Bloomberg Earlier Reported 'Amazon To Stop Paying Developers To Create Apps For Alexa'
Portfolio Pulse from Benzinga Newsdesk
Bloomberg reported that Amazon will cease payments to developers for creating apps for its Alexa platform. This move could impact the ecosystem of applications available for Alexa, potentially affecting its competitiveness and attractiveness to users.
April 10, 2024 | 3:22 pm
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Amazon's decision to stop paying developers for Alexa apps may lead to a decrease in the number of new apps, potentially affecting user engagement and the platform's growth.
By ceasing payments to developers for creating Alexa apps, Amazon may see a reduction in the number of new applications developed for Alexa. This could lead to decreased user engagement and hinder the platform's ability to attract new users, potentially impacting Amazon's stock in the short term due to concerns over the growth and competitiveness of its Alexa ecosystem.
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