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  • The "Amazon Flywheel" refers to founder Jeff Bezos' strategy of offering the biggest selection of goods at the lowest prices and providing the best customer experience to create a "positive feedback loop". Goldman, which has a "buy" rating on Amazon, raised its price target to $800 from $720. Revenue in Amazon's three main businesses- online retailing in North America,...

  • The "Amazon Flywheel" refers to founder Jeff Bezos' strategy of offering the biggest selection of goods at the lowest prices and providing the best customer experience to create a "positive feedback loop". Goldman, which has a "buy" rating on Amazon, raised its price target to $800 from $720. Revenue in Amazon's three main businesses- online retailing in North America,...

  • Amazon tablet shipments spike 5,421%

    The e-commerce giant says it shipped 2.2 million tablets during the first quarter of 2016, getting a boost from the Fire table.

  • Amazon crushes quarter

    Robert Drbul, Nomura Securities, breaks down Amazon's quarterly numbers and shares his outlook on the company.

  • Jack Ma laughs off AC Milan purchase rumors

    Alibaba founder Jack Ma addresses rumors the company is pursuing a takeover of AC Milan.

  • Amazon.com founder and CEO Jeff Bezos

    Victor Anthony, Axiom Capital Management breaks down Amazon's quarterly numbers and shares his outlook on the company. The standout this quarter is the retail business, says Anthony.

  • Amazon's blowout quarter beats Street, shares soar

    Hats off to Jeff Bezos, says James Cakmak, Monness, Crespi, Hardt & Company analyst, breaking down Amazon's quarterly numbers and sharing his outlook on the company.

  • Natural beauty spots such as Kalametiya Beach, on the south coast of Sri Lanka, drew entrepreneur Lahiru Pathmalal back to his home country.

    Lahiru Pathmalal threw in his economics major to study politics and psychology, infuriating his father.

  • April 28- Amazon.com Inc on Thursday reported profit and revenue that blew past analysts' expectations, sending its shares soaring in after-hours trading and demonstrating the growing market power of its core retail business and new cloud services division. Shares of the world's biggest online retailer jumped nearly 13 percent to $679 in extended trading...

  • Amazon, the world's biggest online retailer, reported net income of $513 million, or $1.07 per share, for the first quarter ended March 31. The company had a loss of $57 million, or 12 cents per share, a year earlier. Net sales rose to $29.13 billion from $22.72 billion.

  • Jeff Bezos, chief executive officer of Amazon.com

    Amazon dominates Google's "fairly nascent" cloud business and is making inroads in search, Mizuho's Neil Doshi tells CNBC, ahead of earnings.

  • BERLIN/ STOCKHOLM, April 28- Shares in German ecommerce investor Rocket Internet took another tumble on Thursday as concerns grew over the value of its portfolio and after a downgrade by the bank that worked on the company's 2014 stock market debut. Rocket and co-investor Kinnevik said on Wednesday a new fundraising at online emerging markets player Global...

  • Amazon wants to sell you  more stuff for the kitchen

    The ecommerce giant is selling the first non-Amazon device to partner with virtual assistant 'Alexa.'

  • Will Amazon surprise?

    Neil Doshi, Mizuho Securities, shares his outlook on Amazon and talks about the cloud and growing competition in streaming content.

  • Will Amazon buck tech trend?

    CNBC's Landon Dowdy takes a look at three things to watch when tech giant Amazon reports quarterly results today.

  • Customers look at lighting fixtures in Ikea

    IKEA began selling solar panels in the United Kingdom on Monday and is slated to open Solar Shops in all of the UK's stores by the end of this summer.

  • Amazon shutting down MyHabit in May

    The e-commerce giant decides to shut down its flash-sale shopping site to focus efforts on Amazon Fashion.

  • April 20- The parent of Britain's Daily Mail said on Wednesday it had not submitted it's own bid to buy Yahoo Inc's core Internet business, but was still in talks to partner with other suitors of the U.S. company. Yahoo, which has been struggling with falling ad revenue for years, has sped up the process to sell its media, email and other web businesses, bowing to...

  • Verizon submitted its offer with advice from investment banks Guggenheim Partners LLC, LionTree LLC and Allen& Company, the people said on Tuesday. The auction attracted a diverse array of companies ranging from Japanese online retailer Rakuten Inc to Yellow Pages owner YP LLC, which is backed by AT&T Corp, the people said. Apax Partners LLP, TPG Capital LP, Bain...

  • Millennials go online, 'just don't have the time'

    What do millennials want? Nicole Susie, University of Arizona senior; Nick Duran, University of Arizona senior; and Trish Bohardt, University of Arizona junior, discuss trends in retail.