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SWIFT To Implement New Security Program After Recent Hacking

May 25, 2016 by mphillips  
Filed under Uncategorized

The SWIFT secure messaging service that underpins international banking announced that it will launch a new security program as it fights to rebuild its reputation in the wake of the Bangladesh Bank heist.

The Society for Worldwide Interbank Financial Telecommunication (SWIFT)’s chief executive, Gottfried Leibbrandt, told a financial services conference in Brussels that SWIFT will launch a five-point plan later this week.

Banks send payment instructions to one another via SWIFT messages. In February, thieves hacked into the SWIFT system of the Bangladesh central bank, sending messages to the Federal Reserve Bank of New York allowing them to steal $81 million.

The attack follows a similar but little-noticed theft from Banco del Austro in Ecuador last year that netted thieves more than $12 million, and a previously undisclosed attack on Vietnam’s Tien Phong Bank that was not successful.

The crimes have dented the banking industry’s faith in SWIFT, a Belgium-based co-operative owned by its users.

The Bangladesh Bank hack was a “watershed event for the banking industry”, Leibbrandt said.

“There will be a before and an after Bangladesh. The Bangladesh fraud is not an isolated incident … this is a big deal. And it gets to the heart of banking.”

SWIFT wants banks to “drastically” improve information sharing, to toughen up security procedures around SWIFT and to increase their use of software that could spot fraudulent payments.

SWIFT will also provide tighter guidelines that auditors and regulators can use to assess whether banks’ SWIFT security procedures are good enough.

Leibbrandt again defended SWIFT’s role, saying the hacks happened primarily because of failures at users. “Many of the less protected banks are in countries were skills are really scarce,” he said, pointing the finger at providers of services to banks.

“We will have to create an ecosystem of providers and partners, for example by introducing certification requirements for third-party providers,” he said.

 

 

Chromebook Outpacing Mac Notebook In U.S. Sales

May 25, 2016 by mphillips  
Filed under Computing

More personal computers powered by Google’s Chrome OS shipped in the U.S. during the first quarter than those built on Apple’s OS X in the same period, IDC  has confirmed.

“Chrome PCs overall, including Chrome desktop units like the Chromebox, out-shipped all Apple personal computers, desktop plus notebook, in the U.S. for Q1,” said Jay Chou, one of several IDC analysts who track device shipments, in an email reply to questions.

Chromebooks, the inexpensive notebooks that run Chrome OS, also out-shipped Apple’s MacBook, MacBook Air and MacBook Pro notebooks in the U.S. The first-quarter battle wasn’t even close, according to the notebook-only shipment numbers Chou provided.

Apple shipped an estimated 1.17 million Mac notebooks in the U.S. during the first three months of 2016; IDC said 1.6 million Chrome OS notebooks shipped in the same span.

In other words, 37% more Chromebooks shipped than Mac notebooks.

Last week, Tom Warren of The Verge reported that Chrome OS hardware had out-shipped OS X-equipped Macs after speaking with one of Chou’s colleagues. Subsequently, numerous other outlets, including blogs and mainstream media websites, picked up Warren’s report.

IDC’s shipment data for Chrome OS and OS X systems were estimates generated using information from vendors and Asian component suppliers. Google, which developed Chrome OS, does not reveal shipment numbers: Most Chromebooks originate from third-party OEMs (original equipment manufacturers), including Acer, Asus, Dell, Hewlett-Packard and Lenovo. And although Apple disclosed global Mac sales in its April 26 earnings call with Wall Street, it did not break down that figure by geographic region.

That IDC’s numbers were estimates only was clear when comparing the research firm’s forecast to Apple’s stated sales for the first quarter. Prior to April 26 — when Apple said it had sold 4.03 million Macs worldwide – IDC had projected global Mac shipments at 4.47 million, or about 10% too high.

 

 

 

Are Transparent Displays On The Horizon?

May 25, 2016 by Michael  
Filed under Around The Net

Almost every sci-fi telivision program has tablets and monitors which are transparent and it seems that Samsung has finally build them. The only problem is that they are not that great to use.

Samsung unveiled the first commercial installation of its cutting-edge mirror display at an upscale hair salon in Seoul, South Korea. The 55-inch display units act as a mirror while playing media over the mirrored image.

The display represents a (90%) transparent layer over an underlying mirror, and is a genuinely transparent display. The Planar LookThru OLED Series offered something similar but cost too much for the great unwashed to use.

