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) To Discontinue Amazon Drive-In 2023 and Turn Focus To Amazon Photos

Amazon.com, Inc.’s (NASDAQ: AMZN) customer-focused storage service, Amazon Drive, will be discontinued over the course of the following year, the company stated today. The firm explained that it was using the chance to “more completely focus” on Amazon Photos, it’s rival to iCloud Photos and Google Photos, in an email to users. File uploading to […]

Amazon.com Inc. (NASDAQ: AMZN) Defies Hiring Cuts By Announcing 4,000 Jobs In The UK

Amazon.com Inc. (NASDAQ: AMZN) is defying the latest wave of downsizing in the tech sector with plans to create over 4,000 permanent jobs in the United Kingdom this year. This latest push to hire more people will bring the e-commerce giant’s workforce in the UK to more than 75,000. Amazon to increase UK workforce  Along […]

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) Taps Into the Social Media Market by Treating Influencers to an Extravagant Trip

Amazon.com, Inc. (NASDAQ: AMZN) recently commenced the transportation of internet influencers to reputable and extravagant resorts in exchange for social media clout. The institution intends to transport various celebrities from platforms such as TikTok and Instagram to the coastal region of Mexico. Social Media influencers will be treated to the seaside town identified as Todos […]

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 […]

Amazon.com, Inc (NASDAQ: AMZN), Cisco Systems Inc (NASDAQ: CSCO), and Microsoft Corporation (NASDAQ: MSFT) to Support the Reformation of India’s Agricultural Industry

Working with data is a pretty good thing, and that is because it facilitates correlation with on-ground reality. It becomes easier to provide more accurate projections and even make more informed decisions. The intervention of the titans  Experts say it helps a great deal knowing the particular areas that need policy intervention. India happens to […]

Amazon.com, Inc. (NASDAQ: AMZN) Strengthen Ties with Deliveroo PLC (OTCMKTS: DROOF) for Prime Food Delivery in UK and Ireland

On Wednesday, Amazon.com, Inc. (NASDAQ: AMZN) made an important and exclusive announcement about their major tie-up with Deliveroo PLC (OTCMKTS: DROOF). The e-commerce giant plans on giving free takeout delivery for Prime customers in the UK and Ireland for a year. This is the first big tie-up Amazon makes with Deliveroo, run by Will Shu, […]

Amazon.com, Inc. (NASDAQ: AMZN) to Release Amazon Branded TV in October

Amazon.com, Inc. (NASDAQ: AMZN) is planning to release Amazon-branded TV sets in October. The TVs will come in sizes 55-75 inches and will be powered by Alexa. Third parties like TCL will do manufacturing. An in-house developed TV is also in the works though no one knows when it will be released. The release date […]

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) Intends to Open Big Retail Department Stores

Amazon.com, Inc (NASDAQ: AMZN) wants to open several physical retail locations that’ll act somewhat like huge department stores. These initial retail locations will be in the United States. This step is to help the technology giant expand its reach in the electronics, household items, and clothing markets. In addition, the company’s plan to open physical retail […]

Amazon.com, Inc. (NASDAQ: AMZN) to Increase the Purchase of Supplies and Services by 20%

Amazon.com, Inc. (NASDAQ: AMZN), an e-commerce giant, is likely to increase its purchases of supplies and services by 20% this year from over 200,000 U.S. companies. The company will be purchasing equipment for logistics sites, services for construction, design, and engineering project, and supplies for corporates, among others. The company to purchase supplies and services […]

Walmart Leveraging AI To Make Grocery Shopping Smarter

Thanks to the coronavirus pandemic, shopping has witnessed a tremendous transformation. For instance, in March 2020, apps related to grocery delivery witnessed the highest number of downloads. In April, Walmart (NYSE: WMT) Grocery ousted Amazon (NASDAQ: AMZN) as the leading app on both the App Store & Google Play. Although restrictions placed to control the spread of […]

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 […]

IBM Common Stock (NYSE:IBM) Decides To Stop Providing Facial Recognition Equipment To Police Departments Citing Biased Profiling

IBM Common Stock (NYSE:IBM) has revealed plans to stop selling its facial recognition technology to police departments because it is misused by racial profiling and mass surveillance. The plan to abandon its facial recognition business was revealed after IBM’s CEO Arvind Krishna penned a letter to Congress. He stated in the letter that police officers […]