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Amazon Acquires AI Wearables Company Bee, Embedded Vehicle Payments Advance & Futuristic Tm:rw Opens in Times Square
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Welcome to Omni Talk's Retail Daily Minute, sponsored by RetailClub and Mirakl.
In today's Retail Daily Minute:
- Amazon snaps up AI wearables company Bee in an undisclosed deal, adding conversation-recording technology to its AI portfolio as CEO Andy Jassy focuses on subscription revenue growth and AI-powered customer service innovations.
- Embedded vehicle payments move forward as the payments industry drives plans for seamless in-car transactions at gas stations, parking, and charging locations, with Mercedes-Benz, Hyundai, and BMW leading early adoption despite infrastructure challenges.
- Tm:rw opens a groundbreaking 20,000-square-foot experiential store in Manhattan's Times Square, featuring next-generation technology from 120+ brands across gaming, wellness, and entertainment categories in the space formerly occupied by a massive McDonald's.
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Be careful out there!
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