Best New Online Retailer May be Facebook

(Award-winning tech columnist Jon Markman publishes of Strategic Advantage, a popular daily newsletter about the digital transformation of business, entertainment and society — and how to invest in it. Click here for a free two-week trial.)

The growth of online shopping is probably peaking right now and that is bad news for shareholders of many ecommerce companies. Investors should switch out to Facebook ((FB) -Get Report).

Adobe Systems ((ADBE) -Get Report) released on Saturday the first look at online Black Friday sales. Shoppers spent $9 billion, up 21.6% from a year ago. Unfortunately the comparisons will get more difficult moving forward.

It’s time for investors to look for sales growth in unconventional places.

To be clear, the current state of ecommerce is robust. The global pandemic pushed millions of new consumers online. By all accounts they became comfortable quickly.

The Adobe Digital Insights survey revealed

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Facebook Buys Online Customer Service Startup Kustomer

Facebook on Monday announced it is buying a startup specializing in helping businesses interact with customers online.

The acquisition of five-year-old Kustomer comes as the leading social network continues to weave e-commerce into offerings, particularly its WhatsApp and Messenger messaging services.

More than 175 million people contact businesses via WhatsApp daily, and the number is growing, according to WhatsApp chief operating officer Matt Idema and Facebook vice president of business products Dan Levy.

“With our complementary capabilities, we will be able to help more people benefit from customer service that is faster, richer and available whenever and however they need it — via phone, email, text, web chat or messaging,” Kustomer chief executive Brad Birnbaum said of uniting with Facebook.

“In particular, we look forward to enhancing the messaging experience which is one of the fastest growing ways for people and businesses to engage.”

The acquisition of five-year-old Kustomer comes as Facebook continues to weave e-commerce into offerings, particularly its WhatsApp and Messenger messaging services The acquisition of five-year-old Kustomer comes

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Amazon details cause of AWS outage that hobbled thousands of online sites and services

A past AWS re:Invent conference. (GeekWire Photo)

A “relatively small addition of capacity” to the Amazon Kinesis real-time data processing service triggered a widespread Amazon Web Services outage last week, the company said in a detailed technical analysis over the weekend.

The addition of the new capacity “caused all of the servers in the fleet to exceed the maximum number of threads allowed by an operating system configuration,”  describing a cascade of resulting problems that took down thousands of sites and services.

The outage impacted online services from big tech companies such as AdobeRokuTwilioFlickrAutodesk, and others, including New York City’s Metropolitan Transit Authority and the Washington Post, which is owned by Amazon CEO Jeff Bezos, was also impacted by the outage.

It was an especially ill-timed incident for Amazon, coming just days before its annual AWS re:Invent cloud conference. Reliability has

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Team Extension Transforms Businesses Online Through Software Development Services

This company helps provide businesses with highly-skilled software developers. This way, company owners can focus on crucial processes to run their businesses.

Since the COVID-19 pandemic started, software companies have noticed a high increase in fitness app development. The lack of physical activity of the stay-at-home population has encouraged gym owners to adjust their businesses fast and move most of their fitness marketing online. One of the fastest ways to go digital is to build a fitness application that will work on all platforms, and this is where Flutter can help.

Flutter is a software development toolkit that helps create applications for mobile, web, and desktop from a single codebase. Team Extension®, a startup that provides highly-skilled software developers to businesses, is actively promoting the use of Flutter to allow businesses to remain relevant during the pandemic.

However, Team Extension believes that using Flutter is not enough, having the right

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Tony Hsieh, tycoon and online commerce guru, dies at 46 in house fire

The former CEO of retired last summer, after selling his company to Amazon for nearly $ 2 billion.

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3 min read

This article was translated from our Spanish edition using AI technologies. Errors may exist due to this process.

The businessman Tony Hsieh, former CEO of the clothing and shoe store, died of a domestic fire last Friday, as confirmed on the official website of the company he created.

The accident, where the 46-year-old billionaire lost his life, occurred on November 27 in Connecticut, USA. No further details have been given about the cause of his death or the circumstances of the fire. For now it is only known that Hsieh was visiting his family.

