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.
Even though the idea behind the Internet of Things is relatively new, there are a lot of companies, like Amazon, for example, which are looking forward to integrate it in their business. Also, more and more countries seem interested in implementing the ecosystem at a larger scale.
The United Arab Emirates is one of them, looking forward to take everything to a whole new level. Last year, a full plan for a smart city was presented and it has all the chances of becoming reality, becoming the first true Internet of Things network in the Middle East, revolutionizing the cities and usage of resources, through the data provided by sensors.
Of course, this doesn’t mean that the idea behind the Internet of Things can’t be applied at a smaller scale as well. For example, think at your house. Using a couple of IoT devices can easily turn it into a smart house, permanently connected to the Internet. Like mentioned above, Amazon made an incredible progress towards this direction, by releasing the Dash system, a consumer goods ordering service.
Keeping it short, it allows you to keep inventory of consumer goods in your house or order items just by pressing one button. But this isn’t the only great Internet of Things Implementation. Besides the FitBit and Next thermometers, the platform is integrated in printers as well. Through a special printer app, they can send you mobile notifications, whenever consumables, like ink, toner or paper, are required.
And what if we told you that you can also enjoy the advantages of Internet of Things enabled appliances, like a yogurt make or even a multi cooker. Belkin, for example, teamed up with CrockPot and launche, thanks to their WeMo connected appliance platform, unveiled a IoT slow cooker, available for just $99. Users are able to adjust the timing and temperature through an iOS or Android app!
To sum up, allow us to say that all these examples given above are just a few examples of how this platform can be used. In a few years, having connected devices and appliances all over the house won’t be something that special. We will simply go in front of the fridge and, using a touchscreen, check out what groceries we need. Then, after pushing a few buttons, they will already be ordered. Isn’t technology wonderful?
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.
From now Amazon’s Dash Replenishment service promises to work straight with connected household devices. The technology allows reordering of products with no human presence required.
Smart household appliances from General Electric and Brother International can run Amazon's Dash Replenishment Service, making it possible for printers to reorder ink and toner while washing machines can do the same with its laundry detergents.