Posts tagged “E-commerce”

1:30 p.m. today

Amazon and Foxconn reflect a growing trend: Deliver it now

Amazon  Amazon's plans to add 50,000 jobs at a dozen warehouses across the United States and Foxconn's decision to build a $10 billion plant and hire up to 13,000 workers in Wisconsin aren't just feel-good stories of job creation. They reflect the pressures companies now feel to be as close to their customers as possible -- a trend that's helping restore some American factories and jobs.

6:31 a.m. today

Forbes: Amazon CEO Bezos was briefly the world's richest man

Amazon CEO Jeff Bezos briefly became the world's richest man Thursday in Forbes magazine's tracking of wealth, as stock in his e-commerce company hit an all-time high.

Jeff Bezos Jeff Bezos

12:25 p.m. yesterday

Wall Street darlings Facebook, Amazon hit $500B milestone

Facebook  Facebook and Amazon have joined an exclusive club open to only the richest companies in the world: both crossed the half-a-trillion mark.

Updated 12:45 p.m. Wednesday

Premium Lock Epic's new 'Fortnite' roll-out turns into a technical nightmare

Cary-based Epic Games launched early access to its eagerly anticipated "Fortnite" game on Monday - and immediately ran into server problems. Despite numerous posts from Epic on forums explaining what was happening as the roll-out turned into a day-long nightmare, fans weighed in with attacks - and praise.

Combat in Fortnite  Combat in Fortnite

Updated 7:25 a.m. Tuesday

Premium Lock Alphabet still spells p-r-o-f-i-t-s despite $2.7B EU fine

Google Alphabet, the corporate parent of all things Google, continues to grow revenues despite a whopping $2.7 billion fine from the European Union. Technology Business Research Analyst Daniel Callahan takes a look at the profit-making machine.

Updated 1:31 p.m. Monday

Premium Lock Charlotte fundings: Commerce Signals, Falfurrias raise cash (+ video)

Commerce Signals pulls in nearly $12 million as it seeks to broaden the reach of its platform that offers "data-driven answers" to advertising and marketing performance. Meanwhile, investment firm Falfurrias Capital Partners has raised $7.2 million to fund an acquisition.

12:35 p.m. Monday

Premium Lock Review: Amazon meal kits offer easy dinner - for a price (+ video)

Amazon's new ready-to-eat meal package is the perfect recipe for someone who doesn't have enough time to shop and cook, yet has a healthy appetite and a need for balanced meals. But how does it compare to the competition?

7:12 a.m. Monday

Premium Lock Report: Office space, services surge as sharing economy revenues surge

The sharing economy continues to grow more powerful with revenues forecast to double in five years to more than $40 billion. And new targets for disruption are emerging.

A WeWork photo touts the move toward shared office space A WeWork photo touts the move toward shared office space

July 21

Premium Lock Rocket Fuel sale highlights complexities of ad tech business models

E-Commerce After billions of dollars in venture capital investment and initial public offerings, a fragmented advertising technology (ad tech) sector is maturing and consolidating with new challengers rising to face Google, says Technology Business Research analyst Seth Ulinski.

July 21

'Darknet' crackdown: Cyberpolice shut one bazaar, seize another

In an innovative blow to illicit internet commerce, cyberpolice shut down the world's leading "darknet" marketplace -- then quietly seized a second bazaar to amass intelligence on illicit drug merchants and buyers.

Feds' notice about darknet seizure Feds' notice about darknet seizure

July 20

Amazon isn't technically dominant, but it pervades our lives

Amazon  Amazon's $13.7 billion deal for Whole Foods merely extends Amazon's long quest to make shopping so convenient that consumers won't even think about stepping away from its embrace. The more successful that strategy, the more Amazon can monopolize the attention and shopping dollars of its customers -- which, of course, is perfectly legal.

Updated July 19

Premium Lock Raleigh finance startup lands $3M venture investment

Constellation Digital Partners, a Raleigh-based startup focusing on a finance software platform, lands a $3 million investment from a credit union. The new venture is targeting credit unions, and seven have already signed on as investors.

Constellation Constellation

July 19

Premium Lock Coastal Credit Union's 3-year road to digital finance hit, led by its CIO

You may not have heard of Kris Kovacs or expected a credit union to be a leader in digital banking. No more. Kovacs is spearheading a digital platform that might transform credit unions, and he's reaping awards: Coastal Credit Union and several partners recently spun out a new venture led by Kovacs that has just landed $3 million in new venture capital. Here's the back story about the emerging success of Constellation Digital Partners.

Kris Kovacs Kris Kovacs

July 18

Uber, Lyft take down not just cab drivers, but also lenders

Uber Ride-hailing apps such as Uber and Lyft have been so disruptive to New York City's taxi industry, they are causing lenders to fail.

Updated July 18

Premium Lock That's entertainment: Netflix piles up viewers, big programming bills as stock climbs (+ video)

"Our streaming membership grew more than expected, from 99m to 104m, due to our amazing content," says Netflix CEO Reed Hastings. "We also crossed the symbolic milestones of 100m members and more international than domestic members. It was a good quarter."

Updated July 17

Premium Lock IBM counters cyber threats with 'Z': 12B encryptions a day (+ video)

Worried about cyber crime and hacking? Cloud vulnerability? To counter these threats, IBM is rolling out IBM Z, a new transaction system that Big Blue says is capable of processing "more than 12 billion encrypted transactions" a day. That capacity makes it the world's most powerful, the tech giant claims. Plus: A video about Syztem Z.

July 14

Currency civil war: Dispute could mean financial panic in bitcoin

Got some bitcoin? An internal dispute over the digital currency could soon mean financial losses, whipsawing prices and delays in processing payments. Here's what's going on.

Updated July 13

Premium Lock Red-hot Pendo raises another $25M in venture capital (+ video)

Raleigh-based startup Pendo continues to raise investment capital in red-hot fashion, landing a new round of $25 million. The four-year-old company has now raised $45 million in the past six months.

Techwire Inside Partners
The Skinny: A Blog by Rick Smith