Amazon founder Jeff Bezos. The e-commerce giant denied it was poised to accept bitcoin and other cryptocurencies. Photo: AP Photo/John Locher, File Bitcoin (BTC-USD) has fallen away from recent highs after Amazon (AMZN) denied a report that it was considering accepting cryptocurrencies as payment. Bitcoin and other cryptos rallied on Monday amid speculation that the e-commerce giant was poised to accept digital money. Amazon recently posted a job listing for a “Digital Currency and Blockchain… Source link
Read More »Amazon denies report of accepting bitcoin as payment
(Reuters) – Amazon.com Inc on Monday denied a media report saying the e-commerce giant was looking to accept bitcoin payments by the end of the year. The report https://bit.ly/3xb6orM from London’s City A.M. newspaper, citing an unnamed “insider”, sent the world’s biggest cryptocurrency up as much as 14.5% before it trimmed gains to last trade 6% higher at $37,684.04. “Notwithstanding our interest in the space, the speculation that has ensued around our specific plans for cryptocurrencies is… Source link
Read More »Amazon And Google Are Finally Tackling One Of Healthcare’s Biggest Problems: Unstructured Health Data
Healthcare is a broad concept: clinical encounters with patients, population health data and trends, community health outcomes, pharmaceutical trials, etc., are just a few of the different siloes that entail the concept of “healthcare” as a whole. Even if just looking at an individual level— medical records, history of medications, previous lab testing and results, prior procedures—there are so many different siloes that entail an individual’s healthcare profile. Given the… Source link
Read More »Bitcoin Nears $40,000 as Shorts Fuel Rally on Amazon Speculation
(Bloomberg) — Bitcoin surged close to $40,000 as a flurry of short-covering intensified a rally apparently sparked by speculation over Amazon.com Inc.’s involvement in the crypto industry. A job posting from the retail giant seeking an executive to develop the company’s “digital currency and blockchain strategy” stirred questions among analysts over whether the move could eventually lead to Amazon accepting Bitcoin as a method of payment. As the largest digital token gained on the… Source link
Read More »Bitcoin and other cryptocurrencies surge on Amazon payments rumours
A recruitment ad by Amazon has stoked speculation the company may have a favourable view of cryptocurrencies. Photo: Artur Widak/NurPhoto via Getty Images Bitcoin (BTC-USD) and other cryptocurrencies surged higher on Monday morning, amid speculation that e-commerce giant Amazon (AMZN) could soon accept tokens as payment. Bitcoin was up 12% to $38,723 (£28,169) at just after 8am on Monday morning in London. It marked the cryptocurrency’s highest price in over a month. The rally was linked to… Source link
Read More »Bitcoin Surges Amid Short Covering, Speculation Over Amazon Plan
(Bloomberg) — Bitcoin soared on Monday to approach $40,000, a rally some attributed to traders exiting bets on declines as well as ongoing speculation over Amazon.com Inc.’s potential involvement in the cryptocurrency sector. The largest crypto rose as much as 15% to $39,681 before paring some of the climb to trade at about $38,600 as of 7 a.m. in London. Other virtual coins also rallied, including second-ranked Ether. “The extent of the jump was probably driven by over-leveraged… Source link
Read More »The main attractions arrive: Apple, Microsoft, Google, Facebook, Amazon and Tesla headline the biggest week of earnings
The coming week will be the most important of this quarter’s earnings season — even if later weeks beat it on quantity, it will be nearly impossible to top this slate in terms of dollars and attention. That is because all of Big Tech will report, and those five companies — Google parent Alphabet Inc. GOOGL GOOG, e-commerce and cloud-computing powerhouse Amazon.com Inc. AMZN, iPhone maker Apple Inc. AAPL, … Source link
Read More »EV startup Rivian announces $2.5 billion funding round led by Amazon, Ford
By Ben Klayman DETROIT (Reuters) -Electric car startup Rivian said on Friday it has closed a $2.5 billion fundraising round led by investors Amazon.com Inc , Ford Motor Co and T. Rowe Price. The announcement came the day after the California-based company said it was exploring building a second U.S. assembly plant. Reuters, citing unnamed sources, reported on Thursday that Rivian’s planned plant, dubbed “Project Tera,” will include battery cell production. “As we near the start of vehicle… Source link
Read More »Bezos thanks Amazon customers who ‘paid’ for space flight, sparking criticism from Sen. Warren
Soon after Amazon (AMZN) chairman and founder Jeff Bezos returned to Earth from space on Tuesday, the billionaire received sharp criticism from progressive Senator Elizabeth Warren (D-MA) contrasting the low tax bills paid by him and Amazon with those borne by everyday Americans who “keep this country running.” The criticism came in response to remarks made by Bezos thanking Amazon customers and employees whose purchases and work “paid for” the space expedition, which was carried out by… Source link
Read More »Robotaxis: have Google and Amazon backed the wrong technology?
Since Google launched its self-driving car project in 2009, the biggest challenge has been one of technology: can it be safe enough to deploy at scale? That dispute is over. Google’s project, now branded Waymo, has experienced only minor incidents — about once every 210,000 miles — since 2019 when it began operating a driverless service in Phoenix, Arizona. Cruise, its GM-backed rival, received a permit last month to begin commercial operations in its home city, San Francisco. Both… Source link
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