Saudi govt tapped Jeff Bezos’ phone, accessed private information

Gavin De Becker, a longtime security consultant, who is the security chief for Amazon.com’s chief executive Jeff Bezos has concluded that the Saudi Govt accessed and gained private information from it. He has handed over the findings of his investigation to U.S. federal officials. Gavin De Becker, a longtime security consultant, who is the security…

Amazon courts space industry, adds antenna service for satellites to its cloud business

The move is significant as it marks Amazon.com’s growing ambition to tap contracts from the U.S. Department of Defense. Amazon.com Inc, the world’s biggest online retailer and also the world’s top cloud computing company, stated it was starting a new antenna service for uploading and downloading data from satellites; the move underscores its efforts to…

Wal-Mart acquisition of Mexican Cornershop for $225 million to spur app-based food delivery services

The strategic acquisition has multiple sweet spots: not only it places Wal-Mart on a better footing in its competition with its peer – Amazon.com Inc, it will also provide Wal-Mart crucial learning experience which it can use in other markets. In a move that will enable Walmart Inc to increase its footprint in Chile and…