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Amazon Pitches Alexa AI to Enhance Customers' Loyalty to Prime

Amazon Pitches Alexa AI to Enhance Customers' Loyalty to Prime

Bloomberg06-03-2025
Welcome to Tech In Depth, our revamped daily newsletter with reporting and analysis about the business of tech from Bloomberg's journalists around the world. Today, Matt Day looks at Amazon's plan to make money from an AI-enhanced Alexa.
Google tests AI search: The company unveiled a new artificial intelligence mode for search that it hopes will provide users answers to more complicated questions that can't be asked in a simple query.
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XTransfer Attends Brazil's Largest E-Commerce Summit
XTransfer Attends Brazil's Largest E-Commerce Summit

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XTransfer Attends Brazil's Largest E-Commerce Summit

Focusing on the Development of the Brazilian and Latin American Markets São Paulo, Brazil--(Newsfile Corp. - August 13, 2025) - XTransfer, the World's Leading & China's No.1 B2B Cross-Border Trade Payment Platform, recently participated in Fórum E-Commerce Brasil 2025, the largest and most influential e-commerce summit in Brazil. The event brought together leading Latin American e-commerce platforms, including Mercado Libre, Amazon, and TikTok, among others. During the event, XTransfer announced its commitment to deepening its presence in Brazil and the Latin American market, partnering with local banks and financial institutions to provide secure, convenient, and compliant cross-border payment solutions for SMEs in Brazil and across Latin America. XTransfer's Leader in Brazil Office at the Forum. To view an enhanced version of this graphic, please visit: Currently, Brazil is the largest e-commerce market in Latin America. According to data from Latin American analytics platform PCMI, Brazil's total e-commerce transaction volume exceeded USD 346 billion in 2024. The platform also forecasts that by 2027, over two-thirds of Brazilians will be online shoppers, and e-commerce transaction volume will reach USD 586 billion. The number of online shoppers in Brazil has surpassed 100 million, with cross-border shopping demand continuously growing, and more SMEs actively participating in international trade. The overall e-commerce market in Latin America is also experiencing rapid development, showing enormous potential. XTransfer's Leader in Brazil Office stated at the forum, "The e-commerce development in Brazil and Latin America is booming, and consumers' demand for cross-border payments and local collection is increasing. XTransfer is working closely with local banks and financial institutions in Brazil to provide SMEs with safe, compliant, and low-cost local payment and collection services, helping companies reduce international payment costs, improve operational efficiency, and seize global opportunities." Through XTransfer accounts, global foreign trade enterprises can directly receive payments from Brazilian buyers in Brazilian Real (BRL). Buyers in Brazil and across Latin America can use PIX (Brazil's instant payment method) to pay suppliers in China and worldwide in BRL, eliminating the need for complex foreign exchange procedures and reducing intermediaries and exchange losses. In the future, XTransfer will continue to expand its cooperation network in the Latin American market, promote global trade facilitation, and empower more enterprises to go international. Hashtag: #XTransfer #Crossborder #Payment #SMEs #EmergingMarkets #Brasil The issuer is solely responsible for the content of this announcement. About XTransfer XTransfer, the world-leading and China's No.1 B2B Cross-Border Trade Payment Platform, is dedicated to providing small and medium-sized enterprises (SMEs) with secure, compliant, fast, convenient and low-cost foreign trade payment and fund collection solutions, significantly reducing the cost of global expansion and enhancing global competitiveness. Founded in 2017, the company is headquartered in Shanghai and has branches in Hong Kong SAR, the United Kingdom, the Netherlands, the United States, Canada, Australia, Singapore, Vietnam, Thailand, Malaysia, the Philippines, the UAE, and Nigeria. XTransfer has obtained local payment licences in Mainland China, Hong Kong SAR, Singapore, the United Kingdom, the Netherlands, the United States, Canada, and Australia. To date, XTransfer serves over 700,000 enterprise clients worldwide. Founded in 2017, the company is headquartered in Shanghai and has branches in Hong Kong SAR, the United Kingdom, the Netherlands, the United States, Canada, Australia, Singapore, Vietnam, Thailand, Malaysia, the Philippines, the UAE, and Nigeria. XTransfer has obtained local payment licences in Mainland China, Hong Kong SAR, Singapore, the United Kingdom, the Netherlands, the United States, Canada, and Australia. By cooperating with well-known multinational banks and financial institutions, XTransfer has built a unified global multi-currency clearing network and a data-based, automated, internet-based and intelligent anti-money laundering risk control infrastructure centred on SMEs. XTransfer uses technology as a bridge to link large financial institutions and SMEs around the world, allowing SMEs to enjoy the same level of cross-border financial services as large multinational corporations. XTransfer completed its Series D financing in September 2021 and achieved unicorn status. The company has a diverse composition of international investors, including D1 Capital Partners LP, Telstra Ventures, China Merchants Venture, eWTP Capital, Yunqi Capital, Gaorong Capital, 01VC, MindWorks and Lavender Hill Capital Partners. For more information, please visit: Maggie Ng PR Director To view the source version of this press release, please visit

Solve Your Charging Needs With This 3-in-1 Anker Charging Stand at an All-New Lowest Price for a Limited Time
Solve Your Charging Needs With This 3-in-1 Anker Charging Stand at an All-New Lowest Price for a Limited Time

CNET

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Solve Your Charging Needs With This 3-in-1 Anker Charging Stand at an All-New Lowest Price for a Limited Time

If you're someone with a lot of devices to charge -- and believe me, I understand -- then you'll likely be on the lookout for useful charging solutions. It can be handy to consolidate everything into one device, and I've found a great deal for doing just that. Amazon has the Anker MagSafe 3-in-1 charging station down to just $63, which is a new all-time low for this practical device. This thing can, as its name suggests, charge multiple devices at once, and it's a great addition to any desk or bedside table. But it's also a limited-time deal, which means it won't last forever. This wireless charging stand allows you to charge all your essential devices simultaneously without crowding your nightstand or side table. It has a 15-watt wireless dock that's both MagSafe and Qi2 compatible for your phone, and you can adjust the tilt to easily see the screen while it charges. Hey, did you know? CNET Deals texts are free, easy and save you money. It's also got a wireless charging pad for your earbuds on the base and can fully recharge your Apple Watch in just over an hour. Plus, its space-saving design is roughly the same size as a coffee mug. This deal comes with a 5-foot cable and 40-watt power adapter so you can take full advantage of the fast-charging speeds. Why this deal matters This three-in-one stand delivers 15 watts of wireless charging power and can help you save a ton of space on your nightstand or desk. Anker has a sterling track record of making some of the absolute best charging accessories on the market, so a chance to grab any of its gadgets at a record-low price is a deal you should seriously consider.

Is A Bumper Fed Rate Cut Next?
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Is A Bumper Fed Rate Cut Next?

Global stocks have climbed to a record high after the latest US inflation data eased price concerns and strengthened bets on a Federal Reserve interest-rate cut next month. The MSCI All Country World Index hit an all-time peak, following Wall Street's surge, as money markets came close to pricing in a 25-basis-point reduction at the Fed's next meeting. While core US inflation accelerated to its fastest pace since the start of the year, a modest rise in goods prices has tempered fears that the cost of tariffs could push up prices more broadly. Our Markets Live Managing Editor Kristine Aquino joins Stephen Carroll on Bloomberg Radio to discuss. (Source: Bloomberg)

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