Tag "Amazon"

Amazon pumps in Rs 100cr in its Indian wholesale business

By : CIOL Writers

Amazon Wholesale, the business-to-business wholesale marketplace that operates amazonbusiness.in received an investment of Rs 100 crore last December from Amazon Corporate Holdings Singapore and Amazon.com, Mauritius, according to documents filed with the Ministry of Corporate Affairs. As first reported by Economic Times, Amazon Wholesale also

Intel, Salesforce, eBay, Sony and others join the grand AI partnership club

By : CIOL Writers

Adding more ammunition to the grand AI alliance, Intel, Salesforce, eBay, Sony, SAP, McKinsey & Company, Zalando and Cogitai are joining the Partnership on AI, a collection of companies and non-profits that have committed to share best practices and communicating openly

Amazon launches ‘Echo Show’ with a 7-inch screen and video-calling feature

By : CIOL Writers

After weeks of leaks and rumours, Amazon has finally debuted its new voice-controlled speaker that features a 7-inch touchscreen display. Besides the 7-inch touchscreen that can display visual content like weather reports and music lyrics in response to your voice queries,

Google, Amazon quietly kill their Apple Watch apps

By : CIOL Writers

Apps like Google Maps, Amazon and eBay have quietly abandoned the Apple Watch App Store in the recent weeks without any announcement or explanation. The trend was first spotted by AppleInsider that says that while Google pulled support for its Maps app

Amazon to shut down ‘Underground Actually Free’ program that offers Android apps for free

By : CIOL Writers

In a not so good news for customers, Amazon has announced that it will be shutting down its “Underground Actually Free” program, which offers customers free versions of paid Android apps. This also includes applications that require users to make in-app purchases. Amazon says that the program

Apple’s Echo competitor with Siri could be launched at WWDC 2017

By : CIOL Writers

Apple, reportedly, is working on a Siri-based smart home device with a speaker that could be launched as early as this WWDC. That’s according to Sonny Dickson, who claims that Apple is currently in the process of finalising the speaker’s

Amazon beats expectations with eighth straight quarterly profit

By : CIOL Writers

Riding on the back of its steadily growing online retail and cloud business, Amazon posted its eighth straight quarterly profit beating Wall Street expectation. In the first quarter ended March’17, Amazon posted revenues of $35.71 billion with an earning of $1.48

Amazon to sell digital subscriptions with a new program- Subscribe with Amazon

By : CIOL Writers

In a bid to expand its Subscribe & Save feature into a full-fledged platform, Amazon has announced ‘Subscribe with Amazon‘ that lets publishers and other digital creators sell digital subscriptions like streaming services, Headspace meditation, Dropbox Plus, as well as workout videos, online classes, meal

More than 160 tech companies file brief against Donald Trump’s latest immigration ban

By : CIOL Writers

Its 162 tech firms against Donald Trump. Tech titans like Google, Facebook, Amazon, Twitter, Apple, Microsoft, Snap and 150 other tech companies have filed an amicus brief in support of a lawsuit challenging the revised immigration order issued in March. The

Amazon launches fire TV stick in India to take on Google Chromecast

By : CIOL Writers

Amazon has launched its Google Chromecast rival, Fire TV Stick, in India that will let you access thousands of movies, TV shows, apps and games from various content providers. The streaming device priced at Rs 3,999 comes with a quad-core processor and fast Wi-Fi

Mark Zuckerberg sold over $1bn worth of Facebook stock in 2016 to fund Chan Zuckerberg Initiative

By : CIOL Writers

Following in the footsteps of Amazon’s Jeff Bezos, Facebook CEO Mark Zuckerberg also sold more than $1 billion worth of Facebook stock last year to support his philanthropic project, the Chan Zuckerberg Initiative. According to the Securities and Exchange Commission

Jeff Bezos’ new venture Blue Origin is costing him $1bn Amazon stock a year

By : CIOL Writers

Jeff Bezos, the billionaire founder of Amazon, is selling about $1 billion in Amazon stocks per year to finance his venture Blue Origin, a rocket company which aims to launch paying passengers on 11-minute space rides starting next year. At the

Flipkart reportedly to raise up to $1.5bn in new funding round

By : CIOL Writers

After a tough season marked by devaluations, cash crunch and executive exits, Flipkart is finally making news for all the right reasons. India’s largest e-commerce marketplace is all geared up to get between $1.2 billion and $1.5 billion in fresh

Amazon introduces tools to help developers create engaging Alexa Skills

By : CIOL Writers

Amazon is giving one more ability to its Alexa Skills– to fetch information regarding its user’s locations. Aiming to help Alexa developers create more functional and engaging Alexa Skills, Amazon has announced some new tools for development. Now developers can use the new

Amazon acquires Middle-East e-commerce giant Souq.com

By : CIOL Writers

Amazon has agreed to buy Middle-East’s biggest e-commerce platform, Souq.com. The acquisition had been making a lot of rumours in the past week, but Amazon has now officially confirmed the deal without disclosing its value. SOUQ.com, that is often referred to as the Amazon of

Flipkart reportedly to acquire eBay India

By : CIOL Writers

India’s startup poster boy Flipkart is planning to acquire eBay India’s operations as part of its latest funding round of $2billion, according to a Factordaily report. Earlier this week, Bloomberg reported that Flipkart had raised $1 billion and further aimed to

Flipkart likely to raise $1.5bn from Tencent and eBay

By : CIOL Writers

Finally, Flipkart seems to be ending its fund-drought phase, which has been going on since last year. Flipkart is reportedly in talks to raise $1.5 billion from Chinese Internet giant Tencent and eBay. According to the Economic Times report, US-based

Besides Siri, iPhone users can now also use Alexa’s services

By : CIOL Writers

Siri is getting a new roomie, Alexa. Yes, now iPhone users would not only be availing the services of the intelligent virtual assistant, Siri but could also use Amazon’s app with its digital voice assistant, Alexa. Though Siri will be the

AWS has acquired meeting productivity startup Do to boost Chime

By : CIOL Writers

Amazon’s new communications suite for businesses may only be a month old, but Amazon is already devising ways to enhance the product that it offers through Amazon Web Services (AWS). The company has acquired Do.com, a startup that specialises in making meetings more productive with services

Twitch announces a new social media feed, Pulse

By : CIOL Writers

Amazon-owned video game streaming company Twitch has announced a new feature Pulse, an integrated social media feed “where streamers can post and engage with all of their followers and the greater Twitch community right from the Twitch front page.” Similar to