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Tag: Amazon.com Inc

  • Twitch broadcasts ban on unlicensed playing livestreams after backlash

    Twitch brand displayed on a pc display screen and a gamepad are observed on this representation picture taken in Krakow, Poland on August 23, 2022.

    Jakub Porzycki | Nurphoto | Getty Photographs

    Twitch mentioned it’s making plans to prohibit the streaming of sure crypto playing web pages to be able to offer protection to customers from attainable hurt.

    The livestreaming platform, owned through Amazon.com Inc., introduced the replace to its playing insurance policies in a commentary posted on Twitter Tuesday. The ban will limit streaming of websites together with slots, roulette and cube web pages that don’t seem to be approved within the U.S. or “different jurisdictions that supply enough client coverage”. It mentioned the ban takes impact Oct. 18.

    The coverage trade comes after one of the crucial platform’s best streamers threatened to forestall the use of the platform if Twitch did not trade its coverage on playing streams.

    Twitch didn’t in an instant reply to a request for remark.

    Playing around the platform has lengthy been debatable, with the corporate going through backlash from streamers and customers for no longer reigning in well-liked playing classes that may have destructive results, specifically on younger customers.

    Twitch mentioned the ban applies to websites together with Stake.com, Rollbit.com and Duelbits.com and that it “would possibly establish others as we transfer ahead.” The corporate added it could no longer ban sports activities having a bet, myth sports activities akin to myth soccer or poker.

    “Playing content material on Twitch has been a large matter of debate in the neighborhood, and one thing we have now been actively reviewing since our final coverage replace on this house,” the commentary learn. “Whilst we limit sharing hyperlinks or referral codes to all websites that come with slots, roulette or cube video games, we have now observed some other folks circumvent the ones laws and disclose our group to attainable hurt.”

    Twitch’s present group tips already limit streamers from referring audience to websites that come with slots, roulette or cube video games or sharing associate hyperlinks or referral codes to such websites.

  • Amazon introduces new Fireplace pills beginning at $99

    Amazon Fireplace HD 8 Pill.

    Amazon

    Amazon introduced the most recent variations of its Fireplace 8 pills Wednesday. The 4 new fashions come with the Fireplace HD 8 at $99, the Fireplace HD 8 Plus at $120, the Fireplace HD 8 Children and the Fireplace HD 8 Children for $150.

    The Fireplace pills are a less expensive selection to Apple’s iPads. Not like Apple, which counts on {hardware} for the majority of its earnings, Amazon’s units function a gateway into the corporate’s ecosystem of products and services such because the Alexa voice assistant, song, books and apps.

    All 4 pills shall be to be had for preorder Wednesday and can start delivery subsequent month. The brand new technology of Fireplace 8 pills are thinner, lighter and quicker than the former variations, in line with Amazon.

    Amazon Fireplace HD 8 pill in rose.

    Amazon

    The $100 Fireplace HD 8 is 30% quicker than its predecessor. It has 13 hours of battery existence, an hour longer than the former instrument. It has USB-C charging, and just like the prior model, it is going to be absolutely charged after 5 hours.

    Amazon additionally says the HD 8 is two times as sturdy because the iPad Mini in tumble exams.

    Amazon Fireplace HD 8 pill.

    Amazon

    The Fireplace HD Plus goes up through $30. It is absolutely charged after 3 hours and has a quicker processor than the bottom type. The Plus additionally helps wi-fi charging and has a sharper digital camera.

    The $150 Fireplace HD Children and Children Professional include a one-year subscription to Amazon Children+, which contains content material reminiscent of books, apps and video games. For an additional $10, Amazon can even promote Disney Mickey and Princess circumstances.

    Along with unveiling the brand new units, Amazon stated it is going to make its characteristic Faucet to Alexa to be had on Fireplace pills. That permits shoppers to make use of Alexa by way of contact as an alternative of voice, serving to strengthen get entry to for other people with speech and mobility demanding situations.

