Will Amazon fund an IoT network?
A potential partnership could help Amazon enter the wireless business — a move that could further streamline its digital services.
Amazon CEO Jeff Bezos and Charlie Ergen, CEO of Dish, reportedly may be considering partnering on a potential wireless project. With Amazon’s financial backing, sources said the team could create an Internet of Things (IoT) network, reported the Wall Street Journal.
This network could be a boon for Amazon on many levels. According to sources in the report, the network could become a way to offer Prime members wireless connectivity or phone plans. It could also support a one-way broadcast signal for its Prime video on Dish's airwaves.
The potential network could also benefit Amazon from an internal perspective. For example, the web-based IoT network could potentially power things like Amazon delivery drones, according to ReCode.
This is not Amazon’s first collaboration with Dish. In May, the two companies struck deals allowing some Dish customers to control their set-top boxes through artificial intelligence assistant Alexa on Amazon's Echo speakers. The service makes Dish streaming-TV apps available on Amazon Fire devices.
Despite the previous collaboration, currently there is no deal pending on the IoT concept, and it’s also unclear if the companies will move forward with the initiative, according to the Journal.
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Electronics e-retailer looks to steal some thunder from Amazon
Hoping to woo electronics shoppers away from Amazon’s Prime Day, Newegg is planning its own shopping extravaganza.
For the third year, the electronics e-retailer will hold its annual "FantasTech" sale. The three-day event, which kicks off on July 11, will feature will offer “deep discounts” on hundreds of products across all tech product categories.
Merchandise ranges from external hard drives and computer components to gaming laptops and 4K Ultra HD Smart LED televisions. Hundreds of fresh deals will be unlocked on July 12, and again on July 13 — a factor that makes this year’s FantasTech sale its biggest to date, according to Newegg.
“The summer months are when people shop for themselves, and we aim to be the best place to get tech,” said Merle McIntosh, senior VP sales and marketing at Newegg.
The event aims takes a hit against Amazon, which is hosting its third annual Prime Day sale. The upcoming global shopping event, which begins on July 10 at 6 p.m. PST, runs through the wee early hours of July 12.
Overall, the online giant is preparing to have “hundreds of thousands” of deals on merchandise, including a "variety" of television brands. Amazon also plans to have “millions of items” available in stock for a record number of shoppers, according to the company.
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