Amazon.com, Inc (NASDAQ: AMZN) To Buy iRobot For $1.7 Billion in An All Cash Deal

Amazon.com, Inc (NASDAQ: AMZN) has announced plans to buy iRobot for $61 per share in an all-cash transaction valuing the Romba manufacturer at around $1.7 billion. Amazon to buy iRobot as it bets on the robotics sector The agreement will strengthen Amazon’s position in consumer robotics. When it debuted the $1,449.99 Astro home robot in […]

Amazon.com, Inc. (NASDAQ: AMZN) Launches New Tracking Program, Store Insights, To Monitor Consumer Behavior

Amazon.com, Inc. (NASDAQ: AMZN)  has introduced a new tracking program for physical grocery outlets to mine data on consumer behavior. The eCommerce giant announced in a blog post last week that Store Analytics will provide aggregated data to businesses which will include logs in shopper’s behavior, like when they put  a product back rather than […]

Amazon.com, Inc. (NASDAQ: AMZN) Employees Finally Unionize

Amazon.com, Inc. (NASDAQ: AMZN) workers have won a victory after establishing the first union since the company started twenty-eight years ago. This win has been a blow to the company and encouraged other employees in the U.S to start their unions. While the win is inspiring, challenges for the union have just begun as the […]

Once Again, Amazon.com, Inc (NASDAQ: AMZN) Disrupts Retail Stores With New Department Stores

Amazon.com, Inc (NASDAQ: AMZN) will soon open a series of department stores to sell products to physical buyers. This change is after Amazon successfully disrupted online stores, grocery, books stores, and other stores. Amazon has the Amazon Go and the 4-Stars Stores, which consist of the top-rated products. Reports have it that Amazon may use […]

Amazon.com Inc. (NASDAQ: AMZN) Entering the Cryptocurrency Sector Starting with BTC Payments

Amazon.com Inc. (NASDAQ: AMZN) is planning to foray into the crypto payment area, and according to an insider, it will start with BTC. An anonymous insider told City A.M. that the eCommerce retailer would start accepting BTC payments by the end of this year, setting the stage for broader mainstream adoption of cryptocurrency transactions.  Amazon […]

Amazon.com, Inc (NASDAQ: AMZN) Asks The Corporate Staff To Return To Office Three Days A Week

Amazon.com, Inc (NASDAQ: AMZN) is gradually relaxing its return-to-work plans. The company communicated to its corporate staff, insisting that every official report to the office three days a week by September. The communication was done through a memo that also spelled out the conditions for working remotely. Amazon gives out directions  Amazon remains open to remote […]

Facebook Inc. (NASDAQ: FB), Amazon.com Inc. (NASDAQ: AMZN), and Apple Inc. (NASDAQ: AAPL) Increase Spending In lobbying

Facebook Inc. (NASDAQ: FB), Amazon.com Inc. (NASDAQ: AMZN), and Apple Inc. (NASDAQ: AAPL) reportedly spent significant amounts in 2019 on lobbying the federal government. This is according to the company’s necessary filings to the government yesterday. Spending by tech companies continues to grow The latest revelations show how the tech giants have been trying to […]

Amazon.com, Inc. (NASDAQ: AMZN): Good support at $317-15

Boston, MA 09/17/2014 (wallstreetpr) – Amazon.com, Inc. (NASDAQ: AMZN) (Closed: 327.76, Up: 1.19%) had a good day on the exchange and with the Alibaba IPO causing a selloff in most of the tech stocks nowadays, that is a tough thing to achieve. Then it must be admitted that AMZN didn’t survive the selloff entirely as […]