    WATCH: NFL’s Amazon debut kicks off with Chiefs vs. Chargers

  • Spotify broadcasts release of audiobooks for U.S. listeners

    The Spotify brand on a smartphone organized in Saint Thomas, U.S. Virgin Islands, on Saturday, Jan. 29, 2022.

    Gabby Jones | Bloomberg | Getty Pictures

    Spotify customers within the U.S. will now be capable of acquire and concentrate to greater than 300,000 other audiobook titles, the corporate introduced Tuesday.

    The streaming corporate’s foray into audiobooks marks its newest try to make the platform a one-stop-shop for all issues audio. Spotify offered podcasts in 2015 and is now house to greater than 4.4 million of them, in keeping with its 2nd quarter profits record.

    comparable making an investment newsOppenheimer upgrades Netflix, says new advert tier can spice up expansion

    The corporate determined to introduce audiobooks as a result of they constitute a “really extensive untapped marketplace,” Nir Zicherman, Spotify’s vice chairman and international head of audiobooks and gated content material, mentioned in Tuesday’s free up. Zicherman mentioned the section is rising by means of about 20% 12 months over 12 months regardless of making up only a 6% to 7% proportion of the present ebook marketplace.

    The transfer additionally vaults Spotify into extra direct festival with Amazon-owned Audible, which used to be the marketplace chief in 2018 with 41% marketplace proportion, in keeping with Codex Workforce, and Amazon additionally sells e-books beneath its personal logo. Different competition come with Apple, Google, and Rakuten, which has partnered with Walmart.

    Spotify customers involved in paying attention to audiobooks can in finding them of their seek, library and their curated tips on their homepage. The audiobooks will function a lock icon over the play button to suggest that they want to be bought.

    As soon as a ebook is bought, customers will be capable of bookmark their position within the audiobook, keep an eye on their listening velocity and obtain the content material for offline listening.

    Spotify plans to introduce audiobooks to new markets and upload new options after the preliminary U.S. release.

  • Peloton provides $3,195 rowing mechanical device to health apparatus lineup

    Peloton Rowing System

    Courtesy: Peloton

    Peloton is including rowing machines to its lineup as the corporate works thru a restructuring to enlarge its buyer base and go back to a benefit.

    The fitness-machine maker mentioned on Tuesday it is launching Peloton Row, which begins at $3,195 and is now to be had for preorder on its website online. Deliveries are anticipated to start out in December.

    The rowing mechanical device, which additionally calls for a $44-a-month club to Peloton’s workout categories and methods, joins the lineup of Peloton Motorcycle, Peloton Motorcycle+, Peloton Tread and Peloton Information, a coaching device that makes use of a digital camera to trace an individual’s actions.

    Peloton Row, which had reportedly been within the works for a while, comes as the corporate has been operating thru a restructuring in contemporary months.

    Remaining month, the corporate reported widening losses and declining gross sales for its fiscal fourth quarter, marking its 6th consecutive quarter of losses. Peloton had mentioned it goals to succeed in break-even money drift on a quarterly foundation in the second one part of fiscal 2023.

    The corporate had additionally introduced it partnered up with Amazon to start out promoting its merchandise at the behemoth e-commerce store, a transfer that would lend a hand Peloton increase its buyer base. The partnership is Peloton’s first foray outdoor its core direct-to-consumer industry.

    Peloton has additionally been shaking up its management. Every week in the past, the corporate introduced co-founder and previous CEO John Foley, co-founder and Leader Prison Officer Hisao Kushi, and Leader
    Industrial Officer Kevin Cornils can be leaving the corporate as a part of its transformation.

    Foley had served as Peloton’s CEO for approximately 10 years earlier than he stepped down in February.

  • Amazon memo says ‘Thursday Night time Soccer’ drew document collection of Top signups for a 3-hour duration

    Los Angeles Chargers tight finish Gerald Everett (7) all over a 26-yard reception within the fourth quarter of an NFL sport between the Los Angeles Chargers and Kansas Town Chiefs on September 15, 2022 at GEHA Box at Arrowhead Stadium in Kansas Town, MO.

