Amazon Posts

Amazon.com, Inc. has launched a Drone Store

Screen Shot 2014-09-09 at 7.17.44 PM

Amazon.com, Inc. (NASDAQ:AMZN) has launched a Drone Store. The Amazon Drone Store sells drones and related accessories. The Drone section includes recreational and photography-based drones. The Drone Store includes cases, batteries, and propellers. There is a “Buying Guide” and “Fly Responsibly” section on the Amazon Drone Store. These sections have flying tips and safety codes from the Association for Unmanned Vehicle Systems International and the Academy of Model Aeronautics. Last year, Amazon.com announced a new project called Prime Air. Prime Air is a moonshot project to deliver packages by UAVs.

[Source]

Amazon.com, Inc. drops price of Fire phone to 99 cents

amazon-fire-phone

Amazon.com, Inc. (NASDAQ:AMZN) has dropped the price of the Fire smartphone from $199 to $0.99 with a two-year contract with AT&T. The Fire phone comes with a year of Amazon Prime. The Fire phone was launched on July 25th. Two of the unique features that the Fire phone has are Dynamic Perspective and Firefly. Dynamic Perspective responds to how the Fire phone is held and Firefly can scan over 100 million objects that can be found on Amazon.com.

[Source]

Amazon.com, Inc. (AMZN) receives $2 billion credit line

Amazon Logo
Amazon.com, Inc. (NASDAQ:AMZN) has received a $2 billion credit facility from Bank of America. The credit facility is for two years and could be extended for another 3 years with approval.

Continue reading →

Amazon.com, Inc. (AMZN) is acquiring Twitch for over $1 billion

Screen Shot 2014-08-25 at 6.50.54 PM
Amazon.com, Inc. (NASDAQ:AMZN) is acquiring Twitch for over $1 billion. Google attempted to buyout Twitch, but that deal fell through according to sources with Re/Code. This is one of Amazon.com’s acquisitions thus far.

Continue reading →

Amazon.com, Inc. (AMZN) invests in Drupal hosting company Acquia

Screen Shot 2014-08-13 at 6.06.39 PM
Amazon.com, Inc. (NASDAQ:AMZN) has invested in Acquia, a company that hosts many websites based on the Drupal content management system. Amazon’s investment was disclosed in a blog post by Acquia co-founder and chief technology officer Dries Buytaert.

Continue reading →

Amazon.com, Inc. (AMZN) rolls out same-day delivery service in 6 more cities

Amazon Logo
Amazon.com, Inc. (NASDAQ:AMZN) has expanded its same-day delivery service in six new areas, including New York City, Baltimore, Washington D.C., Philadelphia, Indianapolis, and Dallas. The same-day delivery service includes more than one million eligible items. In these cities, you will be able to order items by noon and have them at your house by the end of the day seven days a week.

Continue reading →

Amazon.com hires former MTV CEO Judy McGrath as board member

Amazon Logo
Amazon.com has elected former MTV CEO Judy McGrath to its board of directors, starting October 1st. McGrath left MTV in 2011 after working at the company for 30 years. She was named chairman and CEO of MTV in 2004 where she oversaw MTV, MTV2, VH1, Comedy Central, Nickelodeon, TV Land, and Logo.
[Source]

Amazon is investing $2 billion into its Indian retail division

Flipkart-Logo
Yesterday Indian e-commerce company Flipkart announced that it has raised $1 billion in funding. Flipkart competes against Amazon.com in India. Shortly after Flipkart announced the funding news, Amazon.com’s CEO Jeff Bezos said that the company is going to spend $2 billion in its India division.

Continue reading →