Amazon

U.S. Consumers Will Spend Nearly $400 Billion Shopping Online in 2016
According to a recent report by Business Insider, consumers in the United States will spend a whopping $385 billion on online shopping. We already know that e-Commerce is a fast-growing segment of the retail industry, but new data shows that traditional retail only grew by 2% during the first half of 2016, while online commerce grew by eight times that...
Amazon is listing Nintendo Switch as available - for Amazon Prime members only
Amazon Prime members have all the fun, and this time it's the newly launched Nintendo Switch that's being made available exclusively to Prime members. Though available in limited numbers, Amazon seems to be the only place that has Nintendo Switch inventory. But you'll have to move quickly if you want one.Nintendo Switch is currently shaping up to be the...
Amazon invests in Andy Rubin startup Essential Products Inc.
Joining Chinese media giant Tencent Holdings and Foxconn Technology Group, Amazon is now an investor in Android co-creator Andy Rubin's smart hardware startup, Essential Products Inc.The investment was part of a $300 million round of funding for Essential, where the participants were Amazon's Alexa Fund, Access Technology Ventures, Redpoint Ventures, Altimeter Capital and Vy Capital. Access's contribution was $100...
Amazon Echo murder case James Bates, Victor Collins
The death of Victor Collins last November has ultimately led to authorities requesting Amazon for "electronic data in the form of audio recordings, transcribed words, text records and other data" from the Amazon Echo device found in the home of James Bates, where Victor Collins was found dead in a hot tub.But the matter rakes up several issues around...
 Ever since the advent of the cloud concept, a slew of technology majors have been clawing their way upward, hoping to dominate what could soon be the most omnipresent component in the world of technology.Why are they so eager to dominate the cloud space? What makes this business so appealing and attractive that practically every technology company worth its...
It has been more than decade since Amazon entered China but, despite being in the country for such a long time, Amazon has struggled to make its mark in one of the largest online retail markets in the world. According to e-marketer, China is expected to overtake United States as the world’s largest retail market, and the gap is expected...
Whole Foods acquisition - Amazon Web Services AWS Microsoft Azure Office 365
When Amazon announced its intent to buy Whole Foods Market earlier this month, it sent waves across the retail industry. That's understandable, because Amazon is an e-commerce force to be reckoned with, and entering the brick and mortar retail space meant even tougher competition in the retail market. Interestingly, Microsoft was pulled into the fray because of Microsoft Azure...
Why enterprises prefer hybrid cloud over public cloud
Cloud deployment models can be segregated into three types: Public Cloud, Private Cloud/On-Premise Infrastructure and Hybrid Cloud.Ten years ago, companies around the world typically built and managed their own IT infrastructures. Since it was run by the companies themselves, the term on-premise was coined. But, today the world has moved on from the on-premise deployment model towards highly robust...
Amazon starts to hurt Costco as well
The physical retail industry has been going through a difficult period as Amazon's presence widens across the globe. But the width expansion isn't what brick and mortar giants like Walmart and Costco are afraid of - it's the depth of reach within the United States.As Amazon piles on the benefits for Prime members, other retailers are seeing that shift towards...
amazon jeff bezos
Amazon makes most of its money from its home country, the United States. To be fair to Amazon, there aren't many countries that have an economy as large as that of the US, but the geographic distribution of Amazon's revenue stream shows that the company has already reached a position of strength in most of the major economies around the world.Of...
Amazon Web Services (AWS) has its primary focus on Infrastructure as a Service (IaaS), or public cloud, as a cloud computing services provider
Amazon Web Services (AWS) may have already lost its position as the largest cloud player in terms of revenues to Microsoft, thanks to the latter’s surging cloud-based software products, which saw the company’s annualized cloud revenue run rate exceed $18.9 billion during the most recent quarter. Meanwhile, Amazon’s AWS posted $4.001 billion in revenues during the most recent quarter,...
Our buying habits have dramatically changed over the past several years. From being a nation of cash spenders to becoming a plastic population was merely the first stage of that change. The most significant stage, however, was the shift to electronic payments. How Old is e-Commerce? Electronic commerce isn't a phenomenon that started with Amazon, in case you were wondering. Since...
Whole Foods acquisition - Amazon Web Services AWS Microsoft Azure Office 365
Earlier this Wednesday, the FTC cleared Amazon's proposed purchase of Whole Foods Market, a deal that is valued at $13.7 billion and is expected to be closed by the end of the year.In a statement, Acting Director of the Federal Trade Commission’s Bureau of Competition, Bruce Hoffman, said that it "decided not to pursue this matter further," referring to a...
amazon in australia
Amazon has been slowly gearing up for its launch in Australia, and the kind of media response they are attracting is reminiscent of Wal-Mart's international expansion in the last decade. Wherever Wal-Mart went, local players were up in arms, and kept talking about how Wal-Mart will kill the local stores if it comes in. Now, Amazon is being subjected...
Amazon Alexa Prime Now and alcohol delivery
Amazon is on a roll adding functionality after functionality to its smart assistant, Amazon Alexa. Just last week Amazon added Alexa to the main Amazon app, and now the company has announced that Amazon Alexa will be able to order from Prime Now, the two-hour delivery services introduced for Prime members. In addition (and here's the real news), Alexa...