Amazon invested $300 million in smartphone company

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Amazon's Alexa Fund and Tencent have invested $300 million in Andy Rubin's new smartphone company Essential, according to The Wall Street Journal.

For Amazon, it's the second major effort to back a smartphone. The company had a high-profile failure with its own smartphone, the Fire, which was launched with much fanfare in July 2014, but didn't make a...

Amazon invested $300 million in smartphone company

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