Meta stuns Wall Street with its first dividend. Amazon and Alphabet may be next. – MarketWatch
Published: February 1, 2024 at 6:41 PM ET Meta Platforms Inc. surprised Wall Street on Thursday by paying its first-ever dividend. This is perhaps Silicon Valley’s most monumental dividend decision since Apple reinstated its dividend more than a decade ago, and could light a fire under other tech giants. Meta Inc.’s META will pay a […]
Amazon profits surge on strong trading season and cloud computing growth | Amazon
Amazon’s profits soared on strong seasonal trading and strong growth in its strong cloud computing business. The world’s largest retailer generated $170 billion in revenue in the three months ended December, up 14% from the same period in 2022 and beating Wall Street expectations of about $166 billion. did. Net income reached $10.6 billion in […]
Ditch your password, switch to a passkey for your Amazon account
Amazon has introduced a new way to sign in to your Amazon account that doesn’t require a password. It’s called a passkey. Amazon was an early adopter of this new authentication method. A passkey lets you sign in to your Amazon account using the same biometric method you use to unlock your device, such as […]
Show your pet love on Valentine’s Day with these 10 Amazon picks
This Valentine’s Day, it’s easy to shop for your dog on Amazon. (St. Petersburg) This Valentine’s Day, don’t forget to pamper your favorite dog with the ultimate treat. Your dog may not understand that today is Valentine’s Day, but she’ll feel some extra love with this list of 10 special V-Day treats for her, found […]
Amazon brings ads to Prime Video, jumping on streaming trend
Evercore ISI Senior Managing Director Mark Mahaney shares his top investment ideas for Varney & Co. Amazon has officially joined the ranks of companies that advertise on streaming services. Users watching Prime Video content in the U.S. will automatically start seeing “exclusive” ads on Monday, about four months after the e-commerce giant first signaled its […]
Amazon Prime Video begins running commercials on streaming service
Amazon Prime Video on Monday began airing commercials on its streaming service for users who declined to pay an additional $2.99 per month for a new ad-free option. announcement In its September switchover, Amazon noted it was increasing its investment in Prime Video, which has dozens of movies, TV shows, Amazon Originals, premium channels and […]
Amazon cancels $1.7B takeover of Roomba maker iRobot
Amazon has scrapped plans to acquire Roomba maker iRobot after the companies mutually determined that the pending deal “has no path to regulatory approval in the European Union.” In a related announcement on Monday, iRobot said it would lay off approximately 350 employees, or 31% of its workforce, as part of its restructuring efforts. Colin […]
A privacy win: Amazon limits police access to your Ring camera
In a bold move to champion personal privacy, Amazon Ring announced major policy changes. Starting in February 2024, Ring will no longer accept requests for home security footage from police through his Neighbors app. This decision marks a pivotal shift in the balance between security and privacy. Ring, a well-known company in the home security […]
MacKenzie Scott, Jeff Bezos’ ex, sold $10B in Amazon stock in 2023
Looks like a prime sale. Jeff Bezos' ex-wife Mackenzie Scott sold about a quarter of her Amazon stock last year, according to regulatory filings. Scott unloaded about 65.3 million shares worth about $10.4 billion at Friday's closing price. Bloomberg News reported. The sale will leave her with about 1.9% of the tech giant's stake. on […]
‘Road House’ Remake Director Furious Amazon Refused Theatrical Release
Doug Liman directs new film road house Amazon is furious that the remake is streaming the movie directly instead of releasing it in theaters. Lehman is furious and is boycotting the film's premiere at the SXSW Film Festival. Lehman was so angry that he wrote: Editorial for the far-left Deadline expressing outrage. Based on what […]