Amazon

Google and Amazon are in a race to $1,000

Shares of both Amazon and Google parent Alphabet are now trading above $800 a share. Amazon is slightly higher than Alphabet -- but not by that much.

Both stocks are near their all-time highs. However, Amazon (AMZNTech30) seems to have more momentum than Alphabet.

Amazon wants Prime members to read a book

Starting Wednesday, Prime members can pick from more than 1,000 digital books, magazines, short works and comic books at no extra cost through Prime Reading.

Subscribers can access reads from any Kindle or Fire tablet or on the Kindle apps for iOS and Android. The rotating selection includes "The Hobbit," "Harry Potter and the Sorcerer's Stone," "The Man In the High Castle" and magazines like Sports Illustrated, People and National Geographic Traveler.

Lady Gaga: Clips from new album 'leak' on Amazon

 

Previews can commonly be heard on Amazon when an album is available for pre-order, but they had been disabled for Gaga's highly-anticipated comeback.

Owners of Amazon's Echo speaker then discovered they could access songs by issuing the instruction: "Play Joanne by Lady Gaga."

Amazon declined to comment to the BBC.

The 30-second clips have been recorded and shared online by several fans, withone video showing Amazon's speaker lighting up and responding to the voice commands.

Twitch to start offering a virtual currency

"Stream+ is a loyalty points system where players can earn points by watching streams," said Patrick Gilmore of Amazon Game Studios.

He said points could be used in "polls and wagering" and could be spent on items to use in games.

The studio's forthcoming multiplayer game Breakaway will be the first title to use Stream+.

Breakaway is Amazon's answer to rival studios Blizzard, Value and Riot, which have all developed similar team-based battle games.

Facebook, Microsoft, IBM, Amazon, DeepMind announce the biggest partnership on AI

 AI creations can write captions for images, create trailers for moviesdiagnose cancer, etc. There has been a lot of development in this field.

Google, Facebook, Amazon join forces on future of AI

Amazon, Google's DeepMind, Facebook, IBM and Microsoft will work together on issues such as privacy, safety and the collaboration between people and AI.

Dubbed the Partnership on Artificial Intelligence, it will include external experts.

One said he hoped the group would address "legitimate concerns".

"We've seen a very fast development in AI over a very short period of time," said Prof Yoshua Bengio, from the University of Montreal.

Amazon and Starbucks pay less tax than sausage stall, says Austria

"Every Viennese cafe, every sausage stand pays more tax in Austria than a multinational corporation," Mr Kern told Der Standard.

"That goes for Starbucks, Amazon and other companies," he said.

He added that EU countries with low corporate taxes were undermining the structure of the union itself.

"What Ireland, the Netherlands, Luxembourg or Malta are doing here lacks solidarity towards the rest of the European economy," he said.

Amazon boss becomes world's third richest

Mr Bezos owns 18% of Amazon's shares, which rose 2% in trading on Thursday. Forbes estimated his fortune to be $65.3bn (£49.5bn).

Amazon's revenue beat analysts' expectations, climbing 31% from last year to $30.4bn in the second quarter.

Profit for the e-commerce giant was $857m, compared with $92m in 2015.

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Shoppers frustrated on Amazon Prime Day

Amazon's Twitter account said it was working to resolve difficulties customers were having checking out.

The promotion ran for the first time last year, when the site also faced technical problems.

More than 34.4 million items were sold that day, exceeding the amount sold on Black Friday the previous year.

This year, customers complained of not being able to check out their purchases, with some missing deals available for a limited time.

Others said they were experiencing issues adding items to their cart.

Drone delivery start-up Flirtey taking on Google, Amazon in race to satisfy safety regulators

It may sound far-fetched but it is closer to reality than you think. And a tiny Australian company called Flirtey claims to be at the front of the flying drone pack.

Flirtey has already made a commercial drone delivery, albeit under strictly controlled conditions.

"I see a not too distant future where seeing a drone delivering a package to you or your neighbour is more common than seeing a postman or Fedex van deliver packages today," Flirtey chief executive officer Matt Sweeny said.