Amazon

Battle of the Billionaires: How Elon Musk Rocketed Behind Bezos

Elon Musk's wealth grew to more than $100 billion since the COVID-19 pandemic began, from $24.6 billion in March to $126 billion in November. How did he got the edge among others?

Amazon to collect state sales tax marking the end of tax-free shopping experience

Amazon was one of the leaders in keeping online purchases tax-free. As the company moves to offer faster deliveries, it expanded its distribution centers and started collecting sales tax in more states.

Jeff Bezos becomes second richest in the world surpassing Warren Buffett, Amancio Ortega

Jeff Bezos added $1.5 billion to his fortune after Amazon rose to $18.32 on Wednesday following the announcement that it acquired Dubai-based online retailer Souq.com.

Amazon acquires e-commerce platform Souq.com

Amazon executives did not disclose the value of the deal to which Goldman Sachs refer to as the "the biggest-ever technology M&A transaction in the Arab world."

Amazon Prime get 3 million new subscribers during the Christmas week

The online retailer says it sold 3 million Prime memberships in the week before Christmas. The latest figure marks a huge increase for the company and the company even described it as their busiest Christmas to date.

German labor union Verdi calls out strike for Amazon workers

Amazon German employees have been called out for strike by labor union Verdi. It is the third consecutive year of the strike, aiming to raise pay rates and provision of other benefits. The company's warehouses opened in Poland and Czech Republic provides workers with wages, which is quarter to what earned by German workers.

The UCCS professor invented sleep hat to fight insomnia

A professor at the University of Colorado invented a hat that can fight insomnia. The hat, called Sleep Shepherd, works by slowing brain activity naturally with a pulsating tone that can induce sleep.

Razor CEO : Hovertrax Board Completely Safe

Razor USA, the company behind the wildly popular scooters, has high hopes for its version of the hoverboard. Its Hovertrax board started selling earlier this month and is more than doubling its sales daily, according to founder and CEO Carlton Calvin. That's welcome news to Calvin and his team, especially given the recent controversy around the two-wheeled self-balancing rides. Fire safety concerns in the U.S. and UK have led Amazon and Overstock.com to ban the sale of the self-stabilizing scooters. The potential risks associated with hoverboards may not be enough to stop people from buying them, however.

Amazon Shuns Selling Hoverboards: Fire Risk Demands for Stringent Implementation of Consumer Act

Amazon, the online sales store has decided to shun selling of self balancing scooters or hoverboards after Trading Standard, Product Safety watchdog confiscated some 15,000 hoverboards, those have been brought to UK for selling. Non compliant UK plugs, faulty chargers and cables have caused fire incidences in UK, USA and Hong Kong. Moreover, faulty design containing lithium ion- powered battery emits radiation that may cause fire and so aircraft have also slapped ban on carrying any sort of self driving scooters.

Amazon pulls out hoverboards, questions safety, after fire-related incidents

After a series of hoverboard fire incidents made it to the headlines, Amazon is pulling out the device from its store and is questioning its standards.

The Plan to File a Lawsuit Against Amazon by the NJ Mayor has been Abandoned

People from all over the world were contemplating if filing a lawsuit against Amazon is justified by NJ Mayor over traffic issues. Surprisingly, within a couple of weeks, NJ Mayor has withdrawn his decision to sue Amazon and clarifies the reason behind his sudden decision change.

Golden Globes Nominees: We Like to Netflix and Chill Too

The nominations have been announced for the 73rd Golden Globe Awards and the majority of the nominees are from the on-demand viewing channels instead of broadcast TV.

Amazon tops the 10 tech stocks in billionaires' trading

Technology stocks have been at the center of attention for billionaire traders on the Wall Street this year so far. Amazon leads the top-traded technology stocks among high net worth traders on the buy list. After recording encouraging gains in 2015, the FANG (Facebook, Amazon, Netflix and Google) stocks may witness reverse trend in 2016, forecast market analysts.

Meet Alexa, the voice behind Amazon Echo speaker

Meet Alexa, the voice behind the interactive Amazon Echo speaker. Alexa is a voice controlled personal assistant. Unlike Apple's Siri, Microsoft's Cortana, and Google Now, it has a physical presence. It is 20 cm-tall black cylinder, which contains Wi-Fi, two speakers, seven microphones, and connects to the cloud. Pringles-can-sized Echo costs around $200.

Amazon Prime Air gives customers a glimpse of the future of delivery in its new video

Amazon released a video demonstrating a working prototype of a hybrid drone promising to deliver goods to customers in 30 minutes or less.

1 2 3 4 5

Latest Stories

Regulatory Hurdles Remain Despite Cannabis Reclassification

Tuesday afternoon saw a spike in cannabis stocks due to reports that the Biden administration might reclassify the substance as less harmful. T

Forget Starbucks, This Restaurant Stock is the Next Hot Ticket

You would be better off searching elsewhere for investors seeking the type of growth that Starbucks embodied in its earlier years.

The Truth About Tipping: Are There Situations Where It’s Optional?

If you're not sure whether to tip, you might want to consider asking yourself these questions.

Investors Pull Another $51.5 Million from US Spot ETFs

Net withdrawals from spot bitcoin exchange-traded funds in the US were over $51.5 million.

Is Your Bank Safe? Hundreds of U.S. Lenders Face Potential Failure

Numerous small and regional banks throughout the United States are experiencing significant strain.

Must Read

Stay Connected with Money Times

` `