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Jeff Bezos Steps Down at Amazon

Jeff Bezos

When Jeff Bezos founded Amazon in his garage in 1994, thanks in large part to a quarter of a million dollars from his parents, he had no idea how huge it would get. In the decades to come, Amazon single-handedly changed the way people shop. It expanded from being just a bookseller to moving all manner of products. Most recently, it has even shifted into digital products, publishing companies, television and movie studios, and much more. Amazon is one of the most highly-trafficked websites in the world and Bezos has become one of the richest men on the planet as a result.

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Online Shopping Starts Setting Records

online shopping

The amount of time people have spent online in the past few weeks has likely never been higher. It's one of the natural reactions to the COVID-19 pandemic. People are working from home and doing their entire jobs online. Others are communicating with loved ones through video calls. Still others are buying almost everything they want and need on the internet to avoid going to stores or even going outside. As more and more states lock down and people stay home, internet use has exploded. This is perhaps the premier time for web traffic and online advertising, as the amount of potential buyers -- and just the sheer amount of eyes on each search or each site -- is unprecedented.

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Google Launches Shopping Page to Combat Amazon

Google shopping page

Google and Amazon continue to fight for prime position on the net, trying to draw as many advertising dollars as they can. In recent reports, many companies have started spending less on Google ads and more on Amazon ads, finding that consumers often go straight to the source. Rather than searching for a product on Google, they know they want to buy it online and just go straight to Amazon, the sales giant where they are most likely to make that purchase anyway. While Google may provide them with a wider range of options and results, shoppers understand that they're not even going to bargain shop. They're just going to make their purchase quickly on Amazon.

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Google and Amazon End Epic Dispute

Google Amazon dispute

Google and Amazon are two of the biggest tech companies, always striving to make that next innovation and corner the market. While they do compete regularly, it's a bit of a complex relationship since the two have opportunities to overlap. Google can help to run ads for Amazon products and direct traffic, for instance, while Amazon can sell Google-branded products and create sales. It stands to reason that the two have a lot to gain by working together. That's why it was such big news in 2017 when they apparently reached an impasse and decided to go their separate ways.

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Introducing Fire Phone, the New Amazon Smartphone

fire phone

In a move that has been rumored about for some time, Amazon has finally thrown its hat into the smartphone ring. Amazon CEO Jeff Bezos unveiled the new device today at a Seattle press conference, and the new phone promises some very innovative features.

As far as basic specs go, the Fire Phone is Android-based with a 4.7-inch high-definition display. It boasts a 13-megapixel camera and a quad-core 2.2 GHz processor. Purchasing the phone will also get you one free year of Amazon's premier membership program, Amazon Prime. People who already have Prime can get their next year free.

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