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Naira closes week stronger at N1,534.72/$ 

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Tag: Amazon

Amazon’s head of products Limp steps down
News Tech

Amazon’s head of products Limp steps down

Amazon’s head of consumer products, David Limp will step down from his position as head of the unit later this year. Following a Wall Street Journal report, Amazon has confirmed the information with TechCrunch. The decision was made in response to widespread claims that its significant bets on the smart home haven’t yielded the desired […]

Amazon deploys AI to enhance product review
News Tech

Amazon deploys AI to enhance product review

Amazon on Monday announced that it will start using generative AI to help customers understand what customers are saying about a product. The company claims that it will take advantage of the new technology to display a brief paragraph of text directly on the product detail page that will highlight the attributes of the item […]

Amazon launches general-purpose AI agent Nova Act
News Tech

Amazon breaks into healthcare with online clinic

Amazon has announced access to Amazon’s virtual healthcare platform, Amazon Clinic as the company ventures into health. “By creating a healthcare experience that is transparent and simple, we hope to make health care more accessible for all,” the chief medical officer and general manager at Amazon Clinic, Dr. Nworah Ayogu, said in a blog post. […]

Meta, Microsoft, others join forces to tackle Google
Tech

Meta, Microsoft, others join forces to tackle Google

Alex Omenye A group founded by Meta, Microsoft, Amazon, and TomTom, and data from developers may be able to create their own maps to compete with Google Maps and Apple Maps. The Overture Maps Foundation is an organization that was established last year. The group just made available its first open map dataset. With the […]

Amazon restructures Wondery Podcast Studio, cuts 110 jobs
News Tech

Dish network partners Amazon to provide wireless services

Dish Network has partnered with Amazon to sell wireless postpaid service plans on Amazon’s website and provide Prime subscribers with unlimited mobile service for a set monthly fee of $25. The unlimited calling, texting, and data services offered by Boost Infinite, a Dish Network subsidiary, will be discounted for Prime members when purchased through Amazon […]

Amazon launches general-purpose AI agent Nova Act
News Tech

Amazon begins construction of $120m satellite hub

Amazon is constructing a $120 million processing centre at NASA’s Kennedy Space Centre in Florida for its thousands of envisioned Kuiper internet satellites. According to state officials, the 100,000-square-foot structure is a portion of the $10 billion that Amazon has promised to invest in its Kuiper project, a network of 3,200 low-Earth orbiting satellites intended […]

News

Spain hits Apple, Amazon with €194m antitrust fine

The US digital behemoths Amazon and Apple were fined a combined sum of 194 million euros ($218 million) by Spain’s antitrust watchdog on Tuesday for colluding in the selling of goods. The regulator stated in a statement that the two companies had agreed to prohibit the selling of Apple items on Amazon’s Spanish websites by […]

White House partners Google, others to boost smart devices' cybersecurity
Tech

White House partners Google, others to boost smart devices’ cybersecurity

The White House has partnered with leading companies including Amazon, Google, and Best Buy to launch an initiative empowering Americans to identify secure smart devices that are less vulnerable to cyberattacks. This joint effort will establish a certification and labelling program to set higher cybersecurity standards for a range of devices such as refrigerators, microwaves, […]

Amazon to exit Quebec operations, cut 1,700 jobs
News Tech

Amazon files suit against EU content regulators

Amazon has filed a lawsuit challenging its participation in a group of businesses subject to strict European Union internet content regulations. Technology experts have predicted that other tech titans may follow Amazon’s lead. Two weeks after German online retailer Zalando sued the European Commission over the same matter, Amazon filed a challenge before the General […]

Amazon, Google, Apple, Meta, Microsoft meet EU over gatekeeper status
Business

Amazon, Google, Apple, Meta, Microsoft meet EU over gatekeeper status

Alex Omenye Alphabet’s Google, Amazon, Apple, Meta, and Microsoft have alerted the European Commission that they qualify as gatekeepers, according to EU industry director Thierry Breton. Under the new EU IT regulations, companies with a market capitalization of 75 billion euros and more than 45 million monthly active users are regarded as gatekeepers offering a […]

Billionaire Jeff Bezos sells $2bn Amazon shares
News

Amazon to pay $30m settlement for spying on customers

Amazon has agreed to pay $30.8 million to resolve allegations that it breached customers’ privacy by spying on women in their homes. Aljazeera reported that the internet giant agreed to pay out $5.8m after the US Federal Trade Commission claimed that a former Amazon employee had used Ring security cameras installed in bathrooms and bedrooms to […]

Amazon launches general-purpose AI agent Nova Act
Business

Amazon optimises delivery to cut cost

E-commerce company, Amazon has announced that it has optimized its delivery network after the COVID-19 pandemic to improve delivery speed, reduce costs, and lower carbon emissions. The renowned online retailer has managed to reduce delivery times by reshaping its inventory management system and search capabilities to show customers the products closest to them. According to […]

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