Amazon.com Inc $AMZN is intensifying its investment in artificial intelligence (AI) and robotics to enhance efficiency across its vast logistics and delivery network. In a recent announcement, the tech and e-commerce giant outlined plans to deploy multifunctional warehouse robots and improve last-mile delivery speeds, signaling a transformative shift in how AI supports operational scalability. This move aligns with Amazon’s ongoing efforts to reduce costs, accelerate package fulfillment, and stay competitive in a fast-evolving global supply chain landscape.
Victoria’s Secret $VSCO reported a significant cybersecurity incident that forced the company to temporarily shut down its e-commerce website and corporate IT systems last week. The shutdown, which began on May 26 and lasted until May 29, was implemented as a precautionary measure to prevent unauthorized access and mitigate potential network threats. This event underscores increasing cybersecurity risks confronting retail companies reliant on digital platforms for sales and customer engagement.
Amid escalating U.S.–China tech tensions, semiconductor design software giant Synopsys Inc. $SNPS has directed its staff in China to suspend all services and halt new sales following the latest wave of U.S. export restrictions. This internal directive comes as Washington tightens its grip on technology transfers to Beijing, aiming to curb China's access to advanced chip design capabilities critical for artificial intelligence and defense applications.