Amazon

Big Tech

Who has Liability in the Shifting World of e-commerce?

Photo illustration by Connor Lin / The Daily Upside, Photos by Zlatko Plamenov and DilokaStudio via Freepik

Amazon has largely dodged liability for the products sold on their virtual shelves. But could the legal tides be shifting?

6 min read
Patent Drop

Amazon Explainability Patent Could Bring Responsible AI to AWS

Photo via U.S. Patent and Trademark Office

Amazon wants to keep its AI models on a leash.

2 min read
M&A

Saks-Neiman Marcus Merger Lures Amazon, Salesforce Into Luxury

Photo by NoDerog via iStock

The owner of Saks Fifth Avenue reached a deal to acquire rival Neiman Marcus for $2.65 billion, the companies announced Thursday.

2 min read
Patent Drop

Amazon Patent May Help Models Unlearn Biases, Inaccuracies

Photo via U.S. Patent and Trademark Office

And Amazon wants to help machine learning models unlearn bad data.

2 min read
Consumer

Amazon Sets up a Rival to Shein and Temu

Photo by Andrew Stickelman via Unsplash

Amazon’s setting up a discounted shop that will fly products to consumers from China. It’s meant to copy Shein and Temu’s business models.

2 min read
Media & Entertainment

Does TV News Have a Home in the Streaming Era?

Photo illustration by Connor Lin / The Daily Upside, Photos by Upklyak and Pikisuperstar via Freepik

Big Tech loves movies, TV shows, and live sports. So why has it shown remarkably little appetite for the TV news business?

6 min read
Big Tech

Amazon has to Reckon with the Teamsters Now

Photo by Joe Piette via CC BY-SA 2.0

The independent union representing Amazon workers in Staten Island announced on Tuesday it is now officially affiliated with the Teamsters.

2 min read
Banking

Chase, PayPal Digital Ad Gambits Bring New Privacy Worries

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Unlike making a purchase on Amazon or eBay, financial transaction data gives a more complete profile picture.

2 min read
Big Tech

Amazon Strikes Big South America Telcom Deal for its Satellite Business

Photo by Fran Werner via Pexels

On Thursday, Amazon’s Project Kuiper announced a deal with South American telecom company Vrio to provide internet to seven countries.

2 min read
Patent Drop

Amazon AI Alexa Patents Highlight Data Collection Domino Effect

Photo of Amazon's multi-session context patent via U.S. Patent and Trademark Office

Two patents from Amazon signal Big Tech’s desire to give consumers the benefits of AI by getting under their skin.

2 min read
Media & Entertainment

Hollywood Streamers Suddenly Want to Pay Stars Like the Good Old Days

(Photo by freestocks via Unsplash)

The big services are working on a structure that will weigh factors such as viewership time, production budget, and new subscriptions added.

2 min read
Consumer

Walgreens Price Cuts Confirm More Consumers Are Getting Picky

Photo by Paul Sableman via CC BY 2.0

The drug-store chain lowered prices on more than 1,500 items including vitamins, chips, lotion, and Squishmallow plushies.

2 min read
Markets

For Better or Worse, The Stock Market is All About These 10 Stocks

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The top 10 stocks have reached a weight not seen since the 1970s, with their market cap accounting for about one-third of the entire index.

2 min read
Personal Finance

Best Buy and Amazon Are Among Most Impersonated Companies by Scammers

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Impersonation frauds were the most common scams reported to the FTC in 2023, accounting for $2.7 billion in losses.

1 min read
Markets

Most Pandemic-Darling Stocks Aren’t Too Healthy

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The 50 companies with the biggest pandemic-era gains have collectively lost $1.5 trillion in market value since the close of 2020.

2 min read
Regulation

Taylor Swift’s Eras Tour Might Have Broken Up Live Nation

Photo by Paolo V via CC BY 2.0

The Justice Department alleges violations of antitrust laws by maintaining a monopoly in the event-ticketing industry.

1 min read
Big Tech

Amazon Reignites its Warehouse and Logistics Expansion

Photo via Amazon Press Center

The e-commerce king has either leased, bought, or announced the addition of 16 million square feet of warehouse space this year.

2 min read
Energy

Utility Stocks Surge on AI and Cloud Computing Boom

Photo by Oh Taeyeon via Unsplash

In an era when seemingly every tech company is vying to win the AI race, power has become the name of the game.

1 min read
Consumer

Walmart’s Market Cap Jumps to All-Time High After Stellar Earnings

Photo by Mike Mozart via CC BY-SA 3.0

The retail giant posted $161 billion in quarterly revenue, marking a 6% increase and beating its earlier sales target.

2 min read
Inflation & Prices

April’s Inflation Report Finally Hints at Progress

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The CPI rose just 0.3% from the previous month. Perhaps most importantly, the annual core rate fell from a year earlier.

2 min read