Page 61 - Retailing News Today

High-stakes case pits the e-commerce giant against agency chair Lina Khan’s aggressive antitrust stance

Alibaba Group Holding Ltd. is continuing its attempt to unlock value from its sprawling business with another planned spinoff.

The regulator said the e-commerce titan engages in conduct that prevents current competitors from growing and new competitors from emerging.

Mercedes-Benz will be allowing the retailing of parts to anyone, even FNGs. A distribution network is currently being established. The only parts which would require visiting a dealership are security-

Amazon’s cloud customers will get early access to Anthropic’s technology through Amazon Bedrock, the company’s generative AI platform for businesses.

Amazon joins Netflix and other streamers in adding advertising-supported tiers. Users will have to pay more to avoid ads.

Amazon is aiming to accelerate the development of its future foundation models and make them accessible to customers of its cloud business, AWS.

The firm reiterated Outperform ratings on Amazon, Microsoft, and Alphabet, citing its latest annual survey results.

Dave Limp, who worked on several major products at Amazon.com, will take over for current Blue Origin CEO, Bob Smith

Shares of technology companies rose amid optimism about the outlook for artificial intelligence. Shares of online megastore Amazon.com rose after it agreed...