EghtesadOnline: France, Germany, Italy and Spain want digital multinationals like Amazon and Google to be taxed in Europe based on their revenues, rather than only profits as now, their finance ministers said in a joint letter.
EghtesadOnline: Apple Inc. has shaken up responsibility for a key product, Siri, in an effort to integrate the voice-activated assistant more deeply into the company’s devices in the face of competition from rivals including Amazon.com Inc.
EghtesadOnline: Alphabet Inc’s Google this week will disclose technical details of its new Titan computer chip, an elaborate security feature for its cloud computing network that the company hopes will enable it to steal a march on Amazon.com Inc and Microsoft Corp.
EghtesadOnline: Wal-Mart Stores Inc is teaming up with Alphabet Inc's Google to enter the nascent voice-shopping market, currently dominated by Amazon.com Inc, adding another front to Wal-Mart's battle with the online megastore.
EghtesadOnline: A payment facilitation website called ‘Laklak’ (meaning stork) has been launched allowing people to purchase from sites such as Amazon, Aliexpress and Ebay.
EghtesadOnline: Amazon.com Inc is quickly ramping up the billions of dollars a year it spends on creating and licensing TV shows and films, signaling the retailer plans to be in show business for the long haul.
EghtesadOnline: Almost nothing seems out of reach for Amazon.com Inc. these days. Grocery stocks crumbled when the company bid for Whole Foods Market Inc. in June. Blue Apron Holdings Inc. slumped after Amazon got into prepared food kits. Sports chains slipped when Nike Inc. agreed to sell its wares on the e-commerce giant’s website.
EghtesadOnline: What looms over businesses as far flung as car repair, lab equipment and swimming pool gear? In a word, Amazon.
EghtesadOnline: Amazon.com Inc has done away with a controversial clause in its cloud computing contracts that prohibited customers from suing the company over patent infringement, according to an updated version of the Amazon Web Services customer agreement released on Thursday.
EghtesadOnline: Nike's pilot program to sell certain products on Amazon and Instagram is a precursor to it forging a deeper relationship with online retailers, and could hit sales at sporting goods retailers such as Foot Locker Inc.