Market News / Story
Amazon Wants a Bigger Place at Your Door
GuruFocus ·
GuruFocus reports: Amazon.com Inc. (AMZN, Financials), the e-commerce and cloud computing company, is expanding Ring beyond cameras and doorbells with its first smart lock. The Ring Smart Lock will give users four ways to unlock a door: fingerprint recognition, a touchscreen keypad, the Ring app or Amazon's Alexa voice assistant. A built-in dial can also generate enough emergency power to reactivate the lock when its battery runs out. That feature addresses one of the practical problems…