Amazon’s third-party sellers are likely to try to pass the cost of tariffs on to consumers, Amazon CEO Andy Jassy said Thursday (April 10). Interviewed on CNBC, which shared the video on its website, Jassy said sellers may not have the margin to absorb the...
Amazon has reportedly experimented with using its delivery drivers as emergency responders. The tech giant outfitted delivery vans in Europe with defibrillators to see whether those drivers could provide faster aid to heart attack victims, Bloomberg News reported Thursday (April 10), citing company documents. According to the report,...
Amazon reportedly canceled orders from multiple vendors in China and other Asian countries after President Donald Trump’s April 2 announcement that the United States planned to levy tariffs on goods from more than 180 countries. The company’s cancellations of the orders came without warning and...
The Amazon Alexa Fund has expanded the scope of its investments to include a variety of developments in artificial intelligence (AI). The fund, which was launched in 2015 to provide venture capital funding for voice and smart devices, has also been investing in startups focused...
Amazon continued its fight against counterfeit goods in 2024 by using artificial intelligence (AI) tools, seeing that counterfeiters are held liable and increasing brands’ use of its brand protection features. The company’s AI tools that proactively block infringements stopped more than 99% of suspected infringements...
Amazon has filed a lawsuit in response to a regulator’s ruling governing product recalls. The U.S. Consumer Product Safety Commission (CPSC) in January found that Amazon was responsible for the recalls of items sold on its site. The commission had found last year that Amazon...
Amazon plans to start helping dealers sell used cars as well as new ones, according to Fan Jin, director and general manager of Amazon Autos. Speaking on the Tuesday (March 18) episode of the Automotive News Daily Drive podcast, Jin said that adding used inventory for dealers is “really...
The Federal Trade Commission (FTC) says staffing cuts could delay its case against Amazon. As CNBC reported Wednesday (March 12), attorneys for the regulator have asked a judge to hold off on the start of a trial into whether Amazon had tricked customers into signing...
Amazon is aiming to derive savings from its robotics investment as it ups AI spending. As the Financial Times (FT) reported Wednesday (Feb. 26), the tech giant is expected to spend $35 billion on its retail network — which includes robotics-powered warehouses — to drive...
