Coronavirus Updates: Amazon Ready to Postpone 'Prime Day' Due to Pandemic

Here are the latest headlines regarding how the novel coronavirus is impacting the Los Angeles startup and tech communities. Sign up for our newsletter and follow dot.LA on Twitter for the latest updates.

Amazon set to postpone its Prime Day event until the fall as retailer catches up with backlog

cdn.geekwire.com

Amazon plans to move its annual Prime Day sales event from summer to fall due to disruptions caused by the coronavirus pandemic. The event, typically held in July, offers department discounts on products for members of the subscription service and has also been used as a promotion for Amazon Studios streaming fare.

The Wall Street Journal reports the shift is part of a broader effort by Amazon to return to more ordinary operations. The company recently started accepting non-essential items from third-party sellers to its warehouses. Those shipments had been temporarily paused while Amazon caught up.

Amazon has been grappling with a surge in demand for weeks as customers sheltering at home turn to online shopping as a lifeline. The company expects to narrow delays in its typically reliable fast shipping but a return to pre-pandemic speeds may not be possible in the near term, WSJ reports. – GeekWire

Subscribe to our newsletter to catch every headline.

The Los Angeles City Council capped service charges third-party delivery services like Postmates, Grubhub, Uber Eats can pass on to restaurants at 15% of the purchase price during the pandemic following similar moves in San Francisco, Seattle and other major cities.

Restaurants have long complained about charges from the popular apps as high as 30% are eating away at their business, and those worries have grown during the pandemic, as owners find themselves relying more heavily on the services.

Read more Show less

RealNetworks is releasing a browser extension that automatically identifies celebrities and other public figures in YouTube and Netflix videos, using the same facial recognition technology that the company originally developed for use with live surveillance video at schools, casinos and airports."StarSearch by Real" doubles as a video navigation tool, pinpointing the places the celebs appear in the videos, and letting users quickly jump to those spots.

Read more Show less

Venture capital has fueled billions of dollars in wealth but it has largely excluded black Americans. Only 1% of venture-funded startup founders are black and more than 80% of venture firms don't have a single black investor.

Blck VC, a group of young black investors and entrepreneurs are calling on the venture capitalist community to diversify their ranks and support the black community. Declaring Thursday, June 4th, a day of action, the group launched a campaign called "We Won't Wait."

Read more Show less
RELATEDEDITOR'S PICKS

Trending