Amazon is reportedly in talks to invest $50 billion in OpenAI
If a deal materializes, it would mean Amazon is backing competing startups in the race for AI supremacy.
Amazon
Amazon says it is laying off 16,000 employees
This is Amazon’s second layoff after the company cut 14,000 corporate jobs in October.
Amazon agrees to pay consumers $309M in returns policy settlement
The lawsuit, filed in 2023, alleged that Amazon caused “substantial unjustified monetary losses” for consumers who returned an item but were still charged for it.
Amazon shutters all of its physical Go and Fresh stores
Amazon Go and Fresh physical store locations will soon be no more, with Amazon announcing on Tuesday that it’s closing up the majority of the stores and converting others into Whole Foods Market locations. Customers will still be able to order from Amazon Fresh online, but won’t be able to shop at physical stores with […]
Amazon is closing its physical Amazon Go and Amazon Fresh stores
These retail closures will not impact customers who use Amazon for grocery delivery.
Amazon will pay customers $309 million to settle ‘no hassle returns’ lawsuit
Amazon is resolving claims that it incorrectly processed returns with a proposed settlement valued at over $1 billion, as reported earlier by Reuters and Bloomberg Law. The settlement includes $600 million in refunds, along with an additional $309.5 million in payments to affected customers. Initially filed in 2023, the class action lawsuit claims that while […]
Ring can verify videos now, but that might not help you with most AI fakes
Ring has launched a new Ring Verify tool that the company says can “verify that Ring videos you receive haven’t been edited or changed.” But since Ring won’t verify videos that have been altered in any way, it probably won’t be able to verify those videos you see on TikTok that look like they’re from […]
Amazon’s Fire TV Stick 4K Plus is on sale for just $18 right now
In February, Amazon plans to roll out a much-needed revamp of Fire TV OS, one that seemingly takes a cue from Google’s TV platform. The forthcoming UI redesign will introduce better organization, support for Alexa Plus, and quicker performance to the aging OS, the latter of which has been a crux of the platform’s issues […]
Blue Origin’s Starlink rival TeraWave promises 6 terabit satellite internet
SpaceX has the most internet-beaming satellites in its constellation, but the competition is coming, and now Jeff Bezos’ space company Blue Origin, has announced the TeraWave network. It says TeraWave will offer bandwidth of up to 6Tb available anywhere on Earth, for both upload and download. The only wrinkle? Even after satellite deployments are scheduled […]