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One year ago, e-commerce giant Amazon kicked off its new online car sales business with Hyundai. Now, Ford is joining in with a certified used car twist. Ford announced Monday that customers will be able to shop for, finance, and purchase certified pre-owned Ford vehicles on Amazon Autos. The partnership still keeps dealerships — a…
Amazon’s budding satellite internet program is no longer called Project Kuiper. It is now known simply as “Leo.” The name change comes as the company appears to be shifting its focus from “unserved or underserved” communities to securing larger commercial contracts. The satellite network has been in the works since 2019 and, as Amazon tells…
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Distributed cloud projects aim to reduce blockchain’s heavy dependence on centralized providers like AWS. Periodic service disruptions and capacity strain on centralized cloud infrastructure have created an opening for companies building distributed networks. Supporters of the distributed approach argue that spreading workloads across several smaller nodes reduces concentration risk. They say the model could be…
Amazon’s cloud infrastructure service, Amazon Web Services (AWS), is on track to record its strongest year of growth in three years, fueled by the AI industry’s unprecedented demand for computing power. AWS is growing 20% year-over-year and ended the third quarter with $33.1 billion in sales through the first nine months of the year, Amazon…
Amazon said on Tuesday that it plans to reduce its corporate workforce by 14,000 jobs as it seeks to reduce bureaucracy, remove layers and invest more in its AI strategy. This marks the e-commerce giant’s second-largest job cuts since it slashed 22,000 jobs in 2022. Amazon had nearly 1.2 million employees as of October 31,…
Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. To get this in your inbox, sign up here for free — just click TechCrunch Mobility! I am sure you are waiting to learn the results of last week’s poll. (Reminder: Sign up for the Mobility newsletter…
The 15-hour Amazon Web Services outage that halted Coinbase, Robinhood and MetaMask revealed how much of Web3 still relies on centralized servers. The recent Amazon Web Services (AWS) outage that knocked out major crypto and fintech platforms, including Coinbase, Robinhood, MetaMask and Venmo, has reignited debate over how decentralized Web3 really is. While blockchains continued…
Amazon has been stuffing AI features into its shopping experience for the past few years now. Today, the company unveiled a new feature called “Help me decide,” which takes into account your searches, browsing and shopping history on Amazon to suggest products and describe why a particular product is right for you For example, if…
Led by Thrive Capital and Greenoaks, the raise comes less than two months after Stripe unveiled its layer-1 blockchain for stablecoin and real-world payments. Stripe’s blockchain project, Tempo, raised $500 million in a Series A round led by Greenoaks and Thrive Capital, valuing the payments-focused network at $5 billion, according to Fortune. Sequoia Capital, Ribbit…