Tag Archives: amazon

Over the last decade, specifically after the 2008 global economic recession, chipmakers have emerged as the best performing industry across sectors and regions. The latest industry report shows that the chipmaking industry witnessed a 377% growth in the last 10 years. This is double the growth of the S&P 500 during the same period.This shows that the semiconductor industry remains at the core of this rapidly changing technology. Despite new technologies like AI, blockchain, ML, and others...

Footwear maker Nike’s quarterly earnings have risen by 35%. Fans of the limited edition Jordans brands have been going to the stores and have even ordered clothing online. According to the earnings release, the footwear maker indicated that the Jordan brand just hit its first billion dollars in one quarter buoyed by innovation in designs and increased attention given by the shoppers to the basketball-related activities in niche markets that include international sales and women’s basketball...

The major technology players have teamed up and joined forces to create a common standard that will allow home devices to be able to connect. The technology giants that include Apple, Google and Amazon will create a common standard. This standard will allow devices to communicate seamlessly. Pundits have indicated that this will create a basis for the effective implementation of the internet of things (IoT). IoT has had major issues due to the different methods of communication across...

Bill Gates, one of the world’s most popular people and Microsoft co-founder, has something in common with the company’s CEO Satya Nadella. Can you guess what it is (if not to take the company that unites them)? It has appeared that they both like books.Bll Gates is known to be one of the world’s richest man especially. Though now this status belongs to Amazon founder Jeff Bezos, Gates had managed to take over Jeff Bezos some weeks earlier. But his popularity isn’t all about his money. If it...

The U.S-based mass media and entertainment conglomerate Walt Disney is now enjoying the success of its latest animation movie Frozen 2. According to media reports, Frozen 2, which started to set records just after the release, has crossed a whopping $1 billion in global box office collection.This is also the third movie from Disney Animation (and sixth from the overall Disney group) this year which has crossed a billion-dollar mark. The other five movies that have achieved this milestone...

According to the latest reports, Amazon alleges that it lost out on a $10 billion defense contract since one person hated the company: President Donald Trump. The ‘improper pressure’ and behind-the-scenes attacks by the president harmed the company’s chances of getting this contract. The Pentagon gave the controversial cloud computing contract to Microsoft in October. Amazon appealed the decision practically immediately.In a redacted complaint from a previously filed lawsuit, Amazon explained...

We all know how it is to forget someone’s birthday, holiday or, god forbid, anniversary. Before we used our little calendars with post-its all around saying: “your first kiss anniversary, he wore a brown jumper, buy beer”, etc. However, since we have Facebook, it was hard to forget, well, almost anything. With its ‘calendar’ and ‘memories’ it reminds us of all the things we’ve done in the past – yes, that includes your drunk uncle puking after New year’s brunch. Its “Year in Review” videos,...

Now, we all know SoftBank for its “unicorn status” investment decisions and so it shouldn’t come as a surprise to many that the investment giant has participated in a Series A round of funding for Accel Robotics which is a San Diego-based startup that has been involved in the cashierless space for a bit now. The funding round also attracted other investors including Toyo Kanetsu Corporate Venture Investment Partnership, RevTech Ventures and New Ground Ventures.Accel Robotics and other...

Qualcomm on Tuesday officially announced its next-generation flagship processor for phones. Dubbed the Snapdragon 865 the processor is still in need of a separate 5G modem to enable 5G instead of an integrated 5G modem built right into the chipset. Traditionally, that means more expensive, power-hungry phones than an integrated solution.However, at the Amazon’s event held in Las Vegas called AWS re:Invent, there were plenty of other solutions. Verizon CEO Hans Vestberg went on to discuss the...

While it may sound like a story out of the movies or motivational books that many people read today, the story of Bom Kim who is the founder of Coupang, a $9 billion electronic commerce company has been inspiring through an through. Coupang has been described by many to be South Korea’s “Amazon”, an appellation that hasn’t been accorded to any other company; at least not yet. Coupang has been one of those companies that have had a history of disruption and reinvention which has helped make it...