Ring Founder Announces His Shift from CEO to Chief Inventor

Ring founder Jamie Siminoff announced that he is stepping down as CEO of the company five years after it was picked up by Amazon. The inventor of the popular video doorbell says that invention is his true passion so he plans on creating new products for Ring as its chief inventor. Discord COO Liz Hamren has been named the new chief exec at Ring. “Liz has a long history in consumer devices and subscription services, building and launching some of the most innovative and beloved consumer products from Oculus to Xbox and more,” wrote Siminoff in a company blog post. Continue reading Ring Founder Announces His Shift from CEO to Chief Inventor

Smart Speakers Could Become Centers of Retail Ecosystems

Consumers buying smart home and other Internet of Things devices don’t often understand the wider implications of their purchases. The tech companies building these devices are creating ecosystems that could, among other things, determine the future of retail. For example, buying a smart speaker to play music will likely become the consumer’s “access point” for a range of services, including shopping options. Consumers opting into one company’s products may be unknowingly opting out of other companies’ offerings. Continue reading Smart Speakers Could Become Centers of Retail Ecosystems

Amazon Expands Smart Home Portfolio with Ring Purchase

Amazon just inked a deal to acquire Santa Monica, CA-based Ring for what Reuters says is more than $1 billion. Ring made its mark with its Wi-Fi-enabled doorbells that, via integrated cameras, enable homeowners to see who’s at their front door from their smartphone. The company launched with a video doorbell, now priced at $179, and has expanded to offer other video doorbell versions, and security cameras and systems. Last month, Ring acquired Mr. Beams, Wi-Fi-enabled LED lighting with motion sensing abilities. Continue reading Amazon Expands Smart Home Portfolio with Ring Purchase

Amazon to Debut New Delivery Service in 37 Cities Next Month

Amazon is introducing Amazon Key, a service that, via a smart lock and a security camera, allows its couriers to unlock the consumer’s front door and drop a package inside. Similarly, Latch, a startup that makes smart locks, inked a deal this summer with Walmart online shopping site Jet.com to pay for its locks to be installed in 1,000 New York City apartment buildings. Amazon Key, which starts at $250, is a kit that includes an Amazon Cloud Cam (available separately for $120) and a Yale or Kwikset smart door lock. Continue reading Amazon to Debut New Delivery Service in 37 Cities Next Month