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Amazon News
Livebitcoinnews
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National Center Urges Amazon to Adopt Bitcoin Treasury
- The National Center for Public Policy Research has proposed that Amazon invest 5% of its total $585 billion assets in Bitcoin.
- The proposal suggests that diversifying into Bitcoin can provide inflation protection and increase long-term returns.
- The NCPPR argues that a small 5% Bitcoin allocation could diversify Amazon's treasury strategy while protecting its balance sheet.
- If approved, this recommendation could pave the way for other global corporations to consider adopting cryptocurrency.
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TechCrunch
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Amazon forms a new AI agent-focused lab led by Adept co-founder
- Amazon forms a new R&D lab in San Francisco called Amazon AGI SF Lab led by David Luan, co-founder of AI startup Adept.
- The lab will focus on building foundational capabilities for AI agents to take actions in digital and physical worlds.
- It aims to enable AI agents to perform real-world actions, learn from human feedback, self-course-correct, and infer goals.
- The lab will be seeded by Adept employees and Amazon plans to hire additional researchers.
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Pymnts
2w
12
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Amazon Seller Central to Integrate Intuit QuickBooks for Financial Management
- Intuit's QuickBooks will become Amazon's preferred partner for financial management solutions integrated directly into its site.
- The integration of QuickBooks will enable sellers to bring their existing Amazon data into Intuit's AI-powered platform, which will help them understand and optimize profitability, manage cash flow, access capital, and simplify taxes.
- Amazon sellers using QuickBooks will have streamlined access to personalized loans directly from Amazon Seller Central via QuickBooks Capital.
- The integration will roll out for sellers in the United States in mid-2025 and expand internationally after that.
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Guardian
2w
262
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‘What does AI mean?’: Amazon reveals UK’s most asked Alexa questions of 2024
- Amazon has revealed the top questions and requests asked to Alexa in the UK in 2024.
- Common questions included the value of bitcoin, the population of Earth, and the meaning of AI.
- Other popular queries were about cooking sausages, Henry VIII's wives, and Tom Cruise's height.
- Alexa was also used for food-related queries, celebrity information, and football-related questions.
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Newsbtc
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60
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Bitcoin Bet For Amazon? 5% Stake Proposal Raises Eyebrows
- Shareholders of Amazon are pushing for the adoption of Bitcoin in its assets.
- A US-based think tank is urging Amazon to evaluate the possibility of adding Bitcoin to its balance sheet.
- The think tank suggests allocating 5% of Amazon's $585 billion assets to Bitcoin.
- Bitcoin is considered a good option to protect against inflation and potentially generate better returns.
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Pymnts
2w
21
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AI Takes Out the Trash as Recycling Goes High-Tech
- Colorado-based company AMP has raised $91 million to expand its AI-powered recycling operations.
- AMP's AI utilizes deep learning to identify materials by analyzing patterns in colors, textures, shapes, and logos.
- The technology aims to boost recovery rates, reduce contamination, and optimize waste operations.
- Other AI-powered systems in waste management facilities are also gaining traction, improving sorting efficiency and addressing labor shortages.
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Insider
2w
142
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AMD downgraded after BI report on weak demand for its AI chips among AWS customers
- Bank of America downgraded AMD after concerns about low demand for its AI chips among AWS customers.
- BofA cited higher competitive risk in the AI market and Nvidia's dominance as reasons for the downgrade.
- AMD's growth potential is limited due to low AWS customer demand, Nvidia's dominance, and preference for custom chips.
- Despite challenges, AMD could still succeed in the AI chip market due to Nvidia's supply issues and its strong position in the server chip market.
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Zycrypto
2w
211
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Amazon Shareholders Tell Company To Invest At Least 5% Of Its Assets In Bitcoin To Beat Inflation
- A group of Amazon shareholders is requesting the company to invest at least 5% of its assets in Bitcoin to protect against inflation and boost shareholder value.
- The proposal by the National Center for Public Policy Research (NCPPR) aims to diversify the balance sheet and maximize long-term shareholder value.
