Now World's Second-Wealthiest, Bezos Travels to Different Drumbeat


Amazon founder Jeff Bezos has entered more rarefied air, having leapfrogged billionaires Amancio Ortega and Warren Buffett to become the second wealthiest person in the world. Bezos — CEO of the e-commerce retailer and cloud services provider — last week enjoyed a jump of $1.5 billion to $75.6 billion net worth, after his company announced a deal to acquire Souq.com. Also owner of The Washington Post and spaceflight firm Blue Origin, Bezos now trails only Microsoft cofounder Bill Gates, whose net worth is about $86 billion.

The original article can be found here: http://www.ecommercetimes.com/story/84428.html?rss=1

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A Ukrainian man changed his name to iPhone 7 to win a free device

Turin, who entered a contest at his local electronics store, changed his name to iPhone Sim to win the phone for free. Paying just around $2 to change his name, Sim avoided the price of the iPhone 7, about $850 USD.

The original article can be found here: http://www.foxnews.com/tech/2016/10/31/ukrainian-man-changed-his-name-to-iphone-7-to-win-free-device.html

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Time Warner Bets Heavily on Hulu


Time Warner on Wednesday announced it has entered an agreement to buy a 10 percent stake in online-streaming service Hulu, in a bid to leverage its lineup of television and film content on multiple viewing platforms. With the new investment, Time Warner will join a joint venture that includes some of the nation’s largest media companies, including The Walt Disney Co., 21st Century Fox and Comcast. Time Warner will provide Hulu’s new live streaming service, set to launch in early 2017, with live and on-demand content.

The original article can be found here: http://www.ecommercetimes.com/story/83771.html?rss=1

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Oracle Hauls In NetSuite


Oracle has entered into a definitive agreement to acquire NetSuite — the company its former chief marketing officer, Zach Nelson, cofounded in 1998 — for $9.3 billion. NetSuite offers various software packages as cloud-based services, including ERP, accounting, CRM and sales force automation. What’s surprising about the deal is “why it took so long and why Oracle paid so much,” said Trip Chowdhry, managing director at Global Equities Research. Oracle “should’ve purchased NetSuite five years ago at half the price.”

The original article can be found here: http://www.ecommercetimes.com/story/83749.html?rss=1

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Yahoo Deal Could Put Verizon in Google and Facebook's League


Verizon Communications on Monday announced that it had entered into a definitive agreement to acquire Yahoo’s operating business for approximately $4.83 billion in cash. The deal, which comes on the heels of Verizon’s $4.4 billion AOL purchase last year, will allow it to expand its digital advertising business. The purchase will provide Verizon with Yahoo’s ad tech tools, including BrightRoll and Flurry, as well as Yahoo’s search, email and messenger assets. It brings to a close Yahoo’s attempts to find an interested suitor for the company.

The original article can be found here: http://www.ecommercetimes.com/story/83733.html?rss=1

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Microsoft Sees Fertile Ground in Cannabis Compliance


Microsoft has entered a partnership with Kind Financial to create an entity that will obtain government contracts to track seed-to-sale compliance in the legalized marijuana business. The new entity, Kind Government Solutions, will provide state, county and local municipalities with tracking information on marijuana sales to keep them in compliance with government regulations, said Kind Financial CEO David Dinenberg. Microsoft selected Kind to be a part of its newly created Microsoft Health and Human Services Pod for Managed Service Providers.

The original article can be found here: http://www.ecommercetimes.com/story/83627.html?rss=1

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Air Cargo Deal Gives Amazon More Control Over Deliveries


Amazon has entered a 10-year lease agreement with Atlas Air Worldwide Holdings, the aircraft company announced last week. Under the agreement, Amazon has the right to buy up to 30 percent of Atlas Air. Amazon will lease a fleet of 20 Boeing 767-300 converted freighters — including crew, maintenance and insurance — for seven years, with extensions to 10 years. Amazon also will dry lease from Atlas Air’s Titan Aviation unit for 10 years. The dry lease operation calls for Atlas Air to provide the aircraft but no crew.

The original article can be found here: http://www.ecommercetimes.com/story/83479.html?rss=1

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CFPB Asserts Jurisdiction Over E-Commerce Privacy Regulation


Another federal agency has entered the arena for regulating e-commerce companies regarding the protection of consumer data. The federal Consumer Financial Protection Bureau has closed its first and so far only privacy case with a consent agreement between itself and an online payments processor. The CFPB charged that Dwolla falsely claimed that its data security practices exceeded or surpassed industry security standards, and also misled consumers that its information was encrypted and stored securely.

The original article can be found here: http://www.ecommercetimes.com/story/83355.html?rss=1

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Daily Mail Joins Yahoo Bidding Queue


The parent company of British tabloid the Daily Mail apparently has entered what’s shaping up as frenzied round robin bidding war for Yahoo, a firm that long has worn the mantle of a technology relic incapable of exciting interest. The Daily Mail & General Trust on Monday confirmed a report that it has approached private equity companies on a possible joint bid for the firm. Yahoo reportedly has held discussions with Verizon, IAC/Interactive Corp. and CBS Corp., according to the report, but has not yet sat down with Daily Mail executives.

