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Bitcoin hits new high as Amazon registers cryptocurrency domains

... rce giant Amazon.com has registered a trio of new cryptocurrency-related domains.  Amazon registered the domain names amazonethereum.com, amazoncryptocurrency.com, and amazoncryptocurrencies.com on Oc ...More

EJ Insight2017-11-03

Cloud market growth tops 40%; Amazon still surging

As a trio of major tech companies released their quarterly earnings reports, tech behemoths Amazon, Google and Microsoft again managed to impress Wall Street. In particular, Amazon’s cloud computing a ...More

EJ Insight2017-11-01

Amazon makes push into pharmacy business

Amazon.com Inc. is considering entering the US$412 billion pharmacy business, a move that will shake up the industry, but success in the endeavor could prove elusive, the Wall Street Journal reports. ...More

EJ Insight2017-10-30

Amazon 3Q results beat forecasts; shares surge

Amazon.com reported on Thursday a 34 percent surge in revenue for the third quarter, topping market expectations, helped in part by its acquisition of grocery chain Whole Foods Market and strong sales ...More

EJ Insight2017-10-27

Alphabet advertising revenue jumps

... h-up with Amazon Web Services in the business of providing corporate computing services via large data centers. The company does not break out its cloud revenue, but Jefferies analysts estimate Google ...More

EJ Insight2017-10-27

The emotionally intelligent robot

... his year, Amazon announced plans to enter the fashion industry. It will launch clothing products and accessories under its own brand. Members of its Prime Wardrobe can try out the products before purc ...More

EJ Insight2017-10-26

Amazon to offer smart locks for secure home deliveries

Amazon.com Inc. has plans to drop off packages directly into shoppers’ homes. The world’s largest online retailer on Wednesday announced Amazon Key, a lock and camera system that users control remotel ...More

EJ Insight2017-10-26

Amazon receives 238 proposals for second headquarters

Amazon.com said on Monday that it has received 238 proposals from cities and regions across North America after the company invited bids to host its planned second headquarters. The e-commerce giant r ...More

EJ Insight2017-10-24

What HK can learn from the bidding war for Amazon headquarters

... n ticket. Amazon is looking to establish a second headquarters in North America, and, not surprisingly, more than 100 cities are falling over themselves trying to lure the company. Amazon announced th ...More

EJ Insight2017-10-23

Several US cities vie to host Amazon second headquarters

Several cities and states in the United States as well as Canadian authorities are vying for Amazon's attention as the e-commerce giant seeks to set up a massive second headquarters facility. BBC repo ...More

EJ Insight2017-10-20

Investing is a marathon, not a sprint -- even during revolutions

...  Foods by Amazon, and China banning initial bitcoin offerings have reminded us of the pace of tech transformation. But investing is a marathon, not a sprint. In the past 10 years, Amazon’s market valu ...More

EJ Insight2017-10-17

IKEA turns to e-commerce giants to sell furniture

... ing with, Amazon and Alibaba are expected to be its potential partners. Founded in Sweden and headquartered in Leiden, the Netherlands, IKEA has more than 400 stores in 49 countries. About 2.3 billion ...More

EJ Insight2017-10-12

Alibaba to invest US$15 bln under global R&D program

... rce titan Amazon Inc., as well as global payments, cloud and logistics firms. Along with an existing data science research lab in California, Alibaba has opened new data centers in Europe, the US, the ...More

EJ Insight2017-10-11

Crypto-fool's gold?

... sweeping, Amazon-like ambition of Ethereum is to allow its users to employ the same general technology to negotiate and write “smart contracts” for just about anything. As of early October, Ethereum’s ...More

EJ Insight2017-10-10

Why Jeff Bezos raves about Nobel laureate Kazuo Ishiguro

... orites of Amazon founder and chief executive Jeff Bezos. He has recommended The Remains of the Day publicly, and it’s also on “Jeff’s Reading List”, which Amazon employees are encouraged to read. The ...More

EJ Insight2017-10-10

Emerging market tech stock boom gives fund managers a headache

... soft, and Amazon – make up 13 percent. The increasing use of ETFs has helped boost valuations further because they must follow the index weighting. And the index’s concentration has intensified as val ...More

EJ Insight2017-10-10

Drug chains tumble on reports Amazon eyeing their pie

Shares of drug retailers Walgreens Boots Alliance Inc., CVS Health Corp and Rite Aid Corp. tumbled on Friday after reports that Amazon.com Inc. was looking to make a move into selling drugs online, Re ...More

EJ Insight2017-10-09

Amazon testing own delivery service to rival FedEx, UPS

Amazon.com Inc. is testing a new delivery service that could potentially rival those offered by longtime partners United Parcel Service Inc. and FedEx Corp., Bloomberg reports, citing unnamed sources. ...More

EJ Insight2017-10-06

Google launches new phones, speakers in hardware push

...  Inc. and Amazon.com Inc. Google’s new products, including a Pixelbook laptop, wireless earbuds and a small GoPro-like camera, showcase Google-developed operating systems and services, notably the voi ...More

EJ Insight2017-10-06

Spotify's valuation hits US$16 bln in private trades

... Music and Amazon Music, and potentially fund an expansion into adjacent businesses, such as video, or geographies it has yet to reach. A high market valuation would also bolster Spotify’s position in ...More

EJ Insight2017-09-28

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