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NEW YORK (AP) — Amazon has long acted like an ideal customer on its own website: a freewheeling big spender with no worries about balancing a checkbook. Investors confident in founder and CEO Jeff Bezos' invest-and-expand strategy flooded into the stock as the company revolutionized shopping, upended the book industry and took on the cloud — even though its vast range of initiatives ate up all the company's profits.
(Reuters) - U.S. TV startup Roku Inc is working on plans to confidentially file for an initial public offering, the Wall Street Journal reported, citing people familiar with the matter. Roku has been working with investment banks, including Bank of America Merrill Lynch and Citigroup Inc, to prepare for a potential offering that could raise as much as $150 million, the Journal said. The company, which makes set-top boxes that connect TVs to the Internet, did not immediately respond to emails seeking comment. ...
Former Secretary Of State, Madeleine Albright may be 77 years old, but that doesn’t mean she still can’t pack a punch. On Thursday, Conan O’Brien tweeted a Halloween joke about the first female Secretary Of State, but her response to that tweet won the Internet. Here’s Conan’s initial tweet: I picked out my Halloween costume. I’m going as “Slutty Madeleine Albright.” — Conan O’Brien (@ConanOBrien) October 23, 2014 And here’s where Albright destroys him: .@ConanOBrien I’m considering going as hunky Conan O’Brien – but that might be too far fetched. — Madeleine Albright (@madeleine) October 23, 2014 It was all in good fun. They later made amends and it proved that you never want to have war of words with a
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Stephen Hawking has joined Facebook, promising to share his work toward discovering "what makes the universe exist" with his followers of his new account. "Our connections to one another have grown infinitely and now that I have the chance, I’m eager to share this journey with you." His page has also posted a video of Hawking accepting the Ice Bucket Challenge, with his three children taking the plunge on his behalf. "It would not be wise for me to have a bucket of cold water poured over me," Hawking says. The video is perhaps a fitting start given that Hawking has dealt with motor neuron disease for most of his life.
Apple Pay rolled out on Monday to a great deal of fanfare, but launching the service was only half the battle. Now Apple is faced with the enormous challenge of gradually adding support for every credit, debit and gift card in the United States in the coming months. It appears that Apple isn’t wasting any time either as reports began to spread on Friday that Apple Pay is now compatible with Amazon Rewards Visa Cards. FROM EARLIER: Why Apple Pay is ‘more safe and secure than using your credit card’ MacRumors notes that the first reports appeared on Twitter and Reddit on Friday morning. This came as a bit of a surprise because Amazon Rewards cards are issued by Chase, one of
The Federal Communications Commission announced today that the spectrum auction planned for mid-2015 will now take place in early 2016. In a blog post, Gary Epstein, chair of the FCC’s Incentive Auction Task Force, says that lawsuits from television broadcasters attempting to prvent the spectrum auction have delayed the proceedings. The airwaves that will eventually hit the auction block are low frequency (600MHz) and therefore attractive to wireless carriers that want to build next generation networks on. ...
Are you excited about the new multi-carrier SIM cards that are coming with the iPad Air 2? If so then you won’t want to hook it up to AT&T’s network. RELATED: Apple never mentioned this key iPad Air 2 feature during its big event Ars Technica reports that while both T-Mobile and Sprint have decided to allow iPad Air 2 models on their network to run with SIM cards that are compatible with multiple carriers, AT&T has decided to lock down this feature on the new iPads that run on its network. “When you set up cellular data on a new iPad with the multi-carrier SIM, you’ll get this screen, which lets you choose a carrier,” Ars explains. “Click on AT&T and you’ll see this
According to a securities filing, the buyer was a Russian-registered firm called Weed Growth Fund, previously known as Ovation Research. The October 20 filing said the price was $50,000 cash and 19,192 shares of Cannabis Sativa worth close to $170,000, which promotes medical uses for marijuana. The reasons for the sale were not clear but Cannabis Sativa chief and former New Mexico governor Gary Johnson has publicly said he thinks marijuana may be used to treat the deadly disease. The seller was Nevada-based Blue String Ventures, which describes itself as an "Internet real estate investment and branding" company.
We’ve known for a while that Amazon’s Fire Phone is this year’s version of the Microsoft Kin or the Facebook-centric HTC First — that is, it’s a phone that is destined to go down as one of the biggest bombs in smartphone history. CNET takes a look at Amazon’s earnings report released on Thursday and brings us some new numbers that show us just how big of a flop the Fire Phone has really been. RELATED: Amazon’s Fire Phone might be a bigger flop than anyone imagined Per CNET, Amazon CTO Tom Szkutak said during an earnings call on Thursday that the company had to take a $170 million write down on the quarter thanks to costs associated with the Fire