Amazon Faces Economic Challenges, Continues Cost-Cutting

Amazon is continuing the cost-cutting that CEO Andy Jassy emphasized when the company reported a $2 billion loss in Q2. The company is shutting down Amazon Explore, a virtual tourism initiative launched during the COVID-19 lockdown, unplugging the robotics ventures Canvas and ORCA, and dimming the lights on the Amazon Glow, a video-calling projector for kids. In recent weeks, Amazon also confirmed the end of field tests for the autonomous delivery service Scout. This in the wake of a hiring freeze at its retail division and the closure of the Amazon Care telehealth venture. Continue reading Amazon Faces Economic Challenges, Continues Cost-Cutting

Amazon Explore Platform Delivers Unique Virtual Experiences

Amazon debuted Explore, a platform for live classes, sightseeing tours, personal shoppers and other virtual experiences hosted by local experts. The video is one-way but the audio is two-way so the user can ask questions and make requests of the video’s host. Among the offerings are a $129 bagel cooking class and, for $70, a 45-minute virtual tour of a Lima, Peru mansion. At launch, Explore offers 86 experiences across 16 countries, but the platform has potential for significant growth. Other companies offering virtual experiences include Airbnb and fitness company ClassPass. Continue reading Amazon Explore Platform Delivers Unique Virtual Experiences