Google (GOOGL) will keep its Glass wearable computer effort — now called Project Aura — within its Google core and is hiring engineers from Amazon.com ‘s (AMZN) hush-hush Lab126 hardware R&D center for the project, according to a Business Insider report on Thursday. Lab126 makes consumer devices, including Amazon’s Kindle e-readers and TV streaming products. The lab had produced Amazon.com’s Fire smartphone, which never gained traction with
Shopify (SHOP) stock surged Thursday after Amazon.com (AMZN) selected the company to be its preferred platform for helping small and midsize retailers build and manage online stores. The move is part of a plan that Amazon announced in March to ultimately shut down its Amazon Webstore business, which provides a similar service. Shopify stock was up 21%, near 35, in midday trading on the stock market today. Based in Ottawa, Canada, Shopify raised
August was a slow month for Web traffic, but some retailers bucked the trend with robust growth, including Amazon (AMZN) and Restoration Hardware (RH). With Labor Day falling later this year, Americans had longer to loll away summer and vacation days in August, which may explain why e-commerce traffic weakened. Web traffic growth in August vs. a year ago decelerated for the majority of e-commerce, broadline (i.e., department stores) and hardline