AMZN - Amazon.com, Inc.

NasdaqGS - NasdaqGS Real-time price. Currency in USD
1,777.43
+10.05 (+0.57%)
At close: 4:00PM EDT
Stock chart is not supported by your current browser
Previous close1,767.38
Open1,773.33
Bid0.00 x 800
Ask1,793.00 x 2200
Day's range1,770.62 - 1,786.08
52-week range1,307.00 - 2,035.80
Volume2,643,572
Avg. volume3,262,000
Market cap879.216B
Beta (3Y monthly)1.63
PE ratio (TTM)73.74
EPS (TTM)24.10
Earnings date24 Oct 2019
Forward dividend & yieldN/A (N/A)
Ex-dividend dateN/A
1y target est2,301.86
Trade prices are not sourced from all markets
  • Twitter Q3 2019 Earnings Preview: Buy TWTR Stock Up 40% in 2019?
    Zacks

    Twitter Q3 2019 Earnings Preview: Buy TWTR Stock Up 40% in 2019?

    Twitter (TWTR) stock has surged roughly 40% in 2019 to fall just behind Facebook's (FB) 45%. Despite the run of success, Twitter shares remain an enigma to many on Wall Street...

  • The most valuable brands in the world revealed
    Yahoo Finance UK

    The most valuable brands in the world revealed

    Apple, Google and Amazon remain the most valuable companies in the world in 2019, while Facebook has slipped from the top 10.

  • Amazon (AMZN) Q3 2019 Earnings Preview: AWS, Prime & Advertising
    Zacks

    Amazon (AMZN) Q3 2019 Earnings Preview: AWS, Prime & Advertising

    Amazon stock is down 11% in the last three months heading into its Q3 earnings release on Thursday, October 24. So let's see what to expect from the e-commerce giant, including AWS, Prime, and advertising...

  • IBM Misses Estimates as Red Hat Fails to Offset Declines
    Bloomberg

    IBM Misses Estimates as Red Hat Fails to Offset Declines

    (Bloomberg) -- International Business Machines Corp. reported third-quarter revenue that missed Wall Street estimates, with the long-awaited revenue infusion from Red Hat failing to compensate for continued declines in other parts of its business.Total revenue was $18 billion in the three months ended Sept. 30, down 3.9% from a year earlier, the Armonk, New York-based company said in a statement Wednesday. Analysts had forecast $18.2 billion. It marked the fifth consecutive quarter of shrinking sales at IBM, while analysts had been looking for signs that Red Hat, which was incorporated for the first time in these results, would change the narrative.In July, IBM completed the purchase of the open-source software provider for $34 billion – sealing the world’s second-largest technology deal. Adjusted revenue from Red Hat was $371 million in the third quarter, better than the $350 million IBM told investors it was expecting in August. Red Hat was folded into IBM’s cloud and cognitive software unit, which pulled in $5.3 billion in revenue, up 6.4% from a year earlier.Still, IBM’s overall sales declined due to divestitures from commerce software businesses, foreign currency effects and poor performance in one of its key units. Revenue from Global Technology Services, the company’s infrastructure and tech support unit, fell 5.6% to $6.7 billion. Global Business Services revenue, which includes IBM’s consulting arm, increased only 1% to $4.1 billion. The shares fell 3.2% in extended trading. They had gained 25% this year through the close of trading Wednesday.“The one thing IBM doesn’t need is a disappointing quarter,” Ian Campbell, CEO of Boston-based Nucleus Research, said in an interview before the results were released. “There have been so many quarters that have shown a downward trend in revenue. This quarter we need to see some change as IBM has fallen to the point where they have no name recognition.”Chief Executive Officer Ginni Rometty is pegging IBM’s future to a hybrid cloud strategy by using Red Hat to offer enhanced security services on private and multiple public clouds. IBM hopes this new plan will allow it to partner with top cloud rivals like Amazon Web Services and Microsoft Corp.’s Azure, rather than being left behind in a trillion-dollar market where it’s been seeking growth for a decade.Analysts and investors might have to wait a little longer to see any real uptick in revenue growth from Red Hat. Chief Financial Officer Jim Kavanaugh said in an interview that IBM will be back to a sustained level of revenue growth in 2020.Earnings excluding some costs were $2.68 a share, largely in line with the average analyst projection of $2.67. IBM reiterated it sees full-year adjusted operating profit of $12.80 a share. (Updates with forecast for full-year operating profit in final paragraph.)To contact the reporter on this story: Olivia Carville in New York at ocarville1@bloomberg.netTo contact the editors responsible for this story: Jillian Ward at jward56@bloomberg.net, Molly SchuetzFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Netflix stock spikes after Q3 earnings beat expectations
    Yahoo Finance

    Netflix stock spikes after Q3 earnings beat expectations

    Netflix (NFLX) beat third-quarter earnings expectations, just before competitors launch a new batch of streaming services next month.