    Scott Winters | Icon Sportswire | Getty Photographs

    Amazon’s first broadcast of “Thursday Night time Soccer” attracted a document collection of new Top signups over a three-hour duration, greater than all over identical sessions on Top Day or different giant buying groceries days corresponding to Black Friday and Cyber Monday, an govt stated in a memo considered by means of CNBC.

    The matchup between the Kansas Town Chiefs and the Los Angeles Chargers remaining week was once the primary of 15 video games Amazon will broadcast as a part of a care for the Nationwide Soccer League. Amazon is spending about $1 billion according to yr to completely circulate Thursday Night time Soccer thru 2023, CNBC up to now reported.

    “By means of each measure, Thursday Night time Soccer on Top Video was once a convincing good fortune,” Jay Marine, international head of Amazon’s sports activities department, wrote overdue Monday within the memo to personnel.

    Nielsen has but to free up reputable viewership numbers for the sport. Marine stated Amazon’s dimension “presentations that the target market numbers exceeded all of our expectancies for viewership.”

    Amazon is making a bet closely on sports activities broadcasting with the hope that it is going to spice up its Top club. The Top subscription program, which fees $139 according to yr for a number of perks together with loose transport, now has some 200 million subscribers international. Amazon has stated there are 80 million lively Top Video families within the U.S.

    It is beefed up its Top Video content material in different ways to hook audience and new subscribers. The corporate not too long ago debuted its long-awaited sequence “The Lord of the Rings: The Rings of Energy,” which is derived from the appendices of J.R.R. Tolkien’s “Lord of the Rings” books. Amazon stated the primary episode of the sequence, which set a document for being the costliest display ever made, attracted greater than 25 million audience globally in its first day.

    WATCH: The NFL’s giant Amazon debut and primary week rankings good points

  • Amazon loses PillPack founders 4 years after acquisition of pharmacy startup

    With Amazon Pharmacy, High consumers in the US can get their prescription medicines shipped to their house without spending a dime.

    Amazon

    Two Amazon executives who performed a formative position within the retail large’s push into fitness care are departing.

    TJ Parker and Elliot Cohen, the co-founders of prescription drug startup PillPack, will depart Amazon on the finish of this month, in keeping with a publish on Parker’s LinkedIn profile. Amazon purchased PillPack in 2018 for roughly $750 million.

    After the purchase, Parker and Cohen helped steer the release of Amazon Pharmacy, the corporate’s on-line pharmacy for turning in prescription medicines within the U.S. Each Parker and Cohen served as vice presidents of pharmacy up till just lately, once they have been shifted to consulting roles, Axios reported.

    “I am writing to allow you to all know that Elliot and I are shifting on from PillPack and Amazon on the finish of the month,” Parker wrote. “Out of the whole thing, it is the people who we met alongside the way in which and that joined us in this adventure that we’re going to take note maximum fondly, and we’re going to leave out you all.”

    Parker and Cohen co-founded PillPack in 2013. Parker, who is dad used to be a pharmacist, attended pharmacy faculty in Boston. He met Cohen, who used to be in trade faculty at MIT. PillPack began serving consumers in 2014, and Parker’s dad joined as one of the most corporate’s first pharmacists.

    Amazon has sped up its push into fitness care in recent times, even though now not all of its efforts had been a success. The drugstore trade struggled to realize traction, and Amazon just lately introduced it might shutter its telehealth carrier Amazon Care after discovering it wasn’t a “entire sufficient providing” for patrons.

    Early remaining yr, a three way partnership Amazon had shaped with Berkshire Hathaway and JPMorgan Chase to decrease health-care prices disbanded. The entity used to be referred to as Haven, and its preliminary anticipated access into the health-care marketplace had despatched stocks of suppliers tumbling.

    Nonetheless, Amazon is making an investment important capital and assets within the house. In July, Amazon mentioned it might achieve One Clinical for $3.9 billion, bringing in a community of boutique number one care clinics. Amazon additionally operates a shopper diagnostics challenge.

