Dr. John Acquaye-Awah, MD, CCD, launched his nonfiction book, The American Doctor: The Boy from an African Village, Paperback – April 5, 2018, at the luxurious Ruffle Feathers Golf Club, 1 Pete Dye Drive, Lemont Illinois on Sunday, October 21 2018. With about two hundred and fifty attendees made up of family, friends, business associates, … Read more
Amazon’s range of smart speakers and their artificial intelligence assistant Alexa have proved to be a huge sales hit. But the product is still a shadow of what the man in charge – Dave Limp – and indeed their owners, hope it will become. “We have thousands of engineers inside Amazon adding to [its] capability … Read more
Jeff Bezos, the owner of online retail giant Amazon.com, briefly held the top spot as the world’s richest person earlier on Thursday when his personal wealth surpassed $91 billion. Bezos briefly beat out Bill Gates, the 61-year-old co-founder of Microsoft Corp, who has held the top spot since May 2013, with $90 billion. But Bezos quickly slipped … Read more
According to Forbes and Bloomberg, the Amazon CEO had a net worth of over $89 billion as of the close of markets Wednesday, while Microsoft co-founder Bill Gates had a net worth of just over $90 billion. Even if Bezos didn’t end the day as the richest man, he will likely take the crown from Gates more permanently in the coming … Read more
Internet colossus Amazon on Thursday reported profit shrank in the recently ended quarter despite surging sales as it poured money into growth. The US-based company said that net sales increased 25 percent to $38 billion when compared to the same period last year, but that profit plunged 77 percent from a year ago to $197 … Read more
Amazon founder Jeff Bezos on Thursday became the world’s richest person, as a jump in the share price of the US tech giant enabled him to overtake Microsoft founder Bill Gates, Forbes magazine estimated. The magazine said its real-time tracking of personal fortunes showed Bezos with a net worth of $90.5 billion, ahead of the … Read more
According to Forbes and Bloomberg, the Amazon CEO had a net worth of over $89 billion as of the close of markets Wednesday, while Bill Gates had a net worth of just over $90 billion. Amazon’s share price has jumped by more than $15 a share overnight, and was recently trading near that level, while Microsoft is down … Read more
Slumping US retailer Sears announced an agreement Thursday to sell appliances from its Kenmore line on Amazon, a move that is expected to stiffen competition for other brick-and-mortar stores. Under the deal, Amazon would offer the most extensive platform for Kenmore products outside of Sears stores and websites, the company said. “The launch of Kenmore … Read more
Shares of iconic US motorcycle company Harley-Davidson stumbled Tuesday following weak earnings that underscored its troubles finding new customers. Shares were down 8.5 percent at $47.60 midday after earlier slumping nearly 12 percent following release of the results. “These are challenging times for motorcycle sales and Amazon.com doesn’t have anything to do with that,” quipped … Read more
US retail giant Target’s chief executive Brian Cornell on Tuesday played down Amazon’s massive deal to acquire grocery chain Whole Foods, arguing that it “validates” his company’s business model. “It wasn’t a surprise that that deal took place,” Cornell told a forum at the Fortune Brainstorm Tech conference in Aspen, Colorado. “It really validates what … Read more
France’s finance minister urged his European counterparts Sunday to do more to chase down tax due from the European operations of US tech giants such as Google, Amazon and Facebook. Bruno Le Maire’s comments addressed an issue which has aroused fierce controversy: the complex tax arrangements of multinational corporations under fire for slashing European tax … Read more
Nike reached an agreement to sell a limited number of items directly on Amazon, executives said Thursday, in a sign of the growing importance of the e-commerce platform. Nike executives described the venture as a “pilot” project to sell some shoes, apparel and accessories, confirming earlier press reports about a deal. Shares of Nike surged … Read more
Amazon just announced its third annual Prime Day, the retailer’s answer to Black Friday that originally started to celebrate its 20th anniversary. While Amazon had previously said they would be doing a third year of Prime Day, this is the first time we’re getting the actual date and previews of some of the sales. Amazon … Read more
Apple is preparing to launch a connected speaker to serve as a smart home assistant in a challenge to Amazon Echo and Google Home, a news report said Thursday. The speaker powered by Apple’s digital assistant Siri may be unveiled at the annual Worldwide Developers Conference next week in Silicon Valley, Bloomberg News reported. The … Read more
Shares of Amazon surged above $1,000 for the first time Tuesday, marking another milestone in the rise of the American online retail giant. Near 14:10 GMT, the company’s shares were selling at $997.97, up 0.2 percent after earlier getting as high as $1,001.20. Amazon’s market capitalization stood at about $478 billion, more than twice that … Read more
Online retail giant Amazon on Thursday opened its first brick and mortar bookstore in New York, selling a limited range of its highest-rated books and letting customers browse products as in times gone by. Amazon, which launched as an online bookseller in 1995 but which now sells everything from designer clothes to groceries, bided its … Read more
Amazon co-founder Jeff Bezos is giving $1 million to the Reporters Committee for Freedom of the Press, the largest-ever gift to the media rights watchdog. The gift from Bezos, who also owns the Washington Post newspaper, was announced at the organization’s awards dinner Tuesday. “This generous gift will help us continue to grow, to offer … Read more
Amazon has announced it will offer live television channels via its Prime Video service, for an extra fee. People will be able to subscribe to popular channels such as Discovery and Eurosport individually, without paying for a bundle of channels. Until now, Prime Video has offered only on-demand films and TV shows in the UK. … Read more
Venezuelans living abroad are collecting box loads of items — including safety helmets, gas masks and first-aid kits — to support the crowds marching in their homeland against the socialist government of President Nicolas Maduro. Increasingly violent near-daily protests that began April 1 have left a toll of 38 dead, and hundreds wounded and under … Read more
Wal-Mart Stores, the 800-pound gorilla of retail, is running hard to catch up in an increasingly crucial segment where it is neither the biggest nor the best: e-commerce. The company, founded in 1962 by Sam Walton, has been gobbling up smaller and niche players in e-commerce in an effort to reach online shopping market leader … Read more