  • Tech Stocks for Dividend Investors to Buy as Q3 Earnings Season Heats Up
    Zacks

    Tech Stocks for Dividend Investors to Buy as Q3 Earnings Season Heats Up

    We used our Zacks Stock Screener to search for companies within the broader technology sector that also pay a dividend that investors might want to buy as Q3 earnings season heats up...

  • India's Sitharaman: US trade pact a 'good possibility,' should come soon
    Yahoo Finance

    India's Sitharaman: US trade pact a 'good possibility,' should come soon

    As U.S. President Donald Trump hammers out a partial trade deal with China, Washington is moving forward on another front: India.

  • Counterfeits Put Google in Trouble as InvenTel Lawsuit Cleared
    Market Realist

    Counterfeits Put Google in Trouble as InvenTel Lawsuit Cleared

    A federal judge in New Jersey has cleared InvenTel Products to proceed with its lawsuit against Google (GOOGL), Reuters reports.

  • Zacks

    Google Expands Device Lineup: Key Made by Google Takeaways

    Alphabet's (GOOGL) Google rolls out Pixel 4 smartphones, Pixelbook Go laptop, Nest Mini, Nest Wi-Fi and Pixel Buds, which will bolster its presence in the electronic gadgets space.

  • Elizabeth Warren wants to break up big tech. Other candidates aren't so sure
    Yahoo Finance

    Elizabeth Warren wants to break up big tech. Other candidates aren't so sure

    Throughout the fourth Democratic presidential debate, Sen. Elizabeth Warren continued to argue for breaking up big tech companies, but not everyone on the stage was ready to take that stand.

  • CrowdStrike CEO gives perfect answer on post IPO stock price tumble
    Yahoo Finance

    CrowdStrike CEO gives perfect answer on post IPO stock price tumble

    Crowdstrike remains a business on fire, even if some on Wall Street are voicing views to the contrary.

  • CenturyLink Augments Network Connectivity to Google Cloud
    Zacks

    CenturyLink Augments Network Connectivity to Google Cloud

    The expansion of CenturyLink's (CTL) Cloud Connect Dynamic Connections service to Google Cloud Platform will facilitate business enterprises to seamlessly connect and control bandwidth according to their requirements.

  • Netflix (NFLX) to Report Q3 Earnings Today: Things to Watch
    Zacks

    Netflix (NFLX) to Report Q3 Earnings Today: Things to Watch

    No matter which way Netflix's stock moves following the earnings release, slump in subscriber addition and rise in streaming competition are likely to show on its third-quarter results.

  • Investing.com

    StockBeat: Amazon Gets Price-Target Hike Ahead of Earnings

    Investing.com – Amazon (NASDAQ:AMZN) continues to rack up gains after Credit Suisse (SIX:CSGN) hiked its price target on the company’s stock, betting that its advertising business will boost margins and cash flows at a time when the e-commerce giant's cloud business is expected to continue to slow.

  • Business Wire

    Intersect Music Festival Announces Full 2019 Lineup

    Foo Fighters, Kacey Musgraves, Anderson .Paak & The Free Nationals, Beck, Gesaffelstein, Brandi Carlile, H.E.R., Jamie xx, to be joined by newly added artists, including SOPHIE

  • UK watchdog launches probe into Amazon's Deliveroo investment
    Yahoo Finance UK

    UK watchdog launches probe into Amazon's Deliveroo investment

    Amazon was the lead investor in a $575m funding round announced by Deliveroo earlier this year.

