With the help of Amazon's Alexa, Smart Kitchen appliances are getting smarter. Amazon announced expanded abilities for its voice assistant to control kitchen appliances and made an investment in June. Matt Van Horn, Co-Founder & CEO of June, the maker of smart ovens, was with us to share how the investment will help the company.
Currently, you can ask Alexa June for an ETA of when food will be done cooking, says Van Horn. With the expanded capabilities through Amazon, users soon won’t have to address June specifically. He explains how the engineering team always has to think about the different use cases and possible voice commands. When they first built the oven, they thought a lot about voice. June considered putting a microphone inside, but ultimately decided not to, Van Horn said.
Van Horn breaks down the target audience June is going after. He says he sees a mix ranging from busy parents to millennials moving into new homes. He recognizes there is potential competition from big players in the space. Van Horn says he is starting to see some products that are taking a play out of June’s book. He says they have a head start, but stresses that June products get better the more you use them because of the software model.
An independent watchdog within the IRS reports that while taxpayer services have vastly improved, the agency is still too slow to resolve identity theft cases. And National Taxpayer Advocate Erin Collins says those delays are “unconscionable.” Erin M. Collins said in the report released Wednesday that overall the 2024 filing season went smoothly, though IRS delays in resolving identity theft victim assistance cases are worsening. It took nearly 19 months to resolve self-reported identity theft cases as of January, and Wednesday's report states that now it takes 22 months to resolve these cases.
Amazon.com Inc. surpassed $2 trillion in market value for the first time in afternoon trading on Wednesday. The push higher for Amazon’s stock market valuation comes a little more than a week after Nvidia hit $3 trillion and briefly became the most valuable company on Wall Street. Nvidia’s chips are used to power many AI application and its valuation has soared as a result. Amazon has also been making big investments in AI as global interest has grown in the technology. Most of the company’s focus has been on business-focused products.
Climate change doesn’t just mean more extreme weather – it also leads to billions of dollars in lost productivity, tourism, and stresses infrastructure.
It’s an annual tradition: the Fed’s banking ‘stress test.’ A year after the regional banking crisis, there are good reasons to make sure they’re prepped.
Summer is upon us, which means weddings, trips overseas, and trips to see Taylor Swift. Avoid a “Cruel Summer” with these budget-friendly tips and tricks.
While Nvidia's meteoric rise led it to briefly dethrone Microsoft as the world's biggest public company, there's a lot more going on in this market than A.I.