Friday, June 7, 2019

Is Amazon Looking to Get Back Into the Mobile Phone Business?

If Amazon pursues an acquisition of Boost, it would likely price its phone plans disruptively low and bundle them in some way to drive more Prime memberships, a person familiar with Amazon's thinking... http://bit.ly/2K71DLF
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Alibaba reports Q4 revenue up 3% YoY to ~$35.8B, below ~$36.3B est., and net income up ~100% to ~$3.7B, in part due to investments, as it seeks to monetize AI (Luz Ding/Bloomberg)

Luz Ding / Bloomberg : Alibaba reports Q4 revenue up 3% YoY to ~$35.8B, below ~$36.3B est., and net income up ~100% to ~$3.7B, in part du...