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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 …

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Amazon to buy Whole Foods for $13.7 billion, wielding online might in brick-and-mortar world

Amazon.com Inc said on Friday it would buy Whole Foods Market Inc for $13.7 billion, in an embrace of brick-and-mortar stores that could turn the high-end grocer into a mass-market merchant and upend the already struggling U.S. retail industry. Amazon used aggressive pricing to become an e-commerce retail juggernaut and …

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Amazon’s moves beyond retail get Wall Street thumbs up, for now

Amazon.com Inc’s ventures far beyond online retail, from cloud computing to movie making, are raising questions among corporate strategy experts about its focus. The Seattle-based company wowed Wall Street again this week with a 23 percent jump in sales, pushing its shares to an all-time high. But there are concerns …

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Amazon warns that trade protectionism could hurt business

Amazon.com Inc (AMZN.O) warned on Friday that government actions to bolster domestic companies against foreign competition could hurt its business, in a possible reference to U.S. President Donald Trump’s “America First” agenda. In a routine description of regulatory risks in its 2016 annual filing, the world’s largest online retailer said …

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Amazon’s Alexa moves in on Google’s Android system

Amazon.com Inc’s digital assistant appeared almost everywhere at the CES technology show this week in Las Vegas, even making an unexpected appearance on rival Google’s Android system. Companies ranging from appliance maker Whirlpool Corp to Ford Motor Co unveiled products featuring Alexa, the digital assistant from Amazon that responds to …

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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 …

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Amazon starts flexing muscle in new space: air cargo

A cargo plane emblazoned with “Prime Air” descended from an empty sky at Lehigh Valley International Airport on Tuesday, ninety minutes from the bustle of New York City, loaded with crates of goods during the peak holiday shopping season. It’s one of 40 jets leased by Amazon.com Inc for a …

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Amazon opens line-free grocery store in challenge to supermarkets

Amazon.com Inc said on Monday it has opened a brick-and-mortar grocery store in Seattle without lines or checkout counters, kicking off new competition with supermarket chains. Amazon Go, the online shopping company’s new 1,800-square-foot (167-square-meter) store, uses sensors to detect what items shoppers have picked off the shelves and sends …

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Google takes on Apple, Amazon with new hardware push

Alphabet Inc’s Google on Tuesday announced a new “Pixel” smartphone and a suite of new consumer electronics products for the home, planting itself firmly in the hardware business and challenging Apple Inc’s iPhone at the high end of the $400 billion global smartphone market. The string of announcements – including …

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Amazon working on music subscription service for $5 a month: Recode

Amazon.com Inc is working on a music subscription service that would cost about $5 a month and would only work on its Echo hardware, tech news website Recode reported, citing sources. Amazon would like to launch the services in September, but has not finalized deals with major music labels and …

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