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Tag Archives: Amazon

Black Friday pushes Jeff Bezos net worth to $100 billion

Being the richest man in the world wasn’t enough. After Amazon shares climbed on Black Friday, founder and CEO Jeff Bezos saw his…
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Amazon to open visually focused AI research hub in Germany

Ecommerce giant Amazon has announced a new research center in Germany focused on developing AI to improve the customer experience — especially in visual…
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Why Dropbox decided to drop AWS and build its own infrastructure and network

There is always a tension inside companies about whether to build or to buy, whatever the need. A few years ago Dropbox decided…
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Nestl acquires a majority stake in Blue Bottle Coffee at a valuation north of $700M

Blue Bottle Coffee, one of Silicon Valley’s favorite coffee projects, is selling a majority stake to Nestlé in a big semi-acquisition this morning…
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A Donald Trump tweet knocked $6 billion off Amazon’s value

Image: alex wong/Getty ImagesDonald Trump knocked $6 billion off of Amazon before most of the country was awake. In a tweet sent at…
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Hear, boy? Pet translators will be on sale soon, Amazon says

Retailer backs futurologists claim that devices conversing in canine will be available in, ruffly speaking, a decadeImagine talking to a tiger, chatting to…
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Amazon isnt developing its own winesyet

According to numerous reports out this morning, Amazon entered the wine business with its own label in partnership with Oregons King Estate Winery,…
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Facebook is winning the social networking war, but here’s how Amazon almost did it first

Amazon CEO Jeff BezosImage: David Ryder/Getty ImagesIt may seem like Amazon is suddenly hungry to take over the world, but the company has…
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Walmart reportedly wont bid for Whole Foods after Amazons huge offer

Walmart isnt actively considering a bid for Whole Foods, which Amazon said it would purchase for $13.7 billion last week, according to a…
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How to make $300M in two months betting on groceries

Today, Amazon made a bid to buy Whole Foods a grocery chain for $13.7 billion. That promptly sent the stock up around 30%.…
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