Technology - Amazon

Walmart's Web Push Includes Turning CEO Into Yoga-Mat Salesman

If you’re in the market for a yoga mat this holiday season, Marc Lore has a deal for you. The Walmart Stores executive, who runs the chain’s...

Bank CEOs Can't Agree on How Scared They Should Be Of Amazon

Amazon.com Inc.’s been plowing into industry after industry, and executives atop some of the biggest U.S. banks are hoping finance won’t be the...

Amazon Facing Legal Action Over German 'Black Friday' Trademark Breach

US online retail company Amazon is reportedly being sued in Germany for its use of the registered trademark 'Black Friday'. Hong Kong-based media and IP...

Amazon Scales Back Fresh Grocery Delivery After Whole Foods Deal

Amazon is scaling back its grocery-delivery service, Amazon Fresh, in parts of at least seven states, tweaking its strategy after buying Whole Foods Market...

Online Grocery Shopping Remains Low In Portugal, Study Finds

Portuguese consumers are slow to take up online grocery shopping, a study has found, with only 0.9% shopping for groceries online. This compares to the...

Bezos Seizes Title Of World's Richest Person After Amazon Soars

A post-earnings surge in Amazon.com Inc. shares on Friday pushed Jeff Bezos to the top of the Bloomberg Billionaires Index for the first time, vaulting him...

Amazon Posts Double Digit Sales Growth Following Whole Foods Deal

Online retail giant Amazon has reported that net sales increased by 34% to $43.7 billion in the third quarter of the year. This figure includes $1.3 bil...