Amazon has voluntarily pulled seven eye drop brands off their shelves in response to a warning letter issued by the Food & Drug Administration over potential safety concerns. The eye drops, marketed as a homeopathic treatment for pink eye, dry eyes, cataracts, irritation as a result of dust or other allergens are considered “new drugs” …
Amazon utilized a confidential algorithm known as “Project Nessie” to strategically raise prices without losing its competitive edge, according to a monopolistic lawsuit by the Federal Trade Commission (FTC). The algorithm allowed Amazon to increase prices, prompting competitors to follow suit. In cases where competitors failed to match Amazon’s price increases, the algorithm would automatically …
The rapidly escalating arms race in artificial intelligence has taken another leap forward. Amazon is making a significant investment of up to $4 billion in Anthropic, a startup that developed an AI tool called Claude. As reported by the Wall Street Journal, Amazon’s initial investment is $1.25 billion, with the potential to increase if …
Amazon Prime Video will introduce advertising during its shows and movies starting in early 2024, following in the footsteps of other streaming services that offer different subscription tiers. As of Friday, Amazon Prime members in the US can pay $2.99 per month to enjoy an ad-free experience, according to the Associated Press. With the …
When it comes to delivering goods to the bottom of the Grand Canyon, Amazon has found a unique solution. While their iconic blue vans are commonly seen around town during the holiday season, in the northwest corner of Arizona, mules are the preferred mode of transport. These mules carry sealed boxes down to the …
Senator Bernie Sanders has announced that the Senate committee he chairs is launching an investigation into the working conditions at Amazon warehouses. This move comes as Sanders believes that Amazon is one of the most dangerous places to work in America. The Guardian reports that the Senate Health, Education, Labor and Pensions Committee (HELP) will …
Reports have surfaced that Amazon is contemplating the addition of an ad-supported tier for its streaming service, Prime Video. If this move goes ahead, Prime Video will join its competitors Netflix and Disney+, in offering an ad-supported option to its subscribers. Early-stage discussions have been held, and it is not guaranteed that the new tier …