Nov 11, 2018 · 4 MIN READ
Sears, the original everything store that once was one of the largest retailers with more than 125-year history, filed for bankruptcy protection. Today, Sears is drowning in $5.5 billion of outstanding debt.
Apr 20, 2018 · 4 MIN READ
On Saturday, March 17, 2018, The New York Times first reported Cambridge Analytica ‘improperly’ harvested millions of Facebook users’ data. Facebook says as many as 87 million people may have had their data accessed. Facebook’s CEO Mark Zuckerberg responded to the situation. “We have a responsibility to protect your data, and if we can’t then we don’t deserve to serve you.”
Mar 5, 2018 · 2 MIN READ
Tariffs are a political tool that has been used throughout history to restrict the flow of imports into a country. A defiant President Trump tweeted on Friday, March 2, 2018, “trade wars are good, and easy to win”. China has clearly indicated that if necessary they will take action.
Feb 11, 2018 · 3 MIN READ
There has never been a company quite like Amazon. The company that once started as an online bookstore has reinvented itself time and again. It now sells almost everything. It is changing the way we read, shop, and compute.
Feb 09, 2018 · 2 MIN READ
Amazon is testing FREE two-hour grocery delivery service to its Prime members who pay for Amazon’s $99-a-year Prime membership through Prime Now fast delivery program. Amazon said Prime customers can enjoy free 2-hour delivery for orders over $35 from Whole Foods Market.
Feb 27, 2018 · 3 MIN READ
It is no secret that Amazon has been dominating the online retail sales in the US. Walmart is looking to make a bigger splash in e-commerce market in 2018. Immediately after Amazon acquired Whole Foods in 2017, Walmart announced to acquire online men’s fashion retailer Bonobos for $310 million. Walmart even changed its official name from ‘Wal-Mart Stores’ to ‘Walmart’, reflecting its increase emphasis on e-commerce.
Jan 4, 2018 · 3 MIN READ
Google acquired the U.S. restaurant reviews specialist Zagat back in 2011 for $151 million. It was one of 57 deals completed completed by the online giant in just first nine months of 2011. Google previously tried but failed to acquire Yelp.
Jan 23, 2018 · 4 MIN READ
Amazon Web Services that was launched in 2006 generates well over $10 billion in revenue annually. Amazon could soon become an operating system for all e-commerce businesses. Amazon stock gained 58% in 2017. At the rate it is growing and expanding, it could be a trillion dollar company in just a few years from now.