Stories 51970

Amazon Rival Rakuten Is Jumping Into Bitcoin And Crypto--Is Amazon Next?

Forbes – Billy Bambrough – Amazon rival Rakuten, a Japan-based online retailer which has been expanding around the world in recent years, has begun accepting registrations for its new cryptocurrency exchange, Rakuten Wallet—with bitcoin and cryptocurrency investors…

Amazon Gives Up on Chinese Domestic Shopping Business

The New York Times – Karen Weise – SEATTLE — Amazon may dominate online shopping in the United States, but in the world's second-largest market it is all but calling it quits. Amazon said late Wednesday that it was closing its domestic e-commerce business in China. The…

You Can Now Shop With Bitcoin on Amazon Using Lightning

CoinDesk – Bitcoin spenders can now use the lightning network to shop at e-commerce sites like Amazon. Crypto payment processing startup Moon announced today that any lightning-enabled wallet can now also be used through Moon's browser extension. Before this…

BBC faces lethal competition from Amazon and Netflix, warns ex-chief

The Sunday Times – Grant Tucker – A former top executive at the BBC has warned that it is “at risk of being eaten” as new figures reveal that more than 880,000 television licences were cancelled last year. Roger Mosey, the former editorial director, writes in The…

Apple's cloud business is hugely dependent on Amazon

The Verge – Nick Statt – Apple's future beyond the iPhone increasingly involves software services, ranging from Apple Music and iCloud to its new TV Plus video offering and its News Plus magazine subscription. Yet a big factor in helping those cloud-based services operate…

Amazon, Disney in play for Sunday Ticket

ProFootballTalk – Mike Florio – Before the next wave of TV deals will be negotiated, the NFL will surely be doing its biggest deal yet in the environment where much of what used to be viewed on TV is now being consumed. Via NBCNews.com, the NFL could move its out-of-market…

Amazon opens Key delivery to garages

TechCrunch – Brian Heater – Starting today, Amazon can drop off packages to your garage. Assuming, of course, you're cool with that. The massively multiplayer online retailer just expanded its Key delivery options to include garage, a feature it announced at the beginning of…

How AI powers Amazon

The Economist – AMAZON'S USE of artificial intelligence has long outstripped Facebook's and Google's. Just how ingrained is AI at Amazon ? Also, David Wallace Wells, a journalist and author, explains the diminishing optimism of the climate-change movement. And how…