With the launch of Chime, a calling and video messaging software available as a web application, Amazon is now in direct competition with Microsoft’s Skype for Business and Cisco’s WebEx. The Seattle-based company is making the software available through Amazon Web Services, which started out as...
Amazon’s Amazon Business unit has inked a multi-year public sector contract to provide public agencies with a slew of different products. According to a report, the deal is valued at as much as $5.5 billion. The deal includes greater than 55,000 organizations, such as state and...
Long ago, value investing proponents such as Warren Buffett and Benjamin Graham put forth the fictional embodiment of the stock market in the form “Mr. Market.” This allegory was, and is, anything but genteel. Think of Mr. Market, said these famed investors, as carried away...
Last week, Amazon released its Q4 earnings report for 2016, and while the company posted revenue of $43.7 billion, the reality fell below The Street’s $44.7 billion expectations, sending shares down 4 percent in after-hours trading as a result. Looking at Amazon’s year-end numbers, it’s...
When PYMNTS released our first “Buy Button” report last year, it came as big news to many that a Pay with Amazon button was present on roughly 10 percent of the top eCommerce sites in the U.S., second only to PayPal (at 70 percent). The...
Amazon is reportedly mulling an automated grocery store that would be two stories and would be staffed with a team of robots that can pull items off the shelves and bag them for shoppers. According to a report by the New York Post over the weekend, sources...
London is calling! Signs are showing that the Amazon Treasure Truck may soon be expanding into the U.K.. According to GeekWire, recent job listings show the company is at least considering hiring employees in London for an initiative that appears to be the Treasure Truck....
The second half of January saw Amazon (AMZN) stock up a net 2 percent since its last tracker. On Thursday (Jan. 26) of last week, Amazon stocks neared their all-time high record (set in October 2016), hitting $842.60 in the early afternoon. Since then, prices slid...
Mr. Bezos is going to Washington, it seems — the latest in an ever-lengthening line of Silicon Valley luminaries to speak out against President Trump’s executive order to effectively ban all travel by foreign nationals from Muslim-majority countries. Marc Zuckerberg posted extensively to Facebook about his...
