Amazon offers 27 percent premium for Whole Foods Market

Online retailer Amazon has offered $42 per share for Whole Foods Market.

Jeff Bezos becomes World’s Second Richest Person

Amazon founder Jeff Bezos has become the world’s second richest person as his online retailing venture has gained tremendously in stock market valuation in the recent months.

Amazon announces future plans for loss making Quidsi unit

Online retailer Amazon has announced massive layoffs and other spending cuts at Quidsi, the parent company of and other online ventures.

Amazon unveils new AWS Glue service to remove drudge work from data analysis

At its AWS re:Invent cloud conference in Las Vegas, Amazon unveiled a new service called 'AWS Glue' to help AWS (Amazon Web Services) customers with their data analysis workload.