Transcript
A (0:01)
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Here's your TNB Tech minute for Tuesday, April 29th. I'm Victoria Craig for the Wall Street Journal, Amazon considered displaying the impact of tariffs during the checkout process on its low cost site hall. The White House called the idea hostile and political. People familiar with the matter told the Journal President Trump himself phoned Amazon founder Jeff Bezos to raise concerns about the concept. Amazon declined to comment on the president's phone call, but said the idea, quote, was never approved and is going to happen. Amazon has been trying to keep prices low despite recent tariffs on China. It canceled some vendor orders from the country and asked others to confirm advertising commitments for this year. Elsewhere, Spotify saw double digit gains in monthly active users and premium subscribers last quarter, and it said it expects faster growth the rest of this year. Despite economic uncertainties, Spotify said it's been able to build its user base by pulling back on hefty spending on things like podcasts. The company also increased prices globally to help cut cover the cost of producing its services, but not so much as to push customers from the platform. The company's CEO said while there may be short term noise, he's confident in the long term strategy due to strong customer engagement and retention. And finally, the Wall Street Journal exclusively reports that Starbucks has seen success in a technology pilot that shaved two minutes off the average wait time for a beverage at its cafes. The coffee giant said three quarters of orders at a dozen test locations were completed in four minutes or less during the busies times. That's near the company's service time goal, and it was able to do it without delaying mobile orders. Starbucks said it plans to extend the pilot to hundreds more locations as it tries to solve one of its customers biggest gripes. For a deeper dive into what's happening in tech, check out Wednesday's Tech News Briefing podcast.