Amazon.com’s shake-up of the retail landscape may not be over, according to one well-known technology analyst. The Internet giant will acquire Target, Loup Venture co-founder Gene Munster wrote in a report highlighting
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We know Amazon.com has become a virtual mega-mall for shopping, a creator of gadgets for our daily commutes and our homes and a mover-and-shaker in entertainment. Less well known is how quickly the online retailer
Jeff Bezos is the world’s newest US$100bn mogul. The Amazon.com founder’s fortune is up $2.4bn to $100.3bn (R1.4 trillion at the time of writing), as the online retailer’s shares jumped more than 2% on optimism for Black
I try not to give billionaires or corporate managers unsolicited advice on what they should do with their money. Warren Buffett and Apple both have done rather well for themselves and their investors without
In this episode of TalkCentral, Duncan McLeod and Regardt van der Berg are joined by ICT industry “warhorse” Richard Fearon to chat about the week’s big technology news, including the stunning financial
Microsoft’s push into the cloud forged ahead last quarter, with demand for online versions of Office productivity software and the Azure Web services business bolstering sales and earnings. Profit in the period that
The fortune of Amazon.com founder Jeff Bezos surged by as much as $6.6bn in extended trading on Thursday after the retailer reported third quarter results that topped Wall Street estimates. If the gains hold through Friday, Bezos probably
Banks around the world have spent the past few years preparing for competition from small, nimble technology start-ups. It turns out the real threat may be Jeff Bezos. Financial institutions have parried the threat from fintech firms by
Amazon.com on Wednesday introduced a waterproof Kindle e-reader long-awaited by enthusiasts, the latest in a string of consumer devices from the online retail giant this year. The device, an updated version
Amazon is a company that gets the benefit of the doubt. A lot. No technology company is as ambitious or as feared. Yet no one really knows Amazon’s business strategy, and that’s by design. Most investors are happy for Amazon