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Uber (NYSE:UBER) CEO Says The Company Could Soon Offer Retail Delivery Services

Uber Technologies (NYSE:UBER) CEO Dara Khosrowshahi has indicated that the ride-hailing company has a similar model as that of e-commerce giant Amazon (NASDAQ:AMZN). Khosrowshahi indicated that Uber can offer more than just booking rides. Uber CEO wants to transform transport marketplace The CEO said that the company is fundamentally distinct from other companies because it […]

Amazon’s (NASDAQ:AMZN) AWS Unit To Launch 20% More Powerful Server Chip

Amazon’s (NASDAQ:AMZN) cloud server unit Amazon Web Services has designed a new and powerful data center processor chips. This is the latest move by the company to invest in custom silicon for its cloud services business. New AWS server chip 20% faster than previous chips The company announced last year the launch of the ARM-based […]

Alphabet Inc (NASDAQ:GOOGL) Leaps Into the Wearable Industry By Buying Fitbit Inc (NYSE:FIT) For $2.1 Billion

Alphabet Inc (NASDAQ:GOOGL), the tech giant that helped make it fun to sit around surfing the web, is leaping into the fitness-tracker market by buying Fitbit Inc (NYSE:FIT) for about $2.1 billion. This deal will put the California-based Corporation in direct competition with Samsung and Apple Inc. (NASDAQ:AAPL) in the highly competitive market for smartwatches […]

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 […]

Alphabet Inc (NASDAQ:GOOG) Assistant Maintains Top Position In Latest Rankings

Alphabet Inc (NASDAQ:GOOG), Amazon.com, Inc (NASDAQ:AMZN) and Apple Inc (NASDAQ:AAPL) are the owners of the top digital assistants. These companies are with time, making efforts to enhance their products. These efforts seem to be paying off considering that the products have been getting better with time. They these digital assistants are currently performing much better […]

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 (NASDAQ:AMZN) Targets House Hunters in a New Partnership with Realogy

On Tuesday July 23, Amazon (NASDAQ:AMZN) launched TurnKey, a collaborative project with the top dogs in the US real estate market. Notably, house hunters will be able to access free services for up to $5,000 from Amazon if they close house buying deals through real agents affiliated to Realogy. How TurnKey works TurnKey is a […]

Google (NASDAQ:GOOGL) And Amazon Inc. (NASDAQ:AMZN) End Standoff Regarding Video Streaming Service

Amazon Inc. (NASDAQ:AMZN) and Google (NASDAQ:GOOGL) have finally come into an agreement regarding their long standing faceoff regarding video streaming services by making their services and devices to work together. YouTube beginning today will be on Fire TV while Prime Video will find its way to Android TV and Chromecast. Cross platform video streaming service […]

Retailers Rush to Cash in on Amazon’s (NASDAQ:AMZN) Prime Day

In mid-July every year, Amazon (NASDAQ:AMZN) offers a shopping holiday to shoppers subscribed to Amazon Prime. The event lasts for 36 hours and offers the best opportunity for shoppers to amass gifts due to stellar savings. This year, rival retailers are in the game and they want to give the online retail giant a run […]

Social Capital Hedosophia Stock Rising on News of Going (Virgin) Galactic

If billionaire egos get bent because someone beat them to the punch, Elon Musk’s and Jeff Bezos’ must be a little twisted Tuesday morning.  Why? Because Richard Branson’s Virgin Galactic is preparing to become the world’s first public space tourism company. The British billionaire is merging his company with Social Capital Hedosophia (NYSE: IPOA), a special […]

Amazon Teams with Kohl’s To Make Returns Easy Ahead of Prime Day

Amazon (NASDAQ:AMZN) recognizes that customers find it difficult to return goods purchased online because of mundane things like lack of a tape and box for packaging. In a blog post, the online retail giant said it has agreed with partners to make the return process easy. Free, no-box returns The partnership will enable customers to […]

Walmart Falling Short In a Bid to Challenge Amazon

Walmart (NYSE:WMT) is in a high stakes race with Amazon (NASDAQ:AMZN) with a view on controlling the global retail market. But America’s largest brick-and-mortar retailer could be in for a rough ride based on Vox’s Recode. Walmart still far behind Amazon For a long time, Walmart dominated the retail market. But that was before the […]

EBay’s Rivalry with Amazon Hits up Ahead of Prime Day

EBay has been looking to challenge Amazon (NASDAQ:AMZN) at every front since the turn of the 21st century. In 2002, eBay (NASDAQ:EBAY) introduced a new pricing strategy aimed at taking a slice of retail sales from under Amazon. In the present day, the rivalry is a notch higher as the companies gear up for what […]

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 […]

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