The original article can be found here: http://www.ecommercetimes.com/story/83351.html?rss=1

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Apple partner Foxconn finally seals the deal with Sharp for $3.5B

Article Image Two key Apple suppliers will officially join forces, as Foxconn has entered into a deal to purchase display maker Sharp for $3.5 billion, bringing to an end months of speculation and negotiations.

The original article can be found here: http://appleinsider.com.feedsportal.com/c/33975/f/616168/s/4e9c3f2f/sc/28/l/0Lappleinsider0N0Carticles0C160C0A30C30A0Capple0Epartner0Efoxconn0Efinally0Eseals0Ethe0Edeal0Ewith0Esharp0Efor0E35b/story01.htm

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White House Puts Clamps on Data Center Development


The federal program for improving the operation of thousands of government data centers has entered a new phase that will impact significantly how electronic information is stored and managed. Proposed updates to data center operations will affect providers of data management products and could spur the use of cloud technology. Commercial vendors and others with an interest in federal data center information technology have been invited to comment on the proposals by April 1.

The original article can be found here: http://www.ecommercetimes.com/story/83278.html?rss=1

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Alibaba May Have to Handle SCMP With Kid Gloves


Alibaba Group last week announced that it has entered an agreement to buy the South China Morning Post and other media assets of SCMP Group. Alibaba, which claims to be the world’s largest online and mobile commerce company, said its vision was to provide objective coverage of China to readers around the English-speaking world. The South China Morning Post, a Hong Kong-based English language daily, is known for its tough coverage of Beijing despite the mainland government’s frequent attempts to interfere with media coverage.

The original article can be found here: http://www.ecommercetimes.com/story/82875.html?rss=1

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Deals: $100-$200 off every 12" MacBook; $79 off every new iMac, iMac 4K & iMac 5K

Article Image A handful of Apple authorized resellers this week have entered into a price war on 12″ MacBooks, dropping each model by $100 to $200. Meanwhile, essentially every new iMac configuration (iMac, iMac 4K and iMac 5K) is available from either MacMall and Adorama, and both are offering AI readers exclusive $79 discounts until Oct 31st. The vast majority are also in stock.

The original article can be found here: http://appleinsider.com.feedsportal.com/c/33975/f/616168/s/4b0bb8db/sc/28/l/0Lappleinsider0N0Carticles0C150C10A0C280Ckiller0Edeals0E10A0A0E20A0A0Eoff0Eevery0E120Emacbook0E790Eoff0Eevery0Enew0Eimac0Eimac0E4k0Eimac0E5k0Eall0Ein0Estock/story01.htm

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Amazon Flexes Its Muscles in Crowdsourced Delivery Space


Amazon has entered the on-demand delivery space in its hometown of Seattle, where independent workers are delivering orders within two hours or less. Under its new Amazon Flex program, the company pays workers between $18 and $25 per hour to deliver packages to Prime Now customers, said company spokesperson Kelly Cheeseman. The service is available only in Seattle for now, but Amazon plans to expand it to nine additional U.S. Cities: New York, Baltimore, Miami, Dallas, Austin, Chicago, Indianapolis, Atlanta and Portland.

The original article can be found here: http://www.ecommercetimes.com/story/82546.html?rss=1

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Apple, other big businesses eye Iranian market after nuclear deal, report says

Just hours after the U.S. and five world powers entered into an agreement with Iran to remove sanctions in return for a reduction in nuclear weapons capability, companies like Apple are actively looking for inroads into the starved market.

The original article can be found here: http://appleinsider.com.feedsportal.com/c/33975/f/616168/s/4820aa77/sc/11/l/0Lappleinsider0N0Carticles0C150C0A70C140Capple0Eother0Ebig0Ebusinesses0Eeye0Ereentry0Einto0Eiran0Eafter0Enuclear0Edeal0Ereport0Esays/story01.htm

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IBM, Box Team Up to Conquer the Cloud


IBM and Box have entered a global partnership to combine the two companies’ best-in-class technologies and resources to transform work in the cloud. The two will offer customers IBM analytics and social solutions, IBM security technologies, the IBM cloud, and Box’s cloud content collaboration platform. They will develop joint content management solutions and incorporate Box technology into select IBM MobileFirst for iOS apps. Further, IBM will enable enterprise devs to integrate Box APIs in the IBM Bluemix developer cloud.

The original article can be found here: http://www.ecommercetimes.com/story/82222.html?rss=1

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Why did Verizon Buy AOL?

Verizon Communications has entered an agreement to buy AOL in a $4.4 billion cash deal.  The New York-based companies will combine in an effort to build out a digital advertising business.

The original article can be found here: http://www.foxbusiness.com/technology/2015/05/12/why-did-verizon-buy-aol/

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Apple asks court to seal objections against GT Advanced bankruptcy

Apple on Tuesday entered a motion with the U.S. Bankruptcy Court for the District of New Hampshire requesting to seal objections made in regard to partner sapphire maker GT Advanced Technologies’ Chapter 11 protection filing.



The original article can be found here: http://appleinsider.com.feedsportal.com/c/33975/f/616168/s/3f75324d/sc/2/l/0Lappleinsider0N0Carticles0C140C10A0C140Capple0Easks0Ecourt0Eto0Eseal0Eobjections0Eto0Egt0Eadvanced0Ebankruptcy/story01.htm

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