Good morning, Austin! We scanned the internet to bring you the latest in technology news. Here’s what’s happening:
Amazon is shutting down Quidsi, one of its biggest acquisitions
Amazon.com is shutting down Quidsi, one of its largest-ever acquisitions, which runs six shopping sites, including Diapers.com, Soap.com and Wag.com.
The closure, which Amazon blamed on profitability issues, will result in layoffs of 263 people. Amazon bought Quidsi almost six years ago to the day in a deal valued at around $545 million — the company’s fourth-largest purchase as of now.
Meanwhile, according to Bloomberg, Amazon has invited some of the world's biggest brands to its Seattle headquarters in an “audacious bid” to convince them to start shipping products directly to online shoppers and bypass chains like Wal-Mart, Target and Costco.
And one more Amazon tidbit: Jeff Bezos is now the second richest person on the planet.
Lyft is testing a shuttle service that looks like mass transit
Goodbye bus, hello Lyft? The ride-hailing company has started testing a shuttle service in San Francisco and Chicago.
Lyft Shuttle uses the fixed routes and flat fares of a city bus service. The new feature is an extension of the company’s carpool service, Lyft Line.
The service is only available during weekday commute hours, from 6:30 to 10 a.m. and 4 to 8 p.m. Lyft says fares are also fixed “at a low price point,” but the price is still determined by time and distance. Fares for Lyft Shuttle are not effected by surge pricing.
After Galaxy Note 7 calamity, Samsung unveils the Galaxy S8
Following a nightmare of combustible smartphones and recalls, Samsung is introducing its biggest hope, the Galaxy S8.
The South Korean company on Wednesday showed off the device, its first major smarthphone release since the scandal over its Galaxy Note 7 smartphones, which were discontinued last year after some spontaneously caught fire.
New features include taller, curved screens, encrypted facial recognition, deeper display colors, system-wide voice control and the ability to turn it into a desktop computer.
Arriving in stores next month, the Galaxy S8 will start at $750.
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