    Amazon had reshuffled its fitness management previous to Parker and Cohen’s departure. Closing December, CNBC reported the corporate increased its former High boss Neil Lindsay to supervise its fitness efforts. John Love, who in the past served as a vice chairman in Amazon’s Alexa department, used to be named vice chairman of Pharmacy and PillPack in January.

    In a memo to the fitness services and products staff on Monday, Lindsay referred to as the departure of Parker and Cohen “bittersweet” and thanked the PillPack founders for serving to increase the tactic “to assist support the buyer fitness care enjoy.”

    “Pushed via their imaginative and prescient and buyer obsession, the PillPack trade and features changed into the root of Amazon Pharmacy,” Lindsay wrote.

    WATCH: Amazon launches on-line pharmacy in the US

  • Shares making the largest strikes noon: FedEx, Adobe, Boeing and extra

    FedEx won its first 5 of an order of 500 electrical Mild Industrial Cars (eLCVs) from BrightDrop.

    Courtesy: Fedex

    Take a look at the firms making headlines in noon buying and selling.

    FedEx – Stocks of the supply massive slid about 22% after the corporate preannounced disappointing effects for the hot quarter, mentioning weak point in international cargo volumes, and a number of other Wall Boulevard analysts downgraded the inventory. CEO Raj Subramaniam mentioned he expects the economic system to go into a “international recession” on CNBC’s “Mad Cash” Thursday. FedEx dragged its friends UPS and XPO Logistics down about 4.8% and six.8%, respectively.

    Global Paper Co. – Stocks dropped greater than 11% after Jefferies downgraded the inventory from dangle to underperforming because the paper services and products trade struggles with a glut of containerboard and sliding call for.

    Uber – The ride-sharing carrier noticed stocks fall about 4% after it mentioned it is investigating a cybersecurity incident. A hacker had reportedly received regulate of Uber’s inside programs after compromising an worker’s Slack account, in keeping with the New York Instances.

    Common Electrical – Stocks of the economic conglomerate sank greater than 4% after its leader monetary officer mentioned Thursday the corporate continues to be coping with provide chain problems, which is affecting its skill to ship merchandise to its consumers. That, in flip, is hanging drive on GE’s money glide.

    NCR – The era supplier for banks, shops and eating places noticed stocks hit a brand new 52-week low these days after falling just below 23%. NCR’s board of administrators introduced the corporate would cut up into two impartial publicly traded firms.

    Additional Area Garage – Stocks fell about 2%. Previous within the day, the corporate introduced a $590 million deal to procure rival Garage Specific.

    Apple – The era massive used to be down round 2% amid Friday’s sell-off, whilst KeyBank mentioned Friday that Apple stocks are nonetheless a just right purchase.

    Tesla – Stocks for the electrical car maker fell round 1.5% in spite of Morgan Stanley announcing Friday that the corporate would most likely have the benefit of the Inflation Aid Act.

    Snowflake – Stocks of the cloud computing corporate dropped greater than 5% as enlargement shares led Friday’s sell-off. The decline got here whilst Needham initiated protection of Snowflake with a purchase ranking, because the Wall Boulevard company sees attainable new makes use of for its platform.

    CrowdStrike – Regardless that MKM referred to as the cybersecurity corporate a purchase and mentioned it’s in a “league of its personal,” the inventory used to be down greater than 4% because it were given hit by way of the sell-off.

    Netflix – Citi raised the cost goal for the stalwart streaming platform to $305 from $275 whilst calling it the most productive street for on-demand video services and products. Stocks received 1%.

    Amazon – The e-commerce titan used to be down 3% amid a big sell-off. UBS mentioned it felt “just right” in regards to the corporate’s retail enlargement and benefit margins.

    Adobe – Adobe’s inventory constructed on Thursday’s declines, sinking 4.5% after a slew of downgrades from Wall Boulevard analysts. Financial institution of The usa downgraded the era inventory to impartial because it awaits additional readability on Adobe’s Figma acquisition.

