Tagged: Amazon

Alibaba vs Amazon: The race to $500 billion

Amazon has had a good year, but Alibaba has had an even better one – and it’s now within striking distance of surpassing Amazon as world’s biggest ecommerce company by market cap. Amazon (AMZN)...

Twitch Announces New Desktop App

Twitch has revealed a desktop app, appropriately called the Twitch Desktop App, that allows Twitch users to watch Twitch streams, mod in overlays, and more. Perhaps most crucially, the app also allows chat in...

Amazon sets up its war rooms for Prime Day

At Amazon headquarters here, two floors of conference rooms are outfitted as war rooms, the better to absorb the crushing blow of 85 million Prime shoppers feverishly tapping on the best slow cooker deals. Prime Day...

Amazon to buy Whole Foods for $13.7 billion

Amazon said Friday it will buy U.S. organic supermarket chain Whole Foods Market for $13.7 billion, including debt, marking the internet retailer’s largest deal and biggest foray into the brick-and-mortar retail sector. The deal...

Amazon Fights Wal-Mart for Low-Income Shoppers

Amazon.com Inc. is dropping its membership price for low-income shoppers, going after a Wal-Mart Stores Inc. stronghold. The online retailer giant said Tuesday that it will offer a nearly 20% segment of the U.S. population—people who obtain government...