  • Amazon's deal with Deliveroo examined by competition watchdog
    The Guardian

    Amazon's deal with Deliveroo examined by competition watchdog

    CMA will decide if investment seriously lessens competition in UK food delivery market. British regulators have launched an inquiry into whether a large investment by Amazon into the online takeaway delivery company Deliveroo breached competition rules. The Competition and Markets Authority (CMA) said it had begun the first phase of an investigation, after the US technology firm revealed that it was the lead investor in a $575m (£452m) funding round in Deliveroo. When it was announced in May, the deal sent shockwaves through the burgeoning and fiercely competitive food delivery sector, as investors anticipated Amazon using its financial muscle to take business from rivals. Amazon’s first foray into takeaway delivery in Britain, Amazon Restaurants UK, failed in December 2018, barely two years after it opened. However, it continues to run its Amazon Fresh service, which delivers groceries to customers, and the company has spent millions worldwide on logistics technology that could give it an edge over competitors. Other deep-pocketed rivals in the sector include Uber Eats, owned by the US taxi app, and Just Eat, the British-headquartered FTSE 100 company, which is in the midst of a takeover by Netherlands-based Takeaway.com. Deliveroo, founded in London by the former investment banker Will Shu, made a loss of £232m last year despite a 72% rise in sales as it doubled the number of towns and cities in which it operates. The companies did not disclose the size of Amazon’s investment, but said it was a minority investment that did not give Amazon control of Deliveroo. However, the CMA said in July it had “reasonable grounds for suspecting” Amazon and Roofoods, which trades as Deliveroo, had ceased to be distinct or were planning to merge, which would break competition rules. The CMA ordered Amazon and Deliveroo to pause integration efforts in July. In a short statement on Wednesday, the CMA said the deal met the criteria for a full investigation. The phase one investigation will decide whether the deal has created a serious lessening of competition in the British food delivery market. If the CMA finds that is the case the companies can offer remedies, or a lengthier phase two investigation can be started, which could lead to a final decision on whether the deal is allowed. The regulator has until 11 December to decide whether to proceed to the second phase of an investigation. A spokesperson for Deliveroo said: “Deliveroo is cooperating fully with the CMA. This minority investment will help to create jobs, help restaurants to grow their businesses, improve choice for consumers and enhance competition in the UK food delivery sector.” A spokesman for Amazon declined to comment.

  • Amazon’s Deliveroo Deal Faces Review From U.K. Watchdog
    Bloomberg

    Amazon’s Deliveroo Deal Faces Review From U.K. Watchdog

    (Bloomberg) -- Want the lowdown on European markets? In your inbox before the open, every day. Sign up here.The U.K. competition regulator has started a review into Amazon.com Inc.’s bid to buy a slice of fast-growing food delivery startup Deliveroo, adding to the e-tailing giant’s antitrust woes around the globe.The Competition and Markets Authority said on its website Wednesday it’s investigating the purchase of rights and a minority shareholding in Roofoods Ltd., which does business under the Deliveroo brand. The first phase will wrap up by Dec. 11, it said.The investigation comes after the regulator said in July it had “reasonable grounds” to believe Amazon and Deliveroo, which operates a fleet of smartphone-navigated scooters and bicycles to deliver food from local restaurants, had either ceased to be separate operations or were close to merging. While CMA reviews into mergers are relatively common, it’s unusual for the regulator to examine acquisitions of minority stakes.A spokesman for Amazon declined to comment, while a representative for Deliveroo didn’t immediately return a message inquiring about the review.U.S. Democratic presidential contender Elizabeth Warren on Tuesday called out Amazon for running an online marketplace and competing with third-party sellers on the platform as the European Union’s competition czar investigates whether the company is shortchanging smaller merchants in that dual role. Amazon also faces separate antitrust scrutiny from the U.S. Federal Trade Commission and Justice Department.Cash InjectionIn May, Amazon said it would invest in a $575 million funding round to help the London-based startup expand its technology team and network after closing down its own food delivery business in the capital last year. U.K. food delivery has become fiercely competitive, and Deliveroo’s rivals include Just Eat Plc and Uber Technologies Inc.That rivalry has driven acquisition talk across the industry. Just Eat and Takeaway.com NV agreed in July to a 5 billion-pound ($6.4 billion) combination, less than six months after Takeaway.com spent about $1 billion for the German operations of rival Delivery Hero SE. Spanish food delivery startup Glovo has also drawn preliminary interest from Uber and Deliveroo in recent months, people familiar with the matter said previously.Deliveroo said this month that while global sales from its food-delivery business had increased 72% in 2018, profitability remained elusive. The company said it lost 232 million pounds last year compared to 199 million pounds a year earlier.Amazon has signaled its growing ambitions in the U.K. grocery market with Prime Now, which delivers in major British cities within two hours. It faces stiff domestic competition from the likes of Ocado Group Plc, an online grocery pioneer that licenses its technology to the likes of Kroger Co. and aims to halve the Prime Now delivery time with a service called Zoom.(Adds Amazon’s response in fourth paragraph, background on acquisitions from sixth paragraph)\--With assistance from Stephanie Bodoni.To contact the reporters on this story: Hugo Miller in Geneva at hugomiller@bloomberg.net;Christopher Elser in London at celser@bloomberg.netTo contact the editors responsible for this story: Giles Turner at gturner35@bloomberg.net, Amy Thomson, Nate LanxonFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Reuters - UK Focus

