As a celebration for surprising Golden Globe win for "Mozart in the Jungle," Amazon prepares a special offer. Beside streaming the series for free this weekend, the company is also discounting subscription for Amazon Prime. .
Amazon.com expand its business to delivery service. The company will fully acquire French delivery company, Colis Privé. This acquisition will put Amazon head-to-head with FedEx, DHL and UPS.
The fake product reviews posed a serious problem with the festive season knocking at the door. The growth of eCommerce has increased the sale of products online in leaps and bounds. So are the consumer reviews, which go hand in hand with the high revenue generated eCommerce sites.
Approaching Thanksgiving, Amazon offers a great price for its Fire gadget series. It cuts Kindle Fire price to $35 and Fire TV to $25. According to Time Magazine, starting Thanksgiving, Amazon will drop $15 of prices for Fire tablet, its number one best-selling product to $34.99.
Amazon is opening its first physical bookstore on Tuesday this week. The store is located in the University Village shopping center, an upscale outdoor mall north of the University of Washington, Seattle.
Amazon.com is finally no longer selling Apple TV or other streaming devices like Google's Chromecast to boost sales of its own Fire TV box and Fire TV Stick units. The company's plan to discontinue selling competing product was first announced earlier in October.
The European Union Commission agreed that Starbucks Corp and Fiat Chrysler Automobiles NV is currently benefiting from illegal tax deals with the government. The decision came yesterday after the hearing organized by the European Parliament.
Earlier this week, hundreds of corporate and support jobs will be laid off at Wal-Mart Stores. The cuts come at time Wal-Mart is investing in billions to strengthen its e-commerce for better competition with Amazon.com and Target, giving hundreds of thousands of in-store workers raises.
American technology giant in global database industry Oracle Corporation is shifting its focus on cloud offerings. Of late the database major has been facing stiff competition from new technology companies which offer cost-effective solutions via the internet. The shift to cloud could affect Oracle's revenues coming from business fee from existing customers running Oracle software at their data centers, analyses technology experts.
Amazon.com, Inc. plans to drop a new tablet worth $50 as it has struggled drawing customers to its pricier devices. The said tablet is said to be rolled out this holiday.
E-commerce startup Jet.com which was launched on July 31 had raised $225M only by this month. The new company was valued $600M and is now competing with Amazon.com.
U.S. stocks ended stronger on Wednesday as Visa's potential expansion into China and talk of a turnaround at McDonald's helped investors look beyond a mixed bag of quarterly earnings.
Video streaming pioneer Netflix Inc added more subscribers in the first quarter than it had projected, helped by aggressive expansion in overseas markets.
Amazon.com (AMZN.O) is in talks to buy online luxury retailer Net-a-porter in what could be the biggest acquisition yet for the e-commerce giant, but the negotiations are in early stages and could fall apart, Forbes reported, citing a person familiar with the matter.
Apple Inc's planned video streaming service may not be a tough sell for media companies who could be enticed by the company's ubiquitous iPhones and iPads, which represent a new stream of growth for an industry losing viewers.
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