Fashion > Tech

Amazon Raises Prime Membership Fee to $119 USD

25 days ago   |   By Hypebeast

Amazon has had a really good month - it now has over 100 million Prime members , it's now worth more than Alphabet and its quarterly profits doubled to $1.6 billion USD. In spite of all of that, Jeff Bezos ' booming e-commerce platform has only bad news for its customers - its Prime membership fee is increasing from $99 to $119 USD per year in the US.
The 20 percent price hike will go into effect on May 11 and will apply to existing Prime members' renewals on June 16 (i.e. if your regular renewal is on or after June 16, you will have to pay the new fee of $119 USD). According to Amazon CFO...
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Sonos Could Soon Be Worth $3 Billion USD

Sonos Could Soon Be Worth $3 Billion USD

25 days ago   |   By Hypebeast

Sonos could soon be worth around $2.5 to $3 billion USD. As multiple media outlets have noted, the popular, forward-thinking audio company has privately filed paperwork with the Securities and Exchange Commission that hint at an initial public offering. "The report says it's likely Sonos would raise hundreds of millions of dollars in capital with an IPO, and that it's market valuation may be around $2.5 to $3 billion as a result," writes The Verge 's Nick Statt. According to The Wall Street Journal , the IPO will hit the public spectrum in June.
At the start of this month, Sonos...
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