Amazon
Amazon CEO Jassy Advocates Heavy AI Investment for High Returns
April 11, 2025 – Amazon CEO Andy Jassy has urged businesses to make substantial investments in artificial intelligence (AI) to secure significant financial gains in the future, as per a report by TechCrunch. In his annual letter to shareholders released on Thursday, Jassy emphasized the necessity for companies to allocate “substantial capital” to keep pace…
Amazon’s Widespread Use of AI: Every Business Unit Impacted, Including 750,000 Robots
March 5, 2025 – At the Mobile World Congress in Barcelona, Vishal Sharma, Vice President of Amazon’s General AI, stated that “almost no business unit at Amazon is untouched by AI.” Additionally, he dismissed the notion that open source models can reduce computational requirements. During a startup conference, Sharma explained that Amazon is leveraging its…
Amazon Prime Phases Out Clothing Try-On Service, AI Features Take Over
January 13, 2025 – According to a report by The Information, Amazon has announced that it will officially shut down its “Prime Try Before You Buy” service on January 31, 2025. This service, which allowed Prime members to try on clothing before purchasing and only pay for what they liked, is being phased out due…
Amazon Delays Five-Day RTO Policy Due to Limited Office Space
December 18, 2024 – Amazon has decided to postpone the implementation of a new strict RTO (Return to Office) policy for some employees due to insufficient office space in certain regions, according to a report by Business Insider on the 17th. The real estate team at Amazon has recently begun notifying employees that they can…
Amazon Makes Its Move: Officially Enters Online Car Sales Business
December 11, 2024 – Amazon today announced its official entry into the online car sales business, launching Amazon Autos in select regions of the United States. Amazon Autos, an e-commerce initiative, enables customers to search, order, and purchase new cars, trucks, and SUVs from dealerships. The retail giant has kicked off this new venture with…
Amazon Aims for the Moon with Plan to Deploy 100,000 Custom AI Chips
November 26, 2024 – Amazon has embarked on a moonshot initiative to deploy 100,000 second-generation custom chips, aiming to enhance data processing efficiency and trim down AI chip procurement costs, Bloomberg reported on November 25th. Citing informed sources, the news outlet revealed that Amazon has established an engineering lab in Austin, Texas, USA, and assembled…
Amazon Faces EU Investigation Over Potential Favoritism Towards Its Own Brands in E-commerce Market
November 22, 2024 – Amazon may face an investigation by the European Union next year, according to a report by Reuters on November 21st, regarding whether it favors its own branded products in the e-commerce market. Sources with direct knowledge of the matter revealed that European antitrust regulators have established a case under new rules….
Amazon Hits Pause on Kindle Colorsoft Shipments Due to Screen Defect
November 06, 2024 – Amazon, the global e-commerce giant, launched multiple Kindle e-readers in mid-October, including its inaugural color e-paperback, the Kindle Colorsoft, priced at $279.99. However, the highly anticipated device has hit a snag. According to reports from GoodEReader, Amazon has informed customers who purchased the Kindle Colorsoft that their order shipments will be…
Amazon’s New 12th Generation Kindle: Brighter Display and Swift Page Turns
September 26, 2024 – According to Good e-Reader, Spanish retailer MediaMarkt has recently listed a new Kindle e-reader, which is slated for release on September 30th. This device is speculated to be Amazon’s upcoming 12th generation entry-level Kindle. The new Kindle boasts a 6-inch, 300ppi screen with enhanced contrast and a backlight brightness that is…
Amazon Leads the Way: Ends Remote Work with New 5-Day Office Mandate
September 18, 2024 – According to a report by The New York Times, Amazon has informed its corporate employees that, effective January of next year, they will be required to return to the office for five days a week. This new policy marks an increase from the previous requirement of three days per week, which…