Amazon is launching a feature that will add a new artificial intelligence layer to its writing tablets. "Send to Alexa+" is rolling out to the current generation of Kindle Scribe and Kindle Scribe Colorsoft devices. This concept was announced when Amazon first debuted the Kindle Scribe Colorsoft last fall, but the company said that the feature wouldn't be available until this year. As the name implies, "Send to Alexa+" lets users share their notebooks and
According to recent reports, the company is talking to publishers about launching a marketplace where media sites can sell their content directly to companies building AI tools. The idea is to create a central hub where media outlets can license articles, data, and other content to AI companies. At the moment, many AI models use information scraped from the web without clear agreements or compensation. This has sparked legal disputes and raised questions about ownership and how publishers should be fairly compensated.
Everlane just landed on Amazon, and as a shopping writer who already relies on the brand for everyday staples, I immediately started scrolling. The retailer makes some of the best elevated basics out there-think great-fitting T-shirts, comfortable pants, and chic accessories that don't feel trendy or disposable. Even better, many of its most popular styles are already marked down, with discounts up to 64 percent. For anyone who loves high-quality pieces without the luxury markup, this drop feels like a big win.
MacKenzie Scott helped build one of the most recognizable companies in modern history-all while writing her first novel. As Amazon scaled from a fledging startup to a global force, Scott was simultaneously cultivating a literary life. Long before Amazon, Scott launched her literary career. While studying creative writing at Princeton University, Scott landed herself a highly coveted spot as one of Toni Morrison's advisees, a relationship that would shape her literary pursuits.
Amazon said Thursday it plans a staggering $200 billion in capital expenditures this year, sparking concern that the AI spending boom has entered an even more bubbly stage. The company's capex forecast was more than $50 billion above Wall Street expectations. That left some analysts uneasy about whether these huge investments will pay off. "The strong long-term return on investing capital - I think that's the debate in the market today," Mark Mahaney, a tech analyst at Evercore ISI, said during a conference call with Amazon executives following the results.
Amazon has announced that its generative AI-powered digital assistant Alexa Plus is now available to all Prime members in the US via any Alexa-enabled device, Alexa.com, and the Alexa mobile app. If you don't have Prime, you can access the assistant on a new free tier on the web and app, or pay $20 a month for unlimited access to Alexa Plus, without Prime.
Amazon (NASDAQ:AMZN) just announced it's shutting down both its Amazon Go convenience stores and Amazon Fresh grocery locations, marking a dramatic retreat from physical retail. The company cited failure to achieve "a truly distinctive customer experience with the right economic model needed for large-scale expansion." Some locations will convert to Whole Foods Market stores. The closures come alongside 16,000 job cuts, accidentally revealed in an internal AWS email about "Project Dawn" organizational changes.
Shares of Amazon ( NASDAQ:AMZN) are up 0.5% this week, but retail investor sentiment tells a darker story. The company's social sentiment score dropped to negative 0.15 on Reddit and X over the past week, a sharp reversal from its neutral-bullish 0.12 average over the prior quarter. Among select tech peers, Amazon stands alone in sustained bearish sentiment while companies like NVIDIA ( NASDAQ:NVDA), Alphabet ( NASDAQ:GOOGL), Meta Platforms ( NASDAQ:META), and Apple ( NASDAQ:AAPL) enjoy bullish or neutral enthusiasm from the retail crowd.
An Amazon fulfillment center in Texas became a murder scene after a dispute between co-workers spiraled into a shooting that left one man dead and two others implicated in his murder. The incident unfolded just after 10 p.m. on January 10 at a San Antonio Amazon facility located at U.S. Highway 90 and Loop 1604, local news station WOAI reports.
That equity investment is now presumptively worthless after Saks continuously failed to meet its budgets, burned through hundreds of millions of dollars in less than a year, and ran up additional hundreds of millions of dollars in unpaid invoices owed to its retail partners," Amazon's attorneys wrote in a court filing on Wednesday, just hours after Saks Global filed for Chapter 11 with a $1.75 billion financing package.
With an aggressive business strategy that extends their value and diversifies their revenue streams, they continue to shock big business, most recently with their jump into brick and mortar with the opening of their bookstores and beta grocery store Amazon Go. So, how do they do it and what can other companies learn to ensure their own long-term success? The answers may be surprising, as Amazon challenges many traditional lessons we've learned for how to be successful in marketing and in business.
