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Amazon quietly signed a $5.5 billion deal to sell its products to American cities — here are some of the biggest spenders
Local governments across the US have partnered with Amazon to buy school supplies, electronics, and more from the site using public funds. A new report reveals the total purchases of 60 agencies, from cities to counties to school districts.
Amazon relies on Prime membership to grow sales, but sometimes not even its own infrastructure can keep up with the 100 million-plus-member monster it has created.
Now you can order a beer at a baseball game with a text — and it’s a great example of of how Apple is going after Facebook
Starting today, at Citizens Bank Park, where the Philadelphia Phillies play, you'll be able to order beer and water with a text message. It's part of a new pilot program that Aramark is trying out using Apple's Business Chat platform.
Amazon, JPMorgan, and BlackRock are all snapping up space in the new $25 billion Manhattan neighborhood that’s reshaping the city
Tech and financial firms and settling down in New York City's Hudson Yards, the biggest real estate development in American history. Once a largely vacant industrial district, Manhattan West has transformed into a hotspot for wealthy New Yorkers.
Amazon's servers couldn't handle the amount of traffic on Prime Day, causing the company to launch a backup landing page and cut off all international traffic, according to documents obtained by CNBC.
Jeff Bezos is now the richest person in modern history — here’s how he spends his money on philanthropy
Bezos is the only American in Bloomberg's ranking of the world's top 5 richest people to not join the Giving Pledge. In June, a year after asking his Twitter followers for input on philanthropic strategies, Bezos said he has settled on two areas and will announce them by the end of the summer.
Shoppers had trouble connecting to Amazon's website throughout its Prime Day sale — which most likely cost the company millions. Regardless, it was still believed to have its biggest Prime Day sale yet.
Amazon won a major battle in Seattle, but a Big Tech ‘head tax’ could still happen for Google, Twitter, and Apple
This week, the Seattle City Council repealed a $275 per-employee tax for larger companies amid pressure from Amazon. Mountain View, San Francisco, and Cupertino, California — the homes of Google, Twitter, and Apple — are considering similar head taxes.
At a time when Amazon continued to grow — and other traditional retailers like Walmart are beefing up their online presence — eBay can't afford to stumble, analyst say. Amazon now accounts for 49.1% of all e-commerce market share, according to data from eMarketer, up from 43.5% last year.
AWS CEO Andy Jassy told Cisco CEO Chuck Robbins that "AWS is not actively building a commercial network switch." A report in The Information last week indicated that Amazon was looking to produce its own network switches that would be cheaper than Cisco's.