Theo Wayt

2 days ago | theinformation.com | Theo Wayt

Source: The InformationFedEx will start delivering Amazon packages for the first time since 2019, the companies confirmed on Monday. The partnership will involve FedEx delivering “select large packages,” a FedEx spokesperson said. Amazon has been handling more of its own deliveries overall in recent years, but still relies on outside firms for some portion of its packages.

1 week ago | theinformation.com | Theo Wayt

Source: The InformationAmazon has expanded its ultra-cheap Temu competitor, Amazon Haul, to the United Kingdom and Saudi Arabia, the company said on Tuesday. Amazon first launched Haul in the U.S. in November, part of an effort to respond to the rise of discount online retailers Temu and Shein. In February, The Information first reported that Amazon planned to expand Haul internationally, including to Europe and Mexico.

1 week ago | theinformation.com | Theo Wayt

Source: The InformationAmazon has made it easier to purchase books through the Kindle iOS app, after a federal judge ordered Apple last week to let app developers offer ways to buy products outside of the iPhone maker’s app store. Customers that wanted to buy a Kindle book previously had to navigate themselves to the Amazon site on a web browser to make the purchase.

1 week ago | theinformation.com | Theo Wayt

Source: The InformationFood company Wonder has raised $600 million from investors including NEA and Accel, CEO Marc Lore said on Tuesday, bringing its total money raised to more than $2 billion. Wonder plans to use the money to expand its operations beyond the New York metro area, including by opening more of its restaurants in Philadelphia and Washington, D.C., Lore told Bloomberg. The latest round values Wonder at more than $7 billion, according to the outlet.

1 week ago | theinformation.com | Theo Wayt

On Thursday, Microsoft announced it had jacked up the prices on its game products, raising the price of its flagship Xbox console by $100—or 20%—to $600. It was an extraordinary move: Five-year-old consoles like the current generation of Xboxes almost always see price cuts, not increases. To anyone even dimly aware of economic news, it was fairly obvious Microsoft’s Xbox changes were a reaction to the Trump administration’s tariffs on electronics manufactured overseas.