Amazon Joins Generative AI Race
Amazon Web Services has become another company to explore generative artificial intelligence. The new Bedrock AI service is now available in a limited preview
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Amazon Expands Palm Scan Payments in Bid for Grocery Shopper Loyalty
Amazon is adding pay-by-palm and smart carts to an increasing number of grocery stores.
Tillerman Launches Insights Tool Leveraging POS Data
Designed for retail brands and wholesalers, the new Tillerman Insight tool is equipped with an interactive and visual dashboard that facilitates gaining and analysing insights from the POS data
Amazon Cuts Over 100 Games Division Jobs
Amazon has laid off more than 100 employees of its gaming division and reassigned workers to other structural units.
Panera Bread Pilots Palm Reading Tech by Amazon
Fast food network Panera Bread is introducing the Amazon One palm reading technology to enable seamless payments and access to the loyalty program
Transact Campus Partners With Amazon to Introduce Unmanned Stores on Campuses
Fintech provider Transact Campus integrated its payment solutions with Just Walk Out technology by Amazon to deploy self-service stores on and off college campuses
RBI Fines Amazon Pay
The Central Bank of India has taken action in the form of a fine against the Indian division of Amazon Pay.
M-Pesa Partners With Amazon to Provide Global Remittances
Africa’s most popular mobile money remittance service M-Pesa has partnered with global retail tech leader Amazon to offer worldwide remittance services
Amazon Business App Adds Purchase Reconciliation Tool for B2B Buyers
Amazon Business has added 3-Way Match to its mobile app for B2B shoppers.
Amazon and Google Get Payments Clearance in India
Google and Amazon have received permission to expand the scope of their online payment systems in India.
BBVA Ports Its Investment Banking Operations to Amazon Web Services
Spanish financial group BBVA transfers its complex investment banking operations to Amazon Web Services (AWS).
Walmart Readies $2.5 Billion Investment in India’s E-Commerce and Payments
Walmart plans to invest more than $2.5 billion to develop its e-commerce and payments business in India.
Microsoft, Amazon Set to Erase 28,000 Jobs
Microsoft and Amazon on January 18 began a large-scale reduction of employees.
Avalanche Gains 20% in Hours After Amazon Partnership Announcement
Cryptocurrency Avalanche (AVAX) grew by 20% in just a few hours following Ava Labs joining the AWS Partner Network. In partnership with Amazon, Ava Labs rolled out a new infrastructure feature, making it easier to launch and manage Avalanche nodes.
Amazon to Open Buy with Prime to More Retailers
Amazon is increasing the availability of its Buy with Prime button.
Amazon Job Cuts Will Affect over 18,000 Employees
Amazon layoffs exceed earlier projections. The job cuts would represent over 5% of the company’s corporate workforce and continue over the coming weeks
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