4.6 • 1.6K Ratings
🗓️ 25 March 2024
⏱️ 12 minutes
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0:00.0 | This podcast is brought to you by Alex Partners. |
0:03.0 | Read the results of the fifth annual Alex Partners.com. |
0:18.0 | Welcome to Tech News Briefing. It's Monday, March 25th. |
0:19.8 | I'm Alex Oscela for the Wall Street Journal. Coming up on today's show, Amazon is facing new e-commerce rivals in the US. |
0:27.0 | Temu and Sheehan, both companies with Chinese routes, are coming for Amazon's crown. |
0:32.0 | W.S.J. Sebastian Herrera these routes are coming for Amazon's crown. |
0:33.0 | W.S.J. reporter Sebastian Herrera tells us what Amazon is doing to fend them off. |
0:38.0 | And then, a number of companies are developing brain implants as a way to help patients operate computers |
0:44.2 | with their thoughts. W.S.J. Science Bureau Chief Joe Craven McGinty recently saw |
0:49.5 | one being put in a patient's brain. She'll tell us about the surgery and the promises of this groundbreaking technology. |
0:58.9 | But first, Temu and Sheehan have seen their popularity in America rapidly grow over the past few years. |
1:05.2 | Both companies offer bargain prices, and Temu is spending billions of dollars on advertising. |
1:11.2 | That's not great news for Amazon, which wants to maintain its dominance in |
1:15.3 | e-commerce. W.S.J. reporter Sebastian Herrera is here to tell us what Amazon is doing to push |
1:21.0 | back. Sebastian, you report that Temu and Sheehan have, for now, |
1:25.0 | replaced Walmart and Target as Amazon's central competitive focus. |
1:29.0 | How is Amazon approaching this new competition? |
1:31.0 | So it's focusing on what it sees at its advantages, which is |
1:34.6 | fast shipping and reliability. It's expanding same-day delivery on millions of items |
1:40.6 | on products like electronics, and it's also exploring promotional campaigns |
1:45.8 | that could tout its reliability and fast delivery. Amazon's recent ads have really |
1:50.5 | focused on touching on the emotions that people can feel when shopping on Amazon. |
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