Using Intel 3-D camera technology, Samsung’s displays can also show customers in different hair styles, colors and trends, allowing the hairdressers at the Leekaja Hairbis’ Jamsil salon to provide customized, interactive consultations with their clients. Samsung expects mirror displays to be used in retail, interior design, furniture and fashion markets in the future. Similar 55-inch Samsung mirror displays will be available for purchase worldwide in fall 2016.

The Samsung mirror display ML55E provides 90 per cent  transparency and 55 per cent reflectivity, designed to minimize visual distraction and provide clarity, both in the reflective mirror surface and in the media content overlays.   It has been suggested that the technology could be a money spinner –  one study shows the market for plastic and flexible OLED displays is expected to rise to $16 billion by 2020, with TV and industrial/professional use to make up half of the market share.

But the tech is still pretty expensive. One unbranded transparent OLED screen will set you back $1190.00. But there is another problem. Transparent OLED displays might work in sci-fi movie directors, but that is because they allow the camera to interact better with actors in a hard to film situation. Practically though see-through displays which have no touch capability are all really only useful in the exhibition sector.

Courtesy-Fud

 

Microsoft To Make Switching Between IE11 And Edge Browsers Easier

May 24, 2016 by mphillips  
Filed under Around The Net

Microsoft announced that it will introduce changes in this summer’s Windows 10 Anniversary Update to simplify switching from Internet Explorer 11 (IE11) to Edge, and back.

The changes will be aimed at enterprises, the only customer group Microsoft recommends running IE11 in the new operating system.

“We recognize that some enterprise customers have line-of-business applications built specifically for older web technologies, which require Internet Explorer 11,” the company said in a blog post.

Previously, Microsoft included “Enterprise Mode” in Windows 10, a feature that lets an IT staff limit IE11′s operation to specific legacy websites or web apps.

Starting with the Anniversary Update — Microsoft’s name for the one major upgrade it will deliver for 10 this year — the “interstitial” page, one that pops up between running Edge and IE11 when Enterprise Mode kicks in, will vanish.

Currently, a switch from Edge to IE11 opens a page that states, “This website needs Internet Explorer 11″ before IE11 fires up. With the Anniversary Update, the interstitial will no longer appear: IE11 will simply open atop Edge when the user steers to a site or app on the Enterprise Mode whitelist.

The same no-interstitial-page behavior will take place when a worker running IE11 types in an URL that is not on the list: Edge will open without a pause.

Microsoft will also introduce a new group policy for IE11 that will limit the browser’s use to only those sites on the whitelist, barring users from running IE11 for the bulk of their browsing. “Enabling this setting automatically opens all sites that are not included in the Enterprise Mode Site List in Microsoft Edge,” Microsoft said.

IE and Edge have a rapidly-shrinking share of the browser market, but the former will remain important to businesses with older apps and customized internal sites, which unless rewritten will require the older browser. Together, IE and Edge were run by 41.3% of the world’s users in April, a new low that dropped Microsoft into second place behind Google’s Chrome browser.

 

 

 

UPS And SAP To Offer On-demand 3D Printing Service

May 23, 2016 by mphillips  
Filed under Around The Net

UPS and SAP announced plans to offer a distributed, on-demand manufacturing network based on 3D printing that will be available through The UPS Store in more than 60 locations around the U.S.

3D printed goods will also be available through UPS’ Fast Radius on-demand production platform and its 3D printing factory in Louisville, KY.

“The integration into one additive manufacturing and logistics solution this summer will make 3D printing accessible to more potential users, enabling them to realize the convenience and cost-savings this technology offers,” UPS said in a statement.

Users can visit the Fast Radius website (formerly CloudDDM) to place 3D printing orders, which will be transferred to the closest 3D manufacturing or UPS Store location based on speed, geography and the product quality the customer requires.

Some orders can be completed and shipped the same day, UPS said. The service is not limited to U.S.-based customers; UPS will take orders globally.

The new service integrates SAP’s extended supply chain software with UPS’s 3D printing machines and logistics network, enabling “on-demand industrial manufacturing for companies of all sizes,” UPS said.

“SAP customers will be able to digitize and simplify the production part approval process through SAP and their orders can be seamlessly routed to UPS for production and delivery,” the company said.

Stan Deans, president, UPS Global Distribution & Logistics, said “additive manufacturing technology is still developing rapidly so manufacturing as a service is a smart approach for many companies.”

