Tech Stock News
Saturday, January 28, 2023
Amazon.com, Inc (NASDAQ:AMZN) introduced a two-hour delivery option in its main app and website. It reduces the delivery time from days to hours and meeting the immediate needs of consumers. As a result, the e-commerce giant decided to shut down its Prime Now delivery App by the end of this […]
Amazon.com, Inc (NASDAQ:AMZN) has been striving to beat both FedEx Corporation (NYSE:FDX) and the United Parcel Service, Inc (NYSE:UPS) in the logistics business. The retailer may succeed in this regard, considering the heavy investments it continues to make in logistics. The company remains to be a close business associate Amazon […]
Customers are set to enjoy Amazon.com, Inc (NASDAQ:AMZN) biometric technology when shopping. It unveiled this technology on Wednesday in some of its Whole Foods stores situated in Seattle. The new advancement simplifies matters for customers who will swipe their palms to pay for products. The technological advancements The system is known […]
Amazon.com, Inc (NASDAQ:AMZN) is setting up a new warehouse and has its eye fixed on three sites in Seattle. This conclusion is based on permitting documents the company filed with the city. The company hopes that it might settle down for one of the sites. The establishment of the new […]
Nike Inc (NYSE:NKE) has since operated mainly as a wholesale distribution business model, but not anymore! The small and independent retailers obtained products from the company to sell them out in different parts of the world. The company back then considered these retailers important to its general growth, but that […]
Online small and mid-sized businesses on Amazon.com, Inc. (NASDAQ:AMZN)’s platform are forced to accept a binding arbitration clause. Such clauses in the agreement make online sellers settle the disputes on an individual basis only and outside of the court. Sellers are barred from teaming up Amazon barred the sellers from […]
Alibaba Group Holdings Ltd (NYSE:BABA) drew robust $5 billion bond sale offers, which shows that investors still have confidence in Alibaba’s long-term prospects amid easing tensions with regulators. Alibaba issues new bonds According to people familiar with the matter, the four tranche offer received over 38 billion in orders at […]
Amazon.com Inc. (NASDAQ:AMZN) has committed $278 million to the opening of two logistic centers in Italy this year. The company will open a new sortation center and a fulfillment center in the country by fall ahead of the holiday shopping season. Amazon to open new logistic centers in Italy The […]
Itau Unibanco (NYSE:ITUB) has selected amazon.com Inc.’s (NASDAQ:AMZN) Amazon Web Services (AWS) to be its strategic cloud provider. The bank seeks to enhance efficiency and increase agility in delivering customer-centric services. Pursuing digital transformation with AWS The Latin American bank will leverage AWS’s leading cloud to expedite digital transformation and […]
Intel Corp (NASDAQ:INTC) has dominated the computer chip market for over a decade, but it seems the tide is changing as the industry becomes more competitive. Amazon.com Inc. (NASDAQ:AMZN) and Apple Inc. (NASDAQ:AAPL) are driving the change after the tech giants indicated that they would cut their dependence on Intel […]