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.
Jan 4, 2018 · 3 MIN READ
Google closed 2017 as the second most valuable company in the world. In 2013, Google acquired Waze for more than $1.1 billion. In 2010, Google acquired online photo editing app Piknik only to kill it a year later. Over years, Google has bought many other small competitors and then let them die, which is why Google is undoubted king of the internet.
Jan 04, 2018 · 4 MIN READ
The Walt Disney Co. has recently announced that it had reached a $52.4 billion deal to acquire the bulk of 21st Century Fox assets. The Disney-Fox deal will also give Disney a majority control of the video streaming service Hulu. Some of the classics 20th Century Fox movie studio has produced include Titanic, the original Star Wars film, and Alien. After this deal goes through, Disney will own the rights to every Star Wars.
Jan 03, 2018 · 4 MIN READ
On December 14, the FCC voted to repeal the net neutrality rules that were put in place in 2015. The vote to repeal came in despite overwhelming public support for a free and open Internet, as the FCC was clearly determined to move ahead with the repeal. So what will the future look like without Net Neutrality?
Dec 12, 2016 · 3 MIN READ
If you have treated yourself with a fancy Starbucks coffee, the chances are they have misspelled your name. What if the misspellings on your cup aren’t actually mistakes? That’s right, we might have been fooled all along.
Dec 28, 2017 · 5 MIN READ
In 2016, AT&T Inc. announced it has reached a $85 billion deal to acquire Time Warner Inc. – that is now being sued by the Department of Justice. If the deal goes through, the telecom giant will gain control of a media empire including CNN, HBO, TBS, and TNT. The deal follows another major acquisition in 2014 when it acquired DirecTV for about $48.5 billion.