 

 

 

Apple To Open Maps Product Development Center In India

May 20, 2016 by mphillips  
Filed under Around The Net

Moving forward with his attempt to attract Indian customers and developers, Apple’s CEO Tim Cook announced that the company was setting up a new development center for its Maps product in Hyderabad in south India.

Apple earlier on Wednesday announced it would set up by early next year a facility in Bangalore to focus on helping developers on best practices and to improve the design, quality and performance of their apps on the iOS platform.

Cook is on his first visit to India, where the company saw a 56 percent year-on-year growth in iPhone sales in the first quarter even as its global iPhone sales and overall revenue dropped.

Apple’s new center will focus on the development of Maps for Apple products such as the iPhone, iPad, Mac and Apple Watch. The investment will accelerate Maps development and create up to 4,000 jobs, the company said.

The Cupertino, California, company did not disclose the size of its investment in the center though some reports have placed the figure at $25 million.

A large number of U.S. companies, including Texas Instruments, Oracle, Microsoft and IBM, have set up software, chip design and product development centers in India, to tap the country’s large pool of engineers.

“The talent here in the local area is incredible and we are looking forward to expanding our relationships and introducing more universities and partners to our platforms as we scale our operations,” Cook said in a statement.

India is the third-largest smartphone market in the world, after China and the U.S., according to Gartner research director Anshul Gupta.

 

 

Google Unveils A.I. Challenger To Amazon’s Alexa

May 20, 2016 by mphillips  
Filed under Consumer Electronics

Alphabet’s Google Inc  introduced us to its answer to Amazon’s Alexa virtual assistant along with new messaging and virtual reality products at its annual I/O developer conference on Wednesday, doubling down on artificial intelligence and machine learning as the keys to its future.

Google Chief Executive Sundar Pichai introduced Google Assistant, a virtual personal assistant, along with the tabletop speaker appliance Google Home.

He also unveiled Allo, a new messaging service that will compete with Facebook’s WhatsApp and Messenger products and feature a chatbot powered by the Google Assistant. Allo, like WhatsApp, will also have end-to-end encryption when it is rolled out this summer.

Amazon’s Echo, a surprise hit that has other tech giants racing to match it, uses a virtual assistant called Alexa, a cloud-based system that controls the Echo speaker and responds to voice-controlled commands by users.

Like Alexa, Google Assistant can search the internet and adjust your schedule. However, Pichai said Google Assistant can use images and other information to provide more intuitive results.

“You can be in front of this structure in Chicago and ask Google who designed this and it will understand in this context that the name of that designer is Anish Kapoor,” said Pichai, pointing toward a photo of Chicago’s Cloud Gate sculpture.

For Google Home, the Google Assistant merges with Chromecast and smart home devices to control televisions, thermostats and other products. Google did not offer a specific release date or pricing for Google Home, saying only that it will be available later this year.

 

 

Hyundai Motor’s Next-Gen Fuel-Cell Electric Car Launching In 2018

May 19, 2016 by mphillips  
Filed under Around The Net

Hyundai Motor Co aims to launch its next-generation fuel-cell electric vehicle in early 2018, Vice Chairman Yang Woong-chul said, to better compete with Japanese rivals and meet tougher emissions rules.

Hyundai rolled out the world’s first mass-produced fuel cell vehicle in 2013, dubbed the Tucson Fuel Cell, but sales have trailed expectations due in part to a lack of refueling stations and a high price tag.

For its new fuel cell vehicle, the automaker is set to double the driving range to about 800 kilometers (497 miles), the Electronic Times reported in January.

The new model will be a sport utility vehicle (SUV), in contrast to the fuel cell sedans of Toyota Motor Corp and Honda Motor Co Ltd, the South Korean newspaper reported citing a high-ranking Hyundai official.

The automaker declined to comment on details of the new fuel cell vehicle when contacted by Reuters. Vice Chairman Yang was speaking on Wednesday during a ministerial tour of a Hyundai research and development center.

Hyundai, which has long trumpeted fuel-cell vehicles – those powered by electricity generated using hydrogen and oxygen – also plans to launch its first battery-powered car later this year.

 

 

Microsoft Exiting Feature Phone Market, Sales Division

May 19, 2016 by mphillips  
Filed under Mobile

Microsoft Corp has announced that it is selling its entry-level feature phone assets to FIH Mobile Ltd and HMD Global Oy for $350 million.

