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Amazon continues to flourish

  • Crystal Ng
  • 1 month ago
  • 0
For some time now, Alphabet, the parent company of our beloved Google, has been holding the position of the runner-up, right behind Apple Inc. in the global market. In recent events, Amazon.com has just surpassed Alphabet in acquiring the position of the second most valuable company in the world. This is the first of such […]

Apple is dominating the tech industry

  • Crystal Ng
  • 1 month ago
  • 0
Back in 2010, there was a virtual magazine subscription called Next Issue, but was rebranded as Texture by Next Issue Media in 2015. Now, Texture has over two hundred magazines available electronically on most systems including Windows, Amazon, Android and iOS. All it requires users to do is to pay a fixed monthly charge and […]

Don’t be Alarmed if You Hear Laughter, could be Alexa

  • Crystal Ng
  • 1 month ago
  • 0
Owing to the advancement and innovation in science and technology, we have become the generation that resorts to the utilization of voice-enabled devices in order to complete our daily tasks such as switching the lights on and off, playing music and so forth. Consequently, various companies in that industry – Google and Amazon, to name […]

Jeff Bezos, First Centi-Billionaire in America

  • Crystal Ng
  • 2 Months ago
  • 0
Jeff Bezos, the co-founder of Amazon has officially made it all the way to the top of Forbes list of world’s billionaires. Moreover, he has become the first and only person in America to acquire the title of centi-billionaire at a total worth of $127 billion, as determined by the Bloomberg Billionaires Index. He has […]

Bidding war for Amazon’s second headquarters is underway, here’s who’s on top

  • Kirsten Loose
  • 6 Months ago
  • 0
The bidding war for Amazon’s second headquarters began on Monday, and several cities have already submitted their proposals. New Jersey has submitted a bid for their city of Newark, offering up what could potentially be the greatest financial incentive for Amazon—$7 billion in tax breaks. Just last month, Amazon announced a competition to source a […]

Nike losing teens in footrace with Adidas, analysts say

  • Kirsten Loose
  • 6 Months ago
  • 0
The investment bank and asset management firm Piper Jaffray released the findings of their latest biannual “Taking Stock with Teens” Survey, MarketWatch reports, and apparently, Nike is losing touch with teenagers. Instead, the demographic seems to be spending more with Adidas and Amazon. Before you throw out your swoosh-covered sweats and socks, Nike (NKE) still […]

Google to counter Amazon’s Echo Show with smart screen device, sources say

  • Kirsten Loose
  • 7 Months ago
  • 0
Google is rumored to have a new smart device in the works, TechCrunch reports. The tabletop smart screen for the home will serve as the competitor for Amazon’s Echo Show, which has been on the market since June 2017. If true, such a device would keep Google in the smart home market race with Amazon […]

Uber’s success in food delivery sector is a “wonderful surprise,” CEO says

  • William Van-Lear Black
  • 7 Months ago
  • 0
As Uber’s new CEO, Dara Khosrowshahi looks to guide the company back to stability after a flurry of corporate upheaval and operational stumbling blocks. Khosrowshahi says the success of the company’s food delivery arm, UberEats, has been a “wonderful surprise,” The New York Times reports. According to the Times, Uber’s aid UberEats generates more revenue […]

Amazon glitch gives customers big news

  • William Van-Lear Black
  • 7 Months ago
  • 0
Amazon sent several customers e-mail alerts Tuesday notifying them that items on their baby registries had been purchased and were on the way, MarketWatch reports. But, many who received the e-mails did not have registries and were not expecting babies. Some such customers assumed the messages were spam and did not click the link provided. […]

Best Buy is quietly thriving in an Amazon world

  • William Van-Lear Black
  • 7 Months ago
  • 0
In an eCommerce age in which every brick-and-mortar enterprise is expected to roll over and die, Best Buy is adapting to the changing market. Under the guidance of CEO Hubert Joly, Best Buy is engineering an impressive turnaround, the New York Times reports. According to the Times, Best Buy’s revenue has exceeded analysts’ expectations in six of the […]

Amazon is taking applications to determine the location of its second headquarters

