Christmas is finally over and retailers are starting to look at the numbers. For Amazon (NASDAQ:AMZN) and its customers, it was a holiday of big business and savings. In its annual day-after-Christmas debrief, Amazon announced it had signed up to 10 million new subscribers for its … [Read more...]
Amazon Video Streaming Service Could Cripple Netflix
What would Netflix do if a competitor offered its video content for free? The rumors of Amazon launching a free alternative to its popular Prime service are starting up again after a series of outlets have reported that the online retail juggernaut is introducing a new service next … [Read more...]
Amazon Prime Now Includes Unlimited Photo Storage
Amazon is caving into the high demand for cloud storage, something that is being embraced by consumers, corporations and websites all over the world because the data can be accessed anywhere in the world and be edited and viewed at anytime. The online retail juggernaut announced … [Read more...]
Amazon Expects This Holiday Season to be a Winner
We have yet to place this year’s Halloween in the history books, but there has been a plethora of news regarding the Christmas season and what businesses are looking to do to boost sales after a pretty mundane summer. Here are things to know so far regarding the 2014 holiday … [Read more...]
Amazon Unleashes ‘The Most Powerful Tablet Under $100’
Amazon continues to embark upon its journey into hardware with lines of Kindles and tablets. On Wednesday, the online retail juggernaut Amazon.com (NASDAQ:AMZN) unveiled six new or upgraded devices that will begin to ship in October. These electronic devices are meant to maintain … [Read more...]
AT&T Foiled Amazon’s Plan to Release a Budget Smartphone
We reported Tuesday that Amazon would be reducing the price of its Fire Phone from $198 to just 99 cents – its 64-GB phone was slashed from its $300 price-tag to just $100 – over concerns about Apple’s new iPhone 6 unveiling. Business analysts also suggest that Amazon may be trying to … [Read more...]
Concerns Over Apple Inc. iPhone 6 Cause Amazon Fire Price Drop
Amazon (NASDAQ:AMZN) is holding a fire sale of sorts, and it’s not for any of the items sold on the retail juggernaut’s website. Instead, the company is substantially reducing the price of its Fire Phone from $198 to just 99 cents, three months after Amazon debuted the phone on the … [Read more...]
Roger ‘Bitcoin Jesus’ Ver believes Amazon will soon accept bitcoin
Last month, an Amazon executive confirmed that the online retail juggernaut would not be accepting bitcoin because it did not see enough demand. The company did launch its own Amazon Coins virtual currency. One bitcoin expert thinks Amazon will eventually allow its customers to pay … [Read more...]
Apple Inc.’s (AAPL) new-found success guts Twitter, Amazon and Facebook
A mass exodus of investors has been triggered by Apple Inc.'s (NASDAQ:AAPL) positive Q2 earnings report and upcoming stock split. The abrupt hike in Apple's share prices to nearly $600 per share, after lingering in the doldrums closer to $500 per share for years, has been paralleled … [Read more...]
Do Amazon and other corporate giants need bitcoin
When will Amazon, Walmart and Target start embracing the peer-to-peer decentralized digital currency bitcoin? Perhaps never or maybe if bitcoin becomes a lot more mainstream. We reported Tuesday of how Amazon has reportedly declined to offer its millions of customers an option to … [Read more...]
Amazon says there is no customer demand for bitcoin payment integration
In today’s e-commerce world, more and more Internet retailers are installing bitcoin capabilities to tap into that growing virtual currency market as well as to gain more publicity by doing so. Not so for one major company. Amazon, the online retail juggernaut, has reportedly said … [Read more...]
Amazon Prime gets its first price increase since 2005
Amazon will be raising the cost of its popular Prime membership by $20 to a total of $99 per year, the company stated in an announcement Thursday. This will be the very first hike in the price since the program was launched in 2005. The online retail giant’s student subscription will … [Read more...]
Walmart expanding into India’s ecommerce marketplace
Is Walmart entering India’s immense ecommerce marketplace? That is the word on the street from various sources this week. Soon after eBay announced it will be investing $133 million in Snapdeal, Walmart has reportedly hired a team of more than a dozen industry professionals to start … [Read more...]
PayPal’s new ‘digital wallet’ may accept bitcoin
Is bitcoin (BTC) included in PayPal's proposed 'digital wallet' with 'multiple types of currency'? In the past several weeks, reports have surfaced that indicate that the two companies view bitcoin platforms as potential competitors. According to one report released earlier this … [Read more...]
Amazon $50 Discount on Kindle Fire and Barnes & Noble Slashes Nook Simple Touch Price
Amazon and Barnes & Noble both just announced they are cutting prices on their E-reader tablets in an effort to boost sales. Although Amazon's Kindle sales were outdone by Nook sales on Black Friday, Amazon is still selling Kindles at a rapid pace. With eBooks selling faster than … [Read more...]
Amazon Reports First Quarterly Loss in Five Years
Amazon stock sank today after the company posted its first quarterly loss since 2003. It was no small stumble, either. The Seattle-based company reported a loss of $274 million. The 60-cents-per-share loss greatly exceeded the 8-cents-per-share loss Thomson Reuters analysts had … [Read more...]
