Amazon.com 10 unkown facts from its early days to present day.

 AMAZON.COM

From a early thought to market leader

Amazon.com was conceptualized by Jeff Bezos and was started in a garage Seattle,Washington.He was still working at Wall street firm DE Shaw Co. as Vice president.The idea actually came to firm David Shaw who used internet during his days as professor in early 1990s.He saw the potential internet having any information as you like and what you want at your fingertips in home.Here Jeff Bezos was the potential of internet and its rapid increasing uses and users thus during discussions between both of them the concept of online store with unlimited products came up and building blocks for Amazon.com was born.However at Jeff thought that online store with unlimited products was be not possible so the list was narrowed down by possible products including computer software,office stationary,apparels and music but first product to be chosen was books offered in wide range and variety.Bezos couple together started and registered their company as "Cadabra Inc." in 1994 November 1.It was often misheard as cadaver meaning dead body and so new name was picked as "Amazon" because it is the largest river and Jeff wanted his company to became largest company globally.He wanted his company to come up first in search engine which arranged searched objects in alphabetical order. He left highly paid job at wall street and started internet company.In beginning he wanted to build better products than existing offered online at that time.

After first sale on 1995 April 3,the website came into public notice which had its own searchable database for 1 million titles even though physically they had only 2000 in their warehouse rest will be sent to customers as and when required by customers directly from publishers and sellers. At that time no one was assigned to pack and deliver the books ordered so Amazon.com took orders during day and pack books during night.The books were then driven to nearest post office next morning.

After being highlighted on new listed site "Yahoo",Amazon.com was overwhelmed with orders and within a month they sold books in 45 countries.In late 1995  Amazon.com was granted 1million investment to expand their business and keep up with rising demands,upgrade of inventory and hiring of new employees.In 2000s Jeff predicted 74 million  sales if things went moderately and 144 millions if things went extremely well.However their sales accounted to 1.6 billion.And their moral back then was "Get Big Fast".

On 1997 May 15 had its IPO raising about 54 million.In order grow further new products like DVD and music were chosen.Amazon.com acquisitions are as follows- 