  • William Van-Lear Black
  • 7 Months ago
  • 0
Amazon announced Thursday that it intends to build a second headquarters facility in North America, The Washington Post reports. The new location will be “a full equal” to the company’s existing Seattle hub, CEO Jeff Bezos said in the announcement. Amazon will spend more than $5 billion on its new home, which will employ more […]

Best Buy shares plummet despite strong earnings report

  • William Van-Lear Black
  • 8 Months ago
  • 0
Best Buy’s quarter two earnings report, released Tuesday, shattered analyst expectations, Bloomberg reports. But, the company’s stock has plummeted on CEO Hubert Joly’s warning that the sales growth may not be sustainable. Joly cautioned on the earnings call, per Bloomberg, that investors should not expect comparable sales growth to continue at its second-quarter rate. As of […]

Amazon will take control of Whole Foods Monday, slash prices

  • William Van-Lear Black
  • 8 Months ago
  • 0
Amazon announced in a press release Thursday that it will take control of Whole Foods beginning Monday, The New York Times reports. When Whole Foods stores open Monday, shoppers will see lower prices on a number of products, including bananas, eggs, salmon, tilapia, Fuji and Gala apples, and almond butter. “We’re determined to make healthy […]

FTC approves Amazon’s acquisition of Whole Foods

  • William Van-Lear Black
  • 8 Months ago
  • 0
Wednesday, the Federal Trade Commission (FTC) signed off on Amazon’s purchase of Whole Foods, The Washington Post reports. The $13.7 billion deal, which Amazon announced in June, is scheduled to take effect by the end of the year. The FTC said in a statement that it had examined the “proposed acquisition to determine whether it […]

Multiple law firms propose class-actions against Blue Apron as shares fall

  • William Van-Lear Black
  • 8 Months ago
  • 0
A host of law firms have proposed class actions against Blue Apron accusing the company of misleading its shareholders, TechCrunch reports. Bragar Eagel & Squire, P.C. filed one suit, which is more or less a case example of the others, claiming Blue Apron reduced ad spending without notifying shareholders and concealed order-delay obstacles and the […]

Amazon Instant Pickup will give customers their orders in two minutes

  • William Van-Lear Black
  • 8 Months ago
  • 0
In this age of instant gratification, eCommerce retailers like Amazon face a dilemma. A consumer can make a purchase in seconds with a few clicks of a mouse or taps on a screen—it doesn’t get much more instant than that. Then, though, customers must wait for days or weeks before they get their hands on the […]

Amazon looks into military food tech

  • Ashley Leader
  • 8 Months ago
  • 0
Could I interest you in a package of fully-cooked beef stew that sat unrefrigerated on a shelf for a year before being dropped on your doorstep? Or perhaps a vegetable frittata? That’s what Amazon might have in store for us — lots of non-refrigerated pre-cooked food. Amazon is reportedly looking into a process called microwave-assisted thermal sterilization, or MATS. This […]

Facebook is making moves in the realm of video

  • Ashley Leader
  • 9 Months ago
  • 0
In an effort to break into the video entertainment market, Facebook is introducing a new video platform called Watch. The platform will be made available to a select group of Facebook users today. Everyone else will have to wait to try it. In making this move, Facebook is most likely looking to open up new sources of […]

Amazon Marketplace to Roll Out New Return Policy in October

  • William Van-Lear Black
  • 9 Months ago
  • 0
Amazon is amending its returns policy to make it easier for customers to return items they purchased from third party sellers, Ari Levy of CNBC reports. Under the new policy, customers will be able to return such items directly through Amazon, without contacting the seller. The eCommerce giant will also enable “returnless refunds,” meaning merchants […]

FTC Looks Into Price Deception Allegations Against Amazon

  • William Van-Lear Black
  • 9 Months ago
  • 0
As the FTC investigates Amazon’s pending purchase of Whole Foods for antitrust violations, advocacy group Consumer Watchdog has lodged charges that the eCommerce giant has been misrepresenting list prices so as to make discounts look larger, Diane Bartz of Reuters reports. The FTC, which investigates deceptive advertising as well as antitrust compliance, has yet to […]
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