Amazon allows Apple Music on its Echo speakers

This strategic move sees Amazon.com increasing its cooperation with Apple and is probably aimed at boosting its market footprint at the cost of Alphabet’s Google. On Friday, in a move that marks increased collaboration between two tech giants, Amazon.com Inc stated, Apple Music will become available on its Echo smart speakers starting December 17, 2018.…

Amazon.com re-allows Australian shoppers on its U.S. site

The strategic decision comes a day before Black Friday and the crucial holiday shopping season in the U.S. On Thursday, Amazon.com Inc, the world’s largest online retailer, stated it would no more block Australian shoppers from accessing its U.S. site. The development comes midst a customer backlash in the world’s 12 biggest economy. Australian shoppers…

Groceries delivery startup wins extra $271 million in new funding round in November 2018

Tiger Global Management hedge fund led the funding round along with existing investors Coatue Management and Valiant Capital. As per a source familiar with the matter at hand, Grocery delivery startup Instacart has raised an extra $271 million in its latest funding round to $871 million with U.S. hedge fund Tiger Global Management leading the…

Amazon removes $25 free shipping hurdle for U.S. holiday shopping season

The move, is likely to significantly boost competition against Amazon’s competitors such as Walmart Inc and Target Corp. On Monday, in an effort to surge past the competition from rivals, including Walmart inc, Amazon.com stated it would offer free shipping with no purchase minimum for this holiday shopping season. Amazon’s U.S.-only promotion, effective from November…

Amazon.com partners with blockchain logistics startup CargoX for pilot project in Brazil

Amazon’s push into Latin America’s biggest economy is driven and bolstered by the listings of third party vendors on its local e-commerce marketplace. As per a Bloomberg report citing sources familiar with the matter at hand, Amazon.com Inc is working on a pilot logistics project in Brazil with CargoX, a Goldman Sachs-backed blockchain company for…

EU’s antitrust ruling against Google more of an observation rather than a prescription

Although the ruling should provide smartphone makers the ability to develop phones based on Amazon’s Fire OS, Google limits the adoption of such forks, as termed in the industry, through its licensing model. Essentially, the ruling is not likely to significantly change Google’s licensing model and the revenues derived from it. With the European Union’s…