Category: Amazon News
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Cord Cutting Forces AMC Networks Stock to be Downgraded
AMC Networks is struggling to keep stock prices up during a wave of cord cutting. Morgan Stanley downgraded AMC’s stock from “Equal-Weight” to “Underweight”, according to recent reports as stock prices drop from $19 per share to a mere $12 per share. Sources report AMC Networks’ stock was downgraded due to “exposure to legacy headwinds”…
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Amazon is Closing The Gap With Walmart As It Fights to Be #1
For the 11th year in a row, Walmart leads the retail industry with around $611 billion in total revenue. Fortune 500 lists Walmart as the top earner for 2023, with Amazon coming in second place with $514 billion in total revenue. Looking at Fortune 500 data going back to 2018, Walmart had a significant lead…
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Amazon Removes Luna Gaming Service From PC & Mac App Now Owners Can Use Their Browsers
Amazon has discontinued its Luna desktop app compatibility for Windows PCs and Macs. Users who have Luna installed will still be able to use the service but no new downloads will be available from here on out. Update: Now Amazon Luna customers can use their browser to play Luna games on PC and Mac. Amazon…
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FTC & DOJ Charge Amazon with Violating Children’s Privacy Law
Today the Federal Trade Commission and the Department of Justice announced that they will require Amazon to overhaul how it handles the deletion of voice recordings. According to the FTC and DOJ, Amazon is in violation of the Children’s Online Privacy Protection Act Rule (COPPA Rule). At issue here is Amazon not fully removing recording…
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Amazon Alexa Ends Celebrity Voice Feature – Here is How to Get a Refund
Amazon is removing the Celebrity Personalities feature on Alexa devices, partly due to the massive rounds of layoffs the company has been undergoing this year. Amazon has eliminated over 10,000 jobs this year and its Alexa Voice Assistant division lost several employees during Amazon’s layoff rollout. Alexa has been costing Amazon more money than it…
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Amazon Launches New Immersive Shopping Experience
Amazon Anywhere provides an immersive shopping experience for gamers to buy merchandise related to their favorite games.
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Blade Runner 2099 Production Delayed by Writers Strike
The ongoing writer’s strike is causing Blade Runner 2099 to push back filming as negotiations still haven’t settled to allow writers to get back to work. The live-action series was picked up by Amazon Prime Video back in 2022 and had planned to begin filming at Northern Ireland’s Belfast Harbour Studios. In an announcement, Northern…
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Amazon is The Most Trusted Brand Among Americans – Do You Agree?
Across four major polls focusing on favorability, trustworthiness, visibility, and innovation, Amazon was at the top of the list.
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Amazon Announces a New Fire Max 11 Tablet Its Largest & Most Powerful Tablet Ever
Today Amazon announced a new 11″ tablet that is more powerful than any tablet they have ever made. This new Fire Max 11 tablet has 14 hours of battery life, 125GB of storage, and a 2000 x 1200 resolution. It also has an 8 MP front and rear cameras. The tablet is powered by an…
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NASCAR Is Reportedly Planning to Go Streaming As Cord Cutting Grows
The interest of a few streaming companies was piqued, though no official offers or agreements have yet to be revealed.