‘Don’t buy car, refrigerator’ this holiday season: Jeff Bezos advises people

‘Don’t buy car, refrigerator’ this holiday season: Jeff Bezos advises people

Amazon founder Jeff Bezos has given some “spending” tips to consumers as he warns that recession is looming. The billionaire has advised consumers to keep their cash safe and avoid unnecessary spending during the holiday season. In an interview with CNN, Bezos recommended that American households avoid the purchase of big-ticket items such as refrigerators, … Read more

Amazon is planning to lay off around 10K employees starting this week: source – National

Amazon is planning to lay off around 10K employees starting this week: source – National

Amazon.com Inc is planning to lay off around 10,000 employees in corporate and technology roles beginning this week, a person familiar with the matter said on Monday, in what would amount to its biggest such reduction to date. The cuts, earlier reported by the New York Times, would represent about three per cent of Amazon’s … Read more

Amazon Lost $1 Trillion In Market Cap This Year

Amazon Lost  Trillion In Market Cap This Year

Photo: Drew Angerer (Getty Images) Amazon, one of the first companies to join the prestigious $1 trillion dollar valuation club, just passed another, admittedly less desirable milestone. This week, Jeff Bezos’ Everything Store became the first publicly traded company to lose $1 million in market valuation. Star Wars: Shatterpoint Announcement Trailer 02:27 The First Things … Read more

Researchers Devise Wi-Peep Drone That Can ‘See Through Walls’

Researchers Devise Wi-Peep Drone That Can ‘See Through Walls’

screenshot: Lucas Ropek/Ali Abedi and Deepak Vasisht Using a $20 off-the-shelf drone, researchers at the University of Waterloo in Ontario have created what is effectively an airborne scanning device that can triangulate the location of every WiFi-connected device in your house. Yikes. Researchers Ali Abedi and Deepak Vasisht, who recently presented their findings at the … Read more

Twitch And Xbox Are Giving Away Trial Subs To PC Game Pass

Twitch And Xbox Are Giving Away Trial Subs To PC Game Pass

Image: Microsoft/Twitch/Kotaku/NurPhoto (Getty Images) Here’s something you might want to know: For the next week, Twitch is partnering up with Microsoft and offering three-month PC Game Pass trials to Twitch users who purchase two subscriptions. From November 3 until November 11, Twitch viewers who purchase two subscriptions or gift subs from their preferred streamers (usually … Read more

Billionaire Jeff Bezos Is in Trouble

Billionaire Jeff Bezos Is in Trouble

Billionaire Jeff Bezos has been keeping a low profile in recent months. He briefly broke his silence last month to issue a dire warning about the economy at a time when economic concerns are running high. “Yep, the probabilities in this economy tell you to batten down the hatches,” Bezos posted on Twitter on Oct. … Read more

A Beginner’s Guide to Buying Your First Gaming PC

A Beginner’s Guide to Buying Your First Gaming PC

Photo: Gorodenkoff (Shutterstock) PC gaming has a reputation for being expensive and complicated. And sure, playing games on PC is arguably the “deep end” of the video game hobby compared to playing on consoles, but it’s much easier to wade into those waters than you might think. If you’re interested in PC gaming but aren’t … Read more

Google Launches New Beta to Play Android Games on PC

Google Launches New Beta to Play Android Games on PC

Android released its Google Play Games launcher beta to western audiences Tuesday, claiming you can save your progress between multiple devices.gif: Google Are you growing tired of staring at your 5 by 2 inch screen to play Android mobile games? Well, on Tuesday, Google’s Android Developers blog announced that the company’s launching a new beta … Read more

Amazon may have to turn to SpaceX for help launching its Starlink rival service

Amazon may have to turn to SpaceX for help launching its Starlink rival service

Amazon signed that agreement, totaling 83 Kuiper launches, with United Launch Alliance (ULA), European firm Arianespace, and Jeff Bezos’ Blue Origin. There’s one important caveat, though. Those launches partially rely on rockets that have yet to reach orbit, including Blue Origin’s New Glenn and the Ariane 6. In a webcast with The Washington PostAmazon senior … Read more

The one award that sums up how to position portfolios for the next decade. Plus, why this week’s tech wreck is a bad omen for all investors

The one award that sums up how to position portfolios for the next decade.  Plus, why this week’s tech wreck is a bad omen for all investors

BofA Securities investment strategist Michael Hartnett attempted to provide all of the advice investors will need for the next decade in a single award in his weekly Flow Show report. To wit, “historic losses in government bonds reflect new secular reality but long-run returns from cash, commodities, small cap, value stocks only just beginning to … Read more