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) To Become The Exclusive Provider Of NFL Games

There was a time when the traditional pay-TV was the order of the day, but change is the only permanent thing in life. The world has gotten to a point where a significant number of people are turning to stream to enjoy their favorite shows. Amazon.com, Inc (NASDAQ:AMZN) is doing everything within its means to […]

Amazon.com Inc. (NASDAQ:AMZN) Commits $2 Billion Investment Towards Affordable Housing Construction In Three Cities

Amazon.com Inc. (NASDAQ:AMZN)  has pledged to invest over $2 billion in the next five years to try and fix the affordable housing crisis in their cities where it has operations. The company becomes the latest tech giant to pledge investment for affordable housing. Three cities benefit from Amazon’s housing investment The eCommerce giant will invest […]

Walmart Inc. (NYSE:WMT) Removes Minimum Order Value For Free Shipping For Walmart+ Members

Walmart Inc. (NYSE:WMT) has announced that it will do away with the $35 minimum order value for its Walmart+ membership program. The retailer is making the offer competitive with Amazon.com Inc.’s (NASDAQ:AMZN) Prime subscription ahead of the holiday seasons, especially during this time when online shopping is booming. Walmart+ subscribers to enjoy free shipping within […]

Amazon.com Inc. (NASDAQ:AMZN) And Microsoft Corp (NASDAQ:MSFT) Battling Out For Telecom Cloud Business

Cloud service providers Amazon.com Inc. (NASDAQ:AMZN), Microsoft Corp (NASDAQ:MSFT) and Alphabet Inc.’s (NASDAQ:GOOGL) are battling out for telecom customers to take advantage of their service. The 5G network rollout is not an opportunity for telecommunication providers and smartphone makers, but Cloud computing giants could also benefit. 5G network will benefit cloud providers The tech giants […]

Amazon.com Inc. (NASDAQ:AMZN) Plans To Double Black Representation In VP And Director Roles

Amazon.com Inc. (NASDAQ:AMZN) has pledged that it will double the number of black executives in its senior leadership positions as it ends the year, according to leaked audio of an internal meeting. Amazon to double black representation in executive roles The company is also planning to ban “non-inclusive” language like using technical words, which may […]

Amazon (NASDAQ:AMZN) Launches New Program To Pay Shoppers For Their Shopping Data

Amazon.com Inc. (NASDAQ:AMZN) has launched a new program called Amazon Shopper Panel. The new program lets users make money by uploading ten shopping receipts per month. New program to give user option of earning for their data The eCommerce giant seeks to gain information about users’ purchasing activity beyond its platform in exchange for monetary […]

Amazon’s (NASDAQ:AMZN) Prime Day Event To Kick-start Holiday Season Shopping

Amazon.com Inc. (NASDAQ:AMZN) expects to hold its Prime Day on October 13-14, which was postponed from July due to the pandemic. Since 2015, the company has been holding the event in July, where shoppers ramp up sales, but this year it will be different because of the pandemic. Amazon expects a different type of Prime […]

Amazon.com Inc. (NASDAQ:AMZN) Takes Lessons From Google’s (NASDAQ:GOOGL) Stadia To Launch A Netflix-like Gaming Service, Luna

Amazon.com Inc. (NASDAQ:AMZN) has launched a new cloud gaming offering referred to as Luna as the giant e-commerce company that looks to succeed where Google’s (NASDAQ:GOOGL) Google Stadia failed. Google Stadia was underwhelming The new service, code-named Tempo, previously supported by the extensive AWS data centers network, will be available to US residents with PC, […]

Amazon (NASDAQ:AMZN) And Tesla (NASDAQ:TSLA) Will Not Fully Automate As Robots Can’t Replace Humans

Companies such as Amazon.com Inc. (NASDAQ:AMZN) and Tesla Inc. (NASDAQ:TSLA), which have greatly employed automation in their operations, are yet to use robots at a grand scale because they can’t get a robot that can pick good as humans do. Tesla made a mistake to automate the production of Model 3 In 2018 Tesla CEO […]

Amazon.com, Inc. (NASDAQ:AMZN) Accused Of Investing In Startups And Later Launch Competing Products

Amazon.com, Inc. (NASDAQ:AMZN) has been investing in startups only to turn around and launch competing products. This is according to a new report by The Wall Street Journal’s, Dana Mattioli and Cara Lombardo. The journal has listed multiple cases where the e-commerce giant invested in fledging companies, gained access to financial data and internal operations […]

Amazon.com, Inc. (NASDAQ:AMZN) Expects To Pay $28 Billion For Violating Bloc’s Rules: EU Will File A Complaint Soon

The EU will soon file antitrust charges against Amazon.com, Inc. (NASDAQ:AMZN) over the illegal treatment of 3rd party sellers. A charge sheet draft is in circulation in the past two months. The antitrust regulator – EC (European Commission) is probing the charges against the e-commerce giant for the last two years. Amazon to pay $28 […]

General Motors Company (NYSE:GM) Is Making An Electric Van Giving A Nod To The EV Trend

General Motors Company (NYSE:GM) is reportedly working on an electric van that is targeted towards the business community and will be ideal for delivery services. The announcement about the American automobile manufacturer’s decision to launch an electric van highlights the growing interest in EVs by traditional automobile manufacturers. It also means more competition for Tesla […]

Tesla CEO Elon Musk Calls For Breaking Up Amazon.com Inc. (NASDAQ:AMZN) After Censoring COVID-19 Book

On Thursday, Tesla Inc. (NASDAQ:TSLA) CEO, Elon Musk launched an attack on Amazon.com Inc. (NASDAQ:AMZN) calling for its breakup. This comes after Amazon censored Alex Berenson’s e-book about the wisdom behind the COVID-19 lockdowns. Musk calls out Amazon for censoring COVID-19 book In a Tweet, Musk said, “this is insane,” tagging Amazon CEO Jeff Bezos. […]

Amazon.Com Inc. (NASDAQ:AMZN) AWS Engineer Resigns Because Of “Chickenshit” Move To Fire Vocal Employees

Amazon.com Inc. (NASDAQ:AMZN) engineer and VP Tim Bray caused a stir following the announcement that he was resigning from the company. Bray announced that his final day with Amazon was on May 1, citing the retail giant’s firing of whistleblowers. Through a blog post, the Amazon Web services engineer indicated that he was leaving the […]