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Amazon has enough satellites to launch its Starlink competitor

Amazon says it now has enough satellites operating in low-Earth orbit to light up its Starlink internet competitor. With last night’s launch, Amazon Leo has 396 satellites deployed, which is “enough to support continuous service across initial latitudes,” according to Chris Weber, VP heading up business and product for Amazon Leo. That puts the company […]

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Amazon fined $2.25 million for failing to help identity theft victims

The Federal Trade Commission fined Amazon $2.25 million to settle claims that the company failed to help customers who fell victim to identity theft, as reported earlier by Bloomberg. In its complaint, the FTC accuses Amazon of refusing to provide customers with information about purchases made with fraudulent accounts, in violation of the Fair Credit […]

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Blue Origin still does not know why New Glenn exploded but plans to fly again this year

Blue Origin still does not know why its New Glenn rocket exploded last month, CEO Dave Limp said in a blog post on Tuesday. Early analysis points to the aft section of the first stage, according to Limp, who said the company is pulling on “extensive data from multiple camera angles and sensors” to identify […]

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AI shopping just beat search at its own game on Prime Day

Amazon built Prime Day to keep shoppers inside its own marketplace. This year, AI shopping sent its best customers in from outside: a chatbot made the recommendation. US shoppers spent a record $26.4bn across retail sites during the four-day Prime Day event, according to Adobe Analytics. The more interesting number is not the total. It […]

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Australia sues Amazon over Prime Video ads, citing unfair contract terms

The ACCC alleges Amazon buried unfair terms in Prime contracts, then used them to add ads to Prime Video for more than a million subscribers without offering refunds. The complaint Australia’s consumer regulator filed against Amazon this week turns on a small print clause and a large grievance. The Australian Competition and Consumer Commission alleges […]

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Amazon seeks cheaper AI alternatives as Anthropic shifts to token-based pricing

Amazon is looking for cheaper alternatives to Anthropic’s Claude models after a renegotiated contract will shift to token-based pricing that could substantially increase the company’s AI costs, according to The Information. The new pricing structure does not take effect until next year, but Amazon is already exploring options including OpenAI. The report highlights a deepening […]

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AWS raises GPU prices 20% as the memory crunch bites

Renting an AI chip is starting to feel like booking a hotel in a sold-out city. You pay to hold the room, and the rate keeps climbing. On AWS, it just climbed again. Amazon Web Services has raised prices for EC2 Capacity Blocks for ML by roughly 20%, starting in July. Business Insider first reported […]

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Amazon’s rapid-delivery push wipes $15bn off India’s Eternal and Swiggy

Amazon spent years circling India’s quick-commerce market without committing to it. Investors have now decided the circling is over, and they have repriced the incumbents accordingly. Shares in Eternal, the parent of grocery-delivery leader Blinkit, and in rival Swiggy have fallen sharply as Amazon accelerates its rapid-delivery business in the country. Eternal has slipped about […]

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