Trump's 125% Tariff Hike Forces Chinese Amazon Sellers into Crisis
Former President Trump's increased tariffs on Chinese imports, now at 125%, are creating an unsustainable situation for Chinese Amazon sellers. The dramatic rise is forcing merchants to either substantially raise prices or exit the US market entirely, threatening a $35.3 billion ecosystem.
Amazon CEO Warns Tariff Increases Will Lead to Higher Consumer Prices
Amazon CEO Andy Jassy signals that rising tariffs may result in price increases for consumers as third-party sellers adjust to new trade policies. The company is implementing various strategies to manage costs while maintaining growth plans, including a $100 billion investment in AI technologies.
Amazon Revolutionizes Cross-Platform Shopping with AI-Powered 'Buy for Me' Feature
Amazon's new AI-powered 'Buy for Me' feature enables customers to purchase products from third-party websites directly through the Amazon app, using secure encryption and AI assistance. The groundbreaking system, currently in testing with US users, could transform how people shop across multiple online platforms.
Amazon Tests Direct Brand Referrals to Combat Out-of-Stock Issues
Amazon is piloting a groundbreaking feature that redirects shoppers to brand websites when products are unavailable in their inventory. This strategic shift marks a significant change in Amazon's approach, potentially benefiting both customers seeking specific products and brands wanting direct customer relationships.
Rivian Expands Commercial EV Market: Electric Vans Now Available to All US Businesses
Rivian breaks free from Amazon exclusivity, offering its commercial electric vans to all US businesses with models starting at $79,900. The move marks a strategic shift as the company aims to capitalize on the growing commercial EV market while introducing software subscription services.
Tech Giants Commit $320 Billion to AI Race in 2025
Meta, Amazon, Alphabet, and Microsoft plan unprecedented AI investments totaling $320 billion in 2025, with Amazon leading at $100 billion. The massive spending surge aims to strengthen cloud services and AI capabilities amid growing competition, despite market skepticism and supply constraints.
Inside Zoox's Latest Autonomous Robotaxi: A Mixed Bag of Innovation and Growing Pains
A hands-on test ride in Zoox's next-generation autonomous vehicle reveals impressive capabilities in handling complex traffic scenarios, while also exposing areas needing refinement. The Amazon-backed company plans to launch public services in Las Vegas and San Francisco by late 2025.
Tech Giants Turn to Nuclear Power to Fuel AI and Cloud Computing Growth
Major technology companies are making strategic investments in nuclear power to meet the surging energy demands of AI and data centers. This shift represents a significant change in the industry's approach to powering digital infrastructure while maintaining environmental commitments.
Amazon Launches 'Amazon Autos' Platform for Direct Vehicle Sales
Amazon enters the automotive retail market with a new online car shopping platform that allows direct vehicle purchases in 48 U.S. cities. Starting with Hyundai vehicles, the service promises a streamlined, haggle-free buying experience with plans to expand to more manufacturers in 2024.
Anker Recalls 80,000 Bluetooth Speakers Over Fire Hazard
Anker has issued an urgent recall for three Bluetooth speaker models sold exclusively on Amazon after multiple reports of overheating and fires. Owners of affected Soundcore and PowerConf speakers are advised to immediately stop using the devices and contact Anker for free replacements.