The late businessman sold in 2009 to Amazon for $ 1.9 billion. However, he remained

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ONLINE VIRTUAL OPERA TOUR at Home Computer Screens

BWW Feature: ONLINE VIRTUAL OPERA TOUR at Home Computer Screens

BWW Feature: ONLINE VIRTUAL OPERA TOUR at Home Computer Screens

For those who have not yet seen it, or want to see it again, LA Opera proudly presents The Anonymous Lover (L’Amant Anonyme), an unjustly neglected 1780 chamber opera by Joseph Bologne, Chevalier de Saint-Georges, a pioneering Black composer who was a contemporary of Mozart. His comic romance tells the story of Léontine, a beautiful young widow who has become disillusioned with love. Much to her surprise, she receives a steady stream of letters and gifts from an unknown man professing his undying passion. Her friend Valcour tells her he has no interest in romance. But now, after hiding his true feelings for years, Valcour has the courage to reveal that he himself is her devoted secret admirer. Will his confession sway a woman sworn to resist all affairs of the heart? Available only through November 29, 2020.

Leaving Los Angeles late in the afternoon, we land in

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How to stop Google from tracking your computer and limit its data collection of your online history

a man standing in front of a sign: There are several ways you can disable or limit how Google tracks you. Alain Jocard/Getty Images

© Alain Jocard/Getty Images
There are several ways you can disable or limit how Google tracks you. Alain Jocard/Getty Images

  • You can stop Google from tracking your computer by going to your Google Account page and turning off Web & App Activity and Location Services. 
  • Google tracks your activity and location on any device when you’re signed into Google. 
  • If you force Google to stop tracking you, you’ll lose Google’s ability to personalize its services based on your web behavior and location.  
  • Visit Business Insider’s Tech Reference library for more stories.

While it may be cliché to say that Google knows everything about you, there’s also a lot of truth to that statement. If Google’s various tracking services are enabled, it knows both where you are and what your online search activity has been.

There are benefits to this tracking, of course — for example, Google can provide information

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4 Strategic Business Lessons From Entrepreneurs Who Run Their Business Completely Online

5 min read

Opinions expressed by Entrepreneur contributors are their own.

You’re reading Entrepreneur India, an international franchise of Entrepreneur Media.

The ongoing COVID-19 pandemic has already brought enormous change in the way we do business. Millions of people are forced to run their business completely online, working from home. Of course change is inevitable in business, things change in time; but the pandemic made it compulsory to adapt to a new reality, to survive. Even after several months, the future still looks uncertain; the only thing we can be sure of at the moment is, doing business online.

Right now, for any entrepreneur, the main emphasis should be on sharpening the digital business strategies. Here, four entrepreneurs from different countries and different sectors share their experience and a lesson they’ve learned while running their completely online businesses.

Build your business based on what you’re good at,

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Amazon Web Services suffers amid widespread issues with online applications

logo, company name

© Marketwatch

MARKET PULSE Inc.’s massive cloud-computing operation reported errors with a key data-streaming platform Wednesday morning, as online applications suffered across the U.S. Amazon Web Services reported problems with its Kinesis service, which assists online services with real-time data streaming at 9:36 a.m. Eastern time. About an hour later, AWS posted a banner atop its Service Health Dashboard saying that the issue had spread to other services and that it “has also affected our ability to post updates to the Service Health Dashboard.” At 12:12 p.m. Eastern, Amazon said on the site it was “continuing to work towards resolution.” The problems stemmed from the company’s core eastern U.S. hub in northern Virginia; a problem with AWS’s S3 service at that facility in 2017 caused widespread outages for popular online services. The website, which tracks online services, reported problems from several popular offerings Wednesday morning, including the popular

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Best Buy Q3 online sales surge, stock falls on lack of forecast

  • Best Buy posted $11.85 billion in third-quarter revenue on Tuesday, beating analyst expectations. 
  • Online orders continued to surge, making up more than a third of all sales, amid another rise in coronavirus cases. 
  • Despite the results, Best Buy’s stock sank as much as 5% after executives declined to give a forecast for the fourth quarter.
  • Visit Business Insider’s homepage for more stories.

Best Buy posted booming sales Tuesday, including online orders almost tripling, as demand for home electronics and entertainment products continues to soar during the pandemic. Yet anxiety about a fourth-quarter slowdown and lack of future guidance caused the retailer’s stock to fall more than 6%. 

The electronics retailer reported $11.85 billion in total revenue for the quarter to October 31 — up 21.4% on the same time last year, which the company noted was better that expected. Analysts had expected revenues of about $11.0 billion. 

The rising revenue

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