A disappointing sales forecast for the Christmas season sent Amazon shares sliding on Thursday night. The online giant said it expected year-on-year sales growth of 10% to 20% for the three months to 31 December. That would be a marked
EBay has filed a lawsuit against Amazon, accusing the US retail giant of using illegal tactics to recruit sellers. It says Amazon representatives abused eBay’s internal email system to contact sellers – a violation of the marketplace’s policies. Amazon declined
San Francisco (CNN Business)—Jeff Bezos says his companies will continue to do business with the US Department of Defense, despite internal and external criticism. “If big tech companies are going to turn their back on the DoD, this country is
If anyone can usurp Walmart’s Black Friday dominance, it’s Amazon. The online giant may be opening retailer stores, but its dominance is digital. Amazon’s Black Friday deals deliver a slew of sales on its popular Echo, Fire TV and Kindle
A report alleging that Apple and Amazon had data stolen by Chinese spies has been strongly disputed by both tech firms. Apple and Amazon have both responded publicly to claims made by Bloomberg Businessweek which described the cyber-attack. “There is
Apple and Amazon are among US companies and agencies who have had data stolen by Chinese spies, claims Bloomberg. The data had been siphoned off via tiny chips inserted on server circuit boards made by a company called Super Micro Computer,