Tags: Amazon
Wiper, alternative messaging app for costly movies
Messaging app Wiper has raised a total of $4.5 million seed funding from its investor Michael Choupak adding $2 million dollars. The service launced $4.99 monthly subscription fee to preview and watch thousands of original short and long, inexpensive indie films that can be compared to expensive Hollywood movies.
Amazon Aims To Operate Up To 400 Bookstores, Says General Growth Properties Inc. Ceo
Amazon is said to expand its e-commerce business into physical bookstores. It plans to open 400 bookstores after its first opening in Seattle last year. However, Amazon still refuses to comment on this issue.
Microsoft to place future data centers under water
Microsoft has put a prototype of data center under the ocean to examine its efficacy to work hundreds of feet beneath the ocean surface. The underwater data centers could reduce the delay in web service.
Developing Own Delivery System Cuts Amazon’s Fourth Quarter Profit While Increasing Fixed Assets
Amazon has become inspired by Prime’s offers for free delivery within two days against online purchases for more than $100. Instead of spending more for shipping, Amazon is slowly approaching towards own delivery system through purchasing trucks and building own warehouses. These efforts have engaged current assets and narrow down fourth quarter profit. But 26% rise in yearly sales indicates a very different outlook.




