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Amazon to expand drone delivery into Britain and ItalyAmazon plans to expand its drone delivery service to the UK and Italy by late next year. The e-commerce giant also unveiled new warehouse r...- Instacart's flat shopping orders could hurt ad growth, say analystsSan Francisco-based Instacart's 5.1 million subscribers typically pay $99 a year or $9.99 a month for free deliveries on orders of $35 or m...
- Amazon profit beats expectations on booming salesRevenue taken in by the Amazon Web Services (AWS) cloud computing unit was increased to $22 billion in a year-over-year comparison, but cos...
- Why Amazon put services in the spotlight for Prime DayAmazon's 200 million US Prime members snapped up $12.7 billion in merchandise, a record sum representing year-over-year growth of 6.1%, acc...
- Tech investors focus on profits after layoffs; companies to highlight AIMicrosoft Corp, Google parent Alphabet Inc, Instagram owner Meta Platforms Inc and Amazon.com Inc all report quarterly results this week.
- Amazon sees resilient consumer demand as shares jump 13%Shares of the world's largest online retailer rose 13% in trading after the bell, extending its market valuation by more than $150 billion.
- Amazon, Apple beat expectations in gloomy earnings seasonMicrosoft and Facebook-owner Meta both cited the harm to their business from a strong dollar: when America's currency gains too much value,...
- US tech titans stumble after pandemic boom"When you think about the number of challenges in the quarter, we feel really good about the growth that we put up," Apple chief executive ...
- Amazon results and outlook fall short as warehouse, fuel costs soarAmazon's results called consumer demand into question. While online store sales dipped and the number of products it sold was flat in the f...
- Amazon holiday quarter profit doubles due to return on Rivian investmentThe one clear bright spot for the core business was the continued acceleration in AWS to help bolster a bottom line, an analyst says.
- Amazon hikes Prime membership fees in US as wages, costs riseShares rose as much as 17% in extended trade as Amazon also beat profit expectations for the holiday season. If shares increase on Friday b...
- Amazon's strong Q4 numbers spark 17% rally in stockFor the holiday quarter, Amazon earned $14.3 billion, double its net income from a year earlier. That included a pre-tax gain of $11.8 bill...
- Amazon seen triumphing over Apple privacy changes in digital ad businessAmazon, which reports earnings on Thursday, does not break out its advertising sales, but nestles it in its "other" business segment."Googl...
- Amazon sees pandemic boosting holiday sales and investment in deliverySince the start of the virus outbreak in the United States eight months ago, consumers have turned increasingly to Amazon for delivery of g...
- Pinterest IPO raises $1.4 billion as it shuns social media tagPinterest has taken a slow and steady approach to growth and making money from the service, compared with the faster expansion rates of Fac...
- Facebook marketing, ads prompt user to buy products: ReportFacebook Inc's marketing and advertising encourages users to buy products, the social-networking company said in a joint report with ComSco...
- Google Plus steadily gaining ground in social networking spaceAccording to estimates by research firm ComScore, Google Plus had 19.93 million unique visitors between June 29 and July 19 period.
- Internet retail growth rate at 7-year lowOnline spending for October grew at the slowest pace since at least 2001, an Internet research company said Tuesday - the latest evidence t...
- Dell's battery recall drawing large hitsThe recall of faulty batteries present in more than 4 million Dell notebooks is turning out to be as famous as the global PC giant itself o...
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