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Tag: Amazon

Amazon lays off staff at Audible
News Tech

Amazon lays off staff at Audible

Amazon is cutting off 5% of the personnel at Audible, Business Insider reported on Thursday, citing a message by the president of the audiobook and podcast division. Amazon acquired the audiobook provider Audible in 2008 for around $300 million. The revelation comes as internet giants continue to drastically reduce employment, with several extending their layoffs […]

Amazon Prime Video lays off workers
News Tech

Amazon Prime Video lays off workers

Days after Twitch laid off workers, Amazon is cutting back on Prime Video and MGM Studios, laying off “several hundreds” of workers, according to The Information. By the end of this week, Amazon will have notified most other locations and has started notifying the impacted workers in the United States. Packages comprising separation money, transitional […]

Amazon's Twitch to lay off 500 employees
Business

Amazon’s Twitch to lay off 500 employees

Amazon.com Inc.’s live streaming network, Twitch, is apparently planning a large personnel reduction, with around 35% of its workers, or approximately 500 employees, estimated to be affected. The announcement of these losses came today, Wednesday, kicking off a sequence of job cuts within the company. According to sources, this decision followed concerns over Twitch’s financial losses and […]

Twitch enhances filtering tools to block sexual, violent content from livestream
News Tech

Twitch exits South Korea over operational cost

Twitch, an Amazon streaming division, said on Tuesday that it will cease operations in South Korea in February of the next year due to excessive operational expenses and network fees. “Twitch has been operating in Korea at a significant loss, and unfortunately there is no pathway forward for our business to run more sustainably in […]

Amazon updates Alexa, adds new features
News Tech

Amazon updates Alexa, adds new features

E-commerce giant, Amazon has updated the features for the voice assistant program for mobile devices, Alexa with a redesigned homepage and a tonne of new features, the most recent upgrade simplifies user control over smart home appliances. Users may personalize the Favourites area on the front page of the redesigned app, which makes it simple […]

Amazon to unveil AI-powered Alexa upgrade in February
News Tech

Amazon announces job cuts in Alexa unit

Amazon on Friday announced the company is cutting jobs at its Alexa voice assistant unit, citing “shifting” business priorities and shifting focus to generative artificial intelligence. The job cuts will impact “several hundred” employees working on Alexa, Reuters reported. “We’re shifting some of our efforts to better align with our business priorities, and what we […]

Amazon's Kuiper prototype satellites operating properly
News Tech

Amazon’s Kuiper prototype satellites operating properly

Amazon on Thursday disclosed that both of its test satellites for the Kuiper internet network were operating properly in orbit. The project is expected to begin launching functioning satellites by the middle of 2024, the company stated. The world’s largest satellite operator, Starlink, owned by billionaire Elon Musk, will face competition from the Kuiper internet […]

News Tech

Hyundai cars set for sale on Amazon in 2024

Amazon will start selling Hyundai cars online in the United States early next year, both companies announced on Thursday. “Partnering with one of the world’s most customer-centric organizations unlocks incredible opportunities as we continue to expand our portfolio, grow our sales network, transition to electrification and realize the future of smart mobility,” said Hyundai Motor […]

Snapchat introduces AI-powered video lenses
News Tech

Snapchat users to make purchases direct on Amazon

Snapchat users in the United States will be able to purchase certain products directly from the social media app on Amazon, a representative said on Monday, According to a statement from the Seattle-based company, customers will be able to shop straight from Amazon’s Snapchat ads and check out without ever leaving the social media platform. […]

Amazon to acquire Indian streaming service MX Player
News Tech

Amazon spends millions to train AI model ‘Olympus’

Amazon is spending millions on training an ambitious large language model in the hopes of competing with elite models like OpenAI and Alphabet, Reuters reported. With two trillion parameters, the model, code-named “Olympus,” may rank among the largest models being trained. One of the greatest models currently available, OpenAI’s GPT-4 model, is said to have […]

News Tech

Amazon to launch cloud services in Europe

Amazon Web Services on Wednesday, said that it would introduce a sovereign cloud in Europe for use by the government and clients in sectors with strict regulations. According to a statement from Amazon’s cloud computing division, the sovereign cloud will use servers housed in the European Union to store data, and only EU citizens working […]

News Tech

Amazon unveils passkeys for products

Amazon has quietly begun to enable passkeys as it joins the passwordless future although users can continue to use their Amazon password for a little while longer, The e-commerce giant’s website now offers the opportunity to set up a passkey, enabling customers to sign in using biometric identification on their device, like their fingerprint or […]