Ever since it became fashionable to trash Groupon (and it has become VERY fashionable), the response from the company's supporters has been that it's "the next Amazon."
Amazon was subjected to the same knee-jerk skepticism and hate for much of the late 1990s, Groupon supporters point out.
Each of these offerings was a bold bet at first, and sensible people worried (often!) that they could not work. But at this point, it’s become pretty clear how special they are and how lucky we are to have them," Bezos says.
mass-market, mass-merchandise online retailer thatpeople will actually pay to join, it needs tobe an "everything store" just like Amazon. And that's not easy."If they think that partnering with Jet will help them sell inventory that they otherwise wouldn't have sold, then they'll do it. But they've been investing in their own assets in fulfillment and ecommerce.
obile is overtaking the desktop, social is beating search, and messaging apps are challenging email. What’s next? And what can you do to stay ahead?Digital is transforming media like a tidal wave. First the internet and now mobile are reshaping media consumption habits in real time.
Rarely do you see the CEO of a $180 billion company care much about its warehouse workers.But Amazon CEO Jeff Bezos takes a pretty unique approach in providing career help to its employees at the company's fulfillment centers, where Amazon’s orders get packaged and shipped.
In about a year and a half — ever since Jeff Bezos, Amazon’s chief executive, unveiled one — drones for consumer use seem to have proliferated everywhere. Quentin Hardy and Vindu Goel wrote this year about how Facebook is building a V-shaped unmanned vehicle called Aquila to help connect people to the Internet. In China, a drone maker, DJI, has been valued at about $8 billion.
Amazon has made a rare acquisition in the form of 2lemetry , a startup that helps its customers make sense of all the data brought in by connected devices in the workplace or retail store, VentureBeat reports . Terms of the deal weren't announced, and Amazon loves its secrecy. Cutting through the buzzwords, 2lemetry brings "actionable insights" on so-called "Internet-of-Things" data.
YOU might be worth a million (someday), but your pre-revenue company is not... and it def ain't worth $8-12M+ cap."Y Combinator head Sam Altman agrees with other recent complaints that early stage startups are often overvalued. But he blames investors, not the founders who started those companies.
Billionaire investor Peter Thiel has officially joined startup incubator Y Combinator strictly as an advisor, not as an investor. "I’m delighted to announce Peter Thiel is joining YC as one of the (now 10!) part-time partners," Y Combinator CEO Sam Altman wrote on its blog, adding that Thiel was already working with a number of Y Combinator companies.
It has 33,000 employees, and 10 million daily visits.So, surely Soni must be worried about the threat of this giant company, known for crushing competitors even if it takes hemorrhaging money to gain marketshare, trying to move fast into India?"It's about understanding where the future is going to be," Soni says.
The hard-charging white-collar culture at Amazon, which was chronicled by Jodi Kantor and David Streitfeld over the weekend, has sparked numerous online debates about the company.Ezra Klein at Vox wrote that “the real workplace scandal” remains Amazon‘s blue-collar workers, the ones who work at the company’s network of warehouses, and the conditions in which they toil.
Back in August last year Amazon paid a huge $970 million to acquire Twitch , the live video game streaming site. Amazon wasn't the only potential suitor: Google and Yahoo had also lined up potential offers.
A small startup is taking a huge swing at Amazon. The e-book subscription service Oyster — often referred to as the "Netflix for books" because it offers an unlimited reading plan for $9.95 a month — is opening a new store for one-off purchases.
Amazon just launched a new store called " Amazon Exclusives " that only features products you can't find on other ecommerce sites. Sellers on Exclusive can only sell their products on Amazon and on their own websites and physical stores. Amazon says the store will feature innovative items including products featured on the show "Shark Tank.
Apple has plans to issue its first ever debt sale in Japan, as it looks to raise $1.62 billion to fund its cash return program to investors. Apple to Issue $1.62 Billion Debt Sale in Japan This June: Nikkei is a post from: iPhone in Canada Blog - Canada's #1 iPhone Resource
Whether you want to call it a bubble or not,the tech industry is booming. At last count there were 114 privately held companies with valuations of $1 billion or more — often called unicorns. Some, such as Uber and Airbnb, are worth tens of billions of dollars.For the tech industry, these are heady times. But economies and industries usually move in cycles. At some point the party has to end.
According to the leaked presentation slides,Amazon has been quietly recruiting app developers to participate in an upcoming service called Amazon Unlocked that will offer a selection of free Android apps, according to a leaked internal presentation obtained by Tech Crunch's Ingrid Lunden .
We've put a list of the best non-Apple smartwatches on the market right now. Check them out.You'd never guess that this is wearable tech, would you? This amazing looking piece connects with Android TM 4.3 or higher, and gives you notifications about missed calls, messages, upcoming meetings, events, and even local weather forecasts. Plus, it's also water- and dust-proof.