Amazon

Company
About Amazon

Amazon is an e-commerce retailer formed originally to provide consumers with products in two segments. It offers users with merchandise and content purchased for resale from vendors and those offered by third-party sellers.

Operating in North American and International markets, Amazon provides its services through websites such as amazon.com and amazon.ca. It also enables authors, musicians, filmmakers, app developers, and others to publish and sell content via its branded websites.

Amazon also provides Kindle Direct Publishing, an online platform that allows independent authors and publishers to make their books available in the Kindle Store. In addition, it provides co-branded credit card agreements and advertising services, serves developers and enterprises through Amazon Web Services, and manufactures and sells electronic devices.

It offers Amazon Prime which is an annual membership program. It provides free shipping, streaming, and access to books to borrow and read on a Kindle device.

Amazon Details
Operating Status: Active
Business Type: Private
Founded: 1994
Headquarters: Seattle, Washington, United States
CEO: Jeff Bezos
Founders: Jeff Bezos
Amazon News
“Bitcoin Billionaires” Author Says Bezos Would Be a Better Option for Libra
July 19th, 2019

Ben Mezrich, the author of “Bitcoin Billionaires,” thinks that Libra would have had a much better shot if not Facebook but Amazon was at the wheel.

Space, the Final Frontier: Amazon Launching Thousands of Internet Satellites
July 16th, 2019

According to FCC, with their Project Kuiper, Amazon wants to put 3,236 broadband satellites into orbit. There are almost 4B people in the world who don’t have access to reliable broadband internet and with this project, they intend to fill that gap.

‘Keep Big Tech Out of Finance’ Says the Congress
July 14th, 2019

It seems that big companies as Facebook, Amazon and Google might be forbidden to launch their digital assets. If the Congress’s Bill pass – they could face with paying $1K penalties per day. Even though it’s not likely for bill to pass, it presents another obstacle for Facebook’s Libra.

Fidelity, Amazon and Deloitte Supporting New Blockchain Accelerator
July 12th, 2019

Fidelity, Deloitte, Amazon, and 20 other firms are backing a new blockchain accelerator program that is set up by IDEO CoLab Ventures, a venture arm from design firm IDEO.

‘Every FAANG Company Will Have Crypto Project Within the Next 2 Years,’ Say Winklevoss Twins
July 11th, 2019

Popular crypto bulls and co-founders of Gemini Exchange, the Winklevoss Twins, have predicted that in two years, all the FAANG companies will follow Facebook’s footsteps and launch their individual cryptocurrency ventures.

Latest Companies' News

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“Bitcoin Billionaires” Author Says Bezos Would Be a Better Option for Libra

Ben Mezrich, the author of “Bitcoin Billionaires,” thinks that Libra would have had a much better shot if not Facebook but Amazon was at the wheel.

Binance Fixes the Circulating Supply for Binance Coin, BNB Price Shoots 5%

The anomaly with the circulating supply of Binance Coin caused a massive $1.5 billion drop in its market cap this week. Binance assures that it has resolved the problem and BNB is back on track.

Binance Updates IEO Rules on Its Launchpad

Binance Launchpad lottery rules have been updated. As it has been revealed by the company, it extends Binance Coin holding period implementing a number of others minor changes.

Coinbase Deposits in the U.K. Now Takes 10 Days with Minimum Deposit £1000

Recent reports show that Coinbase has changed the minimum deposit for U.K. customers. Now the minimum deposit is £1000 staff has confirmed in private e-mails on July 16.

Japan to Begin Developing SWIFT-like Network for International Cryptocurrency Payments

Japanese government to create a network similar to SWIFT, for international cryptocurrency payments. The Ministry of Finance and the Financial Services Agency will deploy this network to also tackle financial crimes.