A new report suggests Best Buy could soon win the pricing wars with Amazon.» Read More
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.
Financial Times Headlines POLITICAL BACKLASH OVER BA DEAL COLLAPSE- GOLDMAN'S' MUPPET HUNT' DRAWS A BLANK- PUBLIC TO TAKE 51 PCT IN DIRECT LINE IPO- IMF SOUNDS ALARM OVER JAPANESE BANKS- BRANDS FEAR PITFALLS OF AMAZON CATWALK- DOWNING ST CAUGHT IN BAE/EADS CROSSFIRE- CAMERON VOWS TO UNLOCK BRITAIN'S POTENTIAL- APPLE RETREAT SPURS SWITCH OUT OF TECHS- Overview POLITICAL BACKLASH OVER BA DEAL COLLAPSE.
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.
*Credit Suisse assumes coverage of Amazon.com with outperform; eBay. ,Facebook and Groupon with neutral ratings. Reuters Station users, click. 1568.
CNBC's Courtney Reagan reports the latest details from Wal-Mart's investor meeting, and discussing the growing competition between the big box store and Amazon, with Joe Feldman, Telsey Advisory Group.
*Amazon has 21 movie projects, 9 TV projects in development. *Amazon to post trial videos and seek feedback. SAN FRANCISCO, Oct 10- Amazon.com Inc is producing its own movies and TV programming using the consumer tracking and data crunching skills it developed while becoming the world's largest Internet retailer.
*Venturing into the most hostile territory in Europe, Chancellor Angela Merkel of Germany visited Athens on Tuesday, telling Greeks that she understood their suffering but urging the country to stay the course on reforms and budget cuts.
Oct 10- Samsung Electronics Co said on Wednesday it will become the first TV manufacturer to bring music streaming service Spotify to Internet-connected television sets, with the launch of a new application later this year.
Oct 9- Best Buy Co Inc's chief financial officer, James Muehlbauer, is leaving the embattled retailer after more than a decade, the company said on Tuesday. Best Buy, which appointed a new chief executive in late August, said it was looking for a replacement.