RING IS AMAZON’S LATEST ACQUISITION

California- based Ring, a Shark Tankreject start- up that develops smart home security products, including Wi- Fi- enabled video doorbells, has been snapped up by Amazon for over $ 1 billion. The acquisition gives the e- commerce giant a bunch of convenient tools as it starts home delivering packages. Ring is compatible with Amazon’s Alexa, which can be asked to show the live feed of the exterior via Ring cameras.