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...But there were still areas “where we believe we can lower costs while also delivering faster for customers”, said chief executive Andy Jassy....
Can the e-commerce site grab market share from Amazon?
...Last year, chief executive Andy Jassy said Amazon would “go big” on physical stores. Yet its approach remains decidedly experimental....
...And, you know, it’s sort of like Shopify is not trying to be Amazon, is it? It’s not playing Amazon’s game....
...This story has been updated to reflect that Savanta has corrected its poll to show Andy Street three points behind his rival....
...They are hardly alone in providing financial services to Amazon oil producers....
...Amazon’s lobbyists have been banned from the European parliament as part of an escalating dispute over transparency and working conditions....
...The real story about Amazon’s attempt to revolutionise shops is more complicated....
...A recent poll by Savanta has been corrected to show that West Midlands mayor Andy Street was three points behind his Labour rival Richard Parker, rather than two points ahead as incorrectly stated in...
...Amazon’s definition of clean energy may be as consequential as any government’s....
...Amazon shares closed at a record high on Thursday, extending a six-month rally that has lifted several of Wall Street’s biggest tech stocks and has helped the ecommerce group surpass its previous peak from...
...It is only the second time that a company’s lobbyists have been banned from entering the European parliament, after agrochemical company Monsanto’s representatives were barred in 2017....
...Amazon reiterated on Wednesday that it would be Anthropic’s “primary cloud provider” for key workloads, which will run on Amazon Web Services....
...Amazon shares closed at a record high, extending a six-month rally that has lifted several of Wall Street’s biggest tech stocks and has helped the ecommerce group surpass its previous peak from July 2021...
...The deal is Amazon’s largest ever venture investment and brings its total commitment to Anthropic to $4bn....
...Andy Streasick St Paul, MN, US...
...Amazon does not publish sales figures from its pharmacy division....
...Marc Filippino Andy Bounds is an EU correspondent for the FT. Thanks for your time, Andy. Andy Bounds Thanks very much....
...“Big Pharma endorsing Amazon as a distribution partner bolsters Amazon’s role in healthcare and could be the start of many more of these arrangements.”...
...Andy Lake Author, ‘Beyond Hybrid Working’ Lincoln, Lincolnshire, UK...
...The addition of Amazon Pharmacy to Eli Lilly’s direct-to-consumer dispensing network is the first time Amazon has partnered with a big drug company since it launched its online pharmacy business in 2020....
...Amazon declined to comment....
...Bezos sold $4bn worth of Amazon shares earlier this month. The company said he planned to sell up to 50mn Amazon shares by the end of January 2025....
...Amazon’s billionaire founder Jeff Bezos sold $4bn worth of shares in the ecommerce company in the past week, with a second $2bn sale disclosed on Tuesday....
...Revenue from generative AI already amounted to “a pretty big number” though it was “much smaller than it will be in the future”, when it would reach “tens of billions”, said chief executive Andy Jassy....
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