Bowing to pressure from investors, Pitney Bowes has replaced longtime CEO Marc Lautenbach, who is also leaving the board of directors, while a company statement on the news points to the likelihood of a pending sale of the money-losing global ecommerce unit, which investors have also called for. The board named EVP and Group President Jason Dies as interim CEO.

The Federal Trade Commission and 17 state attorneys general filed a long-expected antitrust lawsuit against Amazon, with the FTC accusing the company of monopolistic behavior on a broad scale and suggesting a breakup as one form of injunctive relief. The company used its market power to block competition, inflate prices and degrade product quality, the FTC alleges.

Boxbot, a startup that pivoted from autonomous vehicle technology to automated parcel storage and retrieval for last-mile delivery applications, announced a $12 million Series A round that will help the company deploy its “three-dimensional conveyor belt” that handles sequenced sortation.

Simon Property Group has expanded a partnership with retail technology provider Dropit to offer its tenants the ability to optimize functions like ship from store, inventory management and returns, powered by AI, initially at 60 Simon locations. Dropit’s technology sits on top of a company’s OMS, WMS and inventory management systems, augmenting order sourcing, fulfillment, delivery and returns.