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Amazon tries free, on-time delivery to lure India online

Last Updated: Friday, November 01, 2013, 15:58

Free shipping on a 100 rupee book. Delivery times guaranteed to the minute. These are some of the incentives the world`s biggest online retailer Inc is using to entice Indians to shop on the web, a sector where growth has been stifled by payment problems, low Internet usage and a challenging logistics environment.

Amazon third quarter sales beat bodes well for holidays

Last Updated: Friday, October 25, 2013, 13:19 Inc posted a narrower quarterly loss and grew sales by a better-than-expected 24 percent on Thursday as it expanded aggressively at home and made inroads overseas, sending its shares up 8 percent.

Microsoft beats profit forecasts, shares jump

Last Updated: Friday, October 25, 2013, 11:06

The world`s largest software company is the latest tech firm to surprise investors with a powerful performance, coming the same day as Inc eased past average revenue forecasts.

Memories of Facebook cloud Twitter's IPO

Last Updated: Saturday, October 05, 2013, 15:30

As Twitter Inc races toward the year's most highly anticipated tech offering, memories of Facebook Inc's disappointing 2012 debut are dampening enthusiasm for shares of the eight-year-old online messaging service.

Amazon to hire more than 70,000 seasonal employees

Last Updated: Tuesday, October 01, 2013, 13:18 Inc said it expects to hire more than 70,000 full-time seasonal employees across its order fulfillment centers in the United States, a 40 percent increase from last year.

Facebook e-commerce: The next big thing?

Last Updated: Thursday, April 05, 2012, 20:03

A group of e-commerce start-ups, backed by some of the tech world`s most pedigreed financiers, are betting that Facebook Inc can become an e-commerce powerhouse to rival Inc and eBay Inc.

Cash discussions intensifying: Apple CEO

Last Updated: Wednesday, February 15, 2012, 09:38

Apple Inc is in very active discussions at the board level about what to do with its steadily growing hoard of cash and securities, Chief Executive Tim Cook said on Tuesday, responding to calls for the world's most valuable electronics company to put its massive cash reserves to work.

Amazon and Viacom close to Web video deal

Last Updated: Wednesday, February 08, 2012, 08:56 Inc is about to announce a Web video deal with Viacom Inc in what sources said was one of the last steps in a plan to launch a standalone subscription service to compete with Netflix Inc.

Kindle-wielding Amazon dips toes into physical world

Last Updated: Tuesday, February 07, 2012, 09:34 Inc is dipping its toes into the physical world as the largest online retailer offers more products in stores that may benefit from hands-on interaction with shoppers.

Amazon spending threatens 1st-quarter profit

Last Updated: Wednesday, February 01, 2012, 09:09 Inc warned of a possible operating loss in the first quarter following a sharp drop in fourth-quarter profit, a sign that the online retailer will keep spending heavily on expansion at the expense of short-term returns.

Google in talks to take on Amazon in retail: Report

Last Updated: Friday, December 02, 2011, 08:58

Google Inc is pondering an Internet service to help consumers shop online and take advantage of same-day delivery, hoping to stanch the loss of Web traffic to Inc, the Wall Street Journal reported on Thursday.

Amazon to unveil tablet today, price could be big attraction

Last Updated: Wednesday, September 28, 2011, 08:42

Analysts expect the tablet to be priced around USD 250, roughly half the price of Apple's dominant iPad, which starts at USD 499.