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NAS:AMZN, May 22, 03:42 UTC

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Why Amazon Might Soon Lose Its Dominance in Smart Speakers

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The Latest on Snap, Xiaomi, Netflix, and Amazon(Continued from Prior Part)Chinese smart speaker vendors saw huge growth in Q1The smart speaker segment, led by Amazon (AMZN), has continued to grow tremendously. According to the latest research by.

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Amazon To Build Florida Air Facility At $100 Million Price Tag

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The e-tailing giant will spend more than $100 million to build a 285,000-square foot air cargo facility at Lakeland Linder International Airport, under a 20-year deal unanimously approved on May 20 by the Lakeland City Commission. The blueprint calls for Amazon to lease 47 acres to build a seven-jet cargo hangar, with an option to expand on an additional 62 acres. Amazon will pay the city about $80,000 per month, and would pay the airport 85 cents for every 1,000 pounds of landed cargo as well as a 3 cent-per- gallon fuel surcharge. Amazon opened a 1 million square foot sorting facility in Lakeland in 2014 that is down the street from the proposed complex.

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Jeff Bezos told Amazon employees why he's 'very excited' about the auto industry right now, following two big self-driving investments

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At an all-hands staff meeting in March, Amazon CEO Jeff Bezos told employees that he's fascinated by the recent developments in the auto industry, adding that it was one of the main reasons why Amazon led a $700 million investment in the electric vehicle startup Rivian in February. "If you think about the auto industry right now, there's so many things going on with Uber-ization, electrification, the connected car — so it's a fascinating industry," Bezos said according to a recording of the meeting CNBC has heard. Bezos's comments give a rare glimpse into his interest in the auto industry, which Amazon entered in February through its investments in Rivian and another self-driving tech start-up, Aurora. Following those two investments, Amazon's ownership stake in private companies shot up to almost $1.4 billion last quarter, marking the first time it crossed the $1 billion mark since disclosing that figure in 2015.

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At all-hands meeting Jeff Bezos tells employees he's 'very excited' about the auto industry

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At an all-hands staff meeting in March, Amazon AMZN CEO Jeff Bezos told employees that he's fascinated by the recent developments in the auto industry, adding that it was one of the main reasons why Amazon led a $700 million investment in electric vehicle start-up Rivian in February. Bezos' comments give a rare glimpse into his interest in the auto industry, which Amazon entered in February through its investments in Rivian and another self-driving tech start-up, Aurora. Meanwhile, filings show that Amazon spent a total of $1.2 billion in cash payments related to "acquisition and other investment activity" in the first quarter, a record amount for a single quarter excluding the third quarter of 2017, when it spent $13.7 billion to buy Whole Foods. Amazon continues to be an aggressive investor this quarter, having led the $575 million funding round in Deliveroo last week. While that's a tiny amount relative to Amazon's total revenue ($232 billion in 2018) or assets ($178 billion as of the first quarter), it's still a notable shift from its reputation for being a low-key corporate investor, according to Daniel Aobdia, an accounting professor at Northwestern University.

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Here’s Amazon’s Latest Investment

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The Latest on the NASDAQ, Amazon, Baidu, and iQiyi(Continued from Prior Part)Amazon is investing $575 million in food-delivery business DeliverooAs Amazon’s (AMZN) core e-commerce business is slowing down, it’s looking not only to expand some of.

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Berkshire Buys Amazon.com, But Likes JPMorgan More

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Berkshire Hathaway (NYSE:BRK.A)(NYSE:BRK.B)'s much-awaited 13F form was made public towards the end of last week, finally revealing how much stock Warren Buffett (Trades, Portfolio)'s conglomerate had acquired in online retailer Amazon (AMZN) during the first quarter of 2019. According to the filing, Berkshire owned around 483,000 in the online giant at the end of March, a holding worth around $860 million according to the filing. Still, they do give an interesting insight into where managers are finding value in the market at present. Aside from Berkshire's Amazon buying, the conglomerate also increased its positions in several other key holdings during the first three months of 2019. It would appear that the Oracle of Omaha took advantage of the stock's decline during the first quarter of 2019 to add to his holdings -- for the Berkshire portfolio at least.

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Stein Mart shares soar 45% after plan to install Amazon Lockers announced

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Stein Mart Inc. stock soared 45% in Tuesday trading after the off-price retailer announced that it will install Amazon.com Inc.'s Hub Lockers in nearly 200 stores in 28 states. Amazon Lockers are found in various locations nationwide, including Whole Foods Market. Amazon has also partnered with Kohl's Corp. for the Amazon Returns program, which is rolling out this summer. Stein Mart stock is up 28% for the year to date while the S&P 500 index is up 14.2% for the period.

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Amazon’s Fire TV Has More Than 34 Million Active Users

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Tech Earnings Season: Cisco, Alibaba, and Walmart(Continued from Prior Part)Amazon’s Fire TV continues to grow usersEarlier this year, Amazon (AMZN) said that at it had over 30 million Fire TV users. Jennifer Prenner, Fire TV’s head of global.

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Why Amazon Is Eyeing Bankrupt Sizmek

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How Amazon and eBay Are Working to Drive Future GrowthAmazon pursuing ad-serving technologyAmazon (AMZN) is in talks to purchase ad-serving technology from Sizmek, according to a Bloomberg report. Sizmek initiated bankruptcy proceedings in March and.

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Philips juicers, Garmin smart scales, Amazon devices, Xbox Live memberships, and more on sale for May 21 in the UK

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The important thing to remember is that Amazon always knows best, and a week of deals is better than one day, so stop questioning and start shopping. You can save on leading brands like Garmin, Philips, Anker, and Amazon itself. Nebula by Anker Prizm II 3600 Lux Full HD LED Multimedia Projector -- See Details. Xbox Live 3 Month Gold Membership + 3 Months + Apex 1000 Coins -- See Details.

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