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How to make $300M in two months betting on groceries

June 16th, 2017|Categories: Gizmo News|

Today, Amazon made a bid to buy Whole Foods — a grocery chain — for $13.7 billion. That promptly sent the stock up around 30%. And it also looks pretty good considering its history in the past year, [...]

Amazon makes a bid to buy Whole Foods

June 16th, 2017|Categories: Gizmo News|

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Amazon, now a physical retailer too, is granted an anti-showrooming patent

June 16th, 2017|Categories: Gizmo News|

Amazon was recently granted a patent that could be used to prevent brick-and-mortar retailers from leveraging technology in their stores that could stop shoppers from comparing prices of in-store products to those online. Yes, it appears that a [...]

Samsung’s Bixby voice assistant is finally coming to the U.S. — but only as a preview

June 16th, 2017|Categories: Gizmo News|

Samsung’s much-touted, but mostly absent, smart assistant continues to amble its way to the U.S. After a big false start during the Galaxy S8’s launch, Bixby Voice is finally making its stateside debut. At least kind of, sort [...]

YouTube shows off VR-centric video analytics

June 16th, 2017|Categories: Gizmo News|

Google may have a few VR projects lined up across hardware, but for now one of its biggest selling points for mobile VR is YouTube. Today, YouTube announced that it’s bringing heat map analytics to the service so [...]

14 wildly hot takes we need on this Whole Foods + Amazon thing

June 16th, 2017|Categories: Gizmo News|

Amazon just bought Whole Foods for $13.7 billion — which is a huge deal! This is one of the biggest deals of the year and is a big move for Amazon into grocery, a spot where it’s traditionally [...]

Emmanuel Macron proves that he still cares about startups

June 16th, 2017|Categories: Gizmo News|

There’s a weird annual tradition in French politics. French presidents, ministers and hopeful candidates all go to the Agricultural Show in the Porte de Versailles convention center. Somehow, old ideas die hard, and it’s important to show that [...]

Amazon is gobbling Whole Foods for $13.7 billion

June 16th, 2017|Categories: Gizmo News|

Amazon has made a bid to buy Whole Foods in what would be a whopping $13.7 billion deal. The all-cash acquisition (which includes Whole Foods Market’s net debt), will radically shake up any number of businesses and completely [...]

Other grocery stocks plummet as Amazon buys Whole Foods for $13.7B

June 16th, 2017|Categories: Gizmo News|

Amazon scared investors away from competing grocery stores today when it acquired Whole Foods for $13.7 billion. Wal-Mart, Target, Costco, Kroger, and more all saw their share prices sink dramatically. Amazon’s ecommerce empire, sophisticated trucking distribution network, advanced [...]