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Insider
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How Reddit went from a weird corner of the web to everyone's favorite digital hangout
- Reddit has emerged as a more mainstream and acceptable alternative to Twitter, the leading forum for discourse.
- Increasing numbers of people browse Reddit to find reliable reviews and user feedback.
- Growth is driven by new, casual browsers, with daily active users logged into their accounts up by 27%, but by 70% for people logged out.
- Reddit is becoming more trusted as a source of reliable information, and even the White House is using it to combat misinformation.
- Reddit went public earlier this year at a $6.4 billion valuation after a few years cleaning up its act.
- Its most recent earnings report showed that revenue and cash from ads rose, and last quarter, Reddit turned a profit for the first time in its history.
- The search platform, Google, is prioritizing Reddit's search results, which boosts visitor traffic but presents a risky proposition.
- AI and data licensing are being used to reach a broader and international audience.
- There are concerns that Reddit's growth may lead to its rapid corporatization, which could put the value of its brand and legitimacy at risk.
- Reddit is emerging as a more hybrid platform, somewhere between social media and a widely respected database of information from real users.
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Cgmagonline
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What’s Coming To Prime Gaming In November 2024
- Amazon has announced new titles for Prime Gaming in November 2024, including Marvel’s Guardians of the Galaxy and Mafia: Definitive Edition.
- Marvel’s Guardians of the Galaxy is an action-adventure game where players take on the role of Star-Lord and embark on a journey to save the world.
- Mafia: Definitive Edition is a remake of the classic 2002 game and allows players to experience the life of a Prohibition-era gangster.
- Other games arriving on Prime Gaming include Dishonored, Duck Paradox, Close To The Sun, Tomb Raider: Anniversary, and more.
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Medium
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Claude 3.5 Haiku: Anthropic’s Speed Demon Gets a Brain Boost
- Claude 3.5 Haiku is a fast and intelligent AI model outperforming its predecessor, Claude 3 Opus.
- It excels in coding tasks with a remarkable score of 40.6% on the SWE-bench Verified test.
- Anthropic has increased the price fourfold for this upgraded model.
- Claude 3.5 Haiku has real-world applications, but it currently supports text-only analysis.
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Medium
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Amazon Explores Second Multi-Billion Dollar Investment In AI Startup Anthropic.
- Amazon is considering a second multi-billion dollar investment in AI startup Anthropic.
- Amazon has requested Anthropic to use a significant number of servers equipped with Amazon's cloud division-designed chips.
- Anthropic prefers Amazon's servers powered by Nvidia-designed AI chips known for their performance.
- Anthropic has previously received $500 million investment from Alphabet and expects an additional $1.5 billion investment.
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Arstechnica
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Claude AI to process secret government data through new Palantir deal
- Anthropic has partnered with Palantir and Amazon Web Services to bring its Claude AI models to undisclosed US intelligence and defense agencies.
- Claude, an AI language model similar to ChatGPT, will process and analyze data within Palantir's platform using AWS hosting.
- However, some critics raise concerns as the deal contradicts Anthropic's stated focus on AI safety.
- The partnership enables Claude to operate within Palantir's defense-accredited system, handling sensitive data up to the secret classification level.
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Insider
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The history of Jeff Bezos and Donald Trump's relationship
- Jeff Bezos and Donald Trump have had a contentious relationship over the years.
- In 2016, Bezos criticized Trump's approach to politics and his treatment of the media.
- However, Bezos later met with Trump and described the meeting as productive.
- Trump has also criticized Bezos and Amazon, particularly regarding tax payments and USPS deliveries.
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Pymnts
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Amazon Combines Fulfillment Networks to Better Compete in Grocery Business
- Amazon is combining the fulfillment networks of Whole Foods Market and Amazon Fresh stores.
- The move is aimed at offering customers a one-stop shopping experience.
- Amazon has started using 26 Amazon Fresh fulfillment centers to handle delivery orders for Whole Foods products and plans to expand the service.
- The company aims to compete with Walmart, which currently dominates the grocery space.
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Geek Wire
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Sustainable chicken-sandwich chain Mt. Joy opening new Seattle location in Amazon space
- Sustainable chicken-sandwich chain Mt. Joy is opening a new location in Seattle's South Lake Union neighborhood.
- Mt. Joy focuses on sustainable farming practices and locally sourced ingredients to disrupt the agriculture and food industries.
- The restaurant's flagship item is the fried chicken sandwich, but they also offer tenders, wings, fries, and vegetarian options.
- Mt. Joy plans to expand into more markets across the Pacific Northwest in the future.
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Tech Story
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Amazon Employees Protest Mandatory In-Office Policy, Urge CEO to Retain Remote Flexibility Employee Petition Against Return-to-Office Mandate
- Over 500 Amazon Web Services (AWS) employees have raised concerns regarding Amazon’s recent policy change, which mandates a five-day in-office work week starting January 2025.
- AWS employees argue that the rigid policy undermines Amazon’s innovative work culture and could drive skilled employees away.
