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 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