Amazon posts largest profit in its history on sales, tax boost
Amazon.com Inc on Thursday reported a profit near $2 billion, the largest in its history, as the online retailer drew millions of new customers to its Prime fast-shipping club for the holiday season and as changes to U.S. tax law added to its bottom line.
Google pulls YouTube from Amazon devices, escalating spat
Rare public spat in the technology industry escalated when Google said it would block its video streaming application YouTube from two Amazon.com Inc devices.
EU hammers Amazon, Apple over taxes
The EU turned the screw on US tech giants Wednesday, ordering Amazon to repay Luxembourg 250 million euros in back taxes and taking Ireland to court for failing to collect billions from Apple.
Amazon Primes whole foods for more visitors
Today, millions of consumers get lower prices and other perks in exchange for favoring one store chain over another. Starting Monday, Amazon.com Inc. will lavish its most loyal customers with similar benefits and more when they shop at Whole Foods Market Inc., t
Google and Walmart team up to take on Amazon
Wal-Mart, the world's biggest retailer, and Google, the internet's predominant search engine, are teaming up in an attempt to challenge Amazon's growing dominance in online shopping.
Amazon set to create 1,000 new jobs in UK
US online retail titan Amazon will create more than 1,000 new jobs next year with the opening of a new warehouse in Britain, under plans unveiled Wednesday.
Facebook to produce own TV series, games
Facebook is starting production on high-quality television series and gaming shows to be broadcast on its platform, one of the social media giant's executives said on Monday.
Enterprise lessons from Amazon and WholeFoods
The biggest news in technology recently has been Amazon’s acquisition of the premium grocery chain – Wholefoods - for $13.7 billion. The acquisition was unexpected, and it came as a surprise to a lot of people.