    UPDATE 2-UK watchdog opens formal probe of Amazon Deliveroo deal

    Britain's competition regulator said on Wednesday it had launched a formal investigation into Amazon.com Inc's investment in food delivery company Deliveroo, setting a Dec. 11 deadline for a decision https://reut.rs/2ONs4b0 on the first phase of its probe. The Competition and Markets Authority (CMA) said it was looking into whether Amazon's investment in May, when it led a $575 million fundraising, could result in a "substantial lessening of competition" within the United Kingdom. Deliveroo is one of Europe's fastest growing tech companies and uses 60,000 riders dressed in black and teal jackets to deliver meals from more than 80,000 restaurants and takeaway outlets in 13 countries.

  • MercadoLibre Plans to Double Down on Its Brazilian Bet Next Year
    Bloomberg

    MercadoLibre Plans to Double Down on Its Brazilian Bet Next Year

    (Bloomberg) -- MercadoLibre Inc. will “for sure” invest more than 3 billion reais ($718 million) in Brazil next year with a focus on financial services and logistics, Chief Operating Officer Stelleo Tolda said.MercadoLibre, the e-commerce pioneer in Latin America now worth $28 billion, plans to invest more in its financial services and payments unit while opening more distribution centers and seeking partnerships to cut delivery time further, Tolda said in an interview at Bloomberg’s Sao Paulo office.The early guidance on outlays for next year follows investments of 2 billion reais in Brazil last year and 3 billion reais this year. As competition heats up from the likes of Amazon.com Inc. and local retailers including Magazine Luiza SA and B2W Cia Digital, MercadoLibre is defending its market share of about 33% and looking to get customers to lean heavier on its services for day-to-day shopping and payment solutions, Tolda said.“We strongly believe in the growth potential of this business, so it’s too early to focus only on profitability,” said Tolda, who met MercadoLibre’s founder Marcos Galperin at Stanford University in the late 90‘s and has been leading the Brazil business since the start, 20 years ago.MercadoLibre, based in Buenos Aires but with operations in 18 countries and shares trading in New York, is offering same-day delivery in Sao Paulo and looking to expand its next-day delivery to at least 16 cities in 2020.The firm currently operates two distribution centers near Sao Paulo and will open facilities in other regions, to speed up its delivery in a country larger than the continental U.S.Brazilian e-commerce has more than doubled to 68.8 billion reais between 2013 and 2018 and should almost double again through 2023, according to market researcher Euromonitor International.The newest focus for the company is on the fast-moving train of fintech services courting large parts of the population without bank accounts.MercadoPago, the payments platform, has been leading growth at the company. The number of transactions more than doubled year-on-year in the second quarter with the value surging 47% to $6.5 billion. That compares to $3.4 billion in gross merchandise value from the marketplace.“We see opportunities not only in payments, but also in all financial services, including credit, investments and eventually insurance,” Tolda said. “MercadoPago is also the way through which we believe we’ll have higher recurrence in people’s lives.”MercadoLibre needs to invest in marketing for the MercadoPago brand and search out companies to provide payment solutions and individual customers to use the virtual wallet. Offering payment with cards as well as with QR codes, MercadoPago has already cut deals with a wide variety of brick-and-mortar companies in Brazil such as gas stations, drugstores and the Sao Paulo subway.MercadoLibre doesn’t plan to spin off the financial products unit, which it sees as a way to increase interactivity with customers and attract shoppers into its e-commerce platform, Tolda said. Currently, the average Brazilian e-commerce consumer buys an item per month and MercadoLibre wants to intensify the frequency of purchases to at least once a week, Tolda said.The company recently opened new categories of no-gender fashion and sustainable products in its e-commerce platform to attract younger consumers. It also plans to expand next-day delivery to 16 larger cities, from eight currently, after closing a deal with the cargo unit of airline Azul SA that could help reduce its dependence on the country’s post offices.MercadoLibre has surged 93% year-to-date to $566 on the Nasdaq. That compares to 18% for Amazon, 28% for Alibaba Group Holding and 39% for EBay Inc.After raising $1.9 billion earlier this year, including a big chunk of it from PayPal Holdings Inc., MercadoLibre is focusing on investment in its core businesses rather than any bold new acquisitions, according to Tolda. Talks are ongoing with PayPal on how to collaborate in several areas despite being competitors.“Theirs is a traditional online payment model, and we’re seeing even greater potential offline than online,” with MercadoPago, Tolda said. “It’s an interesting path, this idea of ‘frenemy,’ that exists in the technology market.”To contact the reporters on this story: Fabiola Moura in Sao Paulo at fdemoura@bloomberg.net;Vinícius Andrade in São Paulo at vandrade3@bloomberg.netTo contact the editors responsible for this story: Daniel Cancel at dcancel@bloomberg.net, ;Nick Turner at nturner7@bloomberg.net, Richard RichtmyerFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Dems Offer Grab-Bag of Tech Crackdown Ideas During Debate
    Bloomberg

