Amazon bets savings from automation can help fuel AI spending boom
The Seattle-based group is expected to spend up to $25b on its retail network, including investment in a new generation of robotics-led...
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Vestwell may be the "Amazon" of financial services
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....
Amazon NFT initiative coming soon
Amazon is launching a digital assets enterprise, according to four sources familiar with the matter, who said that an NFT initiative is...
Amazon’s ‘Just Walk Out’ Whole Foods store opens as frictionless checkout takes hold
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...
Amazon and Visa agree to end global dispute over credit card fees
Amazon has been piling pressure on Visa to lower its fees, in a series of moves that signaled growing frustration from retailers over the...
Amazon eyes dropping Visa on co-branded US card
Amazon is considering dropping Visa as a partner for its Amazon Prime Rewards credit card, just two days after announcing it would stop...
Amazon won’t accept U.K. Visa credit cards in fight over fees
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...
Amazon’s cashierless ‘Just Walk Out’ tech is coming to Whole Foods stores
After launching it in Go stores and then bringing it to larger Freshsupermarkets, Amazon’s cashierless “Just Walk Out” tech will soon...
Perch raises $775m as race to acquire Amazon sellers heats up
Boston based Amazon marketplace rollup platform raised $775m in Series A funding led by SoftBank Vision. Fund 2.
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“We are building the next-generation consumer products company,” said Chris Bell, founder and CEO of Perch, echoing the objectives...…
Amazon is bringing its Amazon One palm scanner to select Whole Foods as a payment option
The retail giant this past fall introduced the Amazon One scanner, which allows shoppers to enter a store by having their palm scanned....
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