1,605.22 +2.15 (0.13%)
After hours: 6:43PM EDT
|Bid||1,605.25 x 800|
|Ask||1,606.40 x 800|
|Day's range||1,588.44 - 1,608.20|
|52-week range||927.00 - 1,638.10|
|PE ratio (TTM)||260.66|
|Earnings date||25 Jul 2018 - 30 Jul 2018|
|Forward dividend & yield||N/A (N/A)|
|1y target est||1,827.93|
A Portland family tells KIRO news that their Echo recorded and then sent a
Inc. said that one of its Echo home speakers mistakenly recorded a private conversation and sent it to a person in the owners’ contact list, an incident that raises questions about the security of such voice-operated devices. Confirming a report by a local television station in Seattle, Amazon on Thursday said that the Echo device misunderstood pieces of a conversation as commands, causing it to think it was being instructed to send the message.
An "unlikely" string of events prompted Amazon's Echo personal assistant device to record a Portland, Oregon, family's private conversation and then send the recording to an acquaintance in Seattle, the company said Thursday. In a statement Thursday, Amazon confirmed the woman's private conversation had been inadvertently recorded and sent. The company said the device interpreted a word in the background conversation as "Alexa" — a command that makes it wake up — and then it interpreted the conversation as a "send message" request.
Amazon says ‘unlikely’ string of events set off Echo mishapBloomberg NewsAmazon.com Inc. Echo devices have boomed in popularity. A couple in Portland, Ore., got an unnerving surprise when their Amazon Inc. voice-controlled smart speaker recorded their conversation and sent it to a random person in their contacts list. Seattle’s KIRO-7 reported that the couple received a phone call a couple of weeks ago from one of the husband’s employees in Seattle, telling him “unplug your Alexa devices right now.
U.S. banks, including the Fed, are keeping a watchful eye on Amazon and other tech giants that want to break into the world of finance https://bloom.bg/2GMG0u0 #tictocnews (Source: Bloomberg)
Jim Cramer addresses Netflix's stock passing Disney's in market cap and puts it in context with the current investing environment.
The sudden return of volatility to global stock markets has created buying opportunities in large-cap tech stocks as the sector's investors look to rebound from recent selloffs.
Baidu’s (BIDU) COO, Qi Lu, is leaving the company in July, according to a company statement. Baidu hired Lu from Microsoft (MSFT) in late 2016 and charged him primarily with the responsibility of overseeing its AI projects. Baidu is banking on AI to enable it to open up new revenue sources and diversify its revenue streams beyond advertising.
Splunk’s (SPLK) software business has maintained strong growth momentum, driven by demand for better data insights across the industry. Splunk, which is offering its software licenses in the cloud, has formed a strategic alliance with cloud leader Amazon Web Services (AMZN) to boost software sales. The company’s strong product portfolio targeting enterprises of all sizes is also contributing to its software business.
Shares of AbbVie dipped Thursday as an analyst compared it to Amazon, but removed it from her conviction list, noting the bar to execute is now higher for the biopharmaceutical giant.
American Century Ultra Fund (TWCUX) got it right with Wabtec — also known as Westinghouse Air Brake. The $11.4 billion portfolio is underweight in industrials, but its managers nonetheless made room for the locomotive equipment maker, starting in 2010. "Wabtec fits our quality, durable-growth philosophy based on the management team, their track record and a business with a strong operating margin averaging 17% over the last five years," client portfolio manager Kevin Lewis told IBD.
Twitter (TWTR) announced that it will be closing its TV apps on streaming devices Roku (ROKU), Xbox, and Android TV as of Thursday, May 24. The move comes as the social media company works to steer its users to its mobile app and website.
E-commerce giant Amazon.com is becoming a major player in the candy and snacks business, creating opportunities and challenges for food product manufacturers.
Is Alphabet’s (GOOGL) Google back to waging a price war on its cloud-computing rivals? Google recently revamped its consumer cloud storage plans, with changes including rebranding, lowering prices, and releasing brand new plans at competitive prices. The company renamed its paid consumer storage service Google One. Its free storage service will continue to be called Google Drive.
Splunk (SPLK) continues to gain from the rise of smartphones and Internet services, which has created a huge demand for data, particularly for machine learning in the healthcare, retail, telecom, and financial spaces. Splunk has teamed up with Amazon Web Services (AMZN) to deliver its software to clients. The company’s software platform delivers operational intelligence and real-time business insights from machine data.
Traditional pay-TV providers have probably been the most hated companies in the country with their exorbitant prices and poor service. The American Customer Satisfaction Index (or ACSI) offers a widely recognized benchmark for customer satisfaction in several industries. According to the latest report by ACSI, the average score of pay-TV providers fell 3% from last year to 62 out of 100, an 11-year low.
At this point, everyone knows that tech has torn through the retail sector like crowd of Black Friday shoppers. Coye Nokes, partner at consulting firm OC&C's consumer and retail practice, believes that there is room for other retailers to harness tech to attract customers. While Amazon and other digital native retailers have done this quite well, Nokes thinks that there are still interesting turnaround stories to be seen among traditional retailers.
A couple’s private conversation was mysteriously recorded by their Amazon Echo device and sent to one of their contacts, igniting privacy concerns about the voice-activated gadgets the online retailer wants to make as commonplace in homes as televisions. The Portland, Oregon, couple used Amazon’s voice-activated devices throughout their home to control heat, lights and the security system, according to the news report. Amazon in 2014 introduced the new line of devices, which can also stream music and order goods from Amazon via voice command.
Google’s Home smart speakers outsold Amazon’s Echos in the first quarter, according to new data. Alphabet-owned (GOOGL) Google shipped 3.2 million Home and Home Mini devices in Q1, according to Canalys, beating Amazon.com’s (AMZN) 2.5 million Echos. Amazon’s Alexa-equipped Echos substantially outsold not just Google’s, but everyone’s, last year, and this is the first time Google outperformed the retailer in the fast-growing segment, Canalys said.
Alphabet’s (GOOGL) Google is eating into Amazon’s (AMZN) share of the smart speaker market, according to a new report. Amazon made an early entrance into the smart speaker business, allowing it to capture the lion’s share of the global smart speaker market at a time when its competitors were still trying to figure out how to venture into the business of building speakers capable of taking and acting on voice instruction.
At this point, it may seem that there's no industry that Amazon.com (AMZN) can't touch, so it's not surprise that logistics are worried that the e-commerce giant could turn from friend to foe for delivery companies like United Parcel Service (UPS) and FedEx (FDX). Crowdsourcing "will remain a marginal source of capacity for the e-retail industry," as there's limited risk of "full-scare diversion" of shipping from traditional carriers to crowdsourced models, simply because of the constraints and high costs required to build efficient, flexible networks and the limitations of "right-timed" labor.