Amazon is buying Ring, a business that was once rejected on ‘Shark Tank’

Adam Taylor | ABC | Shark Tank Ring CEO Jamie Siminoff on ABC’s “Shark Tank” in season 5. Tuesday, Amazon agreed to buy Ring, a company that makes smart doorbells, according to representatives of both companies. “Ring’s home security products and services have delighted customers since day one. We’re excited to work with this talented team,” an Amazon spokesperson told CNBC Tuesday. While the official deal hasn’t yet been announced, it could cost Amazon over $1 billion, according to Reuters. Amazon buys digital doorbell maker Ring For Ring’s CEO and founder Jamie Siminoff, achieving…

Read More

Amazon opens largest fulfilment centre near Hyderabad

E-commerce giant Amazon on Thursday opened its largest fulfilment centre near Hyderabad with the view to enhance customer experience ahead of the festive season. The four lakh square feet facility with a massive storage capacity of 2.1 million cubic feet has come up at the Rajiv Gandhi International Airport in Shamshabad, about 20 km south of Hyderabad. This is Amazon’s fifth fulfilment centre in Telangana and the largest in India. Amazon has ramped up the storage capacity to 3.3 million cubic feet in Telangana to enable faster deliveries to customers…

Read More

Amazon issues refund to customers who bought phoney eclipse glasses

E-commerce giant Amazon is offering refunds to customers who purchased eclipse glasses from the platform and warned them not to use the spectacles to view the total solar eclipse that will occur on August 21. The company began notifying the buyers about the “unverified” glasses on Saturday. Those who did not receive a recall email are safe to use the ones they purchased, CNET reported on Sunday. “We recommend that you do not use this product to view the sun or the eclipse,” the email issuing the warning read. Amazon…

Read More

Amazon looks to new food technology for home delivery

Amazon.com Inc is exploring a technology first developed for the U.S. military to produce tasty prepared meals that do not need refrigeration, as it looks for new ways to muscle into the $700 billion U.S. grocery business. The world’s biggest online retailer has discussed selling ready-to-eat dishes such as beef stew and a vegetable frittata as soon as next year, officials at the startup firm marketing the technology told Reuters. The dishes would be easy to stockpile and ship because they do not require refrigeration and could be offered quite…

Read More

Reliance Jio Broadband Tests, Amazon and Flipkart Sales, Nokia 3310 India Launch, and More News This Week

Welcome back to our weekly news roundup, where we catch you up with all the tech news you might have missed during the course of the week. As you may have guessed, some of the news that most people were interested in was about sales, from both Amazon, and Flipkart. Amazon’s Great India Sale started on May 11, and ends today, May 14. In the course of the sale, we’ve seen a number of great offers on phones and other electronics, and Sunday your last chance to get a deal.…

Read More

Amazon Great Indian Sale From May 11 to May 14: Great Offers to Look Forward to

The Amazon Great Indian Sale will return on May 11 and continue till May 14 as the company as the battle for the supremacy in the Indian e-commerce industry continues. Arch rival Flipkart will start its own sale on May 14, the last day of the Amazon sale, meaning back to back discounts for consumers across the two platforms. In the Amazon sale, users can expect up to 50 percent discounts on smartphones, accessories, and other electronics, along with cashbacks on Citi cards. Amazon sale offers Smartphone brands like Samsung…

Read More