Barnes & Noble sued Amazon on May 12, 1997, alleging that Amazon's claim to be "the world's largest bookstore" was false because it "...isn't a bookstore at all. It's a book broker." The suit was later settled out of court and Amazon continued to make the same claim. Walmart sued Amazon on October 16, 1998, alleging that Amazon had stolen Walmart's trade secrets by hiring former Walmart executives. Although this suit was also settled out of court, it caused Amazon to implement internal restrictions and the reassignment of the former Walmart executives.
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Amazon.com, Inc., doing business as Amazon (/ˈæməˌzɒn/), is an American electronic commerce and cloud computing company based in Seattle, Washington, that was founded by Jeff Bezos on July 5, 1994. The tech giant is the largest Internet retailer in the world as measured by revenue and market capitalization, and second largest after Alibaba Group in terms of total sales. The Amazon.com website started as an online bookstore and later diversified to sell video downloads/streaming, MP3 downloads/streaming, audiobook downloads/streaming, software, video games, electronics, apparel, furniture, food, toys, and jewelry. The company also owns a publishing arm, Amazon Publishing, a film and television studio, Amazon Studios, produces consumer electronics lines including Kindle e-readers, Fire tablets, Fire TV, and Echo devices, and is the world's largest provider of cloud infrastructure services (IaaS and PaaS) through its AWS subsidiary. Amazon also sells certain low-end products under its in-house brand AmazonBasics.
October is almost over but the killer daily deals are just beginning. Highlights from today’s roundup include the best-selling SanDisk microSD card on Amazon’s whole site with 128GB capacity for just $23, a $15 discount on the most popular Instant Pot on the planet, Amazon’s top-selling fast wireless charging pad for only $15, rare discounts on Blink indoor home security cameras and Blink XT weatherproof cameras (both with 2-year battery life!), $45 for a box that instantly turns any normal wall outlet into a gigabit Ethernet port, $38 for a home security camera with features you won’t find on a $199 Nest Cam, a $36 pad that wirelessly charges three devices at once, discounts on all of Amazon’s new Fire tablets, and so much more. See all of today’s top deals below.