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Roku Shares Plummet After Amazon, Best Buy TV Deal

Roma Christian April 20, 2018 No Comments

Shares in video streaming platform, Roku, have plummeted by as much as 9.4% following a recent smart TV partnership struck by Amazon and Best Buy. As previously reported, earlier this week Amazon…

Amazon Move To Cut Out Sellers Of Counterfeit Products

David Richards April 20, 2018 No Comments

According to a leaked email Amazon is set to transition to a new purchase system with the big online retailer set to stop issuing purchase orders through Amazon Vendor Express,…

Amazon Reaches 100 Million Prime Subscribers

Athina Mallis April 19, 2018 No Comments

Amazon CEO Jeff Bezos says there are now more than 100 million Prime subscribers since the service began 13 years ago. Bezos shared the news via the company’s annual shareholder…

Amazon And Best Buy Put Away Differences For Smart TV

Athina Mallis April 19, 2018 No Comments

Fierce retail competitors Amazon and Best Buy have called a temporary truce collaborating on a line of next generation Fire TV Edition smart TVs. The partnership will see Best Buy launching…

Apple HomePod Sales Fall Short, Inventory Piles Up

Roma Christian April 13, 2018 No Comments

Sales of Apple’s HomePod have reportedly missed targets, as employees reveal inventory is pilling up. The news comes as competition within the smart speaker market continues to intensify, with commentators asserting Apple is further…

Amazon Ring Acquisition Complete, Drops Doorbell Prices

Athina Mallis April 13, 2018 No Comments

Amazon has completed its acquisition of doorbell company Ring for US$1bn and to celebrate has dropped the prices of the Ring Video Doorbell to $149. The acquisition was announced in…

Amazon Oz Happily “Misunderstood”, Ramps Up 5 Year Plan

Roma Christian April 11, 2018 No Comments

At its first ‘Innovation Day’ in Sydney yesterday, Amazon Australia affirmed it’s “comfortable” being “misunderstood”, as the e-commerce behemoth outlaid its ambitious expansion plan for the next five to seven…

Apple Lures In Amazon CTO & Google AI Chief

Roma Christian April 9, 2018 No Comments

Former Amazon Chief Technology Officer, Jon McCormack, has jumped ship to rival Apple, following the appointment of ex-Google Head of Artificial Intelligence, John Giannandrea, last week. Both appointments are a notable…

Shares Crash As Trump Slams Amazon Again, Local Retailers “Love It”

David Richards April 3, 2018 No Comments

The US Stock market has plunged due to comments by Trump and a decision by Apple to manufacture their own processors. President Trump’s escalating war of words against Amazon has…

Trump Set To Go After Amazon, Supplier Margins Also Under Threat

David Richards March 29, 2018 No Comments

Australian retailers battling Amazon, are this morning trying to work what will be the impact of claims that US President Donald Trump is set to go after the giant online…