SEATTLE, May 18, 2022--(NASDAQ: AMZN)—Amazon today announced the next-generation Fire 7 and Fire 7 Kids tablets—bringing more speed, performance, and value to the company’s most affordable tablet. The new Fire 7 and Fire 7 Kids offer double the RAM and 40% longer battery life for continual hours of entertainment, video calling, and fun for every member of the family, while the compact size makes it a perfect on-the-go companion. The Fire 7 Kids includes a kid-proof protective case, a one-year su...
Continue ReadingThe New York State Division of Human Rights has filed a complaint against Amazon.com Inc accusing the online retailer of discriminating against pregnant and disabled workers at its worksites...
Continue ReadingCortland, a big Atlanta-based real estate firm, closed on two big multifamily acquisitions in Arlington Tuesday, completing the first phase of its plans to invest $1 billion in local real estate. The company is seeing "return migration to core markets" such as the D.C. area and "this demand shift is expected to continue over the coming years, enhancing our outlook for multifamily communities in the region,” Dan Irvin, a regional director of investments with Cortland, told the Washington Business Journal. Cortland acquired the Aubrey, a 23-story, 331-unit building at 1788 N. Pierce St. in Rosslyn, from D.C.-based Penzance Cos., in addition to the 534-unit, two-tower Aura Pentagon City, spanning 1221 and 1331 S. Eads St., from Chevy Chase-based Polinger Co. and Boston's State Street Global Advisors...
Continue Reading(Bloomberg) -- Microsoft Corp. is bowing to pressure to make it easier for European cloud providers to host the company’s software.Most Read from BloombergWalmart Flashes a Warning Sign to the Entire Consumer EconomyUS Set to Block Russian Debt Payments, Raising Default OddsOnetime Richest Singapore Tycoon Has Lost 80% of His FortuneElon Musk Has a Bigger Problem Than Twitter Bots: A Huge Debt BurdenElon Musk Does Not Care About Spam BotsThe US company is launching a new initiative that will mak...
Continue ReadingPalantir (NYSE: PLTR) and Amazon (NASDAQ: AMZN) both burned the bulls after their stocks hit all-time highs last year. Palantir's stock started trading at $10 after the data-mining firm went public via a direct listing in September 2020. Amazon's stock closed at an all-time high of $3,731.41 last July, but it subsequently tumbled to about $2,200 as investors fretted over its slowing e-commerce growth and rising expenses...
Continue ReadingA host of concerns continue to weigh on the minds of stock market investors, NYSE president Lynn Martin told Yahoo Finance Live...
Continue ReadingAlthough Netflix has essentially been the default for content streaming, it's slowly losing market share due to increased competition -- and increased prices. One of Netflix's biggest competitors, in terms of subscriber numbers, is Amazon Prime Video. While not as headline-grabbing as competitors, like Disney+, Prime Video nonetheless is a solid streaming platform...
Continue ReadingThe valuation of Meesho, the Indian e-commerce rival of retail giant Amazon, more than doubled last year to $5 billion, after marquee investors such as SoftBank and Fidelity pumped in hundreds of millions of dollars...
Continue Reading(Bloomberg) -- PhonePe, an Indian payments company backed by Walmart Inc., will acquire two wealth management firms for a total enterprise value of $75 million.Most Read from BloombergOnetime Richest Singapore Tycoon Has Lost 80% of His FortuneWalmart Flashes a Warning Sign to the Entire Consumer EconomyElon Musk Has a Bigger Problem Than Twitter Bots: A Huge Debt BurdenUS Set to Block Russian Debt Payments, Raising Default OddsElon Musk Does Not Care About Spam BotsThe firm will buy WealthDesk...
Continue Reading* Indian startups brace for tough future after blockbuster year...
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