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Insider
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Jeff Bezos' net worth hits all-time high fueled by Amazon shares getting Trump bump
- Jeff Bezos' net worth reached an all-time high of $228 billion, fueled by Amazon's stock surge.
- Amazon's stock reached a record high of $207.09, contributing to the increase in Bezos' wealth.
- Bezos owns nearly 9% of Amazon's stock, which has soared over 40% this year.
- The fortunes of the world's richest people, including Bezos, surged after Trump's presidential win.
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Pymnts
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New Data: Amazon Expands Grocery Reach, but Walmart Maintains Delivery Edge
- Amazon expands its grocery offerings in Mexico through a partnership with Jüsto.
- Walmart maintains its lead in grocery delivery with Walmart+ and cost-effective same-day delivery.
- Amazon Prime struggles to replicate Walmart's grocery success.
- Other developments include AWS launching an AI Partner Alliance and Walmart using electric vans for in-home delivery.
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Siliconera
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Mass Effect TV Show in the Works at Amazon
- Amazon has announced the development of a Mass Effect TV show.
- The project involves key figures such as Daniel Casey, Ari Arad, Karim Zreik, and EA's Michael Gamble.
- No plot details or release date have been revealed yet.
- Amazon Studios is also working on other video game adaptations.
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Silicon
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More Layoffs For iRobot Staff After Abandoned Amazon Deal
- iRobot is cutting more staff as part of its ongoing restructuring and turnaround strategy.
- The company will terminate another 105 employees, equivalent to 16% of its workforce.
- This is the second round of layoffs for iRobot, following the failed acquisition by Amazon in January 2024.
- The company expects to incur restructuring charges of approximately $5.3 million in severance packages and related benefits.
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Siliconangle
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Amazon is reportedly mulling another multibillion-dollar investment in Anthropic, but with an added twist
- Amazon is considering making another multibillion-dollar investment in Anthropic, a generative artificial intelligence startup.
- This follows Amazon's previous pledge of $4 billion to Anthropic in 2023.
- The new investment will involve Anthropic using Amazon's chips instead of Nvidia's, despite Anthropic's preference for Nvidia's chips.
- Anthropic has been seeking new funding with a valuation of up to $40 billion.
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Massivelyop
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Massively Overthinking: How long should it take to level to endgame in MMORPGs?
- New World players have been blasting through levels at an alarming rate. In just two days, some have gone from 0-44, with getting to level 65 taking only 15 hours.
- For games like Lord of the Rings Online and other sandboxes, players should ideally take many months to hit max level as it’s the journey that counts.
- For smaller-scale themeparks like New World, the ability for users to blitz through it doesn’t hurt the game.
- Being able to speed up or slow down leveling at their leisure, something done in games such as LOTRO, would be great to implement more often.
- MMOs let the journey take second place to endgames, devaluing the leveling, urging players to rush through zones and content.
- MMOs need to make the journey, not the endgame, the real experience.
- Instances like WoW Classic are preferred for providing a meaningful journey when compared to the zip-zip-now-you’re-80 retail edition.
- There is a fine line between appreciated challenges and arbitrary slow leveling to extend it.
- Different games call for different leveling models and there is no one size fits all solutions to leveling too quickly or too slow.
- Non-traditional leveling models or systems where everything is relevant at all levels, such as in The Secret World or Elder Scrolls Online, allow for a faster leveling experience.
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Mensjournal
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DeWalt's 'Superb' 20V Circular Saw That's 'Lightweight' but 'Powerful' Is Now Under $100 on Amazon
- The DeWalt 20V Max Circular Saw is on sale for $99, a 38% discount on its normal price of $159.
- It's Amazon’s No. 1 bestselling power circular saw with over 2,000 purchases in the last month alone.
- The saw features a 6.5-inch carbide-tipped circular blade, powerful motor with 5,150 rpm, and wide bevel capacity.
- Customers appreciate its high quality, build, lightweight design, and versatility with other DeWalt 20V Max devices.
