Amazon acquires Israeli tech startup E8 Storage

Amazon has bought Israeli storage technology startup E8 Storage, a source familiar with the deal said on Wednesday. The team at E8 Storage, which provides flash storage for the enterprise and software-defined cloud, will merge with Amazon Web Services development center in Tel Aviv, the source added. The source said the valuation of E8 Storage… Read More Amazon acquires Israeli tech startup E8 Storage

Amazon set to launch online food delivery service in India

Amazon.com Inc is planning a foray into the burgeoning online food delivery business in India this year, two sources aware of the development said, in a move that could raise competition in an increasingly crowded market. The Seattle-based company is working with local partner Catamaran, founded by IT industrialist Narayana Murthy, and has begun hiring… Read More Amazon set to launch online food delivery service in India

U.S. Senator Elizabeth Warren vows to break up Amazon, Google and Facebook if elected president

Senator Elizabeth Warren vowed on Friday to break up Amazon.com Inc, Alphabet Inc’s Google and Facebook Inc if elected U.S. president to promote competition in the tech sector. Warren, who is seeking to stand out in a crowded field of presidential candidates, said in a blog post that on their way to the top, the… Read More U.S. Senator Elizabeth Warren vows to break up Amazon, Google and Facebook if elected president

Amazon CEO Jeff Bezos set to divorce wife Mackenzie

Amazon.com Inc Chief Executive Jeff Bezos and wife MacKenzie Bezos have decided to divorce after a long trial separation, Bezos said on Wednesday in a joint statement by the couple on Twitter. Amazon.com again became Wall Street’s most valuable company this week, surpassing Microsoft Inc. Bezos’ fortune has soared to more than $160 billion, thanks… Read More Amazon CEO Jeff Bezos set to divorce wife Mackenzie

Amazon workers stage strikes on Black Friday in Germany and Spain

Workers at Amazon logistic centers in Germany and Spain staged strikes on Friday, walking off the job on Black Friday, the discount spending spree that kicks-off the start of the crucial Christmas shopping season. Amazon Germany said around 620 workers were participating in the strikes at its Bad Hersfeld and Rheinberg facilities but the majority… Read More Amazon workers stage strikes on Black Friday in Germany and Spain

Amazon picks New York City, Washington D.C for second headquarters project

Amazon.com Inc picked America’s financial and political capitals for massive new offices on Tuesday, branching out from its home base in Seattle with plans to create more than 25,000 jobs in both New York City and an area just outside Washington, D.C. The world’s largest online retailer plans to spend $5 billion on the two… Read More Amazon picks New York City, Washington D.C for second headquarters project

Amazon to sell latest edition of Apple’s iPhones, iPads and other products

Amazon.com Inc on Friday said it would carry more Apple Inc products globally in time for the holiday shopping season, as the technology rivals put aside past differences to boost sales. In coming weeks, the world’s biggest online retailer will sell the latest editions of Apple’s iPhone, iPad and other devices in the United States,… Read More Amazon to sell latest edition of Apple’s iPhones, iPads and other products

Amazon plans to split second headquarters between two cities 

Amazon.com Inc is planning to split its second headquarters evenly between two cities, people familiar with the matter said on Monday, in a twist to a more than year-long contest that has drawn overtures from locales across North America. Dallas, Long Island City in New York and Arlington near Washington, D.C. are all among the… Read More Amazon plans to split second headquarters between two cities