Category: Amazon

Another day, another reversal in stock fortunes as recession fears – TechCrunch

U.S. stock markets plummeted today as recession fears continue to grow. Yesterday’s good news about a reprieve on tariffs for U.S. consumer imports was undone by increasing concerns over economic indicators pointing to a potential global recession coming within the next year. The Dow Jones Industrial Average dropped more than 800 points on Wednesday —
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Amazon develops a new way to help Alexa answer complex questions – TechCrunch

Amazon’s Alexa AI team had developed a new training method for the virtual assistant that could greatly improve its ability to handle tricky questions. In a blog post, team lead Abdalghani Abujabal details the new method, which combines both text-based search and a custom-built knowledge graph, two methods which normally compete. Abujabal suggests the following
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Amazon warehouse workers in Minnesota plan to strike on Prime Day over labor practices – TechCrunch

Amazon warehouse workers in Minnesota are planning to strike during Prime Day on July 15, one of the company’s biggest sales events. Bloomberg reports that about 100 employees are expected to walk out for a total of six hours to demand changes in labor practices, including converting more temporary workers to employees and relaxing productivity
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Google makes a losing bet, Bezos plots his space take-over – TechCrunch

Hey, weekend readers. This is Week-in-Review where I get hopped up on caffeine and give a heavy amount of analysis on one story while scouring the rest of the hundreds of stories that emerged on TechCrunch this week to surface my favorites for your reading pleasure. Last week, I talked about the Apple device that
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India’s Times Internet isn’t ceding ground to US rivals Facebook and Google – TechCrunch

The aggressive push by Silicon Valley companies and Chinese firms to win India, one of the last great growth markets, has decimated many local businesses in recent years. With each passing day, Amazon is closing in on Walmart-owned Flipkart’s lead on the e-commerce space. Uber is fighting with Ola for the tentpole position of the
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Food delivered to the doorstep is not so cheap in China anymore – TechCrunch

A big selling point of ordering food to the doorstep in China is price, which, in the early years, could be much cheaper than eating in-house. That’s arguably indulged a demographic of lazy, indoorsy eaters, but that may not last for much longer. Over the past few months, users in China have noticed incremental price
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Taali takes its popped water lily snacks from Y Combinator to the world – TechCrunch

Aditya and Aarti Kochhar Kaji didn’t set out to start the snack food business Taali Foods when they were studying for their business degrees at Harvard. The couple both hail from Mumbai and met at the University of Pennsylvania . They were married before starting at Harvard’s Business School and initially were interested in other areas
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