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D1 Capital Partners making big bets on FAANG Stocks

Dan Sundheim's D1 Capital Partners strengthened its position in Amazon by injecting $588 million during the third quarter, according to regulatory filings released Thursday. The hedge fund, which is investing heavily in FAANG (Facebook, Amazon, Apple, Netflix, and Google), also increased its stake in...

Hackers won $60,000 in Zero-Day Initiative; targeting Amazon Echo

In a hacking contest Pwn2Own, the team of two whitehat hackers, has named the title in reward to hack Amazon Echo. Team Fluoroacetate, consisting of Amat Cama and Richard Zhu, has bagged $60,000 after hacking an Alexa-powered smart display, Amazon Echo Show 5. The bug in...

Disney and Amazon have a deal now to make Disney+ available on Fire TV devices

Amazon Inc has reached a deal with Walt Disney Co. to stream Disney+ streaming-video service on Fire TV devices in a bid to boost revenues and tighten their grip on the video streaming market. The two companies were at odds with each other in...

Amazon’s Ring doorbell allows hackers to access WiFi

Researchers have identified a vulnerability in Ring doorbells that revealed the passwords for the WiFi networks to which they were connected. Ring, which was acquired by Amazon after paying $1 billion in February 2018, is an outdoor home security company that provides homeowners a...

AmazonFresh is Free for Amazon Prime Members now

Amazon has a piece of great news for its Prime Members, that it will no longer charge a fee of $14.99 monthly for using Amazon Fresh delivery services. In a press release, today Amazon announced that if you pay $12.99 a month (or...

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Microsoft claims that the suspected Russian hackers might have accessed the Microsoft source code as well. This was done as part of the same act, which has diagnosed several renowned US...