FIH Mobile, a subsidiary of Hon Hai/Foxconn Technology Co Ltd, would also acquire Microsoft Mobile Vietnam as a part of this deal, Microsoft said.

The company said its 4,500 employees from Vietnam will transfer to or will have an opportunity to join FIH Mobile or HMD Global Oy.

Microsoft will transfer all of its feature phone assets, including brands, software and services, care network and other assets, customer contracts, and critical supply agreements to both the companies as a part of the deal.

Microsoft will continue to develop Windows 10 Mobile and support Lumia phones from OEM partners, the company said.

 

 

Nokia Hits 10Gbps Speeds

May 19, 2016 by Michael  
Filed under Around The Net

Nokia has demonstrated the feasibility of 10Gbps symmetrical data speeds over traditional hybrid fibre-coaxial (HFC) cable networks, such as those operated by Virgin Media in the UK.

Trumping BT’s 5Gbps XG.fast trials, Nokia’s prototype technology, called XG-Cable, is still at the proof-of-concept stage, but should easily integrate into the DOCSIS 3.1 suite of specifications focused on providing cable operators with technology innovations to transform the industry.

DOCSIS is the set of standards governing data access over cable TV networks, and DOCSIS 3.1 was designed to enable capacities of 10Gbps downstream, but only 1Gbps upstream. Nokia has taken this a step further by demonstrating that symmetrical speeds of 10Gbps are possible.

The technology is still at an early stage of development and no in-service date has been even floated by Nokia, but the test by Nokia Bell Labs has apparently demonstrated that the technology is viable using existing HFC cable networks, where fibre-optic cable is used to connect to cabinets on the street and coaxial copper cable lines are used for last-leg distribution to the customer premises.

XG-Cable means that cable operators will at some point in the future be able to use existing HFC cables in the last 200 meters to provide upstream speeds never before achievable owing to the limited spectrum available, according to Nokia.

This will enable the provision of ultra-fast broadband services to consumer locations that were not physically or economically viable unless fiber was brought all the way to the premises.

“The XG-Cable proof-of-concept is a great example of our ongoing effort and commitment to provide the cable industry with the latest innovations and technology needed to effectively address the growing demand for gigabit services,” said Federico Guillén, president of fixed networks at Nokia.

“The proof-of-concept demonstrates that providing 10Gbps symmetrical services over HFC networks is a real possibility for operators. It is an important achievement that will define the future capabilities and ultra-broadband services cable providers are able to deliver.”

Courtesy-TheInq

 

Is There A ‘For Sale’ Sign In Pandora Music’s Future?

May 18, 2016 by mphillips  
Filed under Consumer Electronics

Corvex Management LP disclosed that it owns 9.9 percent of Pandora Media Inc and urged the internet music streaming company to consider being sold instead of pursuing a “costly and uncertain business plan.”

Corvex, a hedge fund run by Keith Meister, a protégé of billionaire activist investor Carl Icahn, said it had met with the company’s management and had withdrawn a plan to replace some of its board members. However, it now believes Pandora should hire an investment bank to help the company explore its strategic options including a sale.

“We believe there is likely to be significant strategic interest in the company at a substantial premium to the company’s recent stock price,” Corvex said, adding that large internet companies, handset makers and media companies could be potential buyers.

Pandora’s shares are down more than 25 percent in 2016 and more than 45 percent year-over-year. Corvex owns about 22.7 million shares in the company, making the hedge fund Pandora’s largest shareholder.

Pandora said in response that it is in constant dialogue with shareholders and committed to achieving long-term value for them.

“Pandora has a profitable core business, combined with a strong balance sheet. We are confidently investing to fully capture the massive opportunity ahead of us,” the company said in a statement.

Oakland, California-based Pandora has faced tough competition from music-streaming rivals such as Spotify, Apple Inc , Alphabet Inc’s Google and Amazon.com and has failed to turn an annual profit as a public company.

Analysts have said Pandora, which had a market capitalization of $2.29 billion on Monday, could be an acquisition target for larger media or internet companies looking to beef up their online music offerings.

Pandora co-founder Tim Westergren, a former musician who spearheaded Pandora’s music algorithm technology, returned to the company March 28 to become CEO, squashing some investors’ hopes the company could be sold.

Westergren told Reuters on April 15, “If you want to sell a company, you don’t do that by spending half a billion on acquisitions and hiring a new CEO.”

 

 

Did Microsoft Delay The Surface Book 2?

