During its AWS conference, Amazon took aim at Oracle, which is currently the biggest provider of traditional cloud databases.» Read More
BEIJING, April 17- Alibaba Group Holding Ltd deepened its push into the automotive business on Friday, saying it had struck a partnership with Shanghai General Motors to offer online sales and financing for GM cars. Currently, Shanghai GM's Buick, Cadillac and Chevrolet brands are available for sale on Alibaba's TMall.com website, and the two companies said...
*Netflix and Philip Morris rally after results. April 16- U.S. stocks were mixed on Thursday afternoon as soaring Wall Street debuts by online retailer Etsy and trading firm Virtu offset lingering worries about upcoming corporate earnings reports. "Between Etsy, Virtu and Netflix, that's helping prop the market up, keeping people excited," said Mike Binger, a...
Meet savvy entrepreneurs who have found success on the online marketplace for handmade goods.
Etsy CEO Chad Dickerson is very proud of the New York tech community.
E-commerce craft marketplace Etsy has just opened for trading, and shares are surging. Etsy CEO Chad Dickerson discusses the neighborhood ecosystem of Etsy.
DUESSELDORF, Germany, April 16- German labour union Verdi is prepared for a long fight with U.S. online retailer Amazon.com Inc for better pay and conditions and expects more strikes this Christmas. Verdi has organised frequent strikes at Amazon since May 2013 as it seeks to force the retailer to raise pay for warehouse workers in accordance with collective...
Can a niche market like artisan goods deliver the high growth investors have come to expect from dot-com successes? That's Etsy's challenge.
April 15- Etsy Inc's initial public offering has been priced at $16 per share, a market source told Reuters, valuing the online retailer of handmade goods and craft supplies at about $1.78 billion. The New York- based company's IPO raised about $266.66 million at that price, the top end of its expected range of $14- $16 per share. Besides Accel Partners, the company's...
In 2014, Etsy grew its revenue 56 percent, but it's net loss widened, reports CNBC's Julia Boorstin. Insight to how the company makes money.
April 13- E-commerce company Amazon.com Inc and publisher HarperCollins have reached a new multi-year publishing deal that covers both print and digital titles, The Wall Street Journal reported, citing HarperCollins. The deal calls for HarperCollins, owned by News Corp, to set the retail prices of its digital books, with incentives for HarperCollins to...
Cantor Fitzgerald managing director Brian White, provides perspective on the Apple Watch launch. He says people in China are very curious about the watch.
Apple isn't saying how many watches were sold over the weekend, but analysts estimate it was a strong start, reports CNBC's Josh Lipton.
One 76-year-old superhero is still a spry moneymaker on eBay, trouncing other characters with $4.7 million in comic book sales.
EBay on Thursday laid out new details about its plan to spin off its online payments unit, PayPal.
Rand Paul, who just declared a presidential run, boasts a store that offers everything from a beverage koozie to an "NSA spy cam blocker."
Etsy disclosed it hopes to raise as much as $266 million in its IPO. CNBC's Jon Fortt and Jon Steinberg, Daily Mail North America CEO, feel good about this company.
Priceline Group CEO Darren Huston is spending big on acquisitions in a bid to book the Internet giant on a new strategic itinerary.
Taylor Swift may have ditched Spotify, but that doesn't mean she's dropped streaming. Swift's music is now streaming on Jay Z's service, Tidal.
Retail technology venture capitalist Kyle Fugere offers up three business models disrupting retail as we know it.
It's not often that the price of a pair of running shorts costs more than a yearlong gym membership.