- Bitcoin has gained over 130% this year, outperforming major assets like gold, corporate bonds, and the S&P 500.
- Amazon's board of directors will decide whether to include the proposal in the company's annual shareholders meeting in April 2025.
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TechBullion
2w
60
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Bridging the Cloud Gap: A Conversation with Richard Hatherall of Appercept on Bringing AWS to Delphi Developers
- Delphi, a veteran programming language known for its rapid application development (RAD), is getting a major upgrade with the Appercept AWS SDK for Delphi.
- The lack of seamless integration tools with cloud providers like AWS has been a challenge for Delphi developers, but the Appercept SDK is reshaping the way they connect to the cloud.
- Delphi remains indispensable for businesses due to its speed, simplicity, compatibility, stability, longevity, and low maintenance costs.
- The Appercept AWS SDK for Delphi integrates Delphi applications with AWS, supporting 13 popular services and enabling developers to build reliable, cloud-integrated applications.
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Insider
2w
81
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MrBeast reveals photos of the $14M 'city' he built as part of his Amazon reality show 'Beast Games'
- MrBeast has revealed photos of the $14M 'city' he built for his Amazon reality show 'Beast Games'.
- The show, premiering on December 19, features 1,000 contestants and a $5 million prize.
- Controversy has surrounded the show with complaints about conditions and a potential lawsuit.
- The specially built 'city' for the show is located in Toronto.
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Coinjournal
2w
26
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Amazon shareholders call for the company to hold 5% of its assets in Bitcoin
- A group of Amazon shareholders has requested that the company allocate 5% of its assets in Bitcoin.
- The proposal suggests that Amazon should diversify its treasury and include assets like Bitcoin, which have the potential to appreciate more than bonds.
- The proposal highlights the performance of MicroStrategy, a company that holds Bitcoin on its balance sheet, which has outperformed Amazon's stock by 537% in the past year.
- Michael Saylor, CEO of MicroStrategy, has also called on Microsoft to adopt Bitcoin, stating that it represents the greatest digital transformation of the 21st century.
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Insider
2w
250
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Microsoft and Amazon investors eye proposals for the tech titans to buy bitcoin amid MicroStrategy's huge rally
- Microsoft shareholders will decide on whether the firm should consider investing in bitcoin.
- A shareholder proposal argues that bitcoin is an 'excellent' inflation hedge.
- A similar proposal will be put forth to Amazon.
- MicroStrategy's bitcoin buying strategy has caught the attention of Big Tech shareholders.
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Altcoinbuzz
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Amazon Shareholder Proposes Bitcoin as Reserve Asset
- The National Center for Public Policy Research has proposed that Amazon adopt Bitcoin as a treasury reserve asset.
- Adding Bitcoin to its reserves could protect Amazon from inflation and economic instability.
- By diversifying its assets, Amazon could have a backup plan if traditional money loses value.
- Several major companies, including Tesla and MicroStrategy, have already incorporated Bitcoin into their reserves.
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Massivelyop
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258
The Daily Grind: Which MMORPG has the best graphics as of 2024?
- In 2024, New World has been praised for its improved graphics, especially for the console port.
- The game's overall graphical vibe has been enhanced, becoming stunning and visually appealing.
- Previously considered brown and dingy, New World now showcases impressive visuals on television screens.
- MassivelyOP asks readers to share their opinions on which MMORPG has the best graphics as of 2024.
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Crypto-News-Flash
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Bitcoin News: Amazon Should Invest 5% in BTC, Say Shareholders Seeking Inflation Protection
- A group of Amazon shareholders have proposed that the company allocate 5% of its assets to Bitcoin due to rising inflation rates.
- The proposal aims to protect shareholders' value and maximize returns in the face of inflation.
- The shareholders argue that cash is being devalued and bonds yield lower returns than the US inflation rate.
- They suggest that adding Bitcoin to the company's treasury would be a better option as it has shown significant growth compared to corporate bonds.
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