    Baidu – U.S-traded stocks for the Chinese language web seek supplier fell greater than 4% in spite of UBS ranking it a purchase with an “horny” possibility/praise ratio. This follows every week of declines for the corporate’s proportion price.

    FirstEnergy — Stocks jumped 1.5% following a statement that FirstEnergy CEO Steve Strah is retiring, with board chair John W. Somerhalder II to exchange him on an period in-between foundation because the board conducts a CEO seek.

    Boeing – The aerospace corporate identified for its industrial planes used to be down greater than 4%. The corporate mentioned Friday it plans to promote a few of its 737 Max planes earmarked for China.

    — CNBC’s Samantha Subin, Tanaya Macheel, Yun Li, Michelle Fox and Sarah Min contributed reporting.

  • 3 takeaways from Friday’s assembly, together with how defensive performs are wins on this two-sided marketplace

    Each weekday the CNBC Making an investment Membership with Jim Cramer holds a “Morning Assembly” livestream at 10:20 a.m. ET. Here is a recap of Friday’s key moments. There’s a bifurcation available in the market Fast hit: AMZN, PG, DHR, AAPL Membership occasions to wait for subsequent week 1. There’s a bifurcation available in the market Shares had been down on Friday after FedEx (FDX) warned of a worsening world economic system. Shipping shares are usually observed as a bellwether for the economic system. Wall Boulevard was once headed for a shedding week that will greater than wipe-out the prior week’s good points. FedEx CEO Raj Subramaniam instructed Jim Cramer in an interview for Thursday’s “Mad Cash” that he believes the worldwide economic system is headed for a recession. Whilst we are attempting to determine how a lot of FedEx’s steerage was once because of macro headwinds as opposed to any issues the corporate may’ve had, we are certain about something. There are two markets at the moment: one this is defensive and no longer economically delicate and some other this is nonetheless going to get harm by means of the state of the worldwide economic system and robust buck. 2. Fast hit: AMZN, PG, DHR, AAPL Whilst Amazon (AMZN) does habits industry with FedEx, we’re sticking by means of our determination to shop for extra stocks when it reaches $120. We are bullish on Procter & Gamble (PG), a defensive inventory, because it sells must-have shopper staples and its commodity prices are starting to ease. We purchased 25 extra stocks Friday . Danaher (DHR) is doing the whole thing proper, particularly taking into account its certain profits preannouncement and its plans to split its Environmenal and Carried out Answers unit. That is a large win for shareholders like us. Taking a look like Apple (AAPL), it has an enormous selection of orders for its new iPhone 14 Professional and Professional Max, making us consider the inventory is a purchase as shares cross down. 3. Membership occasions to wait for subsequent week Whilst Nvidia (NVDA) CEO Jensen Huang regularly wows buyers when he speaks concerning the corporate, we are not certain what to anticipate at its GTC convention Sept. 19-22 after the corporate warned of difficult gaming prerequisites and chip export restrictions in August. Salesforce (CRM) holds its Dreamforce tool convention Sept. 20-22. Then again, Jim stated Friday that the inventory isn’t a purchase at the moment as a result of a large portion in their industry is in a foreign country, which is getting harm by means of the robust U.S. buck. Qualcomm (QCOM) holds its car investor day Sept. 22. Final week, we purchased extra stocks as a result of we proceed to consider the inventory’s undemanding ahead profits a couple of does no longer correctly replicate the corporate’s diversification efforts into car and web of items income streams. Costco (COST) will record its fiscal fourth-quarter effects on Sept. 22. CEO Craig Jelinek instructed Jim on Tuesday that he sees inflation turning round in six to twelve months . Reviewing the wholesaler store’s per 30 days gross sales figures, they remain robust whilst inflation persists. (Jim Cramer’s Charitable Consider is lengthy AMZN, AAPL, CRM, DHR, PG, NVDA, QCOM. See right here for a complete checklist of the shares.) As a subscriber to the CNBC Making an investment Membership with Jim Cramer, you are going to obtain a business alert prior to Jim makes a business. Jim waits 45 mins after sending a business alert prior to purchasing or promoting a inventory in his charitable believe’s portfolio. If Jim has talked a couple of inventory on CNBC TV, he waits 72 hours after issuing the business alert prior to executing the business. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB. NO SPECIFIC OUTCOME OR PROFIT IS GUARANTEED.

