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Apr 24, 2017

Hard times for retailers – JCPenney, Sears and Bebe are closing their stores

It is a pretty tough time to be in retail. After the bad news for JCPenney and Sears, another retailer Bebe Stores Inc announced the end of its long-time reign. Bebe – the newest victim Bebe said on Friday the company is going to close all its stores by the end of May. It happened the month af... Read more >>

Apr 13, 2017

How Elon Musk and Jeff Bezos left their all competitors behind

Even if you are not following news about Jeff Bezos, the Amazon CEO, and Elon Musk, the SpaceX and Tesla CEO, you probably noticed that in last two weeks there are much more buzz about their activity than usual. It seems like both men want to make us clear: they are the leading tech-related figures... Read more >>

Apr 10, 2017

Amazon has acquired a Middle East retailer that was valued around $1 billion

On 28th of March Amazon announced the plan to expand its activity in the Middle East. The e-commerce giant is buying the largest online retail platform in the Arab world, called Souq.com, which was valued around $1 billion. Souq.com reportedly attracts over 45 million visits per month and althoug... Read more >>

Apr 10, 2017

What is going on? Sears stock is up 50% in a week

After Sears Holdings stock went down in early 2017, two insiders last week started a massive buying of shares that lift up the company to the top. However, it is just a well-played stratagem that can trick stock traders. Since bottoming out at $7.60 two weeks ago, Sears Holdings shares are up nea... Read more >>

Mar 30, 2017

Delivery robots and robo-farms: Here is what Amazon will bring to our world soon

Can you imagine the world where your food comes from robo–farms, walking robots are delivering Amazon Prime packages and traveling out of space for holidays is a totally normal thing — there are just a few of concepts being discussed at secret Amazon’s MARS conference in Southern California and this... Read more >>

Mar 30, 2017

Which Device Can Tell You More Answers: Google Home vs. Amazon Echo

Stone Temple Consulting asked both devices (Google Home and Amazon Echo) 5,000 questions to see which one is more ‘intelligent’. Google showed much higher results, however, it does not mean that Alexa is less useful. One of U.S. digital marketing agencies, “Stone Temple Consulting” made a study t... Read more >>

Mar 09, 2017

Amazon Earnings Beat On Profit – Short Sellers Are Being Squeezed Out

Amazon was responsible for 43 per cent of all U.S. e-commerce sales in 2016. This resulted a hard start of the year for short sellers. Last month online retail giant Amazon announced that fourth quarter revenues exceed $43.7 billion and the company earns $1.54 per share. Among the busines... Read more >>

Mar 09, 2017

Amazon Reveals the Cause of a Massive Server Crash Last Week

If your favorite website wasn't accessible last Tuesday, you weren’t alone… As was reported, Amazon’s cloud services suffered from technical problems. Many internet services, devices and computers were affected, and the reason why it happened is quite unexpected. “Amazon Web Services” (AWS) is th... Read more >>