	Nov 23, 2016 Biba
	Sep 20, 2016 Angel.ai Jul 14, 2016 Cloud9 IDE Feb 16, 2016 EMVANTAGE Payments Dec 1, 2015 Orbeus Sep 25, 2015 Safaba Translation Solutions Sep 3, 2015 Elemental Technologies Apr 30, 2015 Clusterk Apr 10, 2015 Amiato Apr 10, 2015 Shoefitr Mar 12, 2015 2lemetry Jan 22, 2015 Annapurna Labs Oct 27, 2014 Rooftop Media Aug 25, 2014 Twitch Apr 10, 2014 Comixology Feb 6, 2014 Double Helix Games Oct 1, 2013 TenMarks Education May 13, 2013 Screentech May 13, 2013 Liquavista Apr 17, 2013 Evi Mar 29, 2013 Goodreads Jan 24, 2013 IVONA Text-To-Speech Jul 2, 2012 UpNext Jun 15, 2012 LOVEFiLM Jun 4, 2012 Avalon Books Mar 19, 2012 Kiva Systems Jan 31, 2012 TeachStreet Dec 28, 2011 Quorus Sep 8, 2011 Yap Jul 28, 2011 Pushbutton Jul 4, 2011 The Book Depository Nov 8, 2010 Quidsi Oct 7, 2010 BuyVIP Sep 22, 2010 Amie Street Jun 30, 2010 Woot Feb 3, 2010 Touchco Jul 22, 2009 Zappos Jun 16, 2009 SnapTell Apr, 2009 Lexcycle
	Oct 22, 2008 Reflexive Entertainment Aug 25, 2008 Shelfari Aug 1, 2008 AbeBooks
	Jun 25, 2008 Fabric.com Jan 31, 2008 Audible Jan 18, 2008 Without A Box May 23, 2007 Brilliance Audio May 1, 2007 dpreview Oct 1, 2006 TextPayMe Feb 27, 2006 Shopbop Jul 8, 2005 CustomFlix Apr 21, 2005 Mobipocket.com Apr 4, 2005 BookSurge Aug 19, 2004 Joyo.com Dec 4, 2002 CDNOW Dec 1, 2001 OurHouse Nov 30, 1999 Back To Basics Toys Nov 30, 1999 Back to Basics Oct 4, 1999 Convergence Corporation Jun 11, 1999 Accept.Com May 23, 1999 Alexa Apr 26, 1999 Exchange.Com Apr 12, 1999 LiveBid Oct 15, 1998 Bookpages Aug 4, 1998 Junglee Aug 4, 1998 PlanetAll.com Apr 27, 1998 Telebook Apr 27, 1998 IMDB In 1999 Jeff was awarded as Time person of the year.In 2001 Q4 they posted their profit for first time as 5 million dollars and this was acclaimed to better customer service.In 2001 Amazon was stuck by financial problems and its share price fall from $107 to $7 and so in order cost cutting mode it layed off  its 1300 employees and warehouses were closed down.Finally they regained money and added software development in their product line up as "Amazon Web Services".           To present day it employs about 140 thousand employees which is 4x Google.And 80000 addition workers are hired during season peak influx.They have fulfillment centers large enough to hold 10 Olympic pools equivalent water.In 2015 Amazon took 600 Million income in comparison to Apple $53.39 billion and Google $16.34 billion.Finally Amazon started using drone delivery system in USA and plans to use Boeing 767 air plane (Amazon One) for delivery termed as Amazon "Prime Air" operated by Atlas Air Inc.Prime Air is a service offering to deliver customers their orders in 30  minutes or less using drones using obstacle avoidance technologies in 10 miles or more.Amazon remains in operation due Amazon web services offered to small start up and high powered users.Its customer database for Amazon web services include CIA,Adobe,Pin interest,GE,Tinder,Reddit,Netflix,Instagram and some major banks.Future plans of Amazon are to open an open brick store.Jeff is 5 richest man and bought himself  "The Washington Post". Amazon.com is well-known for its Kindle, lightning fast shipping, and selling virtually anything online. Note:-Jeff Bezos is an investor in Business Insider through his personal investment company Bezos Expeditions.  Take a look at some other mind-blowing facts we found 1-Amazon.com was almost called "Cadabra" as in "Abracadabra". That idea was struck down because CEO Jeff Bezos' lawyer misheard the word as "cadaver". 2-Bezos chose Amazon.com for two reasons: one, to suggest scale (Amazon.com launched with the tagline "Earth's biggest book store") and two, back then website listings were often alphabetical. 3-Amazon's warehouses have more square footage than 700 Madison Square Gardens and could hold more water than 10,000 Olympic Pools. 4-The first book Amazon.com ever sold was from Bezos' garage in 3 April 1995. The book was Fluid Concepts & Creative Analogies: Computer Models of the Fundamental Mechanisms of Thought. 5-Amazon's current logo was designed to depict a smile that goes from A to Z. "This signifies that the company is willing to deliver everything to everyone, anywhere in the world." 6-Amazon.com employees spend two days every two years working at the customer service desk, even the CEO. This practice is to help all workers understand the customer service process. 7-Amazon owns 10 percent of North American E-Commerce. Office Depot, Stapes, Apple, Dell, WalMart, Sears, and Liberty all own another 10 percent of the market, the same size as Amazon. That leaves 1,000+ retailers to all fight for the remaining 80 percent. 8-Last year, when Amazon's site went down for 49 minutes the company missed sales of nearly $5.7 million. 9-Greg Linden a former Amazon employee who invented the recommendation engine described Amazon's initial frugality. Linden writes, "the quintessential example of Amazon's frugality was the door desk. Leave it to Jeff Bezos. Buy a wooden door, preferably a hollow core wooden door with no holes pre-drilled. Saw a couple 4" x 4" x 6' pillars in half. Bolt them to the door with a couple of scary looking angle brackets. Put it in front of a programmer. Door desk." 10-Amazon's unique users are 5x more valuable than eBay's. Amazon's average unique user brings in about $189 while eBay's brings in just $39 Finally I think we Indians can also achieve the same if we take some calculated risks and efficient thinking.So here I "Sign Off" with a promise to bring more information related news.

Nokia Welcomes You Back:Five Phones to be Unveiled

Nokia E1 TA-1000 passes 3C certification, coming soon

Nokia under HMD Global is set to announce Android based smartphones in 2017. Some of the these devices are rumored to be announced in first quarter of 2017 in MWC(Mobile World Congress 2017) itself with a focus on Budget or Mid range devices, yet rumors of a flagship Nokia device are still floating around. We have already seen leaks around Nokia D1C,Nokia P1& Nokia Z2 smartphone which gave us a sneak peek on what we can expect.

Adding credibility to these rumors, a new Nokia LTE smartphone has just popped up on Chinese certification agency (Tenna) 3C indicating the public launch of the device may happen soon. The 3C listing doesn’t reveal much except the model number of the device as TA-1000 and the fact that it comes with standard 5V / 2A charging support which indicates no support for fast charging. Absence of fast charging clearly indicates that it is not a flagship device but only an entry-level smartphone. The listed device appears to be Nokia E1.

Rumors indicate that Nokia E1 sports a 5.5-inch display, powered by one of Qualcomm’s entry-level SOC chips of Snapdragon 200 series, and comes with just 1GB of RAM. It is rumored to run on Android 7.0 Nougat based operating system out of the box.