May 18, 2016 by Michael  
Filed under Computing

On Thursday, sources within Microsoft’s upstream supply chain have reported that the second-generation refresh to the company’s Surface Book is expected to be delayed. The sources cited “design issues” for the launch setback, indicating that the company could be preparing to redesign some critical areas to the final consumer product before launch.

The sources report the device will launch sometime after 2016, but do not specify whether design-related issues are hardware or software related. They they also confirm that the second-generation Surface Book will be upgraded from a 3000x2000p display to a 4K UltraHD (3840x2160p) display, perhaps in an effort to adopt a more industry-standard resolution that scales well across connected displays.

The second-gen Surface Book, or “Surface Book 2,” will also feature at least one Thunderbolt 3 port based on Intel’s Alpine Ridge controller. This will provide up to 40Gbps of bi-directional bandwidth and the ability to daisy-chain up to six devices simultaneously – including up to dual 4K displays at 60Hz or a single 5K display (5120x2880p) at 60Hz.

Microsoft’s original Surface Book design

The current Surface Book’s design was influenced by the variety of 2-in-1 convertible tablets that have hit mainstream retail shops since they emerged as an industry trend at the 2012 Consumer Electronics Show in Las Vegas. Microsoft developed a special hinge on the keyboard that would maintain the device’s weight-to-balance ratio, a move that allows the device to be used similarly to a clipboard and as a traditional notebook.

The Surface Book and Surface Pro series are both constructed using a magnesium metal “glass” that is melted in an oxygen-free environment and rapidly cooled to prevent crystallization. Of course, general chemistry tells us that magnesium catches fire when exposed to air. With this design, however, some claim the devices would need to be heated to between 500 and 600C to see any real effects, and these temperatures are far outside the rated device operating specs.

Perhaps Microsoft’s reported sign issues with the second-generation Surface Book have more to do with cosmetics, hinges and weight ratios than the construction material, but this is only an educated guess.

Current Surface Book Specifications

The current Surface Book, released in October 2015, measures 12.3 x 9.14 x 0.9 inches (312.4 x 232.2 x 22.9mm) and weighs 3.34 pounds (1.51kg) as a laptop, or just 0.3 inches thick (7.62mm) and 0.76kg (1.6 pounds) as a detachable tablet.

The device features a 13.5-inch 3000x2000p display (267ppi) and includes either a 2.4GHz Core i5 6300U (Skylake) or 2.6GHz Core i7 6600U (Skylake) CPU, 8 or 16GB of LPDDR3 RAM, an optional Geforce 940M 1GB GPU, 128GB to 1TB of SSD storage, dual-band 802.11n/ac Wi-Fi, Bluetooth 4.0, two USB 3.0 ports, a Mini DisplayPort, an SDXC card reader, an 8-megapixel rear 1080p camera, a 5-megapixel front camera, dual microphones, a 3.5mm headphone jack, and is compatible with a variety of stylus pens.

Surface Book vs. Surface Pro sales still unknown

In January, Microsoft reported that it sold 2.5 million Surface-series devices in Q4 2015 (October through December), or $888 million dollars’ worth. However, we are unsure how many of these sales are specifically Surface Book units versus Surface Pro 3 and 4 units. In total, the company sold 6 million Surface series devices in 2015. This is compared with a previous 4 million sale estimate for the year, according to sources in the upstream supply chain.

Couresty-Fud

 

 

Is Mozilla Going After The FBI?

May 18, 2016 by Michael  
Filed under Computing

Mozilla is taking legal action to find out whether its code was affected during an FBI investigation into Tor, the privacy browser that shares a lot of Firefox code.

Mozilla has concerns that the FBI has found a vulnerability that it will not disclose. The firm wants to know what it might be so that it can apply a fix. The FBI has not helped out, so the software company has taken its case to the courts.

“User security is paramount. Vulnerabilities can weaken security and ultimately harm users. We want people who identify security vulnerabilities in our products to disclose them to us so we can fix them as soon as possible,” said Mozilla lawyer Denelle Dixon-Thayer in a blog post as she explained that this is not a political action.

“Today, we filed a brief in an ongoing criminal case asking the court to ensure that, if our code is implicated in a security vulnerability, the government must disclose the vulnerability to us before it is disclosed to any other party.

“We aren’t taking sides in the case, but we are on the side of the hundreds of millions of users who could benefit from timely disclosure.”

The situation arose after an FBI investigation into a Tor-based child abuse site. The site was closed down, and the FBI reportedly installed malware to trace the users.

