An e-commerce marketplace Souq.com headquartered in Dubai, which was already commonly described as “the Amazon of the Middle East” has been recently acquired by Amazon. The retailer employs more than 3,000 people and sells over 400,000 products, from clothes and perfumes to notebooks and televisions to neighboring Middle Eastern countries such as Kuwait, Oman, Bahrain and Egypt. The well-established player has over 23 million online visits per month.
Japanese tech giant has recently announced the SF-G UHS-II SD card claiming it will be the world’s fastest one. The maximum write speed for the SF-G series will reach 299 MB/s, while the read speed will hit 300 MB/s. For comparison, Amazon’s current bestselling SD card can only handle 80 MB/s read and write speeds. The SF-G cards are waterproof, temperature resistant, shock proof and X-ray proof. The cards optimized for professional photographers, DSLR and mirrorless camera users will be available in 32GB, 64GB and 128GB variations.
Here is our new list of remarkable M&As. As usual it is drawn up in a date order.
Last month we’ve published an article about remarkable M&As of August 2016. This September world-known companies were rather active in acquisitions, too. Here is a list of the freshest M&A transactions.
Slow loading web pages are a common problem. A load speed is a crucial point especially for such services as Amazon, The New York Times and other. According to the latest investigations, these companies lose one percent of profits for every 100-millisecond of delay.
Over the past years, one of the most interesting and discussed topics was definitely the Internet of Things, called by a lot of people “the next big thing”. But since you must be curious about what we’re actually referring to, it’s basically a network of physical objects , or devices, vehicles, building and many other items you can think of, embedded with electronics, software, a lot of sensors and, of course, connected to the internet, being able to collect and exchange data.
Amazon launches a service that allows automatic restocking of household devices.
Not long ago Amazon has introduced its Dash Buttons – a service for connected home appliances able to reorder the dish soap or shaving foam for you when stuff was running low.