Prime Day marks biggest shopping event for Amazon

Amazon continues to roll This year’s Amazon Prime Day was the biggest shopping event in the history of Amazon. Sales on the day eclipsed that of Cyber Monday, Black Friday, and other major shopping days. According to the company, Amazon Prime members purchased over 100 million products. Items varied but popular sales included video games, […]
  • 15 Hours ago

Netflix stock drops after not meeting expectations

Netflix’s victories still fall short with investors Netflix gained over five million subscribers last quarter, but that was still not enough to appease investors, who estimated they would gain closer to six million. Even though Netflix continues to dominate the media market, investors are still not impressed; indeed, it seems as if the bar is […]
  • 2 Days ago

Stock markets on the up-and-up

The stock market is currently thriving The Dow Jones Industrial Average, S&P 500, and Nasdaq Composite all closed at brilliant levels on Friday. The Dow reached 25,000 points, its highest in the past 30 days. Secondly, the S&P 500 hit its highest point in the past five months. And finally, the Nasdaq closed at a […]
  • 3 Days ago

Sonos prepares for IPO with warnings

Sonos shows reluctance in anticipation of IPO On Friday, smart-speaker manufacturer Sonos filed paperwork for its IPO, which is anticipated to raise $100 million. However, it did offer a piece of reluctance: Chinese tariffs. Although Sonos has reported that the aluminum, steel, and other tariffs have not increased costs of their product, it definitely causes […]
  • 9 Days ago

Amazon to send out toy catalog this winter

Can Amazon bring back the toy market? Toys ‘R Us’ bankruptcy is Amazon’s gain this holiday season, as the e-commerce giant will send out a toy catalog to  subscribers. When Toys ‘R Us was still in business, they would send out a catalog of hundreds of pages of toys to its consumers – this would […]
  • 9 Days ago

Netflix is officially the most popular video platform

Netflix cements itself as king of media Financial service company Cowen Group asked roughly 2,500 adults, “Which platforms do you use most often to view video content on TV?” 27% of the population said Netflix, giving it a whopping 7% margin over the next highest – which is cable at 20%. In fact, the numbers […]
  • 14 Days ago

Amazon buys PillPack for $1 billion

Amazon adds to its portfolio PillPack, a Boston-based pharmacy startup, has just made a $1 billion deal with Amazon, from which the two co-founders will make $100 million each. The five-year-old company uses software to speed up the refill and co-pay processes; plus, it ships combined prescriptions for people that take multiple kinds of drugs. […]
  • 17 Days ago

Start Your Own Delivery Business With Amazon

Amazon announced on Thursday that they will enter the package delivery industry alongside UPS, DHL, and the U.S Postal Service. They call it the Delivery Service Department program, a program that offers incentives to people who want to deliver packages for Amazon. These incentives include branded uniforms, discounted Amazon-branded vehicles, fuel, and insurance coverage. Dave […]
  • 20 Days ago

Food manufacturers ConAgra and Pinnacle Foods merge

More food manufacturers merge Two frozen food companies, ConAgra and Pinnacle Foods, merged on Wednesday, creating a massive frozen food giant. ConAgra purchased PF for $10.9 billion. ConAgra owns popular food brands like Orville Redenbacher’s and Chef Boyardee, and Pinnacle Foods owns Hungry-Man and Birds Eye, among others. The companies are the two major leaders […]
  • 21 Days ago
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