E-commerce king Amazon.com (AMZN) has become the latest tech company to test a radical plan to enlist ordinary people, rather than professional carriers such as United Parcel Service (UPS), to deliver packages, according to a Wall Street Journal report Tuesday. Amazon.com is developing a mobile application that would pay people to drop off packages as they’re on their way to other destinations, according to the newspaper. Amazon.com ships an
LOS ANGELES — Nintendo’s (NTDOY) game lineup at E3 exposes a light release slate of new titles this holiday season for the family-friendly video game maker. Nintendo skipped the traditional live media event at the Electronic Entertainment Expo on Tuesday in favor of a pre-recorded digital event streamed on Amazon.com (AMZN)-owned Twitch. The event yielded no surprise game announcements. Nintendo focused attention on “Star Fox Zero,” a space adventure game for its Wii U console featuring anthropomorphic animals as heroes. “Star Fox Zero” is due out this holiday season. Other upcoming first-party Wii U releases include game creation software “Super Mario Maker,” set for release Sept. 11, and “Yoshi’s Woolly World,” due out Oct. 16. It also scheduled science-fiction action game “Xenoblade Chronicles X” for a Dec. 4 release. The Wii U doesn’t have much third-party publisher support, so Nintendo must rely on its own games to drive console sales…
Amazon (AMZN) got a price target increase Monday, and an analyst expects the Amazon Web Services cloud computing business to continue to grow and improve its profit margins. “We estimate Amazon Web Services can generate over $15 billion in revenue by 2018 and expand operating margin to around 22% by then,” Canaccord Genuity analyst Michael Graham said Monday in a research report. “Further, we estimate that if Amazon Web Services traded at a