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Amazon.com Inc. (NASDAQ:AMZN) Is Building A Hand-Scanning Payment Service

Amazon.com Inc. (NASDAQ:AMZN) is reportedly working on checkout terminals that will allow customers to pay using their palms through connection to their credit cards. According to people familiar with the issue, customers will be able to scan their palms to pay for purchases in physical stores. Amazon piloting payment using hand scan at its Amazon […]

Amazon.Com Inc. (NASDAQ:AMZN) And Spacex Leading The Race For Space Internet

The space race is intensifying, and companies such as Amazon.com Inc. (NASDAQ:AMZN) and SpaceX are leading the race to get into space. This is in a bid to provide internet to some of the remotest places on earth. This 21st-century space race involves thousands of satellites. Satellite internet for remote areas A couple of tech […]

Amazon.com, Inc. (NASDAQ:AMZN) Steps Up Efforts To Reduce Climate Impact And Places An Order On Rivian For 100,000 Electric Trucks

To reduce the impact on climate, Amazon.com, Inc. (NASDAQ:AMZN) is gearing up and announced plans to purchase 100,000 electric trucks from Rivian, a Michigan based firm. The ordered vehicles are of emission-free category. It plans to become carbon-neutral by the year 2040. This commitment is ten years earlier than United Nations Paris Agreement. Climate Pledge […]

Amazon.com, Inc. (NASDAQ:AMZN) Acquires Israeli Storage Startup E8 Storage

Retail giant Amazon.com, Inc. (NASDAQ:AMZN) has reportedly acquired E8 Storage, an Israeli firm which manufactures flash storage for cloud-based software and enterprise firms. Sources familiar with the matter revealed details of Amazon’s acquisition of the E8 Storage. They also noted that the e-commerce giant will merge the assets of the Israeli storage firm with its […]

Amazon.com, Inc. (NASDAQ:AMZN) Ramp Up Its Single Day Delivery Plans

Amazon.com, Inc. (NASDAQ:AMZN) has been gradually launching free one-day delivery for months. IN its recent earnings call, CFO Brian Olsavsky reported that the firm would substitute two-day delivery with one-day delivery, but indicated that one-day delivery would take a substantial amount of time to accomplish. He also stated that some zip codes can enjoy this […]

Amazon.com, Inc. (NASDAQ:AMZN) Abandons Plans To Distribute Drugs To Hospitals

Amazon.com, Inc. (NASDAQ:AMZN) is reportedly shelving its initial plans to sell and distribute pharmaceutical products to hospitals. The company had planned to distribute the products to its potential clients through its newest entity, Amazon Business that sells bulky items to the business enterprises. Several healthcare and pharmaceutical distribution giants including the Cardinal Health and McKesson […]

Amazon.com, Inc. (NASDAQ:AMZN) Betting On Pet Translators In 10 Years

Pet translators might not be a fantasy ten years from now, according to futurologist William Higham. Amazon.com, Inc. (NASDAQ:AMZN) has already backed the claims reiterating that Artificial Intelligence devices, capable of translating animal woofs and meows could be on the horizon. Pet Translators The e-commerce giant already sells a device that transfers human voice into […]

Amazon.com, Inc. (NASDAQ:AMZN) Investment In Plug Power Inc (NASDAQ:PLUG) demystified

Amazon.com, Inc. (NASDAQ:AMZN) struck a deal with Plug Power Inc (NASDAQ:PLUG) about a month ago and the investment was considered a major one for both firms. Plug Power was struggling prior to the investment but once the news about the deal broke, the struggling firm’s stock rallied by more than 70 percent. It obviously meant […]

Amazon.com, Inc. (NASDAQ:AMZN), To Launch In-Home Delivery?

Latest speculations suggest that Amazon.com, Inc. (NASDAQ:AMZN) is currently working with Internet of Things (IoT) companies August Home, Inc. and Alottazs Labs, LLC Garageio for the development of an in-home delivery service. In-Home Delivery Accordingly, delivery employees will be provided with a door-opening token good for one-time use should consumers opt for in-home delivery during […]

Office Depot, Inc. (NASDAQ:ODP) Issues 2Q Results, Continues To Face Industry Challenges

Office Depot, Inc. (NASDAQ:ODP) has reported on Wednesday a net income of $210 million or an earnings per share (EPS) of $0.38 for the second quarter. The company had a 6% year-over-year plunge in revenue, coming in at $3.22 billion for the period. This marks the third consecutive period that the company missed its financial […]

Stocks In News: Fortinet Inc (NASDAQ:FTNT), Amazon.com, Inc. (NASDAQ:AMZN), Red Hat, Inc. (NYSE:RHT)

Boston, MA 10/14/2014 (wallstreetpr) – High end network security solutions provider Fortinet Inc (NASDAQ:FTNT) announced on 13th October that it is launching a new flagship product called FortiGate-3810D. The firewall solution is expected to set a new bench mark amongst the security platforms, thanks to its ability to handle “100GbE interfaces and 300+ Gbps throughputs” […]

Trending Stocks: Amazon.com, Inc. (NASDAQ:AMZN); Integrated Device Technology, Inc. (NASDAQ:IDTI); Trimble Navigation Limited (NASDAQ:TRMB)

Boston, MA 10/08/2014 (wallstreetpr) – Online retailing giant Amazon.com, Inc. (NASDAQ:AMZN) announced on 7th October that it will be taking “top deals” being offered by its seller community and showcase the same to buyers from across the globe on its popular holiday deal pages. The special deals would be prominently displayed on its popular online […]

Curbside Aims To Connect Retailers With Customers Via Its App

Boston, MA 10/07/2014 (wallstreetpr) – Curbside, which is a new entrant to the already crowded E- commerce sector, has tried to disrupt the market model developed over the past few years by the online majors. It has developed its e commerce platform on a mobile app which promises “same-day pickup” to local stores. Modus Operand […]

Amazon.com, Inc. (NASDAQ:AMZN) No Match to Netflix, Inc. (NASDAQ:NFLX) on Content Delivery

Boston, MA 09/29/2014 (wallstreetpr) – Amazon.com, Inc. (NASDAQ:AMZN) credentials in the TV content production have been put to task especially on the fact that the space remains one of the most competitive. Former NBC Universal Chairman and CEO, Bob Wright, during an interview on Bloomberg, argued that it might be high time for networks to […]

Amazon.com, Inc. (NASDAQ:AMZN)’s Workers Call Off Strike At Warehouses But Warn Reoccurrence

Boston, MA 09/26/2014 (wallstreetpr) – Amazon.com, Inc. (NASDAQ:AMZN) reported that the workers’ strike at its Germany warehouses has come to an end without the company engaging into any wage talks. The e-commerce company did not report any delay in scheduled deliveries because of the incidents. Workers’ Dissatisfaction According to an article published by the New […]

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