AMAZON does it again: Amazon to acquire Ring for a billion

[At30wecashout]

Negative thoughts on AMZN earns a negggg

You don' fukked up. Based Bezos is my figga on the trigga, but I know a disruptive force when I see one. If Amazon was a magic card, it would be Raigeki.

 

[kenreid0726eabos]

Amazon has reached an agreement to acquire Ring, the Santa Monica, Calif.-based maker of video cameras, doorbells and other smart home technologies, GeekWire has learned. The companies are expected to announce the acquisition this afternoon.

RELATED: Amazon to acquire Ring video doorbell maker, cracking open the door in home security market
The surprise acquisition marks the latest move by the Seattle-based tech giant into the smart home technology market. Financial terms were not disclosed, but Reuters puts the deal at more than $1 billion. Amazon is expected to treat the Ring deal similar to past acquisitions such as Zappos, Twitch and Audible, pursuing product and feature integrations where appropriate but maintaining the Ring brand and largely allowing the company to continue operating as it has in the past.

Ring is committed to our mission to reduce crime in neighborhoods by providing effective yet affordable home security tools to our neighbors that make a positive impact on our homes, our communities, and the world,” a Ring spokesperson said in a statement. “We’ll be able to achieve even more by partnering with an inventive, customer-centric company like Amazon. We look forward to being a part of the Amazon team as we work toward our vision for safer neighborhoods.”

Amazon is positioning its Echo smart speaker, with the embedded Alexa voice assistant as a home technology hub.

“Ring’s home security products and services have delighted customers since day one,” an Amazon spokesperson said in a statement. “We’re excited to work with this talented team and help them in their mission to keep homes safe and secure.”

Ring makes WiFi enabled doorbells equipped with cameras that detect when someone is at the door. The smart doorbell rings users’ tablets or smartphones through an app that lets them see audio and video and talk to the person at the door, wherever they are.

The Tech Life 21st century

 

[Easy-E]

They made 5.6 last year and paid zero taxes cause they're headquarters in Cracker-line overseas somewhere

 

[Kiyoshi-Dono]

 

[TRFG]

They made 5.6 last year and paid zero taxes cause they're headquarters in Cracker-line overseas somewhere

They have to pay taxes on their USA operations, you're misinformed

 

[mson]

 

[Easy-E]

They have to pay taxes on their USA operations, you're misinformed

Nah, dun... I did my homework

Amazon Inc. Paid Zero in Federal Taxes in 2017, Gets $789 Million Windfall from New Tax Law

Amazon Inc. Paid Zero in Federal Taxes in 2017, Gets $789 Million Windfall from New Tax Law

The online retail giant has built its business model on tax avoidance, and its latest financial filing makes it clear that Amazon continues to be insulated from the nation’s tax system. In 2017, Amazon reported $5.6 billion of U.S. profits and didn’t pay a dime of federal income taxes on it. The company’s financial statement suggests that various tax credits and tax breaks for executive stock options are responsible for zeroing out the company’s tax this year.

 

[TRFG]

Nah, dun... I did my homework

Amazon Inc. Paid Zero in Federal Taxes in 2017, Gets $789 Million Windfall from New Tax Law

Amazon Inc. Paid Zero in Federal Taxes in 2017, Gets $789 Million Windfall from New Tax Law

The online retail giant has built its business model on tax avoidance, and its latest financial filing makes it clear that Amazon continues to be insulated from the nation’s tax system. In 2017, Amazon reported $5.6 billion of U.S. profits and didn’t pay a dime of federal income taxes on it. The company’s financial statement suggests that various tax credits and tax breaks for executive stock options are responsible for zeroing out the company’s tax this year.

they paid state tax, isn't that a form of taxation, friend?

 

[No..Money..Mo..Problems]

Just like they were supposed to break up, Google, Microsoft, AT&T, Disney, Comast right? Yet nothing happened

These gigantic companies get so big because the government allows them to.

Naw Amazon is following the definition of what a monopoly is. Extremely low profit margin business that's tryna acquire everything. They made less than a billion dollars last year on 100+ bill revenue. They tryna acquire everything drop prices to the floor and than get there money back after everyone else goes out of business and there the only supplier.

 

[NSSVO]

Amazon going to own metal by 2020

 

[Zero]

Holla at me when they aquire or make something better than the Kindle

 

[Strapped]

Naw Amazon is following the definition of what a monopoly is. Extremely low profit margin business that's tryna acquire everything. They made less than a billion dollars last year on 100+ bill revenue. They tryna acquire everything drop prices to the floor and than get there money back after everyone else goes out of business and there the only supplier.

Wages