Amazon’s new 6-inch tablet will cost US$50

SEATTLE, WA- Inc. (NASDAQ: AMZN) According to a report from the Wall Street Journal  the Seattle-based retailer has a new tablet under the works that will set you back only US$50. Over the course of the last two years Amazon has made tremendous efforts to make a boom into the consumer electronics industry either with a … Read more

Amazon bought Elemental Technologies for $500 millions to get into video streaming

SEATTLE, WA- Inc. (NASDAQ: AMZN) Amazon has realized that the video streaming business is going to turn into a very profitable one soon. For that reason, Amazon’s brand, the Amazon Web Services, has purchased the Portland, Oregon-based video streaming infrastructure company, Elemental Technologies, for the price of US$500 million. No further details have been … Read more