January 15, 2024

FedEx Drops the Box, Picks Up the Mic: fdx Aims to Be More Than Just Delivery in E-Commerce Showdown

For decades, FedEx has been the king of deliveries, whisking packages across continents with swift efficiency. But in the ever-evolving world of e-commerce, delivering boxes on time is no longer enough. Enter fdx, FedEx’s audacious new platform that aims to transform the company from a mere delivery service into a full-fledged e-commerce player, potentially shaking […]

Amazon
Prerna
by Prerna
October 7, 2023

Amazon’s Project Kuiper Takes Flight: Launches Internet Satellite Prototypes to Rival Starlink

In a significant stride towards expanding its presence in the satellite internet arena, Amazon successfully launched two prototype satellites as part of Project Kuiper. The move positions Amazon as a formidable competitor to SpaceX’s Starlink, marking the early stages of a grand initiative set to deploy over 3,200 internet satellites in low orbit. Here’s a […]

August 5, 2023

Amazon Stock Surges Over 8%, While Apple Shares Drop 4.8% on Gloomy iPhone Sales

In a dynamic day for the tech market, Amazon.com exhibited remarkable resilience by closing up more than 8 percent on Friday. The surge in Amazon’s stock value was attributed to positive signs indicating robust performance in its key growth engines – e-commerce and cloud-computing. This optimistic performance stood in stark contrast to Apple, which witnessed […]

June 1, 2023

Amazon doubles storage capacity in Saudi Arabia with new Riyadh facility.

In a move aimed at expanding its presence and enhancing selling opportunities for small and medium-sized businesses (SMBs), Amazon has launched a new fulfillment center in Riyadh, Saudi Arabia.