So, does anyone remember last year when Amazon attempted to release a smartphone? No? … I didn't think so. Since the Fire Phone flopped last year, costing Amazon as much as £100 million, the company has decided that it would be a wise idea to scale back its hardware efforts …
Read More »Amazon invests $55 million in ‘secret’ R&D facility
Amazon plans to invest $55 million in its Lab 126 research and development facility in California and increase the headcount of R&D staff to over 3700 by 2019. The expansion of the “secretive” laboratory reaffirms Amazon’s plans to continue designing its own hardware, address new markets and become closer to …
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