Meal-kit companies are continuing to get funding from big food brands, although Blue Apron‘s initial public offering yielded lackluster performance. Indeed, Big Food players haven’t stopped from diving into the $4.6 billion market of food-delivery services. […]
Souq.com has been bought by Amazon (NASDAQ:AMZN) for an undisclosed amount. It is a day after a counteroffer of $800M from Dubai’s Emaar Malls became public. “Amazon and Souq.com (Private:SOUQ) share the same DNA. We’re […]
Barclays initiates coverage of Amazon with an Overweight rating and $1,120 price target, suggesting 30% upside. The 12-month bull case PT of $1,344 is close to 60% upside. Amazon, says the team, is likely to be one of […]
Amazon (NASDAQ:AMZN) may face penalties after disclosing that it may have violated American law by selling goods covered by U.S. sanctions. “We determined that, between January 2012 and December 2016, we processed and delivered orders […]
Amazon (NASDAQ:AMZN) has received a “countermeasures” technology patent that will give it extra anti-hacking protections when drones are out are doing deliveries, according to the U.S. Patent and Trademark Office. In the filings, Amazon states […]
Continuing to evolve both gaming and non-gaming initiatives, Amazon property Twitch launches IRL, a category designed for live video streaming of “thoughts, opinions, feelings, and everyday life,” signaling movement into area usually associated with YouTube, Facebook and […]
Combined with individual announcement of availability in India, Amazon, as generally anticipated, extends its Prime Video offering into over 200 countries and territories globally (China excluded). Availability of the service is automatically bundled with Prime and of […]
On today’s Amazon Go development, The Wall Street Journal now reports the inaugural beta location in Seattle just one of at least three prospective grocery store formats Amazon (NASDAQ:AMZN) is considering. These additional designs are claimed larger […]
Amazon unveiled plans Monday for Amazon Go, a store concept where shoppers will simply open a smartphone app and scan their phones when they enter, pick up the items they want and leave without stopping […]
Talks with the NBA, MLB, NFL, MLS and elsewhere involving live game rights are reported to have taken place in recent months. Broad and varied interest across offerings is indicated, with scouting for potential content usage from […]
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