VENTURE CAPITAL POST

Italian prosecutors have wrapped up an investigation into allegations U.S. tech giant Apple (AAPL.O) failed to pay corporate taxes to the tune of 879 million euros ($964 million), two sources said on Monday.

Amazon.com Inc has won approval from U.S. federal regulators to test a delivery drone outdoors, as the e-commerce company pursues its goal of sending packages to customers by air, even as it faces public concern about safety and privacy.

U.S. stocks closed down on Friday after a volatile session as investors worried at the end of a rough month for the market about weak U.S. growth data and whether instability in Europe could hurt corporate earnings in the United States.

U.S. tech giant Amazon is in talks to buy Israeli chipmaker Annapurna Labs for up to $370 million, financial newspaper Calcalist reported on Thursday.

European antitrust regulators believed Amazon's (AMZN.O) arrangement with Luxembourg to minimise its tax bill did constitute state aid and expressed doubt that such aid was lawful, according to a document released on Friday.

Amazon prides itself on being a company that breaks the rules, but its recent success in Hollywood also reflects an embrace of a more traditional, old-fashioned script.

For top U.S. retailers, free delivery is now the norm. That is good news for shoppers, but not so much for investors. During the just-ended holiday season, outlets from Target to Wal-Mart to Amazon

Amazon.com Inc said on Friday it drew more than 10 million new members to its Prime shipping and digital content service over the holidays and intends to offer one-hour shipping to more cities in 2015.

This spring, Taser International Inc won a small but high-profile contract to supply body cameras to the London police. But the deal nearly collapsed over one issue: where the video footage would be stored.

Flipkart, India's largest online retailer, on Saturday said it had raised funding worth $700 million, as it tries to compete with Amazon, which is rapidly scaling up operations in the country.

Amazon.com Inc added a new feature to its website on Tuesday that allows customers to bid for lower prices on more than 150,000 items, including fine art and rare coins, sold by third-party vendors.

Lu Wei, China's top Internet regulator, may not welcome Facebook to his house, but he's certainly welcome at Facebook. Lu, the minister of China's Cyberspace Administration, recently toured the campuses of U.S. tech giants Facebook Inc, Apple Inc and Amazon Inc, according to a report and pictures posted on a Chinese government website on Monday.

Amarilis Sinchi visited Macy's at a New Jersey mall on Black Friday, but she waited until this week to purchase the red fleece pajamas she had her eye on.

Britain plans to introduce a tax to target multinationals such as Google Inc (GOOGL.O) and Amazon Inc (AMZN.O) accused of using complex accounting schemes to cut their payments on earnings in the country.

A German entrepreneur has invented an in-home machine that quickly turns raw beans into a freshly brewed cup of coffee, racking up 5,000 pre-orders as consumers search for the perfect brew and retailers hunt for new ways tap the coffee market.