Amazon.com Inc

  1. Best Buy Tops Estimates on Strong Mobile Sales

    June 14, 2011 7:01 AM EDT NEW YORK - Best Buy Co Inc (BBY.N) beat quarterly profit and sales estimates as strong demand for mobile phones, calling plans and tablets offset weakness in its TV business, and its shares rose 6 percent. The company, seen as a bellwether in cons ...

  2. Spain Arrests Anonymous Members Over Sony Hack

    June 10, 2011 12:01 PM EDT Spanish police arrested three suspected members of the so-called Anonymous group on Friday on charges of cyber-attacks against targets including Sony Corp's PlayStation Network , governments, businesses and banks. Police alleged the three arr ...

  3. Amazon Betting on Cloud Computing, Sacrificing Some Profit

    April 26, 2011 8:20 AM EDT Amazon.com Inc is thinking long-term when it spends heavily on "the cloud," but investors may see a little more short-term rain when the online retailer reports its earnings on Tuesday. The company has been willing to sacrifice some prof ...

  4. Amazon, Labels To Meet For Locker Talks: Sources

    April 13, 2011 8:38 PM EDT Amazon.com Inc is due to meet with music label executives on Thursday to hash out deals over the online retailer's controversial cloud-based media locker service that has sparked a music business uproar. Amazon launched the free digital locke ...

  5. iTunes Monopoly? Apple's Jobs Ordered by Judge to Answer Anti-Competition Charges

    March 23, 2011 7:31 AM EDT Apple Inc. Chief Executive Steve Jobs, who is out on medical leave, has been ordered by a federal magistrate to answer questions from plaintiffs' lawyers in an antitrust lawsuit related to his company's iTunes business. U.S. Magistrate J ...

  6. Apple Sues Amazon Over App Store Trademark

    March 22, 2011 7:45 AM EDT Apple Inc has sued Amazon.com Inc in a bid to stop the online retailer from improperly using Apple's APP STORE trademark, according to a court filing. The lawsuit, filed in a California federal court late last week, said Amazon has improperly ...

  7. Google Building Digital Newsstand To Compete With Apple

    January 03, 2011 12:00 AM EST Google Inc has approached several magazine publishers about creating a digital newsstand, in a move that could open a new front in the Internet company's rivalry with Apple Inc, according to a news report. The digital newsstand would provide ...

  8. Apple, Google To Clash In Music Space By Christmas

    September 02, 2010 12:00 AM EDT Google Inc. is in talks with music labels on plans for a download store and a digital song locker that would allow its mobile users to play songs wherever they are as it steps up its rivalry with Apple Inc, according to people familiar with the ma ...

  9. Connecticut AG Probes Apple, Amazon Over E-books

    August 03, 2010 12:00 AM EDT Connecticut Attorney General Richard Blumenthal is investigating deals struck by Amazon.com Inc and Apple Inc to offer low prices on electronic books, saying the agreements may block rivals from providing attractive pricing. Earlier this year, Ama ...

  10. Amazon Outlook Disappoints

    April 23, 2010 12:00 AM EDT Amazon.com Inc forecast lower-than-expected earnings, raising concerns about the online retailer's future margins and sending its shares down about 7%. Like rival eBay Inc, Amazon disappointed investors who had sought greater acceleration in ...

  11. Amazon Blows By Estimates, Sees Strong Q1

    January 29, 2010 12:00 AM EST Amazon.com Inc blew past analysts' profit estimates in its closely watched holiday quarter and forecast revenue for early 2010 that topped already-high Wall Street expectations. The world's largest online retailer has been viewed as a wi ...

  12. Amazon Starts Game Trades

    March 06, 2009 12:00 AM EST Amazon.com Inc will allow shoppers to trade in used video games for store credit, a move that may challenge a core driver of profitability for No. 1 U.S. game retailer GameStop Corp. GameStop shares fell 13% on Thursday, after Amazon set the trial ...

  13. Amazon Claims Record Holiday Orders

    December 29, 2008 12:00 AM EST Online retailer Amazon.com Inc reported its best holiday sales season yet, even as sales and traffic at U.S. store chains were the weakest in decades. Analysts have pointed to Amazon as a rare bright spot in this year's holiday shopping seaso ...

  14. Apple Gears Up For Black Friday Sale

    November 27, 2008 12:00 AM EST Apple Inc, facing a tight U.S. consumer spending environment, is gearing up for a one-day sale on Friday and at least one analyst expects the company to offer discounts of up to 15%. The day after Thanksgiving, known as Black Friday, is the tradit ...

  15. YouTube To Sell Music, Games In Revenue Push

    October 07, 2008 12:00 AM EDT YouTube, the world's most popular video-sharing site, will start to sell music and video games and experiment with new advertising formats to grow revenue, executives said on Tuesday. The Google-owned business is taking the first steps toward ...

  16. Report: Amazon.Com To Launch Music Service

    August 31, 2007 12:00 AM EDT Amazon.com Inc has tentatively set a mid-September target for the launch of its music service, the New York Post reported in its online edition on Friday, citing sources familiar with the situation. The store will offer songs in the MP3 format and ...