Tag Archives: amzn

The Forbes list of America’s richest people is out again! Jeff Bezos is still at the top with an estimated fortune of $114 billion. Despite last years’ expensive divorce which saw him give away about 4% of the total company’s value or ($38.3 billion) to his wife McKenzie in July when the marriage was officially dissolved, Jeff remains at the top of Forbes richest 400 with ownership of 12% of the technology giant.Apart from the stake in Amazon, the Bezos own several other properties and assets...

Back in 2016, e-commerce giant Amazon announced its plans to establish a large chain of convenience stores in the United States. Called Amazon Go, the stores are mostly automated and run on computer vision, deep learning algorithms and sensor fusion without cashiers, allowing customers to grab items they need to from the store, and simply walk out.Since inception, Amazon has opened 16 Amazon Go stores with several of them in Washington, Illinois, California and New York and the company still...

Photo: The Amazon blogAmazon yesterday unveiled quite a lot of new updates to the Echo and a few new addons as well. A few new commands to Alexa were also featured and the new option of having a celebrity voice came on as well.Amazon outdid themselves this time with more versions of Echo than you’d expect. Another interesting feature is the echo show which functions as more like a glowing orb which changes colors according to the beat of any music playing in the background. This among other...

As we reported on Wednesday, proceedings for an official impeachment enquiry against U.S. President Donald Trump, was announced by Nancy Pelosi, the Speaker of the House of Representatives, shocking the entire country and the world at large. When this news spread, a lot of people considered what possible effects the situation could have both for the U.S. Stock Market as well as the prolonged trade tensions with China. Now, it would seem that fears have been allayed a bit, as the stock market...

The S&P 500 is the most widely used stock market index as it takes into account 500 of the largest stocks by market capitalization. This position atop other indexes has remained constant for a long time, probably because the index captures the big stocks without taking the specific sectors into consideration.Back in July, the S&P 500 hit its all-time high of about 3,025 and even though its currently not too far from that mark (at 2,992), Fundstrat’s co-founder and managing director,...

Easily the largest e-commerce platform in the world, Amazon has decided to give its customers a new cash-focused way to pay for their online shopping even as the world moves into cashless transactions. According to an official press release, Amazon PayCode will now be available to residents in the US who will be able to pay for already-made orders on Amazon.com, at one of many physical Western Union branches nationwide.The partnership between Amazon and Western Union kicked off a few months...

Photo: UnsplashAmazon Music has done what other major streaming services are yet to do; the inclusion of an “HD” subscription option into its streaming service. Now Amazon Music is in the league of streaming platforms like Qobuz, Tidal, and Deezer, which can boast of high-quality audio options, though these platforms are “smaller” when compared to Amazon Music. The streaming services that are actually comparable to Amazon Music like Apple Music and Spotify are yet to join the high-resolution...