By CCN Markets: There’s nothing more entertaining than a socialist trying to debate a capitalist. Actually, the one thing more entertaining is watching Alexandria Ocasio-Cortez, aka AOC, aka Jar Jar Binks debating Amazon.com AOC Tries to Play with the Big Kids On ABC’s “This Week”, AOC said: “I spend more time thinking about Amazon warehouse workers…if you’re average Amazon worker is making a living wage, if they have guaranteed health care, and if they can send their kids to college tuition-free…paying them starvation wages, stripping them of their ability to access health care…his workers take food stamps…” Amazon clapped back
Trade war or not, Amazon intends to challenge Alibaba’s dominance in China’s e-commerce industry. The Jeff Bezos-led company is on a hiring spree in China. Not to be outdone, Alibaba plans to raise up to $ 20 billion through a listing in Hong Kong. By CCN Markets: The war for China’s e-commerce marketplace is heating up, and it may result in a clash between two titans of industry: US powerhouse Amazon and homegrown champion Alibaba. Both Alibaba (NYSE: BABA) and Amazon (NASDAQ: AMZN) have had new developments emerge this week which signal increased competition in China’s e-commerce industry, despite the looming
As reported by BeInCrypto; Facebook is set to formally announce its cryptocurrency on June 18. Other tech giants are undoubtedly taking notice. How will they respond? Facebook (FB) is betting big on the blockchain space. Although it’s been an open secret for some time now, its native ‘cryptocurrency’ will be announced on June 18. For […]
If you’re looking to acquire some cryptocurrency without having to open an account at a centralized exchange, there are several ways to do so. One is to convert Amazon gift cards into bitcoin cash via Purse.io while helping others spend their BCH.
Amazon (AMZN) shoppers can now pay through Coinbase with several digital currencies including Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC) and Bitcoin Cash (BCH) thanks to a new browser extension called Moon. Adding to that functionality, any Lightning Network-enabled wallet will also soon work with Moon, as detailed in a recent report by CoinDesk. While Amazon […]
Crypto payment startup Moon has announced an online web browser extension that allows crypto users to make purchases on e-commerce sites like Amazon.com with Lightning Network payments, CoinDesk reported.
Once the extension has been added to a user’s browser, they will be prompted to register and integrate it with a Lightning-enabled wallet.
It should be pointed out that Amazon itself doesn’t accept bitcoin. Rather, the process begins with the user paying with crypto assets followed by a payment processor converting the assets into fiat currency and settling with the merchant.
Bitcoin spenders can use the lightning network to shop at e-commerce sites like Amazon, thanks to a new browser extension.
There’s an ever growing list of places on the web where you can spend Bitcoin Cash (BCH). However, Amazon stands out as an online retail giant that dominates many markets. Today’s tip explains how to shop on Amazon using bitcoin cash (BCH) while claiming a great discount to boot.
In Thursday’s edition of The Daily we feature a recent survey that shows 13 percent of shoppers would be happy to buy cryptocurrencies under the Amazon brand. We also cover a new stablecoin integration by crypto card provider Wirex and a token promoted on Coinbase Earn.
By CCN.com: Remember when IBM was the technology trailblazer? It seemed every innovation out of Big Blue took off, leaving any other company that dared to compete in the dust. Well, the tables have turned. No longer is IBM the standout in the technology space, and one of the reasons relates to the strides being
The post IBM Smashes Analyst Estimates, But Can it Catch Cloud Rivals Amazon & Google? appeared first on CCN
By CCN.com: You might think after all the press attention over his divorce, Jeff Bezos might be looking for a quieter 2019. Not so, he’s been spotted stepping out with his mistress Lauren Sanchez. And, with so many big buck projects on the go, it’s not like he’s going to be able to hide away.
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By CCN.com: Amazon Prime memberships are over 100 million in the US alone. According to the third quarter revenue call, the company is aggressively expanding Prime to Canada, Mexico, and China. Amazon Prime means multiple things: faster shipping of products bought on Amazon, access to video-on-demand, and some other benefits. The primary driver for Amazon
The post Prime Problems: Amazon is Losing its 2-Day Shipping Dominance, Will It Matter? appeared first on CCN
A group of Amazon shareholders, organized by a non-profit called Open Mic, are demanding that Amazon cease sales of its Rekognition software to government agencies. Open Mic bills itself as “a non-profit that fosters shareholder engagement at leading tech and media companies.” The facial recognition suite has been proven in independent tests to be inaccurate,
The post Amazon Shareholders: Stop Selling Facial Recognition to Governments appeared first on CCN
News of Amazon chief Jeff Bezos and wife MacKenzie Bezos divorcing sparked questions about how the split could affect the world’s most valuable company’s stock. While there were questions, there wasn’t panic. Investors are in wait-and-see mode. The news, which came Wednesday via a tweet from Jeff Bezos, barely moved Amazon’s share price. It closed … Continued
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As CCN has reported, Jeff and MacKenzie Bezos are officially divorcing. Whether or not the divorce is the result of a months-long affair with Lauren Sanchez has not been confirmed. What we do know is that unless they change their minds, Amazon shareholders have cause for concern. MacKenzie Bezos Likely to Have Restrictions on AMZN
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Retail giant Amazon (AMZN) is reportedly planning on launching its own video game streaming service, adding to its growing portfolio of gaming offerings that already includes the popular social streaming platform Twitch. According to a recent report by The Information, individuals familiar with the matter have revealed that Amazon is currently in talks with publishers […]
Not to be outdone by its FAANG and other technology rivals, it appears Amazon has been secretly developing a game streaming service. It looks set to compete with Microsoft and Google with instant video games housed on powerful servers. Cloud-based gaming, which will negate the need for downloads or game cards, could be one of
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Investment manager Bill Miller — whose firm invested $ 1 billion in bitcoin in 2017 — predicts that Amazon’s stock price will double over the next three years, but believes Apple will struggle in the short term. “Amazon should double again in the next three years,” Miller — an Amazon perma-bull — told CNBC. “The top line is going
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Amazon’s market cap surged past Microsoft and Apple as AMZN shares reached $ 1,629.51 today, a 3.44% increase. It is now the largest U.S. listed company by market capitalization. Amazon has a market cap of $ 796.78 billion, followed by Microsoft’s $ 783.57 billion, and Apple’s $ 701.99 billion. Amazon and Netflix Outshone the Rest of FAANG in 2018
The post Amazon Becomes Largest US Company, Could See $ 1 Trillion Market Cap appeared first on CCN
Amazon is now the fourth largest company in the world behind Apple, Microsoft, and Alphabet (Google) after suffering its worst quarter since the 2008 recession. Merely three months ago, at the start of the fourth quarter of this year, Amazon was valued at $ 1 trillion. Currently, as of December 28, Amazon is valued at $ 680
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