Tag: amazon
Evernote quietly disappeared from an anti-surveillance lobbying group’s website
In 2013, eight tech companies were accused of funneling their users’ data to the U.S. National Security Agency under the so-called PRISM program, according to highly classified government documents leaked by NSA whistleblower Edward Snowden. Six months later, the tech companies formed a coalition under the name Reform Government Surveillance,…
Read More
Nobody wins as DoD finally pulls the plug on controversial $10B JEDI contract
After several years of fighting and jockeying for position by the biggest cloud infrastructure companies in the world, the Pentagon finally pulled the plug on the controversial winner-take-all $10 billion JEDI contract today. In the end, nobody won. “With the shifting technology environment, it has become clear that the JEDI…
Read More
India’s central bank says growing presence of Big Tech in financial services a concern
India’s central bank has identified Big Tech’s push into financial services as a challenge for banks in the South Asian market, saying the growing presence of these firms have prompted concerns about creation of an uneven playing field. In a report published on Thursday, Reserve Bank of India (RBI) said…
Read More
Exclusive: Hepsiburada CEO sets out her vision, as it becomes first ever Turkish Nasdaq IPO
Hepsiburada — Turkey’s giant online shopping platform considered the Amazon of its country — floats on the Nasdaq today, for a valuation likely to exceed $3.9 billion on current projections, especially with shares being marked up to $14 apiece (up from the previously predicted $12 pricing). Bu this isn’t the end of the journey for this…
Read More
Forum Brands raises $27M as crowded Amazon roll-up space continues to heat up
The number of startups acquiring e-commerce businesses, especially those operating on Amazon, to grow and scale is increasing as more people than ever are shopping online. The latest such startup to raise capital is Forum Brands, which today announced it has raised $27 million in equity funding for its technology-driven…
Read More
Amazon introduces Reading Sidekick, a kids reading companion for Alexa, and Voice Profiles for Kids
Amazon today announced a new feature that will turn Alexa into a reading companion for children as well as new support for Alexa Voice Profiles for Kids, which personalize the child’s Alexa experience across all Echo devices in the household. The two features go hand in hand, as the Voice…
Read More