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Amazon Prime Now Offers Unlimited Photo Storage

Nov 05, 2014 07:48 AM EST

Amazon is making their Prime membership even more interesting, with a new unlimited cloud storage service for subscribers to the fast-shipping service.

Alibaba Q2 Revenue Surges, But Faces Profit Margin Pressure

Michael A. Katz |

Nov 04, 2014 03:23 PM EST

In its first quarterly earnings report since its IPO, Alibaba's revenue jumped 54% to $2.74 billion. However, its profit margins narrowed during the quarter, a trend that could continue, experts warn, if the company focuses too much on growth.

Amazon to Offer Black Friday Deals Starting Nov. 1

Cory Doyle |

Oct 31, 2014 07:15 PM EDT

Online retailer Amazon will be offering Black Friday deals earlier than ever beginning this Saturday Nov. 1, and will reportedly last until Dec. 22.

Amazon: We "Got The Price Wrong" On Fire Phone

David Curry |

Oct 31, 2014 11:41 AM EDT

David Limp, Amazon's senior vice president of devices, told reporters the company got the price wrong on its Fire Phone.

Amazon Rainforest is Absorbing Significantly Less Carbon Dioxide

Marc Maligalig |

Oct 29, 2014 11:56 PM EDT

The Amazon rainforest plays a crucial role in the carbon life cycle of the earth.

Amazon Challenges Chromecast with Fire TV Stick

Marc Maligalig |

Oct 27, 2014 04:29 PM EDT

E-commerce company Amazon has released the Fire TV Stick, a streaming-media device that is inserted to a High-Definition Multimedia Interface on an HDTV and streams from various sources, including Hulu Plus, Netflix and Amazon's own Prime Instant Video.

Amazon Unveils Fire TV Stick, Its $39 Answer to Chromecast

David Curry |

Oct 27, 2014 01:12 PM EDT

Amazon has announced their competitor to the Chromecast, the $39 Fire TV Stick.

US Postal Service Allowed Customized Delivery Test

US Postal Service Allowed to Deliver Groceries

Staff Reporter |

Oct 26, 2014 02:19 AM EDT

The United States Postal Service (USPS) has warranted the approval of the Postal Service Regulatory Commission for a two-year trial of grocery deliveries. The market test kicked off in the San Francisco Area and may roll out later in Las Vegas, Phoenix and Portland.

Investors Flee After Amazon Reports Q3 Loss of $437 M; Largest Quarterly Loss in 14 Years

Vittorio Hernandez |

Oct 24, 2014 11:57 PM EDT

Is American e-commerce giant Amazon (AMZN.O) feeling the heat from the competition posed by the September New York debut of bigger rival Alibaba (BABA) from China, or is the company reeling from poor management decisions?

Fire Phone Burning a Hole in Amazon's Pocket

David Curry |

Oct 24, 2014 09:30 AM EDT

Amazon has lost $170 million in inventory commitments for the third quarter of 2014 alone, and is currently sitting on a $84 million inventory of Fire Phone units.

Amazon Reports Larger-than-Expected Q3 Loss

David Curry |

Oct 24, 2014 08:36 AM EDT

Amazon.com is reporting a $544 million operating loss in their Q3 earnings call, with CEO Jeff Bezos citing more losses to come.

Amazon Tests Water with $200 Kindle Voyage, But Is It Worth The Price?

David Curry |

Oct 21, 2014 11:02 AM EDT

The Kindle Voyage has been released in the U.S. and some European regions earlier this week. Amazon is pulling out all the stops to make this the best e-reader in the world, but will people pay the $200 premium price?

Schmidt says Amazon is Google's Biggest Rival

David Curry |

Oct 14, 2014 09:51 AM EDT

Google works in a lot of competitive markets, including search, email, cloud storage, video. But according to Google Chairman Eric Schmidt, e-commerce giant Amazon is the company's biggest rival.

Amazon to Open First Store in New York City

David Curry |

Oct 09, 2014 04:57 PM EDT

Amazon is looking to open its first physical store in New York City, where customers will be able to return, swap and collect products from the Amazon online store.