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Amazon revenue soars as cloud, retail businesses dominate

Amazon revenue soars as cloud, retail businesses dominate

Amazon.com Inc`s retail and cloud-computing sales rose in the first quarter, inching above Wall Street`s expectations and sending the company`s shares to an all-time high in extended trading.

US retail sales fall for second straight month on weak automobiles

US retail sales fell for a second straight month in March amid softening demand for automobiles, suggesting economic growth slowed abruptly in the first quarter.

The Commerce Department said on Friday retail sales dropped 0.2 percent last month.

Bezos is selling $1 billion of Amazon stock a year to fund rocket venture

Bezos is selling $1 billion of Amazon stock a year to fund rocket venture

Amazon.com founder Jeff Bezos said on Wednesday he is selling about $1 billion worth of the internet retailer`s stock annually to fund his Blue Origin rocket company, which aims to launch paying passengers on 11-minute space rides starting next year.

Shobhaa De says Sushma Swaraj should 'keep calm and stop tweeting', Twitterati give it back to her superbly

Shobhaa De says Sushma Swaraj should 'keep calm and stop tweeting', Twitterati give it back to her superbly

Shobhaa De today suggested that External Affairs Minister Sushma Swaraj should make a New Year's resolution to "keep calm and stop tweeting," leaving many Twitter users furious.

 Flipkart eyes groceries, online furniture business

Flipkart eyes groceries, online furniture business

In a bid to expand its product portfolio, major online store Flipkart plans to enter the groceries space and also make a renewed push in the online furniture business space.

Google rebrands cloud business, adds more artificial intelligence

Google rebrands cloud business, adds more artificial intelligence

Alphabet Inc`s Google said on Thursday it renamed its business-to-business cloud computing brand and enhanced some enterprise applications using artificial intelligence, the company`s latest gambit to better compete with Amazon.com and Microsoft Corp. in the lucrative cloud business.

Silicon Valley leads avalanche of quarterly reports

A quartet of technology heavyweights will be part of an avalanche of quarterly corporate earnings reports next week that, along with a meeting of Federal Reserve policymakers, could hold the key to whether Wall Street extends its record-breaking rally or loses steam.

Amazon in trouble for selling doormat with images of Hindu Gods; #BoycottAmazon trends

Amazon in trouble for selling doormat with images of Hindu Gods; #BoycottAmazon trends

Online retail giant Amazon landed itself in big trouble after it was discovered that the company was selling doormats with pictures of Hindu gods and goddesses on them.

Now, Amazon Echo to add events to Google calendar

Now, Amazon Echo to add events to Google calendar

Amazon's Alexa would add the event to the calendar if asked to do so.

Xiaomi Mi 5, Redmi Note 3 flash sale today at 2 pm

Xiaomi Mi 5, Redmi Note 3 flash sale today at 2 pm

The flash sale of Xiaomi's two hot selling smartphones –Mi 5 and the Redmi Note 3 will begin at 2 pm on Wednesday.

Amazon to sell new Kindle with rechargeable protective case: Report

Amazon to sell new Kindle with rechargeable protective case: Report

Amazon.com Inc is set to release a higher-end Kindle version with a rechargeable protective case for a better battery life.

Amazon, Microsoft look for big data role in self-driving cars

Amazon.com and Microsoft are in talks to supply cloud computing to digital mapping business HERE, owned by a group of German carmakers developing self-driving cars

Amazon to buy back $5 billion of shares

The buyback replaces the $2 billion repurchase programme approved in 2010. 

Top Amazon executive to take two-year post with Italian prime minister

A top executive at Amazon.com, Diego Piacentini, is taking a two-year leave of absence to lead Italian Prime Minister Matteo Renzi`s digital technology office, the company said on Wednesday.

Mall operator CEO clarifies comments on Amazon bookstores

Sandeep Mathrani, the chief executive of Chicago-based General Growth Properties Inc , which owns and leases retail mall properties, said on his company`s earnings call with analysts on Tuesday that Amazon had plans to open "300 to 400 bookstores." 

Amazon gives 200 million items for free to prime subscribers

Amazon gives 200 million items for free to prime subscribers

More than three million people joined Amazon Prime in the third week of December alone.

OnePlus X available on Amazon without invite

After making its OnePlus 2 invite free, Chinese handset maker OnePlus has made OnePlus X 'invite free' on Amazon but only for today, December 10.

Amazon beats Flipkart, Snapdeal as most visited e-commerce site

Amazon beats Flipkart, Snapdeal as most visited e-commerce site

As e-commerce players battled for consumer attention during the festive period, Amazon India saw maximum visitors on its web and mobile sites in October at over 20 crore visitors, as per the recent data from Internet analytics firm comScore.

Amazon continues to invest 'very heavily' in India

Amazon continues to invest 'very heavily' in India

Global e-commerce giant Amazon continues to invest "very heavily" in the Indian market, encouraged by its strong sales numbers and expanding seller base, a top company executive has said.

Google patents holograms for eye-wearable Glass

Google patents holograms for eye-wearable Glass

Google has filed a patent application to use holograms on its eye-wearable device Google Glass that will improve the augmented reality experiences that allows computer-generated imagery (CGI) to interact with the real world.