Amazon.com, Inc.(NASDAQ:AMZN) shares jumped as much as 14 percent in after-hours trading on news of quarterly results that beat analysts estimates. The giant internet retailer hit an earnings of 45 cents per share for the quarter covering October to December, 1 cent more than twice Wall Street’s consensus expectations of 17 cents per share. Quarterly…
Amazon.com, Inc. (AMZN) Competes Against Google Inc (GOOGL) and Microsoft Corporation (MSFT) with Corporate E-Mail Service
Amazon.com, Inc.(NASDAQ:AMZN) have launched its very own corporate email service, directly competing with long time email service providers Google Inc (NASDAQ:GOOGL) and Microsoft Corporation (NASDAQ:MSFT). Offered through its AWS (Amazon Web Service) platform, the corporate email client from Amazon is called WorkMail, offering secured email management and calendaring services. With many providers already offering email…
Amazon.com, Inc. (AMZN), Other Internet Retailers Stimulate Real Estate Surge in India
Amazon.com, Inc.(NASDAQ:AMZN) and its local rivals in the internet retailing business in India are contributing towards a real estate surge in the country as commercial activities from the industry drives growth in property leasing to accommodate retailers’ increasing needs for storage space. According to a report released by CBRE, a property consultant, India’s growing e-commerce…
Amazon.com, Inc. (AMZN) Plans to Buy Israeli Chip Maker And Tech Startup Annapurna Labs
In a round of capital investments from all the major tech giants, Amazon.com, Inc. (NASDAQ:AMZN) has joined the bandwagon with initial speculations of acquiring an Israeli tech startup company. The online retailer is likely to spend up to $370 million and the new company would be a part of Amazon Web Services. Annapurna Labs is…
Amazon.com, Inc. (AMZN) Ventures Into Film Production for Theaters
Amazon.com, Inc.(NASDAQ:AMZN) will foray into full-fledged film production business, aiming to release up to 12 feature-length movies in theaters annually, before making such films available on Amazon Prime Instant Video service four to eight weeks after theatrical release. “Not only will we bring Prime Instant Video customers exciting, unique, and exclusive films soon after a…
Amazon.com, Inc. (AMZN) Awaits Luxembourg Tax Probe Announcement From European Commission, ‘State aid’ Offered to The Retailer
In the recent turn of events concerning Amazon.com, Inc. (NASDAQ:AMZN)’s Luxembourg tax probe, the European Commission is likely to release details on Friday. The retailer joined the likes of Apple Inc. (NASDAQ:AAPL) and Starbuck Corporation (NASDAQ:SBUX) in October last year as each of these companies are under EU’s scanner for their tax practices. The primary…
Google Inc (GOOGL)’s Expanded “Google Express” Holiday Deliveries Threatens Amazon.com, Inc. (AMZN)
Google Inc (NASDAQ:GOOGL) has expanded the coverage of Google Express, the same-day holiday delivery service that the search giant has started initially last year, by including additional U.S. cities as well as adding more merchants selling their goods through the service. The company reports that Google Express has served consumers with 50 percent more in…
Amazon.com, Inc (AMZN) Evacuated Its Headquarters Post Written Bomb Threat
In one of the most surprising events for the biggest online retailer in the United States, Amazon.com, Inc (NASDAQ:AMZN), the employees of the company found a written threat note in the Seattle Headquarters of the retailer. The company evacuated the premises at the earliest and investigated the matter with the help of the local police.…
Amazon.com, Inc. (AMZN) Troubled By German Workers’ Strike, Demand For Higher Payment Catches Up Amid Heavy Holiday Season Offers
One of the largest online retailers of the world, Amazon.com, Inc. (NASDAQ:AMZN), is being troubled by the strike of its German warehouse workers. The most crucial thing is the timing of this strike as the Christmas is drawing in with piling orders from customers. Verdi, Labor Union, is behind this strike and it is claiming…
Amazon.com, Inc. (AMZN) Allows Buyers to “Make an Offer” for Fine Art & Collectibles
Amazon.com, Inc. (NASDAQ:AMZN) innovates on its traditional fixed price model of internet retailing, adding a new feature to its website to allow prospective customers to haggle with the price of items sold under its fine arts and collectibles category. Amazon launched an auction site 15 years ago, but it failed to stand ground in competing…