Amazon to open an office in China's Shanghai free trade zone, state media says, allowing the firm to sell a wider range of products in the country.» Read More
NEW YORK, Aug 14- Activist investor Carl Icahn reported a 6.6 percent stake in Gannett Co Thursday and revealed that he planned to push the media company to split into separate print and broadcast firms before Gannett beat him to it, a regulatory filing showed.
Aug 14- Top U.S. hedge fund managers did some shopping for shares of discount retailer Dollar General Corp and drug store operator Walgreen Co in the second quarter.
SAN FRANCISCO, Aug 14- Ebay Inc's PayPal is in talks with Coinbase Inc and other bitcoin transaction providers to integrate the virtual currency within its Braintree payments system, The Wall Street Journal reported on Thursday. Ebay bought Braintree for $800 million in 2013 to boost PayPal's mobile presence.
Daniel Loeb's Third Point added 1 million shares of Dollar General, raising his stake by 33 percent, while Blue Ridge Capital, founded by Tiger Cub John Griffin, nearly doubled its stake in Walgreen when it bought 2.8 million shares.
Aug 14- With the cost of college textbooks surpassing $1,000 a year for many students, soon-to-be sophomore Matt Schroeder came up with a smart way to trim costs. "My calculus book that usually costs $180, I got for the semester for $10 and a Chick-fil-A biscuit," says Schroeder, 19, who attends Covenant College in Georgia.
Online shopping is still in its infancy in India at $2.3 billion of an overall $421 billion retail market in 2013, according to research firm Crisil.
eBay fell$. 49 or. 9 percent, to $52.94. Groupon Inc. fell$. 10 or 1.7 percent, to $5.76. LinkedIn Corp. rose $1.76 or. 8 percent, to $215.14.
eBay fell$. 45 or. 8 percent, to $52.99. Groupon Inc. fell$. 08 or 1.4 percent, to $5.78. LinkedIn Corp. rose$. 99 or. 5 percent, to $214.37.
SAN FRANCISCO, Aug 13- Amazon.com Inc unveiled a $10 credit-card reader and mobile app for businesses on Wednesday, expanding further into bricks-and-mortar retail and the rapidly evolving mobile payments arena. The new point-of-sale system, called Amazon Local Register, would give Amazon crucial data on how U.S. consumers shop offline, analysts say.
Amazon is going after Square and PayPal with "Local Register". The "Squawk Alley" crew, and Jon Steinberg, Daily Mail North America CEO, discuss the credit card processing device designed to help small businesses.
eBay fell$. 43 or. 8 percent, to $53.01. Groupon Inc. fell$. 07 or 1.2 percent, to $5.79. LinkedIn Corp. rose$. 19 or. 1 percent, to $213.57.
*Threat of Russia invading Ukraine appears to recede. NEW YORK, Aug 13- U.S. stock index futures rose on Wednesday amid a perceived easing of tensions in both Ukraine and Iraq, which pushed investors to seek bargains.
Amazon.com unveiled a $10 credit-card reader and mobile app for brick-and-mortar businesses, expanding its presence in the physical world.
SAN FRANCISCO, Aug 13- Amazon.com Inc unveiled a $10 credit-card reader and mobile app for brick-and-mortar businesses on Wednesday, marking the latest step by the U.S. online retailer to expand its presence in the physical world. The new point-of-sale system, called Amazon Local Register, would give Amazon crucial data on how U.S. consumers shop offline.
SAN FRANCISCO, Aug 12- Alibaba Group Holding Ltd overhauled its pact with the parent of fast-growing payments affiliate Alipay, boosting the Chinese e-commerce giant's potential gains if that company is sold or goes public. That move spurred protests from major shareholders Yahoo Inc and Softbank Corp and led to a framework agreement in 2011..
Bowing to social media pressure, the fast-food giant has brought back Chicken Fries. USA Today reports.
Hate waiting to pay the restaurant check? A slew of businesses is here to help.
eBay fell$. 21 or. 4 percent, to $53.88. Groupon Inc. rose$. 06 or 1.0 percent, to $6.02. LinkedIn Corp. rose $4.78 or 2.3 percent, to $212.90.
EBay is sending Chinese manufacturers your search data to quickly turn around near authentic items. Ken Goldin, Goldin Auctions founder, advises those shopping on eBay. Leigh Gallagher, Fortune Magazine, provides insight.
eBay fell$. 10 or. 2 percent, to $53.99. Yahoo fell$. 01 or percent, to $35.90. Zynga Inc. fell$. 01 or. 3 percent, to $2.87.