Google executive chairman Eric Schmidt says Amazon's search proficiency takes eyeballs away from their platform. CNBC's Jim Cramer and David Faber discuss if Amazon is a significant threat to Google.» Read More
Oct 9- Amazon.com Inc, the online juggernaut whose rapid expansion helped derail many a brick-and-mortar retail chain, may soon open its first physical store, at a prime site in Midtown Manhattan, according to The Wall Street Journal. Amazon plans to open its first full-fledged store across from the Empire State Building, at 7 West 34th Street, the Journal...
The U.S. military hosted a meeting Monday to find out if so-called cryptocurrencies are being used by U.S. adversaries around the world.
SAN FRANCISCO, Sept 24- Amazon.com Inc will boost staffing at its secretive Silicon Valley- based hardware unit by at least 27 percent over the next five years as it tests Internet-connected "smart" home gadgets such as a one-button device to order supplies.
WASHINGTON, Sept 21- The U.S. drive to end its reliance on Russian rocket motors got a boost this week when Amazon.com Inc founder Jeff Bezos unveiled a new engine project, but officials and industry insiders say it will take years and hundreds of millions of dollars to develop a locally built alternative.
The IPO, which vaulted Alibaba founder Jack Ma into the ranks of tech billionaires like Bill Gates and Jeff Bezos, sets the stage for the Chinese e-commerce juggernaut to expand in the United States, Europe and Asia. Alibaba's closed price of $93.98 gave the company a market cap of $231 billion.
NEW YORK, Sept 19- Alibaba Group Holding Ltd's shares soared 38 percent in their first day of trading on Friday as investors jumped at the chance for a piece of what is likely to rank as the largest IPO in history, in a massive bet on China's burgeoning middle class.
NEW YORK, Sept 19- Alibaba Group Holding Ltd's shares surged in their first day of trading on Friday as investors jumped at the chance to get in on what looks likely to be the largest IPO in history and profit from China's growing middle class.
NEW YORK, Sept 19- Alibaba Group Holding Ltd's shares surged by more than 40 percent in their first day of trading on Friday as investors jumped in to buy what looks likely to be the largest IPO in history.
NEW YORK, Sept 19- Alibaba Group Holding Ltd's shares are expected to surge in their first day of trading on Friday as many investors that received fewer shares than hoped lined up orders to buy what looks likely to be the largest IPO in history.
Sept 18- Alibaba Group Holding priced its initial public offering at $68 a share, the top end of the expected range, raising $21.8 billion on Thursday. "I'd put them in a class of Facebook and Google with the scale they have, growth prospects and profitability," said Scot Wingo, CEO of e-commerce software provider ChannelAdvisor.
SAN FRANCISCO, Sept 18- Forget striving for a well-rounded resume. According to a new book from Peter Thiel, the investor and PayPal co-founder, well-roundedness amounts to "many-sided mediocrity."
NEW YORK, Sept 17- Amazon.com Inc ramped up its push into hardware on Wednesday with the debut of six new or upgraded devices, including a high-end $199 e-reader called the Kindle Voyage and its cheapest-ever touch-screen tablet. Amazon also upgraded its 7- inch and 8.9 inch Fire tablets.
CAPE CANAVERAL, Fla., Sept 17- Boeing Co's proposal to develop a so-called space taxi for NASA astronauts includes a seat for paying tourists to fly to the International Space Station, the company's program manager said on Wednesday, a first for a U.S. space program.
WASHINGTON, Sept 17- United Launch Alliance, a Boeing Co and Lockheed Martin Corp joint venture, said on Wednesday it would invest heavily in a new rocket engine being developed by Amazon.com Inc founder Jeff Bezos and his company Blue Origin.
WASHINGTON, Sept 17- United Launch Alliance, a joint venture of Boeing Co and Lockheed Martin Corp, said on Wednesday it would invest heavily in a new rocket engine being developed by Amazon.com Inc founder Jeff Bezos and his company Blue Origin.
A joint venture of Boeing and Lockheed Martin plans to develop a new rocket engine with a company run by Amazon.com founder Jeff Bezos.
Amazon's founder is joining a Boeing team to build a NASA space taxi, according to the Wall Street Journal.
Alibaba, the Chinese e-commerce giant behind what could be the biggest tech IPO in U.S. history, has begun courting investors.
Sept 3- Amazon.com Inc's finance chief plans to step down next summer after more than a dozen years at the post, the e-commerce company said on Wednesday, at a time when more investors have been complaining about skimpy profits and high spending.
Sept 3- Amazon.com Inc said its chief financial officer, Thomas Szkutak, will retire in June 2015 amid growing investor ire over the company's increased spending and lack of profit.