Online marketplace Amazon (NASDAQ: AMZN) is making waves in multiple industries with aggressive moves. This appears to be a play at expanding its services and challenging rivals Google (NASDAQ: GOOG) and Apple (NASDAQ: AAPL), as well as other e-retailers. While the company is perhaps most well known for its online marketplace, recent years have brought it to the forefront of the technology and entertainment industries with its online streaming service, Amazon Prime, as well as its investment in portable technology like its Fire tablets and voice command system Echo. But recent announcements suggest Amazon is developing products to further cement itself as the one-stop shop for consumers searching for goods and entertainment.
While audiences continue to forgo traditional cable companies to watch television online, there are few mainstream options to choose from that offer a complete Live TV experience over the internet. Many networks offer live streaming services in select markets across the United States, but there has yet to be a service that has aggregated these streams. Amazon hopes to change this by licensing streams from some of the United States' biggest networks like CBS (NYSE: CBS) and NBCUniversal (NASDAQ: CMCSA). With recent expansion into the television market with its Fire 4K television and Fire TV stick, Amazon can release a new streaming service to its cu...
In October, Microsoft (NASDAQ: MSFT) released a quarterly report that exceeded investor expectations across the world. The tech giant's 2016 fiscal year began with an almost 2% increase in profit to $4.62 billion.Microsoft's unexpected growth can be directly linked to its bustling cloud computing industry. Cloud computing involves the storage and management of data over the internet rather than on local servers. An Oxford Economics and SAP study, "The Cloud Grows U...
Online marketplace Amazon (NASDAQ: AMZN) is making waves in multiple industries with aggressive moves. This appears to be a play at expanding its services and challenging rivals Google (NASDAQ: GOOG) and Apple (NASDAQ: AAPL), as well as other e-retailers. While the company is perhaps most well known for its online marketplace, recent years have brought it to the forefront of the technology and entertainment industries with its online streaming service, Amazon Prime, as well as its investment in portable technology like its Fire tablets and voice command system Echo. But recent announcements suggest Amazon is developing products to further cement itself as the one-stop shop for consumers searching for goods and entertainment.
While audiences continue to forgo traditional cable companies to watch television online, there are few mainstream options to choose from that offer a complete Live TV experience over the internet. Many networks offer live streaming services in select markets across the United States, but there has yet to be a service that has aggregated these streams. Amazon hopes to change this by licensing streams from some of the United States' biggest networks like CBS (NYSE: CBS) and NBCUniversal (NASDAQ: CMCSA). With recent expansion into the television market with its Fire 4K television and Fire TV stick, Amazon can release a new streaming service to its cu...
