Amazon has announced during an earnings call that they are increasing the cost of Prime membership from $99 per year to $119. This will go into effect on May 11th for new members and June 16 for existing ones. This is the first time that the company has increased the cost of annual subscriptions since 2014. Amazon CFO Brian Olsavsky pointed to rising costs, particularly … [Read more...] about Amazon Prime Membership is increasing to $119 per year
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