After tech giant Apple last month, another American company, the e-commerce major Amazon has now crossed the 1 trillion-dollar mark at the stock market. Trading at USD 2,050.27 yesterday afternoon, Amazon shares lifted the firm’s market valuation to more than […]
Colonizing the Moon has been on humanity’s mind for a long time. It is one of the most suggested solutions to over-population and over-exploitation of resources on Earth. While all other options are expensive, the Moon being our closest neighbor, […]
San Francisco: Amazon.com chief executive officer (CEO) Jeff Bezos said the world’s largest e-commerce company is testing drones to deliver goods, as it works to improve efficiency and speed in getting products to consumers. Bezos unveiled the plan on CBS’s 60 Minutes news programme, showing interviewer Charlie […]
Amazon announced its lower-than-expected fourth quarter earnings yesterday. Net income decreased 45% to $97 million in the fourth quarter, or $0.21 per diluted share, compared with $177 million, or $0.38 per diluted share, in fourth quarter 2011. Net sales increased 22% […]
Amazon has released a large amount of data about online sales in 2012, with lots of factoids and vague figures for digital downloads, purchases, and product shipments. And the biggest piece of data revealed by the company was the number […]
