Tag Archives: Amazon

Atlas Air shares fly high on Amazon deal announcement

Shares of Atlas Air Worldwide rose nearly 30 percent Thursday after the company unveiled a new partnership with e-commerce giant Amazon. The stock lost some of its earlier altitude, but ended the day up nearly 27 percent. The air logistics provider said it won a contract to provide support for Amazon’s deliveries. The deal also lets Amazon buy a stake ... Read More »

Nest throws its support behind Amazon Echo and reportedly won’t try to compete

Mar 3, 2016 10:16 AM Nest and Amazon seem to be putting their differences aside and to enable their connected-home products to work with one another. In a blog posting today, Nest founder Matt Rogers announced that in few weeks, Nest thermostat users will be able to set the temperature through Amazon’s Alexa voice assistant, which is available on the ... Read More »

Top tech investor Meeks: Buy Amazon on dip

Getty Images Boxes move along a conveyor belt at an Amazon fulfillment center in Tracy, California. There’s value in some of the technology leaders, so I wanted to embrace them. If I don’t make a “trade” when I think it’s compelling, then shame on me. Active managers should be active. And that’s what I’m doing for my CNBC Pro “Platinum ... Read More »

Amazon shares bounce on news of $5B buyback

Amazon.com said Wednesday it may buy back up to $5 billion in stock over the coming years. Shares rose more than 2 percent in after-hours trading on the news. The company said the program does not have a set expiration time. Amazon said this buyback would replace a $2 billion authorization from 2010. As of Dec. 31 it had used ... Read More »

Backblaze’s Cheap Cloud Storage Service to Take on Amazon, Google, and Microsoft

Backblaze, which is popular for offering unlimited backup storage services, has announced a new cloud service called Backblaze B2 that is at least 4 times cheaper than Amazon’s S3, Microsoft’s Azure, and Google Cloud Storage. The biggest pitch of the Backblaze B2 is its pricing. It costs just $0.005 per GB of storage, compared to Amazon’s S3 and Microsoft Azure ... Read More »

Flipkart Hires Honchos From Amazon, Google, Microsoft

Leading e-retailer Flipkart on Tuesday announced it hired senior executives from its rival Amazon, search engine Google and global software major Microsoft by scouting for best talent on a global scale. “Dan Rawson from Amazon has joined as head of customer logistics and supply chain ecosystems, Ravi Byakod from Google as director of engineering and Anand Lakshminarayana from Microsoft as ... Read More »

Amazon to Let Prime Members Download Videos

Amazon is upping the ante in the streaming-video competition with downloadable videos. The e-commerce powerhouse will now let members of its $99 annual Prime loyalty program download some shows and movies on its streaming video service to watch offline, or when there is no Internet connection available, for free. To watch the content users can download the Amazon Video app ... Read More »

Amazon Underground Offers Android Apps Worth Over $10,000 for Free

Amazon on Wednesday announced its new Android app store called Amazon Underground, which is offering ‘Actually Free’ apps, games, and in-app purchases worth $10,000 (roughly Rs. 6.6 lakhs). The company explains that while many of the free apps in other stores come with hidden in-app purchases, which users discover only after downloading, the ‘Actually Free’ apps in Amazon Underground are ... Read More »

Amazon Sees Line-of-Sight Hurdle to US Drone Parcel Delivery

Amazon insisted Wednesday on a significant change to proposed US drone regulations before it introduces 30-minute Prime Air parcel delivery by unmanned aerial vehicles to its American customers.The online retail giant a major player in the development of UAVs for civilian missions acknowledged safety concerns as the Federal Aviation Administration hammers out a final set of commercial drone-flying rules. But ... Read More »

Amazon Appstore Removes Kodi (XBMC) Over Piracy Concerns

Amazon last week removed the media centre Kodi (formerly known as XBMC) from its Appstore. The app was removed because of concerns over piracy, according to reports. As per Amazon, Kodi can be used to facilitate piracy and illegal downloads of content, which is not allowed on Amazon’s Appstore. That’s not exactly correct, and in fact, the XBMC Foundation, which ... Read More »