- A group of 523 AWS employees recently sent a petition to AWS CEO Matt Garman, calling for Amazon to reconsider its decision to end remote work flexibility.
- According to the employee letter, senior staff members have greater flexibility and resources to transition to roles at other companies that offer remote work, potentially creating a loss of experience and expertise at AWS.
- Amazon’s full return-to-office policy places it among a minority of tech firms insisting on a five-day physical presence, a move likely to shape employee retention and recruitment efforts.
- Amazon’s move to reinstate a five-day office workweek has added to a broader debate in the tech industry over the role of remote and hybrid work.
- The return-to-office policies adopted by major companies are reshaping the tech industry’s competitive landscape for talent.
- As Amazon moves forward with its five-day in-office mandate, the company faces mounting pressure from its workforce to reconsider its stance.
- Whether Amazon ultimately upholds or adjusts its mandate may signal broader trends in how companies balance workplace culture, employee satisfaction, and operational objectives in a post-pandemic era.
- In an industry increasingly defined by employee demands for flexibility, Amazon’s approach will serve as a test case for the future of corporate culture and workforce management in tech.
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Unite
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Amazon Seeks to Deepen AI Partnership with Anthropic Through Strategic Chip-Focused Investment
- Amazon is in negotiations with Anthropic for a second multi-billion dollar investment, aiming to deepen their AI partnership.
- This move reflects Amazon's goal to strengthen its position in the AI chip market, traditionally dominated by established semiconductor manufacturers.
- The proposed investment links investment terms to Anthropic's adoption of Amazon's Trainium chips, emphasizing hardware integration.
- This partnership showcases the growing importance of vertical integration in AI development and may influence future strategic partnerships in the industry.
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Mensjournal
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Amazon Is Selling a Craftsman Mechanics Tool Set For $15
- Craftsman's 10-piece Mechanics Tool Set is now 46% off on Amazon, priced at $15.
- The set has earned a 5-star rating with nearly 90% positive reviews.
- Crafted with alloy steel and chrome-coated finish, the tools are durable and slim-designed.
- The set includes SAE and metric sockets, and comes in a portable carry case.
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Mensjournal
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Amazon's Most Popular Waterproof Hiking Boots Are Now Just $54, and Shoppers Say They're a 'Must-Have' for Comfort
- The Nortiv 8 Armadillo Men’s Waterproof Hiking Boots are now on sale for as low as $54, marked down from the original price of $90 on Amazon.
- These boots are Amazon's No. 1 bestselling hiking boot for men with over 11,000 five-star ratings.
- The boots come in two versions, the classic Armadillo and the updated Armadillo II with suede.
- Customers have praised the boots for their traction, comfort, durability, and water resistance.
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Sellerengine
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How to Win the Buy Box on Amazon: Proven Strategies for BFCM and Holiday Sales
- This BFCM, makes the most of the latest technology to automate pricing, overpower your competitors, and sell more in Q4.
- Cyber Week, a.k.a. BFCM, is Amazon’s busiest and most profitable sales event.
- Last year, Amazon reported selling over 1 billion items worldwide in 11 days, churning over $22 billion in sales in the US alone.
- Amazon is deploying several AI tools, customers can access AI shopping guides, ask the AI shopping assistant Rufus about products, and scribble notes on their Kindle with the help of gen AI.
- BuyBoxBuddy can set the ideal price for every item.
- If you want to rank well and lift your offers above the fold, don’t hesitate to use keyword software that can identify relevant, high-traffic keywords.
- Collaborate with influencers during BFCM, offer testers, samples, prizes, gift guides, and referral perks through them or on your own channel.
- But also be sure to budget for a rise in returns.
- Black Friday and Cyber Monday are momentous sales events, with many buyers flocking to Amazon.
- You’ll no longer be wondering how to win the Buy Box on Amazon and maximize profits this holiday season.
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Silicon
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Amazon Mulls New Multi-Billion Dollar Investment In Anthropic – Report
- Amazon is reportedly in talks to make another huge financial investment in AI start-up Anthropic.
- The investment would be structured similar to Amazon's previous investments, but with the condition that Anthropic uses Amazon-developed silicon hosted on Amazon Web Services (AWS) to train its AI.
- Anthropic, however, prefers Nvidia chips, but Amazon is developing its own faster and cheaper AI chips.
- Amazon has already made notable investments in Anthropic, initially investing $1.25 billion in September 2023 and later adding an additional $2.75 billion in March 2024, completing a $4 billion investment.
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Hackaday
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Ask Hackaday: How Much Would You Stake On An Online Retailer
- A Redditor ordered a $400 Mitutoyo vernier caliper from Amazon and received a very cheap instrument stuffed in a genuine Mitutoyo box.
- Buying from large online retailers raises the question of how much risk we are willing to take.
- While Amazon is a trusted brand, they are simply clearing houses for third-party products and may not have much care for what's in the box.
- The incident sparks a discussion on when to opt for specialist retailers and pay more for confidence in the product.
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