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Amid the challenges brought by the COVID-19 pandemic and global economic uncertainty, Huawei also called on telecom carriers to focus on both short-term and long-term goals.

Amazon’s shipping costs have ballooned in recent years as the company aims to speed up delivery. In 2018, Amazon spent .7 billion on shipping, an increase of billion or roughly 27.6 percent over the prior year, according to GeekWire research. Worldwide shipping costs reached .3 billion in the first quarter, up 21 percent year-over-year.

Amazon’s Echo speaker with Alexa is?an example of an invention that no customer asked for. If we had gone to customers, six years ago or seven years ago, and we said, “Look, would you buy a black cylinder that you plug into the wall in your kitchen, and you can ask it what time it is, set timers, ask it what the weather is, ask it to play music for you,” they would have said, “No, I will not buy that.”

Amazon’s record quarter: .5B in profits is biggest ever as tech giant comes up just short on sale

Amazon’s quest to become a powerhouse in brick-and-mortar retail continues, with the company opening new book stores in Bellevue, Washington and San Jose, California this week. The opening of the stores brings the number of Amazon bookstores to 10 across the country. The company first made its mark in physical bookstores in 2015 with the opening of a store in Seattle’s University Village shopping mall.