Amazon discloses AI use and $2.5 billion future-skills training plan
Amazon disclosed that employees are already using AI tools to write code and optimize processes, and plans to invest $2.5 billion in future-skills training.
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Amazon disclosed that employees are already using AI tools to write code and optimize processes, and plans to invest $2.5 billion in future-skills training.
Beauty brand E.l.f. held a TikTok Shop livestream before entering traditional retail channels, setting a one-day sales record for a new product launch.
The Philippine Department of Trade and Industry, TikTok Shop, and Converge are deepening cooperation to use digital tools to help MSMEs overcome geographic limitations and expand into online markets.
TikTok filed a layoff notice with Washington state, affecting 75 positions in the Seattle and Bellevue areas across TikTok Shop e-commerce and anti-fraud teams.
Walmart’s quarterly data shows that U.S. e-commerce sales rose 24% year over year as consumers continued to demand value-priced products and convenient fulfillment services.
GameStop is reportedly reassessing its $56 billion bid for eBay, with the two companies potentially shifting toward a business partnership or other strategic cooperation.
Industry-wide power and capacity constraints are prompting Amazon to distribute e-commerce and cloud computing workloads across more AWS regions.
TikTok filed a notice with Washington state authorities to cut 75 jobs in the Seattle area, affecting TikTok Shop and global e-commerce teams.
AWS announced a $6 billion investment to build a new data center in the United States, while its annualized revenue run rate reached $169 billion.
Amazon raised its 2026 capital spending target to $220 billion, with a focus on artificial intelligence and cloud-computing infrastructure.
TikTok plans to cut 75 jobs at its Bellevue office, including roles related to TikTok Shop and global e-commerce, marking the second consecutive year of related local layoffs.
Amazon raised the prices of hardware products including Echo, Fire TV, Kindle and eero to offset rising memory component costs.
Amazon's operating cash flow rose 33% year over year, but its free cash flow showed a $7.6 billion shortfall amid spending on artificial intelligence infrastructure.
TikTok plans to restructure its Bellevue team, affecting approximately 75 positions, mainly involving TikTok Shop and global e-commerce operations.
TikTok confirmed the closure of its Nashville office and adjustments to the related team structure, while stating that its commitment to serving U.S. users remains unchanged.
Walmart's e-commerce sales grew 24%, while its fast-delivery service now offers delivery within 30 minutes in 38 markets and is set to expand further.
A Reuters analysis said U.S. companies are taking on more debt to finance AI infrastructure, prompting greater investor scrutiny of returns and financial sustainability.
About 70% of Walmart’s online orders are delivered the same day, while 37% are completed within three hours. Fast fulfillment has become an important factor in e-commerce sales growth.
eBay's first-party advertising revenue reached $570 million in the second quarter, up 25% year over year, while its GAAP operating margin rose to 21.6%.
GeekWire reports that TikTok notified local authorities of plans to eliminate 75 jobs in the Seattle and Bellevue areas, primarily in ecommerce-related functions.