Executives who ran failed Amazon ‘aggregator’ sued over alleged sham business
Collapsed US start-up Thrasio, once valued at $6bn, was backed by private equity groups Advent and Silver Lake ...
Amazon races to transplant Alexa’s ‘brain’ with generative AI
Amazon is gearing up to relaunch its Alexa voice-powered digital assistant as an artificial intelligence “agent” that can ...
Should You Buy Amazon Stock Before Feb. 6?
Amazon is gearing up to report its latest quarterly financial results next Thursday, Feb. 6. Investors will be focused on the ...
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Amazon is making its own AI chips to rival Nvidia
Amazon has already developed some in-house processors According to the Financial Times, Amazon has already worked on several ...
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Amazon sounds pretty worried about the economy for the rest of the year. And it's a bad sign for the rest of us.
There's so much going on that Amazon's chief financial officer ... according to the Financial Times. "You do see persistent inflation that is really weighing on consumers and weighing on their ...
The Financial Times24d
Amazon’s satellite project pushes ahead with UK broadband plans
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Amazon’s satellite operation, Project Kuiper, is pushing ahead with plans to launch a broadband service ...
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Amazon just entered the small business loan market with Goldman. Here's how the e-commerce giant is building a bank for itself.
Amazon has long been rumored to be taking on the financial services industry. From its reported ambitions to launch a checking account to testing a business loan marketplace, it's clear the ...
Amazon to acquire fintech lending startup Axio in a $200 million all-cash deal
Axio announced in a blog post that it had signed an agreement with Amazon for a proposed acquisition in December, following ...