Amazon buys Kiva Systems, a Massachusetts-based builder of room robots, for $775 million. The understanding allows Amazon to amp adult automation during a accomplishment centers, delivering products faster and with reduction need for tellurian staff. Amazon after consummated Kiva’s customer relations with retailers like Office Depot and a Gap in sequence to keep a record to itself.

Bezos says he will compensate $250 million of his possess income for a financially struggling Washington Post. His plan: To take it private and siphon money into new staff and improved online products. The journal now says it is profitable. But a partnership hasn’t been though headaches: President Donald Trump has claimed a pierce was an try by Bezos to buy change in Washington, D.C.

Amazon starts delivering packages by a US Postal Service 7 days a week in Los Angeles and New York. It will after hurl out a use nationwide. Although Amazon’s agreement with a mail conduit is confidential, a USPS says it creates a distinction on a deal.

Amazon enters a smartphone marketplace with a Fire phone, that integrated with Amazon’s star of media streaming options. But a phone flopped, forcing Amazon to take a $170 million writedown and stop prolongation a following year.

Amazon buys Twitch Interactive, a three-year-old video diversion streaming company, for $970 million. The understanding not usually complements a work being finished during Amazon’s possess diversion prolongation division, though it helps lift a tellurian gaming village towards a cloud platform, Amazon Web Services.

After being blamed for a decrease of eccentric bookstores opposite a country, Amazon opens a possess earthy sell plcae in Seattle. The store’s opening is meant to marketplace Amazon’s flourishing list of electronic inclination as most as it is to sell books. Amazon now has 15 bookstores in cities opposite a United States.

After phenomenon a initial intelligent orator in 2014 to name customers, Amazon puts a Echo in 3,000 stores national only in time for a holiday season. The Echo is a height for Alexa, Amazon’s practical personal assistant, and therefore a pivotal to a resources of consumer information and purchasing decisions.

After struggling for years in a greatly rival grocery smoothness business, Amazon ups a ante and purchases Whole Foods’ 471 stores for $13.7 billion. It has given started to confederate a dual companies’ placement networks and offer discounts to Prime members.

Pushing a bounds of a expansion in Seattle, Amazon sets off a competition between scores of cities opposite a United States and Canada to horde a second headquarters. Bids embody intemperate taxation incentives and genuine estate for a campus, among other goodies. A preference is approaching by a finish of 2018.

Fueled by financier unrestrained for rising profits, Amazon’s batch cost rises adequate to make a association fast value $1 trillion. It’s a second association to pass that threshold, after Apple reached it progressing in a year, and analysts fast started to envision $2 trillion won’t be too distant off in a future.

Under vigour from unions and progressives like Vermont Senator Bernie Sanders, Amazon announces it will lift a smallest salary to $15 an hour, effective Nov 1. The change is approaching to impact 250,000 of a company’s employees, and 100,000 anniversary workers.