Tech Bytes: Amazon cutting costs

Amazon cutting costs. The company is closing eight Amazon Go convenience stores, half of them in San Francisco, and two each in Seattle and New York. Amazon says it remains committed to the cashier-less stores idea, despite the closings. Most of them will take place on April 1st.

Apple is updating it’s desktop for the first time in nearly two years. The new iMac will be more powerful with some internal design changes. But Bloomberg reports they will come with the same 24-inch screen and offer the same color options as the current model. They’re expected to ship later this year.

Tesla has again slashed prices on some of it’s cars in an effort to stimulate sales. Model S sedans have been marked down $5,000. The cost of Model X SUVs is down $10,000.