer Ronny Kobo is expanding her distribution by opening a shop-in-shop in the Amazon Fashion store. Amazon is expanding its premium fashion brands, and Ronny Kobo is the latest to join the list. The e-commerce giant will debut its Ronny Kobo shop-in-shop on Monday, highlighting the designer’s spring collection. Kobo’s collection, known for its…
Amazon (AMZN) has built its e-commerce empire by making shopping affordable and foolproof. You didn’t like the pan you bought on Amazon? No worries, you had free returns. However, the days of across-the-board free returns are over: Amazon is instituting a $1 fee on some returns, marking a notable shift from the company’s early days…
Amazon wants investors to know it won’t be left behind in the latest Big Tech arms race over artificial intelligence. In a letter to shareholders Thursday, Amazon (AMZN) CEO Andy Jassy said the company is “investing heavily” in large language models (LLMs) and generative AI, the same technology that underpins ChatGPT and other similar AI…
Amazon is reportedly weighing the purchase of AMC Entertainment and its nationwide chain of movie theaters as a means of promoting Amazon’s content and other services. The Intersect reported that Amazon founder Jeff Bezos has tasked his team of investment advisers and entertainment chiefs with exploring plans to acquire AMC and its chain of nearly…
A new online shopping platform linked to one of China’s top retailers has quickly become the most downloaded app in the United States, surpassing Amazon and Walmart. Now it’s looking to capitalize from an appearance on America’s biggest stage. Temu, a Boston-based online retailer that shares the same owner as Chinese social commerce giant Pinduoduo,…
Amazon will require all office staff to work in-person at least three days a week, ending a policy that left remote work decisions up to team directors. As reported on BBC, boss Andy Jassy informed staff of the change on Friday, saying it would take effect on 1 May. The company is joining others such…
Amazon is expected to begin a fresh round of job cuts in what looks poised to become the largest workforce cuts in its 28-year history as reported on CNBC. Earlier this month, CEO Andy Jassy said the layoffs would affect more than 18,000 employees, primarily in its human resources and stores divisions. Amazon said in…
