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Amazon News
Pymnts
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Image Credit: Pymnts
This Week in B2B: Financial Infrastructure Innovation Gets its Due
- Businesses are turning to advanced tools and technologies that promise to eliminate inefficiencies, reduce costs and enhance their ability to adapt to market changes.
- Companies can reduce administrative overhead and speed up cash flow cycles by digitizing invoicing and payment workflows, improving the operational efficiency with financial infrastructure innovation.
- FISCAL Technologies and Proservartner have collaborated to reduce payment errors, supplier fraud and inefficiencies within procure-to-pay (P2P) processes, with their AI-driven forensic software and expertise in process automation offered in consultancy services.
- SoFi Bank becomes Mesh Payment's sponsor bank to integrate Mesh Payments expense and card infrastructure with Galileo Financial Technologies customizable API-based payments processing platform.
- FlexPoint, a payment technology company, has launched an AI-powered system that processes ACH payments processing in the same day, connecting to the Federal Reserve’s FedNow Service infrastructure.
- Mynt, a spend management solution for Nordic small-to-medium-sized businesses (SMBs), raised 22 million euros ($23 million) in a Series B funding round to help its next phase of growth and expansion into the UK and other European markets.
- Intuit’s QuickBooks is now Amazon’s preferred partner for financial management solutions integrated directly into its site to help Amazon sellers manage their finances and grow their businesses.
- Financial platform Loop and EQ Bank launched the Loop Global Visa Card to enable SMBs to spend and settle credit balances in multiple currencies.
- A PYMNTS Intelligence report reveals that companies plan to increase their use of virtual cards for managing economic uncertainty, unplanned expenses and financial flexibility.
- Although AI is emerging as a force in procurement, data quality is one critical factor that can be overlooked by firms rushing to implement the latest technology.
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Mensjournal
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One of Amazon's Best New Hiking Boots Is Only $40 Right Now, and Shoppers Say They're 'Great in Snow'
- Nortiv 8's new Insulated Waterproof Hiking Boots are currently on sale for just $40 on Amazon—20% off their normal $50 list price.
- These boots are warm, waterproof, lightweight, and have excellent support according to reviewers.
- They have a durable water-resistant polyurethane upper, gusseted tongue, and a 3M thermal liner for insulation.
- The boots also feature a cushioned EVA foam midsole and deep lugs for good traction on any terrain.
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Digitaltrends
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Image Credit: Digitaltrends
This GoPro alternative from DJI is under $170 today
- The DJI Osmo Action 3, a 4K HDR and super-wide camera, is available for $163 today, down from its regular price of $200.
- The camera comes with various accessories, including adhesive base, lens protectors, and quick-release adapter mount.
- It offers up to 160 minutes of battery life, 150 minutes of continuous recording, and is waterproof up to 16 meters.
- The DJI Osmo Action 3 has touchscreens, excellent image quality, video stabilization, and is considered an excellent alternative to GoPro.
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Unite
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Image Credit: Unite
Amazon Makes Strategic Expansion into AI Agents with New SF Lab
- Amazon has started a new lab in San Francisco exclusively dedicated to creating AI agents.
- AI systems need to be able to navigate the physical and digital spaces as opposed to merely processing information and generating responses.
- This lab aims to bridge the gap between understanding requests and executing complex workflows across multiple platforms and environments.
- The AI agents are expected to understand natural language and handle the technical details behind the scenes.
- The lab is led by David Luan and Pieter Abbeel.
- The team is building upon foundation models and technologies already developed by Amazon's broader AI teams.
- This laboratory focuses on creating AI systems that can understand and execute human intentions.
- The project suggests a new AI arms race to create AI systems with autonomy.
- The emergence of Amazon's lab is a larger shift in the tech industry to create autonomy in AI systems instead of raw computational power.
- The development of AI assistants will move towards creating AI teammates that can handle complex tasks across multiple platforms and services.
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Geek Wire
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‘The lift that we need’: Bellevue real estate brokers bullish about Amazon’s new in-office policy
- Real estate brokers in Bellevue, Washington, are optimistic about Amazon's new in-office policy requiring employees to work in the office five days a week.
- The policy is seen as a catalyst for other companies wanting to return to the office, boosting the outlook for real estate developers and brokers in the aftermath of the pandemic.
- Office vacancies in downtown Bellevue have risen from 3.2% in 2019 to 16.6%, but Amazon's expansion in the area is expected to bring back employees and revive the market.
- While Microsoft is downsizing its office space in downtown Bellevue, other tech companies like OpenAI, Snowflake, ByteDance, and Pokémon are filling the void.
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Livebitcoinnews
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Image Credit: Livebitcoinnews
Bhutan Moves $40 Million Bitcoin in Bold Transfer
- Bhutan's government has transferred 402 Bitcoin worth $39.56 million to QCP Capital.
- Bhutan has been actively selling its Bitcoin reserves since October, with a recent sale of 1,696 BTC worth $139 million.
- The nation currently holds about 11,700 BTC, making it the fourth-largest government holder of Bitcoin.
- Bhutan's Bitcoin strategy relies heavily on mining activities powered by hydroelectric energy, with Bitcoin mining accounting for 26.9% of the country's GDP.
