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Amazon Appears Poised to Crush Blue Apron

The meal-delivery service went public less than a month ago

(Newser) - Fresh off putting a scare into grocery stores with news it was attempting to acquire Whole Foods, Amazon is now doing the same in the meal-kit delivery sector. Quartz reports Blue Apron went public June 28—the first meal-kit company to do so. Less than a month later, it appears...

Facebook, Amazon, Google Lead Online Charge on FCC
There's a Massive Protest
Happening Today—Online
The Rundown
Jul 12, 2017 2:20 PM CDT

There's a Massive Protest Happening Today—Online

More than 80K websites oppose FCC plan

(Newser) - There's a massive protest happening Wednesday—and it's taking place entirely online. CNBC reports more than 80,000 websites—including Amazon, Facebook, Google, Netflix, Reddit, Airbnb, and Twitter—are taking part in a "Day of Action" to oppose the FCC's plan to weaken net neutrality protections....

Prime Day Isn&#39;t a &#39;Day,&#39; and Other Amazon Tips
How to Dominate
Amazon's 30-Hour Prime Day
the rundown
Jul 10, 2017 11:46 AM CDT

How to Dominate Amazon's 30-Hour Prime Day

One tip: Bookmark CamelCamelCamel.com

(Newser) - Will the third time be the charm for Amazon? Its now-slightly-misnomered Prime Day (it's actually 30 hours long, not 24, this year) kicks off at 9pm EDT Monday. Its inaugural sale in 2015 didn't blow consumers over ; in 2016 there were early-morning website issues for some customers. This...

The Stock Market Crashed Monday. But Not Really

Websites mistakenly shared incorrect test data showing various stocks at $123.47

(Newser) - In browsing finance websites Monday, investors may have mistakenly thought they'd gained millions or billions of dollars—or lost as much. In reality, Google Finance, Yahoo Finance, CNNMoney, and Bloomberg mistakenly reported Monday that share prices for a variety of companies were exactly the same: $123.47, reports CNNMoney...

The Future of Organics Could Be Up to Amazon
Love Whole Foods' Organics?
How Amazon Could Alter Them
the rundown
Jun 30, 2017 11:50 AM CDT

Love Whole Foods' Organics? How Amazon Could Alter Them

One view: Small farms could be hurt, and standards weakened

(Newser) - Amazon rocked the grocery world this month with its plan to buy Whole Foods . While the deal has not been approved yet, it's still generating all kinds of commentary on what it would mean for supermarkets and consumers. At the Washington Post , however, Caitlin Dewey assesses the "big...

Selling Nikes on Amazon Was a Lucrative Hustle—Until Now

Nike strikes deal with Amazon to crack down on 3rd-party sellers

(Newser) - Mike "Reezy" Rezendes II and three full-time employees scour Ross, Marshall's, and Nike Outlets for discounted sneakers and sell them for a slight markup on Amazon, making about $20 in profit per pair. Sam Cohen says he grossed about $1 million after mass-purchasing Nike products at 90% discounts...

Amazon Has New Plan to Dominate Online Clothing Sales

Customers can get up to 15 items delivered—without buying them first

(Newser) - Amazon will soon let customers order clothes and have them delivered to their homes—without paying for them first. The New York Times reports Prime Wardrobe represents the latest in Amazon's ongoing process of eliminating every barrier to shopping online. It works like this: Amazon Prime customers can order...

Amazon Might Have Competition for Whole Foods
Amazon Might Have
Competition for Whole Foods
The Rundown
Jun 20, 2017 2:32 PM CDT

Amazon Might Have Competition for Whole Foods

Experts believe another bid for the grocery chain is likely

(Newser) - Not so fast, Amazon. The tech giant's $13.7 billion acquisition of Whole Foods made headlines last week, but the Los Angeles Times reports it may not be as done a deal as previously believed. Amazon agreed to pay $42 per share for the grocery chain, but those shares...

In Its Biggest Deal by Far, Amazon to Buy Whole Foods
In Its Biggest Deal by Far,
Amazon to Buy Whole Foods
the rundown
Jun 16, 2017 8:17 AM CDT

In Its Biggest Deal by Far, Amazon to Buy Whole Foods

$13.7B deal announced Friday

(Newser) - Amazon on Friday announced it is buying Whole Foods in its biggest deal by far: one valued at about $13.7 billion, including debt, reports the AP . Amazon will pay $42 per share of Whole Foods in a deal that is targeted to close in the second half of 2017....

