Tech Terrain

In the race to become the leader for the future of innovation among Google , Facebook , Apple , and Amazon ; the big four are hard at work designing and implementing a successful strategy for 2013. Of the four tech businesses, Amazon is the only content oriented competitor. Although Amazon is a buying machine that dabbles in advertising, the heart of the company lies in selling you stuff plain and simple. With internet speeds continuing to speed up through ISP 's, hotspots and wireless internet providers, the race is heating up to be #1. What can we expect from Amazon in 2013? Despite the sales driven guiding principle, analysts predict that Amazon will go head to head with two out of the three 2013 predominant ecosystems. This comes to no surprise because in order to increase market share and grow, you have to expand into arenas that already exist. The catch is that Amazon will have to differentiate itself from its competitors in previously existing markets and find ...

Flipkart, India's biggest online retailer of books and electronics gadgets, has acquired smaller rival Letsbuy, seeking to consolidate its position ahead of Amazon.com Inc's planned entry into the Indian market. Flipkart did not disclose the value of the deal, but a person with direct knowledge of the matter said it was "somewhere in the range" of $20 million to $25 million.