TV is quickly becoming king of the Internet, thanks in part to Apple (AAPL), Amazon.com (AMZN) and Google (GOOGL). By the end of the year, more than 113 million U.S. consumers, or 35% of the entire population and 45% of total U.S. Internet users, will access the Internet through a Web-enabled TV, says a report from market tracker eMarketer. And the numbers only escalate from there. In four years, more than 191 million consumers, or 71.4% of the
Amazon.com (AMZN) on Thursday announced a long-rumored streaming music service, but the news failed to rattle Pandora Media (P) investors. Pandora stock climbed nearly 1% in the stock market today, while Amazon stock fell 1.5%. Amazon’s new digital music service is bundled into Amazon Prime, the $99-a-year umbrella membership program for services including free two-day shipping and streaming movies and TV episodes. The music service features
Amazon.com reportedly plans to launch a marketplace for local service providers, ranging from babysitters to handymen, but online incumbents in the market largely shrugged off the news. Amazon (AMZN) plans to launch the local-services marketplace later this year, starting with a single market, Reuters reported Wednesday. Amazon looks to test demand and logistics before rolling out nationwide, the news service said. Current players in the local services market were unfazed by the news that the e-commerce giant plans to invade their territory.