EghtesadOnline: Standing before an audience of 14,000 people last year, Walmart Inc executives described a radical plan to help it fend off Amazon.com Inc and other online delivery services from stealing its customers.
EghtesadOnline: Google will invest $550 million in Chinese e-commerce powerhouse JD.com, part of the U.S. internet giant’s efforts to expand its presence in fast-growing Asian markets and battle rivals including Amazon.com.
EghtesadOnline: Apple is on the verge of becoming the first $1 trillion publicly listed U.S. company, but even if it gets there, it could soon be overtaken as Amazon.com surges from behind.
EghtesadOnline: Amazon.com Inc. may have big ambitions to shake up health care, but it is starting small.
EghtesadOnline: Jeff Bezos sold a million Amazon.com Inc. shares this week for $1.1 billion, according to a U.S. securities filing on Friday. The sale represented 1.3 percent of his holding and leaves Bezos with a 16.4 percent stake in the retailer.
EghtesadOnline: The world’s largest online retailer on Wednesday announced Amazon Key, a lock and camera system that users control remotely to let delivery associates slip goods into their houses. Customers can create temporary passcodes for friends and other services professionals to enter as well.
EghtesadOnline: Amazon.com Inc. is tapping some of the biggest athletic-apparel suppliers to make a foray into private-label sportswear, according to people familiar with the matter, setting the stage for further upheaval in an already-tumultuous industry.
EghtesadOnline: Amazon.com Inc is working on its first wearable device - a pair of ‘smart glasses’, the Financial Times reported on Wednesday.
EghtesadOnline: Apple Inc. upgraded its Apple TV set-top box to handle higher-quality video as competition from Amazon.com Inc., Roku Inc., and Google heats up in the living room.
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.