    Dems Offer Grab-Bag of Tech Crackdown Ideas During Debate

    (Bloomberg) -- One of the sharper exchanges in Tuesday’s Democratic primary debate centered on the crucial public policy question of what to do about President Donald Trump’s Twitter account.During a broader back-and-forth over the power of large technology companies, Senator Kamala Harris repeatedly demanded that Senator Elizabeth Warren support her effort to pressure Twitter to kick President Donald Trump off the platform. In response, Warren steered the conversation to her commitment not to accept big checks from tech executives. Entrepreneur Andrew Yang, who had been lamenting the prevalence of smartphone addiction a moment earlier, jumped in to complain that Americans weren’t getting paid for their data. “Who remembers getting your data check in the mail?” he asked. The exchange illustrated a wider dynamic of the Democrats’ approach to tech. The candidates all agree that something needs to be done about America’s technology giants. They just can’t agree on what that something is.The need for a crackdown on large U.S. technology companies has become an area of bipartisan agreement, with Republicans and Democrats alike raising concerns about market power, privacy and the influence large tech companies have over political discourse. But unlike time-worn political flash points like abortion or gun control, the tech debate has yet to be boiled down to simple left-right bromides that candidates can repeat on the stump. The result was an unfocused conversation on the debate stage.  Warren, who was treated as the frontrunner throughout the evening, has put out the clearest plans among the Democratic candidates. For months she’s been calling to break up Facebook Inc., Amazon Inc. and Google. “I'm not willing to give up and let a handful of monopolists dominate our democracy and our economy. It's time to fight back,” she said Tuesday. Yang said he agreed with her diagnosis. “Monopolies need to be dealt with,” added Tom Steyer.But the conversation quickly shifted from antitrust to privacy to election security. And candidates weren’t just thinking about breaking up Big Tech. Senator Cory Booker called for antitrust action that focused on everything from “pharma to farms” – referencing efforts to investigate consolidation in the pharmaceutical and agricultural industry. Most candidates focused their ire on Facebook and Twitter Inc. Harris’s attempt to browbeat Warren into supporting her stance on banning Trump’s Twitter account was notable for how it highlighted a parallel with Warren’s own crusade to pressure Facebook to ban misleading Trump ads on Facebook. Warren declined to comply and called out Amazon’s dominance in online shopping, saying that it held a much larger share of online sales than Walmart does of brick-and-mortar commerce. At another moment in the debate, Senator Amy Klobuchar brought up the Honest Ads Act, a bill she co-sponsored that increases disclosure requirements on who is paying for online advertisements. For his part, former Congressman Beto O’Rourke said that Facebook should be treated like a publisher, seemingly an allusion to a 1990s-era law protecting technology platforms from much legal liability for content their users post to their websites. “We would allow no publisher to do what Facebook is doing,” O’Rourke said. On the other hand, O’Rourke said that he did not see it as the role of a presidential candidate to call out particular companies that needed to be broken up. It was a subtle dig at Warren, whose explicit plan to break up the companies has clearly made her the candidate who other candidates measure their own ideas on tech against.  To contact the author of this story: Eric Newcomer in New York at enewcomer@bloomberg.netTo contact the editor responsible for this story: Joshua Brustein at jbrustein@bloomberg.netFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Reuters - UK Focus