Amazon Just Made a Major Play for Walmart Customers

Company offers discounted Prime memberships to low-income customers

(Newser) - Amazon figured out a great way to appear altruistic while also taking a shot at its biggest competitor, announcing a discounted Prime member for low-income Americans on Tuesday. Yahoo reports the 45% discount lowers the cost of Prime, which bestows free two-day delivery, to $5.99 for anyone with an...

Just One of 10 Most Valuable Brands Isn't American

Nice job, Tencent

(Newser) - Bragging rights for the world's most valuable brands are usually controlled by US companies, but in this year's ranking by BrandZ , one of China's own cracked the top 10, CNN reports. Tencent, which makes online games, apps, and other digital add-ons, rode on the coattails of its...

Walmart Takes on Amazon With New Delivery Scheme

Company tests plan in which employees drop off orders on their way home

(Newser) - Walmart is now fully in the e-commerce ring with Amazon in a fight that is decidedly giant versus giant. And to try to gain an edge, the retailer behemoth is testing a new scheme: having employees drop off packages to customers on their way home, reports Quartz . The idea is...

Amazon Just Beat Alphabet to Major Milestone

Retail giant's stock slides over $1K mark

(Newser) - Amazon, the e-commerce giant that has changed how much of the world shops for books, toilet paper, and TVs, hit a new milestone on Tuesday as its stock topped $1,000 for the first time. That price puts Amazon's market value at about $478 billion, reports the AP , double...

Amazon CEO Jeff Bezos' Big Idea Was Bananas

Tech giant gives away thousands of free bananas every day

(Newser) - There's always money in the banana stand . Unless you're Amazon, of course. Then you just give those suckers out for free. The tech giant tells the Wall Street Journal it gives away about 8,000 bananas to employees and hungry passersby every weekday from two stands at its...

Woman Regrets Buying Weed Grinder to Grind Her Rosemary

The confused Amazon shopper left a one-star review

(Newser) - It's important we not lose focus on the victims of marijuana legalization: home chefs. Metro reports a woman looking for a kitchen accessory to grind rosemary accidentally bought a device to grind marijuana instead. And she was none too pleased in her one-star review, saying "the rosemary just...

Amazon Is Putting a Homeless Shelter in Its New HQ

The move is being called the company's 'biggest philanthropic venture to date'

(Newser) - Amazon has announced what the Seattle Times is calling its "biggest philanthropic venture to date." Inside an office building at its new Seattle headquarters will be 47,000 square feet of space dedicated to a homeless shelter known as Mary's Place. Since April 2016, Amazon has allowed...

Amazon Unveils an Echo With a Screen

The Echo Show was unveiled Tuesday

(Newser) - It was recently reported Amazon wanted its new Echo product to look at you ; now it wants you to look at its even newer Echo. The Verge reports Amazon unveiled the $229.99 Echo Show on Tuesday. Like the original Echo, the Echo Show has a voice-controlled assistant named Alexa...

10 Highest Paying Internships in US
Here, Interns Can
Earn $96K a Year
May 2, 2017 11:17 AM CDT

Here, Interns Can Earn $96K a Year

Facebook's interns are a lucky bunch

(Newser) - Contrary to popular belief, it is possible to keep a rewarding internship and a roof over your head . If you're prepared for a fight, you can find a great internship that also pays well—$8,000 per month in the case of Facebook. Here are the companies offering the...

Jeff Bezos&#39; Magic Number Is $990
Jeff Bezos'
Magic Number
Is $990
Apr 28, 2017 10:14 AM CDT

Jeff Bezos' Magic Number Is $990

If Amazon shares hit that, and they're close, he'll be world's richest

(Newser) - The world's No. 2 richest man took a big step toward the No. 1 slot Thursday. With Amazon shares reaching as high as $965 in after-hours trading (up nearly $50 from the close) on the news that sales may beat estimates for the quarter, Jeff Bezos' fortune was set...

Would You Put an Amazon Camera in Your Bedroom?

Introducing the new Echo Look

(Newser) - Amazon wants you to install a WiFi-connected camera in your bedroom, bathroom, or wherever you regularly get dressed. You read that correctly. CNBC reports the idea of the newly announced Echo Look was so weird the site originally thought it was a joke. Amazon is billing the Echo Look as...

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