Petersburg Post Home

The Petersburg Post



BUSINESS  
Amazon adds seller surcharge as oil spike from Iran tensions drives logistics costs higher
- Amazon is shifting higher fuel and logistics costs onto third-party sellers as oil prices climb Amazon will impose new fees later this month on third-party sellers as rising oil prices tied to the ongoing war with Iran ripple through the U.S. economy, a shift that could ultimately push costs onto consumers. The company said it will begin charging a 3.5% "fuel and logistics-related surcharge" on sellers who use its ...

Source: foxbusiness.com
BUSINESS  
OpenAI takes on another "side quest," buys tech-focused talk show TBPN
- OpenAI says program will remain in Los Angeles and will be editorially independent. OpenAI has struck a deal to acquire TBPN, a technology-focused talk show popular in Silicon Valley, making an unexpected move into broadcasting after pledging to abandon "side quests" and focus on its core business. The ChatGPT maker had purchased the 11-person company in a "low hundreds of millions of dollars" deal, according to a ...

Source: arstechnica.com