A new sonar system is inspired by one of mother nature’s masters: the bat. It is another example of the growing influence of biomimetics.» Read More
TORONTO, May 25- Canadian e-commerce start-up Shoes.com Technologies plans to go public this fall following a private funding round that tapped high-net-worth individuals and private institutional capital, Chairman Roger Hardy said on Monday. The company raised C $45 million earlier this month, valuing it at C $320 million. The e-commerce industry,...
NEW YORK, May 24- Amazon.com Inc has started booking revenue from retail sales in individual European countries, instead of channeling all sales through low-tax Luxembourg, the Wall Street Journal reported Sunday. European Union antitrust regulators opened an investigation into Amazon's tax-minimizing arrangements with Luxembourg in October.
A line of children's booster seats with potentially faulty safety straps are among this week's recalled consumer products. Others include several types of gas ranges with defects that can cause burn or fire hazards. FOR MORE: Call Vivint at 759-8189 from 8 a.m. to 9 p.m. EDT Monday through Friday or online at www.vivint.com and click on "Product Recall."
*Microsoft was willing to offer about $55 bln- CNBC. May 22- Microsoft Corp and Salesforce.com Inc held "significant talks" this spring but failed to agree on a price, CNBC reported, citing people familiar with the matter. A potential bidder can go up to $70 billion on the high end and Microsoft, Oracle Corp and Amazon.com Inc are the companies most likely to be suitors,...
Retailers have had their share of stumbles over the years. Here's who's turning it around.
Amazon rolls one-hour local store delivery to its Prime membership program.
Amazon users can now have groceries, prepared meals and baked goods delivered to them in under an hour in Manhattan as the e-commerce giant expands its fast delivery service.
Amazon will begin offering one-hour delivery from local stores in New York City as competition in the delivery arena increases.
Some of the names on the move ahead of the open.
RICHFIELD, Minn.— Best Buy's stock jumped in trading Thursday after its first-quarter sales and profit managed to top analysts' expectations. It was only a few years ago that critics were about to write Best Buy's obituary, questioning how a big-box retailer could compete in a shifting landscape where shoppers are increasingly researching products at big...
NEW YORK— McDonald's CEO Steve Easterbrook said Thursday he was "incredibly proud" of a decision to bump pay for some workers, even after protesters called on the company to do more outside its annual shareholder meeting. But the push comes at a time when protests for pay of $15 an hour and a union have been spreading around the country. During the meeting, the company...
NEW YORK, May 21- Small U.S. food manufacturers once toiled for decades to develop a critical mass of fans for their products. More mass-market retailers want niche brands that shoppers view as healthier to drive traffic in stores, particularly as they face rising competition from natural food and specialty chains like Whole Foods Market Inc..
CEO Daniel Ek said that the new service launches Wednesday in the U.S., U.K., Germany and Sweden. The extra content, from partners such as Comedy Central, BBC and ESPN, will be available for both free and premium customers. Spotify enters a competitive market for video streaming that is dominated by Netflix, Amazon.com, and Hulu, but it's getting more crowded of late...
Jeff Bezos appoints the first woman to a highly coveted role as his 'shadow' at Amazon.
Taser is moving from hardware to software, and betting that a cloud platform can help law enforcement raise accountability and reduce violence.
NEW YORK— Staples suffered a 36 percent decline in first-quarter earnings as businesses increasingly go digital, a shift that has compelled its attempted merger with Office Depot. Staples had been under pressure from the private equity firm Starboard Value LP to attempt to combine its business with Office Depot and earlier this year it did just that.
May 19- Wal-Mart Stores Inc said that it would take a different approach to online growth than Amazon.com Inc by using its large network of stores as distribution points. Wal-Mart's sluggish quarterly results that were released on Tuesday highlighted the importance of growing its online business. But as Wal-Mart prepares to test a free shipping program...
The world's largest retailer on Tuesday disappointed on both the top and bottom lines, but it wasn't all bad news.
The departure of key executives raises questions about Google's long-term commitment to a real commerce battle, Re/code reports.
Patent trolls took a hit in 2014, but they aren't dead yet. Patent litigation dropped for the first time in five years, according to a new study.