Tags: Amazon

Google bought 7 robotics firms for Andy Rubin to compete with Amazon

Google acquired seven robotics firms in the past six months to create manufacturing and logistics robots for a project under Android founder Andy Rubin to compete with Amazon's flying delivery drones.


Experts say Amazon drones faced with tremendous obstacles- report

According to a Financial Times report, Amazon faces safety and regulatory hurdles before it can get its plan to use drones to deliver packages to consumers off the ground.

Amazon drone delivery pummels competitors with never-replicated advantage - report

An article on Forbes detailed how e-commerce giant Amazon manages to dominate the market despite embarking on new ventures like its plans for 30-minute delivery services via aerial drone as revealed on the eve of Cyber Monday.

Black Friday online spending jumps 15% to $1.20B; more consumers opt to shop from home

With more shoppers wishing to avoid the throng, research firm comScore reported a 15% increase of online spending on Black Friday to USD 1.20 billion.


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Wal-Mart's online business had reduced the minimum amount of shopping orders online for Cyber Monday from USD50 to USD35, which is just about the same figure of minimum number of shopping orders at Amazon.
Amazon will be releasing "Betas," a tech comedy show about app entrepreneurs in the Bay Area as it ramps up its original online programming to compete with Netflix and Hulu.
E-commerce company Linio's USD50 million new investment would go towards company expansion. According to a VentureBeat report, e-commerce company Linio received an additional USD50 million in investment.
Amazon introduced its latest addition to the Kindle line, the Kindle Fire HDX. Amazon introduced another addition to its Kindle line. The Kindle Fire HDX in 7-inch and 8.
Joy Covey, Amazon's former CFO, has passed away. The former Chief Financial Officer of Amazon was killed while riding her bicycle on Wednesday afternoon.
Venture capitalists mourned the death of colleague Joy Covey, first CFO of Amazon. Venture capitalists remember Joy Covey as woman who steered Amazon through its toddler years.
Amazon clarified a blog report that the ecommerce firm was preparing its own phone. According to Drew Herdener, spokesperson for Amazon. com, the Seattle based e commerce firm has no plans to introduce a phone in 2013.
European retailers had been looking to get more profit through online food businesses as the grocery segment make up around 40% of retail sales.
In a town hall meeting, Jeff Bezos reassured the editorial staff of his recently purchased Washington Post of optimism in the digital age and continued independent journalism.
Japanese E-commerce giant Rakuten acquired video streaming site Viki for a reported USD200 million. According to a Techcrunch report, e-commerce site giant Rakuten acquired global video site Viki and would sign a reported USD200 million buyout agreement tomorrow.
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