reuters_logo
Home / Tag Archives: Amazon.com

Tag Archives: Amazon.com

Alibaba launches low-cost voice assistant amid AI drive

China’s Alibaba Group Holding Ltd launched on Wednesday a cut-price voice assistant speaker, similar to Amazon.com Inc’s “Echo”, its first foray into artificially intelligent home devices. The “Tmall Genie”, named after the company’s e-commerce platform Tmall, costs 499 yuan ($73.42), significantly less than western counterparts by Amazon and Alphabet Inc’s …

Read More »

Amazon looks to the sky to store products

Amazon.com Inc (AMZN.O) has filed for a patent to use airships to store products and serve as a base for delivery-drones. The patent application was filed two years ago but was spotted only on Wednesday by Zoe Leavitt, an analyst at technology data and research firm CB Insights. According to …

Read More »

Amazon profit crushes estimates as cloud-service revenue soars

Amazon.com Inc (AMZN.O) on Thursday reported profit and revenue that blew past analysts’ expectations, sending its shares soaring in after-hours trading and demonstrating the growing market power of its core retail business and new cloud services division. The results draw a sharp contrast to the disappointing fourth quarter Amazon reported …

Read More »