This suggests that the FBI has a decent way into the software, which raises concerns for Mozilla.

“The relevant issue in this case relates to a vulnerability allegedly exploited by the government in the Tor Browser,” said Dixon-Thayer.

“The Tor Browser is partially based on our Firefox browser code. Some have speculated, including members of the defence team, that the vulnerability might exist in the portion of the Firefox browser code relied on by the Tor Browser.

“At this point, no one (including us) outside the government knows what vulnerability was exploited and whether it resides in any of our code base.

“The judge in this case ordered the government to disclose the vulnerability to the defence team but not to any of the entities that could actually fix the vulnerability. We don’t believe that this makes sense because it doesn’t allow the vulnerability to be fixed before it is more widely disclosed.”

Mozilla would like the FBI to follow the same disclosure procedures as the technology industry and do the decent thing by letting the company know as soon as possible.

“Court-ordered disclosure of vulnerabilities should follow the best practice of advance disclosure that is standard in the security research community,” she said.

“In this instance, the judge should require the government to disclose the vulnerability to the affected technology companies first, so it can be patched quickly.

“Governments and technology companies both have a role to play in ensuring people’s security online. Disclosing vulnerabilities to technology companies first allows us to do our job to prevent users being harmed and to make the web more secure.”

Courtesy-TheInq

 

Half Of Web Traffic Is Bot Generated, Says Recent Report

May 17, 2016 by mphillips  
Filed under Computing

Nearly half of all Web traffic comes from bots and crawlers, and that’s costing companies lots of money.

That’s one finding from a report released by DeviceAtlas, which makes software to help companies detect the devices being used by visitors to their websites.

Non-human sources accounted for 48 percent of traffic to the sites analyzed for DeviceAtlas’s Q1 Mobile Web Intelligence Report, including legitimate search-engine crawlers as well as automated scrapers and bots generated by hackers, click fraudsters and spammers, the company said.

DeviceAtlas is owned by Afilias, which calls itself the world’s second-largest Internet domain name registry.

Bot technologies have long been known to account for a significant amount of traffic, but today they’re becoming more malevolent — and more expensive, said Ronan Cremin, CTO of DotMobi, a mobile content delivery company also owned by Afilias.

“We used to think of bots as passive ambient noise,” Cremin said. “That’s now changed to the point where they actually interact with the sites they visit and mimic human traffic exactly.”

Bots are commonly used to generate “clicks” and false ad revenue, but in some cases, they make purchases online with the goal of influencing prices, Cremin said.

“It’s a tricky problem,” he said. “Now that it’s so cheap and easy to deploy bots, the game has changed.”

Digital marketers have long known that much of the traffic to their websites is not legitimate human traffic, and nearly all Web analytics tools attempt to filter out that non-human traffic, said analyst Frank Scavo, president of Computer Economics.

But it’s not an easy task.

“Fraudsters go to great lengths to make their traffic appear to be human-generated,” Scavo said. “Moreover, ad sellers and marketing agencies may not be particularly interested in seeing their Web traffic numbers reduced.”

So, what’s a company to do?

“If you’re advertising on a per-impression or per-click basis, you need to closely scrutinize your analytics,” Scavo said. “Trust me, you’re never underpaying.”

If possible, it’s best to link Web marketing expenses to concrete business results like conversions rather than impressions or clicks, he said.

Equipped with analytics tools that can identify non-human sources, companies can also send those bot visitors to slower servers, Cremin said.

“Your main website could be significantly slowed for human visitors by bots, and that’s not a good place to be,” he said. “You can achieve significant cost savings by restricting that traffic.”

 

 

 

Amazon To Launch Private Label Products Soon

May 17, 2016 by mphillips  
Filed under Around The Net

Amazon.com Inc is gearing up to launch several new lines of its private-label brands in the coming weeks, the Wall Street Journal reported, citing people familiar with the matter.

The new brands with names like Happy Belly, Wickedly Prime and Mama Bear will include nuts, spices, tea, coffee, baby food and vitamins, as well as household items such as diapers and laundry detergents, the newspaper reported.

Amazon will only offer these labels to its Prime subscribers, the Journal reported, adding the first of the brands could begin appearing at the end of May or early June.

“We don’t comment on rumors or speculations,” a company spokeswoman said in an email.

Last week, Amazon launched Amazon Video Direct for users to post videos and earn royalties with them, setting it up directly against Alphabet Inc’s YouTube.