The development is a follow through on Amazon’s $13 billion acquisition of Whole Foods in 2017. On Thursday, Amazon.com Inc stated it would start delivering Whole Foods groceries to Prime Now members in select U.S. cities; the service will soon expand to the rest of the country as well. In a statement, the world’s largest…
Analysts opine that consumers would largely prefer mid ranged priced smart speakers over one that costs hundreds of dollars. According to analysts, both Amazon.com and Alphabet Inc have heavily discounted their virtual assistant speakers during the U.S. holiday shopping season such that they have lost many dollars per speaker sold. The development underscores a sharp…
Frequent buyers are likely to get more discounts on banking products. Taking a cue from Amazon.com, JPMorgan Chase & Co’s chief executive Jamie Dimon stated he expects the bank to offer more price discounts to its banking customers who buy multiple products, just like the way Amazon.com does. “You are going to see more relationship…
While Switch had projected its listing price to be in the range of $14 to $16, it’s share price broke all expectations and was listed at $17, much to the cheer of investors. In a significant development, Switch Inc has raised $531.3 million from its initial public offering wherein it had priced its share at…
Google’s gain is Microsoft’s loss. Microsoft will now focus on increasing Bing’s footprint in the PC market. Satya Nadella, Microsoft Corp’s CEO, said Bing, the company’s search engine, will focus on expanding its footprint in the PC market as opposed to the mobile market. The announcement comes in the wake of Microsoft losing its deal…
The U.S. groceries market is likely to heat up further. In what is likely to be a milestone for Amazon.com, the world’s largest online retailer has managed to get an approval from the U.S. Federal Trade Commission for its planned $13.7 billion acquisition of Whole Foods Market Inc. In its statement, the FTC said it…
In 2018, it will capitalize on this further by enabling voice Google powered shopping across its 4,700 brick and mortar stores. In a development that marks the opening of a second front on Wal-Mart Stores assault on Amazon.com Inc, the company is teaming up with Google to enter the nascent voice-shopping market that is at…
The founder of the startup smartphone maker is none other than the co-founder of the Android operating system. Its first $699 smartphone will feature ceramic and titanium casing. The co-creator of the globally used Android mobile operating system has launched a new startup, Essential Products, which has raised $300 million in new funding round. It…
The siding is just pressure tactics in a battle of who will blink first. In a significant development a group representing major technology companies has sided with Apple in its legal dispute with Qualcomm. The industry body has called on regulators to reject Qualcomm’s bid to ban the import of iPhones. The lobby group representing…
Spark is being seen as a cross between Pinterest and Instagram with a bent for e-commerce. In a significant development, Amazon.com has forayed into the social media with the launch of Spark, a platform currently available only to Prime members, wherein they can upload photos and videos much like other popular social media platforms, including…
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