Amazon.com Inc plans to deliver packages to members of its loyalty club Prime in just one day, instead of two days, part of a spending ramp-up that may curb near-term profits and will up the ante for retail rivals.
Amazon.com Inc said it will shut its China online store by July 18, as the U.S. e-commerce giant focuses on the lucrative businesses of selling overseas goods and cloud services in the world’s most populous nation.
Amazon has scrapped plans to build a major outpost in New York that could have created 25,000 jobs, blaming opposition from local leaders upset by the nearly $3 billion in incentives promised by politicians.
Cities that were shunned in Amazon.com Inc's search for a secondary corporate headquarters are revisiting their bids in case New York City rejects the corporate giant due to opposition from local politicians.
New research is helping Alexa mimic human banter and talk about almost anything she finds on the internet. However, ensuring she does not offend users has been a challenge for the world's largest online retailer.
Amazon.com Inc confirmed on Tuesday it would invest $5 billion and create 50,000 new jobs in the two new headquarters in NYC and Northern Virginia, ending a frenzied year-long bidding war among U.S. cities.