  • Uber investigates ‘cybersecurity incident’ after studies of a hack at the corporate

    Uber mentioned it’s “these days responding to a cybersecurity incident” after studies {that a} hacker compromised its methods.

    Rafael Henrique | Sopa Photographs | Lightrocket | Getty Photographs

    Uber on Thursday mentioned it’s investigating a cybersecurity incident following studies that the ride-hailing corporate were hacked.

    “We’re these days responding to a cybersecurity incident,” Uber mentioned in a remark on Twitter. “We’re involved with legislation enforcement and can publish further updates right here as they turn into to be had.”

    A hacker received regulate over Uber’s inside methods after compromising the Slack account of an worker, in line with the New York Instances, which says it communicated with the attacker at once. Slack, a place of job messaging carrier, is utilized by many tech firms and startups for on a regular basis communications.

    Uber has now disabled its Slack, in line with a couple of studies. Stocks of Uber declined just about 4% in premarket buying and selling Friday.

    After compromising Uber’s inside Slack in a so-called social engineering assault, the hacker then went directly to get entry to different inside databases, the Instances reported.

    A separate record, from the Washington Submit, mentioned the alleged attacker advised the newspaper that they had breached Uber for amusing and may leak the corporate’s supply code in a question of months.

    Staff to start with concept the assault to be a shaggy dog story and replied to Slack messages from the alleged hacker with emojis and GIFs, the Submit reported, bringing up two other people acquainted with the subject.

    Screenshots shared on Twitter counsel the hacker additionally controlled to take over Uber’s accounts with Amazon Internet Products and services and Google Workspace, and achieve get entry to to inside monetary information.

    CNBC used to be not able to independently test the ideas. Uber declined to remark past its remark posted on Twitter.

    Whilst it isn’t solely transparent but how Uber’s methods have been compromised, cybersecurity researchers mentioned preliminary studies point out the hacker eschewed refined hacking ways in choose of social engineering. That is the place criminals prey on other people’s credulity and inexperience to achieve access to company accounts and delicate information.

    “This can be a lovely low-bar to access assault,” mentioned Ian McShane, vice chairman of technique at cybersecurity company Arctic Wolf. “Given the get entry to they declare to have received, I am stunned the attacker did not try to ransom or extort, it seems like they did it ‘for the lulz’.”

    “It is evidence as soon as once more that incessantly the weakest hyperlink for your safety defenses is the human,” McShane added.

    Information of the assault comes as Uber’s former safety leader, Joe Sullivan, is status trial over a 2016 breach wherein the information of 57 million customers and drivers have been stolen. In 2017, the corporate admitted to concealing the assault and, the next 12 months, paid $148 million in a agreement with 50 U.S. states and Washington, D.C.

    Uber has tried to scrub up its symbol within the wake of the go out of Travis Kalanick in 2017, the arguable former CEO who based the corporate in 2010. However scandals and controversies from Kalanick’s tumultuous tenure proceed to hang-out the company.

    In July, The Dad or mum reported at the leak of 1000’s of paperwork which detailed how Uber driven into towns around the globe, although it intended breaking native regulations. In a single example, former CEO Travis Kalanick mentioned that “violence promises good fortune” after being faced via different executives about considerations for the protection of Uber drivers despatched to a protest in France.

    Based on The Dad or mum’s reporting on the time, Uber mentioned the occasions have been associated with “previous conduct” and “now not in step with our provide values.”

  • This is how we are located in 4 sectors and one of the vital shares we love in each and every

    CNBC’s Jim Cramer gave buyers recommendation on learn how to construct a powerful portfolio throughout the Federal Reserve’s combat to cut back inflation.