{"id":12468,"date":"2019-01-11T09:53:14","date_gmt":"2019-01-11T09:53:14","guid":{"rendered":"http:\/\/www.repricerexpress.com\/?p=12468"},"modified":"2020-02-10T10:38:11","modified_gmt":"2020-02-10T10:38:11","slug":"amazon-news-110119","status":"publish","type":"post","link":"https:\/\/www.repricerexpress.com\/amazon-news-110119\/","title":{"rendered":"The Top 5 Amazon News Stories of the Week"},"content":{"rendered":"

Hope you’ve had a good week so far. Welcome to our weekly roundup of the top five Amazon news stories of the week.<\/strong><\/p>\n

Amazon boss Jeff Bezos and wife MacKenzie to divorce:<\/strong> Reuters via The Guardian<\/a> reports that Amazon CEO Jeff Bezos and his wife MacKenzie Bezos have decided to divorce after a long trial separation, Bezos said on Wednesday in a joint statement by the couple on Twitter. Amazon again became Wall Street\u2019s most valuable company this week, surpassing Microsoft. Bezos\u2019s fortune has soared to more than $160bn, thanks to his stake in Amazon. Continue reading…<\/a><\/p>\n

CES 2019 – Amazon and Google Assistant carve up tech expo:<\/strong> Chris Baraniuk and Leo Kelion at BBC News<\/a> reports that at CES, there’s no shortage of gadgets to talk to. Smart TVs, cars, pianos – and even a toilet – these are just some examples of devices that come with voice-activated helpers. No matter who makes the hardware, the virtual aide linked to or packaged inside is likely to be one of two: either Amazon’s Alexa or Google Assistant.\u00a0Continue reading…<\/a><\/p>\n

Amazon confirms it pays UK business rates of only \u00a363.4m:<\/strong> Sarah Butler at The Guardian<\/a> reports that Amazon has confirmed it pays UK business rates of only \u00a363.4m. In written evidence to a parliamentary inquiry, the online specialist said its UK sales amounted to \u00a38.77bn and it paid business rates on about 94 buildings and on a number of locker sites in the UK. The figures indicate that business rates amount to less than 1% of Amazon\u2019s sales compared to 2.5% for Next, 1.8% by Marks & Spencer and nearly 3.5% by Debenhams.\u00a0Continue reading…<\/a><\/p>\n

Amazon is now the most valuable company on the planet:<\/strong>\u00a0Paul R La Monica at CNN<\/a>\u00a0reports that Amazon is the most valuable company in the world. It passed Microsoft on Monday to take the top spot. Amazon’s stock rallied another 1% Tuesday and the company is now worth nearly $810 billion, compared to about $790 billion for Microsoft. Amazon is up 10% already this year. And Bezos, thanks largely to his 16% ownership stake in Amazon, is worth about $135 billion.\u00a0Continue reading…<\/a><\/p>\n

Amazon launched a new cloud service that’s sending MongoDB shares down:<\/strong> Jordan Novet at CNBC<\/a> reports that shares of MongoDB were down about 10% on Thursday after Amazon introduced cloud-based database software that represents direct competition. In its quest to grow larger, parts of Amazon \u2014 currently the world’s most valuable public company \u2014 have at times ended up competing with certain business partners. That has happened before in the market-leading Amazon Web Services business, and that pattern is continuing.\u00a0Continue reading…<\/a><\/p>\n

Bonus:<\/strong>\u00a0The Resellers Guide to FBA: February<\/a><\/p>\n

Quote of the week:
\n<\/strong>“You can’t go back and change the beginning, but you can start where you are and change the ending.”<\/em>
\nC.S. Lewis, Author<\/p>\n

Have a great weekend!<\/p>\n