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TechCrunch
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Amazon may up its investment in Anthropic — on one condition
- Amazon is in talks to increase its investment in Anthropic.
- The new investment is structured similar to the last one, with the twist that Amazon wants Anthropic to use Amazon-developed silicon hosted on Amazon Web Services for training its AI.
- Anthropic prefers Nvidia chips but may consider the investment due to the significant amount of money involved.
- Anthropic has raised $9.7 billion to date and is discussing new funding at a $40 billion valuation.
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Insider
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Here are Big Tech's winners and losers from Donald Trump's win, according to the market
- Tech stocks experienced gains following Donald Trump's election win.
- Tesla had the best market performance, as CEO Elon Musk supported Trump.
- Apple and TSMC may face challenges due to potential tariffs on China.
- Google could benefit from lighter regulations and rules under Trump.
- Meta (formerly Facebook) shares may be impacted due to Trump's animosity towards the company.
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Arstechnica
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Amazon’s Mass Effect TV series is actually going to be made
- Amazon is moving ahead with producing a TV series based on the Mass Effect video game franchise.
- The series' writer and executive producer will be Daniel Casey, known for his work on F9: The Fast Saga.
- Karim Zreik, who previously worked on well-received Marvel Television shows, will also produce.
- Fans have mixed reactions about the writing and production staff involved.
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Kotaku
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Report: Amazon Working On Mass Effect TV Show
- Amazon is developing a TV show based on the popular video game franchise Mass Effect.
- The show will be written and executive-produced by Daniel Casey, known for his work in F9: The Fast Saga.
- No plot details or casting information has been confirmed yet.
- After the success of the Fallout TV show, Amazon seems to be fast-tracking more video game adaptations.
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Mensjournal
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This 'Must-Have' Mini Flashlight Is Now Only $20 on Amazon, and Shoppers Say It's 'Very Bright' for Its Size
- Amazon is currently offering a 33% discount on Acebeam's Pokelit Rechargeable Mini Flashlight, selling it for $20.
- The flashlight has received nearly 3,000 five-star ratings and is highly recommended by buyers.
- It provides a bright, white light and can be used with rechargeable batteries or AA batteries.
- The flashlight is durable, water-resistant, and suitable for various outdoor activities.
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Mensjournal
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One of Amazon's Top-Selling Multi-Tools Is Now Only $14, and Shoppers Say It's the 'Perfect Leatherman Alternative'
- Amazon is offering a 52% discount on Pohaku's 13-in-1 Multi-Tool Knife, which is now available for $14.
- The multi-tool has been highly popular among Amazon shoppers, with over 2,000 units sold in the past 30 days.
- It offers 13-in-1 functionality, including tools like pliers, screwdrivers, and knives, and features such as a can opener and rope cutter.
- Made with premium quality stainless steel, this durable and compact multi-tool is highly rated and praised by customers for its sharpness and functionality.
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Guardian
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Sales surge for dystopian books after Trump election victory
- Books about democracy, dystopia, tyranny, feminism, and far-right politics surged in sales after Donald Trump's election victory.
- The Handmaid’s Tale by Margaret Atwood climbed over 400 places and is currently third in the US Amazon Best Sellers chart.
- On Tyranny by Timothy Snyder reached the eighth spot, while Nineteen Eighty-Four by George Orwell moved up to the 16th place.
- Several other books, such as Democracy in Retrograde, Men Explain Things to Me, and Defectors, also experienced significant sales increases.
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Insider
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In leaked internal meeting, Amazon retail chief says sales of cheaper items are surging
- During a leaked internal meeting, Amazon's retail CEO Doug Herrington revealed that sales of cheaper items on Amazon are surging.
- The growth of cheap items is driven by faster delivery speeds, as people tend to spend more and shop more frequently when orders arrive quickly.
- Amazon has regionalized its delivery network, resulting in over 50% of everyday essentials being delivered on the same or next day.
- The company's shift towards offering cheaper products with faster delivery is aimed at boosting customer loyalty and competing against Chinese e-commerce upstarts.
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