The very service that businesses, universities and institutions depend on suffered a setback causing a ripple effect across the World Wide Web. With Amazon.com’s cloud services suffering a technical glitch on Tuesday, users and businesses across the web experiences disruption… Read More ›
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Wal-Mart closes in on Amazon.com with its acquisition of Moosejaw for $51 million
Under the leadership of CEO Doug McMillon and e-commerce chief Marc Lore, Wal-Mart is steadily closing the gap with rival Amazon.com Inc. With Wal-Mart Stores Inc working strategically to gain the upper hand against the world’s biggest online retailer, it… Read More ›
Any of Wal-Mart’s offering can now be bought online or at its brick-and-mortar-store
This strategic move will help minimise redundancies in its purchasing strategy, streamline it operations, and help it capitalise on its expertise of being able to provide offerings in its product basket for the lowest possible price. In what is likely… Read More ›
Snap Inc’s forecasts $1 billion for Amazon’s cloud services
Snap already has a $2 billion contract for Google’s cloud services. The $1 billion it plans on spending on Amazon’s cloud services is in addition to its Google cloud service commitments. Eventually, Snap plans on investing in its own data… Read More ›
Apple and Amazon scrap their exclusive agreement for the sale and distro of audio books
The deal had earlier prompted lodging of a complaint by the German Publishers and Booksellers Association to the European Commission and the German Federal Cartel Office thus triggering an investigation by the German Enforcer. Both regulators have now welcomed the… Read More ›
American Apparel’s branding theme could potentially create pressure points for its acquirer
With Donald Trump pressurizing companies to subscribe to his agenda, American companies such as Amazon.com and Forever 21, could succumb to cost conscious competitor such as Canada’s Gildan Activewear Inc. According to sources familiar with the discussion at hand, online… Read More ›
Retailers and shippers feel the pinch of free delivery costs
With FedEx and UPS unable to replicate the revenue model of Amazon.com’s $99 a year Prime membership model, shippers and retailers are feeling the squeeze. In an unassuming building located in Addison, Chicago, engineers from United Parcel Service Inc. have… Read More ›
U.S Supermarket chain Albertsons in advanced talks with NY-based Grocery Store Price Chopper
If the deal goes through, Albertsons will significantly boost its presence in the U.S. Northeast where Price Chopper already has market presence. The move could help Albertsons fight off online retail giants such as ALDI Inc., Amazon.com Inc. and Wal-Mart… Read More ›