More than a dozen executives and senior managers have left Whole Foods since Amazon acquired the organic grocery chain last year. Citing former employees and recruiters, The Wall Street Journal stated that the employees who departed after the acquisition included leaders of Whole Foods’ bakery,...
Amazon is acquiring Ring, the digital security company that sells the popular Ring doorbell camera. According to news from CNBC, a Ring spokesperson confirmed the deal, telling CNBC the company will “be able to achieve even more by partnering with an inventive, customer-centric company like Amazon....
In news reported Thursday (Jan. 25) by the Denver Business Journal, eCommerce giant Amazon has struck a deal with Colorado-based call center operator STARTEK to acquire as many as 4 million of the latter’s shares. In addition, an eight-year deal between the two firms could mean...
Amazon is reportedly eyeing Boxed.com as an acquisition target, with Jeff Bezos inviting the company’s founder and CEO, Chieh Huang, to Amazon’s headquarters this week. According to a report in the New York Post, citing a source with knowledge of the trip, Bezos invited the...
A month after rumors swirled that Amazon was seeking to acquire Massachusetts-based cybersecurity startup Sqrrl, the deal has come to fruition, according to BostInno. The Information reported that Amazon Web Services (AWS) has acquired Sqrrl, according to multiple sources familiar with the deal. Terms of the acquisition...
Amazon is reportedly holding meetings in an effort to lure more advertisers to its video content platform in a bid to take on YouTube. According to a news report in CNBC citing several unnamed people, Amazon has implied during several meetings that it is gearing...
Whole Foods Market is seeing an increase in brick-and-mortar foot traffic and higher grocery sales since it was acquired by Amazon, despite the fact that its prices are still generally higher than competitors. The Wall Street Journal reported news that Whole Foods Market employees noted...
Amazon has acquired Graphiq, Inc., a data analysis and search engine startup, to help improve its Alexa virtual assistant and other services. The Los Angeles Times reported the news, citing four sources familiar with the deal but unauthorized to discuss it. While one source suggested the...
Amazon is facing calls from a U.S. lawmaker for Congressional hearings on its $13.7 billion bid for grocery store chain Whole Foods Market. According to a report in Bloomberg News, last week U.S. Representative David Cicilline, a Democrat from Rhode Island, sent a letter to...