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Siliconangle
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Image Credit: Siliconangle
Comparitech reveals widespread privacy gaps in mobile shopping apps ahead of holiday season
- A new study by Comparitech reveals privacy concerns in mobile shopping apps.
- The study analyzed 91 popular shopping apps and found that on average, these apps request 26 permissions, with 8 classified as 'dangerous' by Android standards.
- Permissions such as access to camera, location, contacts, and device storage raise privacy red flags for consumers.
- The study also highlights that many apps fail to include these permissions in their privacy policies, potentially violating Google's privacy policy standards.
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Massivelyop
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Throne and Liberty launches the Startree Solstice event today alongside a cooking revamp
- Throne and Liberty launches the Startree Solstice event today alongside a cooking revamp.
- The Startree Solstice event runs from today until January 9th, offering event-specific rewards and themed cosmetics.
- The patch includes a limited-duration boss event, a new cooldown timer for dungeon leavers, and bug fixes.
- Amazon has revamped the cooking skill with new contracts, ingredient adjustments, and relaxed crafting rules.
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Sellerengine
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Image Credit: Sellerengine
Amazon Fee Updates for 2025: What Sellers Need to Know
- Amazon recently announced its 2025 fee updates for FBA and Amazon referral fees in the United States.
- Fees for minimal shipment splits for bulky items will decrease by an average of $0.58/unit next year.
- The fees for minimal shipment splits will be waived for up to 100 units of each new parent ASIN that qualifies for the FBA New Selection program.
- There will be no fee increases for FBA and Amazon referral fees in the United States in 2025.
- New ASINs qualify for first 100 units fee waivers in the FBA New Selection program in 2025.
- New seller incentives in 2025 include $400 in inbound fee credits for sellers who ship to FBA within 90 days of listing.
- The changes aim to make it easier for Amazon sellers to focus on growth opportunities and develop new business strategies.
- These fee updates mean sellers can grow their Amazon business without worrying about the costs of selling.
- Sellers can monitor bulk inventory levels to maintain the AWD storage fee discount.
- Sellers should source reliable news from Seller Central and trusted industry blogs to stay ahead.
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Engadget
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Image Credit: Engadget
The best subscription gifts to send your friends and family
- There are numerous digital gifts and subscriptions available.
- Gaming subscriptions are popular and ideal for new game console owners.
- Xbox Game Pass Ultimate offers access to hundreds of games, including Xbox Game Studios titles.
- Nintendo Switch Online and PlayStation Plus provide access to a variety of games and additional perks.
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Insider
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Image Credit: Insider
Elon Musk's record $447 billion fortune means he's nearly $200 billion ahead of Jeff Bezos — and worth more than Costco
- Elon Musk's net worth reached $447 billion after Tesla stock jumped and SpaceX's valuation rose to $350 billion.
- Musk's fortune has increased by $218 billion this year, making him nearly $200 billion richer than Jeff Bezos.
- Musk's one-day gain of $63 billion is the largest in the Bloomberg Billionaires Index's history.
- With a net worth of $447 billion, Musk is worth more than Costco, Home Depot, and Netflix.
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Mensjournal
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Citizen's 'Unique' Dive Watch That 'Looks Great' and Is 'Built Like a Tank' Is Nearly $300 Off Right Now
- Citizen's Eco-Drive Promaster Sea Orca Dive Watch is on sale for $231, 56% off the retail price of $525.
- The watch is highly rated, making a statement with its unique design and high-quality construction.
- It is ISO-compliant, anti-magnetic, anti-shock, water-resistant to 200 meters, and features a one-way elapsed time bezel.
- Customers praise its functionality, adjustability, and sturdy build, making it a great addition to any watch collection.
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Siliconera
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Image Credit: Siliconera
Perfect Blue 4K Blu-ray Arrives in February
- A 4K remaster Blu-Ray of Perfect Blue will come out on February 28, 2025.
- There will be a normal version and a deluxe version with bonus goods.
- The normal version costs 6800 JPY ($44.65), while the deluxe version costs 11,800 JPY ($77.45).
- Perfect Blue is a well-received work from 1998 about a former J-pop idol who becomes an actress and faces a stalker.
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Mensjournal
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Kershaw's 'Awesome' Pocket Knife That's 'Perfect' for Camping and Everyday Carry Is Now Only $30 on Amazon
- The Kershaw Analyst Tanto Pocket Knife is on sale for just $30 right now, a 44% discount from its normal price of $54.
- This Kershaw pocket knife is a “tactical work knife” with a 3.25-inch 8Cr13MoV steel blade, featuring both smooth and serrated sections.
- The handle is made from glass-filled nylon, providing durability and a steady grip. It has a lanyard hole and a pocket clip that can be placed in four different positions.
- Customers praise the knife's razor-sharp blade, versatile design, and reasonable cost.
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Pymnts
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Image Credit: Pymnts
Amazon: New Delivery Drone Has ‘Double the Range and Half the Noise’
- Amazon has launched a new delivery drone with double the range and half the noise of its predecessors.
- The MK30 drone has received FAA approval and is currently delivering packages weighing five pounds or less near select addresses close to Amazon's fulfillment center in Arizona.
- The drone is designed with aerospace levels of reliability and redundancy and includes systems to detect and avoid obstacles.
- Amazon aims to have drones delivering 500 million packages globally by the end of the decade.
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