‘Just walk out shopping’: Amazon Go opens first Chicago location of its cashierless convenience store

Amazon’s cashierless stores are designed to spare time-crunched shoppers from waiting in the checkout line. But when Chicago’s first Amazon Go store opened Monday morning, most shoppers were taking their time to browse the selection of grab-and-go food items and get used to the idea of picking up their purchases and leaving without formally paying.…

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Amazon Is Fighting a Bribery Problem as It Discovers How Far Sellers Will Go to Juice Their Rankings

Amazon has long had a problem with fake reviews, but some third-party merchants that use the marketplace are reportedly adopting a new tactic: bribing Amazon employees to get confidential sales information and the contact details of people who have left negative reviews. According to a Sunday Wall Street Journal report, Amazon has been fighting the…

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Amazon Investigates Employees Leaking Data for Bribes

Amazon.com Inc. is investigating internal leaks as it fights to root out fake reviews and other seller scams from its website. Employees of Amazon, primarily with the aid of intermediaries, are offering internal data and other confidential information that can give an edge to independent merchants selling their products on the site, according to sellers…

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85% of insured Amazon Prime members open to buying drugs on the site, Deutsche Bank says

The vast majority of Amazon Prime members who have health insurance told Deutsche Bank that they would be willing to purchase prescription drugs on the online retailer’s website. According to the brokerage’s recent study, 85 percent of insured Prime members would be comfortable buying drugs straight from Amazon.com, posing a huge opportunity for the e-commerce…

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Amazon Launched Its HQ2 Hunt One Year Ago Today. Here’s Where the Search Stands

Willy Wonka would be pleased: One year ago today, Jeff Bezos announced Amazon’s search for a second headquarters, triggering a flood of publicity and a frenzy of interest from cities hoping to nab a golden ticket. The 238 HQ2 applicants were narrowed down to 20 finalists back in January. Amazon (amzn) promises to invest more…

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What Amazon Did This Week

WADTW is the regular post that explores the week that has just gone for everyone’s favourite behemoth, Amazon. Why? Amazon is a fascinating company, and one that increasingly has fingers in a lot of pies that go unnoticed and a boarder perspective is rarely a bad thing. WADTW looks at Amazon from a variety of angles…

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Thousands of Amazon workers receive food stamps. Now Bernie Sanders wants Amazon to pay up.

The median Amazon worker received $28,446 last year. The company’s founder, Jeffrey P. Bezos, is the world’s wealthiest man, with a net worth of $157 billion. (Giulio Napolitano/Bloomberg) Sen. Bernie Sanders (I-Vt.) will soon introduce legislation that would require large employers like Amazon, Walmart and McDonald’s to fully cover the cost of food stamps, public…

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