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Amazon MGM

Amazon set to acquire MGM for $8.45 billion

May 26th, 2021

Amazon’s string of high-profile acquisitions continues this week, as the company announced in a press release on Wednesday morning that it will purchase MGM for $8.45 billion. This will be the second-largest acquisition Amazon has made — the retailer paid $13.7 billion for Whole Foods — and gives the company control over some of the …

Amazon Prime Video

Everything new coming to Amazon Prime Video in June 2021

May 24th, 2021

Amazon Prime Video doesn’t quite have the volume of original series as Netflix, but like Netflix, the originals that it does have are getting increasingly international. In June, the service’s first scripted Brazilian series — Dom — makes its debut, while Flack and The Family Man return for second seasons. Plus, the seventh and final …

Amazon lawsuit

Amazon is suing to stop illegal text scams from using its name

May 12th, 2021

As indispensable as our phones have become, they are also a conduit for some of the most pervasive and persistent scams humanity has ever encountered. About 90% of the phone calls I receive on a weekly basis are spam, as are an increasing percentage of my texts. You’re probably in the same boat, and among …

Amazon Scam

Beware: One woman already lost $2,000 to this new Amazon scam

May 3rd, 2021

Amazon may have started as a humble online marketplace for books, but the company has since grown into an unrivaled economic and retail juggernaut. Amazon today is more popular than ever and recently reported that its revenue during the recent March quarter jumped to $108.52 billion, a 44% increase compared to the same quarter a …