Amazon is planning on expanding its own Element brand to include food staples such as milk and cereal and other things, Wall Street Journal reports.» Read More
NEW YORK-- Best Buy said Friday that it has authorized its store staffers to match online prices of competitors in some cases, as it beefs up service offerings as the all-important holiday season kicks off. Best Buy and others already offer price-matching guarantees for local competitors' brick-and-mortar stores.
*Smaller tablet would be new segment for Apple. SAN FRANCISCO, Oct 12- Apple Inc will host an event on Oct. 23, said a source familiar with the plan, in what is expected to be the unveiling of a smaller iPad to venture into a market staked out well in advance by rivals Amazon.com Inc and Google Inc.
Apple is expected to unveil its Mini iPad at an October 23 event, and CNBC's Jon Fortt reports the company will have to include the product in its fiscal Q1 guidance.
Best Buy, often called a showroom for Amazon, says it plans to match the prices of Internet competitors like Amazon this holiday season, reports CNBC's Herb Greenberg.
Oct 12- Apple Inc is expected to take the wraps off its highly anticipated mini iPad at an Oct. 23 invitation-only event, reported tech blog AllThingsD on Friday, citing sources familiar with the company. An Apple spokesman declined to comment. Apple shares were down 0.2 percent at $626.51 in morning Nasdaq trade.
Oct 12- Apple Inc is expected to take the wraps off its highly anticipated mini iPad at an Oct. 23 invitation-only event, reported tech blog AllThingsD on Friday, citing sources familiar with the company. An Apple spokesman did not immediately respond for comment.
is in talks to buy a significant stake in Sprint Nextel Corp, the ailing U.S. wireless carrier said. A deal would offer a multibillion-dollar lifeline that could help Sprint finance future mergers of its own and better compete with its much bigger and richer rivals.
Oct 11- Amazon Chief Executive Jeff Bezos confirmed on Thursday that the online retailer sells its Kindle e-reader "at cost", with profit coming instead from sales of online content.
NEW YORK-- It's a shopper's nightmare: Buying something, then seeing it cheaper at another store. I have been using Amazon.com Inc.' s price-checking app for about a year now and have always found the prices on the app lower than at a store. But I've never tried other popular apps by Google Inc. and eBay Inc..
The world's largest specialty toy retailer said it would ship to more than 60 countries in north, south and central America, Asia and Europe. The firm said on Wednesday it will open toy departments in 24 Macy's stores this holiday season.
SAN FRANCISCO, Oct 10- Amazon.com Inc received approval from the U.S. Federal Communications Commission to sell its high-end Kindle Fire 4 G tablets, a company spokeswoman said on Wednesday. Amazon unveiled the new tablets last month, but the devices had not secured FCC clearance.
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SAN FRANCISCO, Oct 10- Amazon.com Inc got approval from the U.S. Federal Communications Commission to sell its high-end Kindle Fire 4 G tablets, a company spokeswoman said on Wednesday. Amazon unveiled the new tablets last month, but the devices had not yet secured FCC clearance.
Oct 10- Barnes& Noble Inc expects its digital Nook and college bookstore businesses to generate combined revenues of $3 billion this year, helped by strong e-books sales growth, and the bookseller said on Wednesday it plans to expand its digital bookstore into nine new international markets by June.
Caris& Co. analyst Scott Tilghman said in a research note Wednesday that Wal-Mart Stores Inc.' s recently announced plans for same-day shipping is not the threat to Amazon.com Inc. that some perceived it to be. Wal-Mart's program offers fewer products and is being offered in five markets, versus the 10 being tested by Amazon.
If we do get an iPad mini from Apple later this month, how much should it cost? CNBC's Jon Fortt explores what price point makes the most sense.
As technology becomes more ubiquitous, more countries are wooing tech companies and startups to set up shop in their burgeoning tech centers.
More and more, companies are tasking out micro-projects to consumers — tiny jobs for which it makes no financial sense to send a full-time employee, but that still need to get done.
Joe Feldman of the Telsey Advisory Group came away from Wal-Mart’s annual analyst and investor meeting enthusiastic about the stock and its plans to offer same-day shipping.
In an era low global economic growth and ongoing deleveraging, Glenn Hutchins, co-founder of private equity fund Silver Lake Partners, suggests investing more heavily in the fastest growing parts of the U.S. and global economy.