Internet retailer Amazon.com, Inc. (NASDAQ:AMZN) has inked a multi-year agreement with publisher Hachette Book Group over the sales of ebooks and print books. The agreement signals an end to the two companies’ bitter conflict the previous months, stemming from differences regarding price setting and Amazon’s cut on book sales. The dispute lasted for about six…
Amazon.com, Inc (AMZN) To Expand AWS, Dismisses Threat from Rivals in Cloud Market
Amazon.com, Inc. (NASDAQ:AMZN) is set to expand its AWS (Amazon Web Service) unit by gradually establishing data centers in every large country throughout the world, AWS chief Andy Jassy said during Amazon’s third annual AWS conference in Las Vegas on Wednesday. In a report by Reuters, Jassy is quoted as saying that Amazon is committed…
Amazon.com, Inc. (AMZN) Strikes Deal With Future Retail Ltd (523574) to Sell Goods Online
Amazon.com, Inc. (NASDAQ:AMZN), the world’s largest online retailer, has penned a deal with India’s largest retailer Future Retail Ltd (BOM:523574) to jointly sell goods online. The companies will first begin with the sale of apparel before going into other commodities. The two economic juggernauts are also expected to partner on marketing the products. The deal…
Is There An Opportunity To Buy Amazon.com Inc (AMZN), Google Inc (GOOGL) And Facebook Inc (FB) With Discounts?
A downward spiraling trend in the life-cycle of a stock is one of the best opportunities to make an entry – this mantra is usually applied by all successful stock traders and more so if the stock in question belongs to an Internet blue-chip company. Therefore, when big names like Amazon.com Inc (NASDAQ:AMZN), Google Inc…
Amazon.com, Inc. (AMZN) under EU Watchdog’s Scanner for Its Luxembourg Tax Deals
Amazon.com, Inc. (NASDAQ:AMZN) is the latest technology giant to fall under the scanner of EU Watchdog, as the European regulators investigate the tax arrangements of the company with Luxembourg. The online retailer has joined the likes of Apple Inc (NASDAQ:AAPL) and Starbucks Corporation (NASDAQ:SBUX) facing similar tax probes. The primary area of investigation is to…
Amazon.Com, Inc. (AMZN) Faces a Law Suit From Its Own Workers Demanding To Be Paid For Waiting in Line
Obvious challenges that come with huge warehouses such as those owned by Amazon.com, Inc. (NASDAQ:AMZN) are the risk of losing precious commodities to unscrupulous workers. Workers are hence forced to endure gruesome screening after their shifts through security checkpoints that take about 30 minutes. This is what has ultimately made workers of the online retailer…
Amazon.com, Inc. (AMZN) Facing Challenges but Good for Long Term Investment
Amazon.com, Inc. (NASDAQ:AMZN) isn’t the most valued online retailer now, that position was taken just recently by Alibaba. In the stock markets, Amazon hasn’t been doing well either, having a lower performance than many competitors. This year, the company has poster 18% tumble in the stock market. The online retailer has been undergoing several challenges.…
Google Inc (GOOGL) and Amazon.com, Inc. (AMZN) Move Fast to Beef Security Against Shellshock Threat
Two online giants, Google Inc (NASDAQ:GOOGL) and Amazon.com, Inc. (NASDAQ:AMZN), have raced fast to seal holes through which “Bash bug” or “Shellshock” can penetrate systems. Shellshock is a defect that can enable unauthorized persons to seize the control of website servers and computer systems. The bug makes millions of computers and servers susceptible as it…
Amazon.com, Inc. (AMZN)’s Digital Music and Video Head to Leave By the End of 2014
As told by a company spokeswoman, the head of Digital Music and Video is likely to leave Amazon.com, Inc. (NASDAQ:AMZN) by the end of the year. The VP is to leave the company for unknown reasons. One of Amazon.com, Inc. (NASDAQ:AMZN)’s Vice President, Bill Carr, is going to leave the company by the end of…
Amazon.com, Inc. (AMZN) Testing Smart Home Gadgets amid Hardware Unit Expansion Plans
Amazon.com, Inc. (NASDAQ:AMZN) is working on a plan to enhance its Silicon Valley-based hardware unit, Lab126, by 27% within the next 5 years. At the same time, the online retailer is testing its smart home devices in the same lab. Lab126 is the unit that developed Kindle and several other consumer electronics. The company is…