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Spencer Soper

Spencer Soper

Reporter at Bloomberg News - San Francisco Bureau

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Location
United States
Languages
  • English
Covering topics
  • E-Commerce

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Recent Articles

bloomberg.com

Amazon Offers Test of ‘Ultrafast’ Delivery in Two US Cities

Amazon.com Inc. plans to offer deliveries of hundreds of household items, including some fresh groceries and over-the-counter medicines, within 30 minutes in a test program beginning in Philadelphia and its home city of Seattle.
bloomberg.com

AI Shopping Bots Threaten to Upend Amazon’s E-Commerce Dominance

Welcome to Tech In Depth, our daily newsletter about the business of tech from Bloomberg’s journalists around the world. Today, Spencer Soper addresses the challenge for Amazon’s business model coming from the advent of AI shopping bots.
bloomberg.com

Amazon Ring Workers Ordered to Relocate Amid ‘AI-Powered’ Push

Amazon.com Inc.’s Ring division has ordered hundreds of customer service workers to relocate to central hubs in the US and UK amid a companywide push to streamline and automate operations.
bloomberg.com

Amazon Says Berkshire Utility Failing to Power Data Centers

Amazon.com Inc. alleges that a Berkshire Hathaway Inc.-owned utility in Oregon is failing to provide sufficient power for four new data center facilities, highlighting the strain rapid expansion of technology facilities is putting on the electric grid.
bloomberg.com

EBay Falls After Giving Weak Profit Outlook for Holiday Period

EBay Inc. gave a profit forecast for the fourth quarter that missed the average analyst estimate, stoking investor concerns about narrowing margins heading into the holiday shopping season.
bloomberg.com

Amazon Plans to Cut Corporate Jobs Across Core Departments

Amazon.com Inc. plans to cut corporate jobs in several key departments, including logistics, payments, video games and the cloud-computing unit, according to people familiar with the matter.
bloomberg.com

Amazon Launches New AI Shopping Tool in US for the Indecisive

Amazon.com Inc. is rolling out a new AI-powered tool that will recommend a specific product when shoppers are feeling overwhelmed with options.
bloomberg.com

Amazon Delivery Firms Are Bailing Amid Rising Costs, Meager Profit

In 2022, Jake Clay started an Amazon delivery firm in Odessa, Texas, after hearing about the company-sponsored program from a friend. He sank $75,000 into the business and earned more than $200,000 in the first year. An Air Force veteran, Clay, 50, felt like he’d joined an elite unit.
bloomberg.com

Amazon Aims to Hire 250,000 Holiday Season Workers, Same as 2024

Amazon.com Inc. plans to hire 250,000 workers during its peak season — unchanged from the previous two years — making the online retailer a standout in an otherwise bleak holiday labor market.
bloomberg.com

Online Holiday Spending Expected to Rise 5.3%, Fueled by Debt

US shoppers will spend $253.4 billion online in November and December, up 5.3% from 2024, according to Adobe Inc., with “buy now pay later” checkout options fueling growth.
bloomberg.com

Amazon, FTC Reach $2.5 Billion Deal in Prime Subscription Case

Amazon.com Inc. agreed to pay $2.5 billion in penalties and refunds and change its process for how to cancel its Prime subscription to settle a lawsuit by the US Federal Trade Commission.