-
Amazon Announces AI Features For Alexa: Will It Finally Turn Around Its Unprofitable Device Business?
Wednesday, February 26, 2025 - 5:29pm | 360On Wednesday, Amazon.com Inc (NASDAQ:AMZN) announced a revamped Alexa with artificial intelligence features. Will it finally help Amazon turn around its historically unprofitable devices segment? What Happened: The Seattle-based company is rolling out an Alexa+ subscription, free for Amazon Prime...
-
Amazon Leverages Anthropic's Claude AI To Transform Alexa Before Holiday Season: Report (UPDATED)
Monday, September 2, 2024 - 10:13am | 782Editor’s Note: The article has been updated with comments from Amazon and Anthropic. In a significant move, Amazon.com Inc. (NASDAQ:AMZN) is reportedly gearing up to revamp its voice assistant, Alexa, using Anthropic’s Claude AI models, replacing its own AI. The new version, set for an...
-
Amazon's Alexa Division To Slash Jobs As Company Pivots To Generative AI
Friday, November 17, 2023 - 10:59pm | 690Amazon Inc. (NASDAQ:AMZN) is reportedly preparing to layoff several hundred employees in its Alexa division, according to an internal memo. This move follows a shift in the company’s focus towards the development of generative AI. What Happened: The internal memo was penned by...
-
Amazon Agrees To Pay Over $30M To Settle Alexa, Ring Spying Claims Despite Disagreement With FTC
Thursday, June 1, 2023 - 2:16am | 455Amazon.com Inc. (NASDAQ:AMZN) has agreed to pay $30.8 million in settlements with the Federal Trade Commission over allegations of spying on customers through Ring doorbell cameras and violating children’s privacy rights with Alexa recordings. What Happened: In a shocking revelation, the FTC...
-
Alexa Bids Adieu To Samuel L. Jackson's Voice: Here's How To Get Your Refund From Amazon
Wednesday, May 31, 2023 - 8:55am | 601Get ready to bid farewell to Samuel L. Jackson’s iconic voice on Alexa devices as Amazon.com, Inc. (NASDAQ:AMZN) is getting rid of celebrity voices. What Happened: In a surprising turn of events, Amazon has decided to discontinue its celebrity voices feature for Alexa devices,...
-
Siri Catching Up? Apple Could Revamp HomePod With Screen And Challenge Amazon Echo's Dominance, Says Analyst
Friday, March 10, 2023 - 4:13am | 537A prominent analyst predicts that Apple Inc. (NASDAQ:AAPL) will release a redesigned HomePod featuring a panel next year — and it might threaten Amazon.com Inc.‘s (NASDAQ:AMZN) reign. What Happened: On Friday, Ming-Chi Kuo, an analyst at TF International Securities, shared some predictions...
-
Amazon Brings 'Matter' To 17 Alexa-Powered Devices — But Smart Home Standard Has A Limitation
Tuesday, December 20, 2022 - 5:47am | 472Amazon Inc. (NASDAQ: AMZN) has completed the first phase of the Matter rollout. More than a dozen Echo devices now support Matter’s interoperable smart home standard. What Happened: Amazon announced that 17 Echo devices, including smart speakers, third-gen Echo Dot and Echo or...
-
'Alexa, Thank My Driver:' Say That And Amazon Will Tip Your Delivery Driver $5 To Show Appreciation This Holiday
Thursday, December 8, 2022 - 9:25am | 361Amazon Inc. (NASDAQ: AMZN) has rolled out a new feature that will allow customers to thank their delivery drivers through their Alexa devices this holiday season. What Happened: On Wednesday, Amazon announced its this new promotional feature. Customers can now say, "Alexa, thank my...
-
Amazon's Rumored Layoffs To Hit Its Once 'Must-Invest' Growth Segments; Analyst Says More Cuts Possible 'If We Go Into A…'
Tuesday, November 15, 2022 - 7:44am | 417Amazon Inc. (NASDAQ: AMZN) could join a bevy of companies that have cut jobs, with a report suggesting the ecommerce giant will let go of about 10,000 people in corporate and technology jobs, beginning this week. What Happened: Commenting on the New York Times report, Loup Funds co-founder and...
-
Why Sonos Shares Surged Friday After Hours
Saturday, August 14, 2021 - 5:13pm | 499Smart speaker and sound accessory company Sonos Inc (NASDAQ: SONO) was one of the top gainers after hours Friday. Here’s why shares of Sonos were surging late Friday. What Happened: A ruling by U.S. International Trade Commission Judge Charles Bullock showed that tech giant Alphabet Inc (...
-
BNP Paribas Looks To Transform Finance With Tech: 'A Place For Open Innovation'
Tuesday, November 24, 2020 - 3:38pm | 805Innovation and growth in fintech erupted during the coronavirus pandemic. That’s according to Matthieu Soulé, the head of BNP Paribas S.A.’s (OTCQX: BNPQY) Silicon Valley-based Innovation Lab, a space to foster innovation and reshape financial services. Over his career working in...
-
Amazon Alexa To Enable Fuel Payments At Gas Stations
Monday, January 13, 2020 - 12:44pm | 644Amazon.com, Inc. (NASDAQ: AMZN) has partnered with oil giant ExxonMobil Corporation (NYSE: XOM) and financial services provider Fiserv to enable Alexa customers to make gas payments through the voice assistant at gas stations. When a customer pulls up his vehicle at a gas station, he can summon...
-
Amazon Confirms Alexa Recorded, Shared User's Conversation
Friday, May 25, 2018 - 1:29pm | 537Online privacy and data protection remain key themes for investors in 2018, and Amazon.com, Inc. (NASDAQ: AMZN) is dealing with another potential privacy issue Friday. The company confirmed that one of its Echo devices accidentally recorded the private conversation of a family and sent that...
-
Humble Brag: Amazon Breaks Down Its Record Holiday Season
Tuesday, December 26, 2017 - 12:16pm | 498As many investors had expected, Amazon.com, Inc. (NASDAQ: AMZN) rang in its biggest holiday season ever. What You Need To Know Customers bought more than 1 billion items across the world fromThanksgiving through Cyber Monday, Amazon said in a press release. Small businesses and...
-
Rocket Mortgage Now Lets You Pay Your Bills With Alexa
Wednesday, December 20, 2017 - 12:33pm | 373Amazon.com, Inc. (NASDAQ: AMZN) Alexa has cozied up with a number of services and devices this year. She orders your Domino’s Pizza, Inc. (NYSE: DPZ), she controls your Ford Motor Company (NYSE: F) tunes, and now she pays your mortgage. Through a new partnership with Quicken Loans, Rocket...