Amazon.com, Inc. (NASDAQ:AMZN) is planning to launch several new hardware products such as Internet-connected wearables and household products, according to several reports.
Amazon.com, Inc. (NASDAQ:AMZN) rarely ever discusses the numbers for its products. Last year, Amazon said that it had tens of millions of Prime subscribers. Amazon Prime is a service that offers free two-day shipping, Prime Video, Prime Music and a lending library for the Kindle.
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.
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.
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.
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.
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.
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.