2/28/2025 12:41:49 AM Amazon bets savings from automation can help fuel AI spending boom By Sarah Wolter The Seattle-based group is expected to spend up to $25b on its retail network, including investment in a new generation of robotics-led...
2/23/2024 5:32:58 PM Vestwell may be the "Amazon" of financial services By Samantha Wulfson Large firms aren’t looking at Vestwell as a competitor to be quashed but as a strategic ally in their own plans for workplace expansion....
1/27/2023 12:53:50 PM Amazon NFT initiative coming soon By Sarah Wolter Amazon is launching a digital assets enterprise, according to four sources familiar with the matter, who said that an NFT initiative is...
2/25/2022 1:39:33 PM Amazon’s ‘Just Walk Out’ Whole Foods store opens as frictionless checkout takes hold By Sarah Wolter Through the system, consumers scan an in-app code or their credit card at the entrance to the store, bag their items as they move through...
2/17/2022 1:34:09 PM Amazon and Visa agree to end global dispute over credit card fees By Sarah Wolter Amazon has been piling pressure on Visa to lower its fees, in a series of moves that signaled growing frustration from retailers over the...
11/19/2021 2:31:06 PM Amazon eyes dropping Visa on co-branded US card By Carlos Alonso Torras Amazon is considering dropping Visa as a partner for its Amazon Prime Rewards credit card, just two days after announcing it would stop...
11/17/2021 9:19:31 PM Amazon won’t accept U.K. Visa credit cards in fight over fees By Sarah Wolter As of Jan. 19, Amazon told British customers in an email, it will stop accepting the cards "due to the high fees Visa charges for...
9/9/2021 1:13:54 PM Amazon’s cashierless ‘Just Walk Out’ tech is coming to Whole Foods stores By Sarah Wolter After launching it in Go stores and then bringing it to larger Freshsupermarkets, Amazon’s cashierless “Just Walk Out” tech will soon...
5/27/2021 2:25:37 PM Perch raises $775m as race to acquire Amazon sellers heats up By Faisal Kawar Boston based Amazon marketplace rollup platform raised $775m in Series A funding led by SoftBank Vision. Fund 2.
4/21/2021 11:49:53 PM Amazon is bringing its Amazon One palm scanner to select Whole Foods as a payment option By Sarah Wolter The retail giant this past fall introduced the Amazon One scanner, which allows shoppers to enter a store by having their palm scanned....
2/12/2021 6:21:54 PM Amazon preparing to launch a ‘digital currency’ project in Mexico By Carlos Alonso Torras Amazon’s grip on the internet economy appears to be coming for currency next, with the e-commerce giant preparing to launch a “digital...
10/1/2020 6:08:30 PM AmEx and Amazon launch co-branded credit cards for UK SMEs By Sarah Wolter The cards allow businesses to decided whether to earn rewards or adjust payment terms on certain purchases. AmEx is one of the largest...
9/30/2020 12:40:12 AM Amazon will now let you pay with your palm in its stores By Sarah Wolter Amazon accounts for nearly 40 percent of e-commerce sales in the US today, and it takes a cut of even more online shopping by selling...
9/21/2020 1:21:27 PM Checkout-free shopping: it’s bigger than you think By Sarah Wolter Purchasing goods without having to check out saves customers time and annoyance while allowing retailers to upgrade their operations....
9/17/2020 11:06:24 PM Amazon exec discusses company Climate Pledge Fund By Sarah Wolter This episode of the Axios Re:Cap podcast digs into how Amazon hopes the fund will help achieve its goal of being carbon neutral by 2040,...
9/4/2020 1:00:50 PM Amazon debuts Alexa for property managers By Sarah Wolter Voice commerce has accelerated, with 90m voice-enabled devices in the U.S. Google and Amazon are betting that their hardware – Alexa for...