    UK competition watchdog launches investigation into Amazon's Deliveroo deal

    Britain's competition regulator said on Wednesday it has launched an investigation into Amazon.com Inc's investment in online food delivery firm Deliveroo. The Competition and Markets Authority (CMA) said it was looking into whether Amazon's investment in May, when it led a $575 million fundraising, could result in a "substantial lessening of competition" within the United Kingdom. The CMA said it has a Dec. 11 deadline for a decision on the first phase of its investigation.

  • Bloomberg

    Google’s Pixel Gets Unorthodox Zoom From AI

    (Bloomberg) -- Google’s latest smartphone demonstrates how artificial intelligence and software can enhance a camera’s capabilities, one of the most important selling points of any mobile device.The Pixel 4, the latest entrant in a phone line defined by its cameras, touts an upgraded ability to zoom in when shooting photos as its biggest upgrade. But the Alphabet Inc. company isn’t going about it the way that Samsung Electronics Co., Huawei Technologies Co. or Apple Inc. have done -- instead of adding multiple cameras with complicated optics, Google has opted for a single extra lens that relies on AI and processing to fill in the quality gap.In place of the usual spec barrage, Google prefers to talk about a “software-defined camera,” Isaac Reynolds, product manager on the company’s Pixel team, said in an interview. The device should be judged by the end-product, he argued, which Google claims is a 3x digital zoom that matches the quality of optical zoom from multi-lens arrays. The Pixel 4 has two lenses with a magnification factor between them that’s less than 2x, and the tech that extends that useful range is almost entirely software.The success of the Pixel’s camera is instrumental to Google’s broader ambitions: it drives Google Photos adoption, provides more fodder for Google’s image libraries, and helps create better experiences with augmented-reality applications -- such as this year’s new on-screen walking directions in Google Maps.Google’s IPhone Retort: More Cameras and AI in New Pixel PhonesSuper Res Zoom, a feature Google launched last year, uses the slight hand movements of a photographer when capturing a shot -- usually a hurdle to creating crisp images -- as an advantage in crafting an image that’s sharper than it otherwise would be. The camera shoots a burst of quick takes, each one from a slightly different position because of the camera shake, then combines them into a single image. It’s an algorithmic trick that lets Google collect more information from imaging hardware, and potentially also a moat against any rivals trying to copy Google -- because others can’t just buy the same imaging sensors and replicate the results.To augment its reliance on AI and machine-learning tasks, Google has designed and added its own Pixel Neural Core chip for the Pixel 4 lineup. It accelerates the machine-learning speed of the device and, again, is intended to differentiate Google’s offering from other Android smartphones on the market with a Qualcomm Snapdragon processor at its core.The other major tool in Google’s AI kit is called RAISR, or Rapid and Accurate Image Super Resolution, which trains AI on vast libraries of images so it can more effectively enhance the resolution of images. The system is taught to recognize particular patterns, edges and visual features, so that when it detects them in lower-quality shots, it knows how to improve them. That’s key to creating zoom with “a lot smoother quality degradation,” as Reynolds put it. With more than a billion Google Photos users, the U.S. company has a massive supply of images to train its software on.Among the other features that Google offers with the Pixel 4 is the ability to identify the faces of people that a user photographs most often and ensure that they’re prioritized when capturing new snapshots -- making sure the camera focuses on them and that their eyes aren’t closed, for instance. That use of software technology has defined Google’s devices to date and is also evident in the way Facebook Inc., Amazon.com Inc. and Apple aim to employ their own AI systems.To contact the reporter on this story: Vlad Savov in Tokyo at vsavov5@bloomberg.netTo contact the editors responsible for this story: Edwin Chan at echan273@bloomberg.net, Peter ElstromFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

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