Amazon’s Worker Retraining Plan Is ‘a Drop in the Bucket,’ Says VC

Amazon committed last week to spend $700 million on retraining a third of its U.S. workforce. But the e-commerce giant’s effort, intended to equip workers with skills needed to compete in the new economy, drew mixed reviews from a group of tech executives and human capital experts gathered at Fortune’s Brainstorm Tech conference on Tuesday. […]

Amazon’s Two-Day Prime Day Outsold Its 2018 Black Friday and Cyber Monday Sales, Combined

Amazon Prime Day 2019 reached new heights this week, the e-commerce giant said on Wednesday. In a statement, Amazon said that Prime Day 2019 shoppers purchased 175 million items between Monday and Tuesday, making it the largest shopping event in the company’s history. Amazon added that customers purchased more products on Prime Day than the […]

Ring’s Co-Founder Rebuts Concerns About Security of Connected Home Devices

Connected doorbell maker Ring said that its success depends on providing its customers with secure and privacy-friendly products, and that, therefore, protecting customers from hackers and malware is critical. “If we ever breach those things, then we’ll lose trust,” said, Jamie Siminoff, Ring’s founder and chief inventor. “Then people won’t buy our products.” Siminoff told […]

Meet the Amazon Voice Designer Who Is the ‘Real Alexa’

Before you say, “Hey Alexa,” say hello to Alison. Alison Atwell, 31, sits at a unique perch in the dialog between humans and machines: She’s a Voice User Interface (VUI) Designer at Amazon, where she trains Alexa and guides the conversation between companies and the millions of people who talk to Alexa everyday. She’s also […]

Amazon’s Deliveroo Deal Faces Review by U.K.’s Competition Watchdog Inc. is facing an initial review by the U.K. competition regulator into its bid to buy a slice of fast-growing food delivery startup Deliveroo. The Competition and Markets Authority on Friday said it has “reasonable grounds” to believe that Amazon and Deliveroo have either ceased to be separate businesses, or will merge in the near future, […]

J.A. Bayona On Board to Direct Amazon’s ‘Lord of the Rings’ series, Teases ‘Never Before Seen Story’

J.A. Bayona, who last helmed Universal’s dino-rampage sequel Jurassic World: Fallen Kingdom, has been tapped to direct the first two episodes of Amazon’s hotly anticipated Lord of the Rings series, it was announced Wednesday. Bayona, a hot commodity in Hollywood, broke out with haunted-house chiller The Orphanage before moving to bigger-scale disaster drama The Impossible, with Naomi Watts. But the screen […]