Amazon.com

Amazon.com was sued in a proposed U.S. class action accusing the online retailer of violating a consumer protection law by steering hundreds of millions of shoppers to higher-priced items in order to earn extra fees.According to a complaint filed on Thursday in federal court in Seattle, Amazon's algorithm for choosing what to display in its "Buy Box" when shoppers search for products often obscures lower-priced options with faster delivery times.Elevate Your Tech Prowess with High-Value Skill CoursesOffering…

Image Source : FILE Sam Altman explores partnership with TSMC for AI chip facility Sam Altman, the CEO of OpenAI is reportedly in touch with Taiwan Semiconductor Manufacturing Co (TSMC) to launch an AI chip fabrication plant. As per the recent report in The Financial Times, Altman aims to raise billions of dollars from global investors for a chip plant, and it is also…

OpenAI Chief Executive Officer Sam Altman, who has been working to raise billions of dollars from global investors for a chip venture, aims to use the funds to set up a network of factories to manufacture semiconductors, according to several people with knowledge of the plans.Altman has had conversations with several large potential investors in the hopes of raising the vast sums needed for chip fabrication plants, or fabs, as they're known colloquially, said the people, who requested anonymity because the conversations…

Even the deepest pockets have their limits. Amazon and Google-parent Alphabet sit on a combined $184 billion in cash and short-term investments. Those two, along with big tech peers Microsoft, Apple and Facebook-parent Meta Platforms, hold the highest such balances among nonbanking companies on the S&P 500, according to data from S&P Global Market Intelligence. Amazon and Alphabet are also currently generating just under $95 billion combined in annual free cash flow. Copyright ©2024Dow Jones & Company, Inc.…

After a year of right sizing, employers are looking in the mirror and concluding there is still fat to lose. Companies including Amazon, Xerox, Google and BlackRock this month have announced plans to trim their workforces. Some of the companies now cutting jobs conducted larger-scale layoffs over the past year or so. Since then, inflation has come down along with expectations for a recession, which most economists anticipated as recently as the middle of last year. Copyright ©2024Dow Jones & Company, Inc. All Rights…

Listen to article(1 minute)Some companies are kicking off the new year by trimming staff as a steady labor market shows signs of cooling off. The labor market flashed some warning signs at the end of last year. Hiring has slowed in recent months. Open positions also dropped at the end of 2023 compared with the beginning of the year, while employees are quitting at a lower rate than before the pandemic began. Copyright ©2024Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 Listen to…

Jan. 10, 2024 10:48 am ETAmazon is eliminating hundreds of jobs across its film and television studio and Twitch streaming platform. Mike Hopkins, senior vice president of Amazon’s Prime Video and Amazon MGM Studios, announced the studio and video-division layoffs in an email to staffers Wednesday. Copyright ©2024 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 Jan. 10, 2024 10:48 am ETAmazonis eliminating hundreds of jobs across its film and television studio and Twitch streaming…

Listen to article(1 minute)Drones are more likely to be buzzing overhead this year if you live in Dallas.Walmart plans to offer drone delivery to most of the region this year, a major expansion of its effort in recent years to provide the delivery option to some customers in several states.Copyright ©2024 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 Listen to article(1 minute)Drones are more likely to be buzzing overhead this year if you live in Dallas.Walmartplans to offer drone…

Amazon.com Inc. introduced a new feature that mimics Apple Inc.'s AirPlay while working across different platforms, setting the stage for iPhone and Android users to wirelessly stream video to its TV hardware. The feature, called Matter Casting, is part of a push by Amazon to create interoperable services — an alternative to the propriety technology developed by Apple and Google. It will make it easier for iOS and Android phones to send video to Amazon devices, such as its Fire TV boxes and sticks, as well as the Echo…

Even if you’ve run out of space on Apple iCloud or Google One, you don’t always have to buy more. Even if you’ve run out of space on Apple iCloud or Google One, you don’t always have to buy more. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of…